Underwriter

Underwriter

London Full-Time 48000 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join a dynamic team to execute and refine underwriting strategies in the War and Terrorism Division.
  • Company: Avencia partners with a leading specialty insurer, renowned globally for its expertise.
  • Benefits: Enjoy competitive salary, performance bonuses, 25 days holiday, and excellent health benefits.
  • Why this job: Be part of a high-performing team with opportunities for growth and impactful work.
  • Qualifications: Experience in War and Terrorism underwriting and strong analytical skills are essential.
  • Other info: Opportunities for training and career progression in a supportive environment.

The predicted salary is between 48000 - 72000 £ per year.

Portfolio Underwriter We are looking for someone to join the team in a supporting capacity, providing essential administrative and analytical assistance to the underwriting function. This role is ideal for someone highly organised, detail-focused, and confident in working with data, particularly in Microsoft Excel, which will be used extensively on a daily basis. Please note this position requires 4 days a week in the office. About the Insurer You\’ll be joining a dynamic specialty (re)insurance group known for its innovative approach to underwriting and strong reputation in the London Market. The business works closely with brokers and clients across international markets, offering tailored solutions and underwriting expertise across a diverse portfolio. Key Responsibilities Support the administration of underwriting activities, including maintaining accurate data, records, and documentation. Assist with the preparation, review, and analysis of submissions. Ensure accuracy and integrity of underwriting data across internal systems. Work closely with brokers, clients, and colleagues to provide timely administrative support. Monitor market developments and maintain up-to-date knowledge relevant to the team\’s work. Provide support with reporting and data analysis in Excel. What we\’re looking for Strong administration skills with attention to detail. High proficiency in Excel (including data analysis, reporting, and managing large datasets). Good organisational and communication skills. Previous experience in an office, insurance, or financial services environment is advantageous but not essential. This is a great opportunity for someone who is currenlty an Assistant Underwriter looking to build experience within the insurance sector in a role that combines administration, data handling, and team support

Underwriter employer: Avencia Consulting Services

Avencia offers an exceptional work environment for Underwriters in the War and Terrorism Division, located in the vibrant city of London. With a competitive salary, comprehensive benefits package, and a strong focus on professional development, employees are empowered to thrive in their careers while collaborating with a high-performing team within a globally recognised insurance group. The company fosters a culture of innovation and teamwork, providing unique opportunities to engage with key stakeholders and contribute to strategic initiatives.
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Contact Detail:

Avencia Consulting Services Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Underwriter

✨Tip Number 1

Familiarise yourself with the latest trends and developments in War and Terrorism underwriting. This will not only help you understand the market better but also allow you to engage in informed discussions during interviews, showcasing your expertise.

✨Tip Number 2

Network with professionals in the insurance industry, particularly those involved in War and Terrorism underwriting. Attend relevant events or join online forums to build connections that could lead to referrals or insider information about the role.

✨Tip Number 3

Prepare to discuss specific examples of how you've successfully managed underwriting strategies in previous roles. Highlight your ability to influence stakeholders and deliver results, as these are key aspects of the job.

✨Tip Number 4

Research the company’s culture and values, especially their approach to risk management and client relationships. Tailoring your conversation to align with their ethos can make a strong impression during interviews.

We think you need these skills to ace Underwriter

Underwriting Expertise in War and Terrorism
Strong Analytical Skills
Numerical Proficiency
Risk Management Knowledge
Relationship Building
Communication Skills
Presentation Skills
Stakeholder Influence
Strategic Thinking
Proactive Problem-Solving
Knowledge of Regulatory Compliance
Experience in Complex Environments
Business Development Acumen
Team Collaboration

Some tips for your application 🫡

Understand the Role: Before applying, make sure to thoroughly understand the responsibilities and skills required for the Underwriter position in the War and Terrorism Division. Tailor your application to highlight relevant experience and expertise.

Craft a Strong CV: Your CV should clearly showcase your experience in wholesale and retail War and Terrorism underwriting. Include specific examples of how you've contributed to team goals and strategy development in previous roles.

Write a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Highlight your strong communication skills and ability to build relationships with brokers, as well as your track record of influencing stakeholders.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects your attention to detail, which is crucial in underwriting.

How to prepare for a job interview at Avencia Consulting Services

✨Know Your Underwriting Fundamentals

Make sure you brush up on your knowledge of War and Terrorism underwriting. Be prepared to discuss specific cases or scenarios where you've applied sound underwriting judgement, as this will demonstrate your expertise in the field.

✨Showcase Your Communication Skills

Since the role involves representing the company in broker and client meetings, practice articulating your thoughts clearly and confidently. Prepare examples of how you've successfully influenced stakeholders in the past.

✨Demonstrate Team Collaboration

Highlight your experience working within complex, matrixed environments. Be ready to discuss how you've collaborated with underwriters and other departments to achieve team goals and refine strategies.

✨Prepare for Questions on Risk Management

Expect questions about maintaining robust risk management controls. Think of examples where you've identified new business opportunities while adhering to guidelines and risk appetite, showcasing your analytical capabilities.

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