Assistant Underwriter in London

Assistant Underwriter in London

London Full-Time 40000 - 50000 £ / year (est.) Home office (partial)
Avencia Consulting

At a Glance

  • Tasks: Manage a fast-follow marine portfolio and build strong relationships with stakeholders.
  • Company: Join a supportive team in a leading marine insurance division in London.
  • Benefits: Competitive salary, diverse workforce, and opportunities for professional growth.
  • Why this job: Contribute to sustainable growth in a dynamic marine underwriting environment.
  • Qualifications: Experience in marine insurance and strong analytical skills required.
  • Other info: Collaborative culture with a focus on customer service and compliance.

The predicted salary is between 40000 - 50000 £ per year.

We are seeking an Assistant Underwriter to join our Marine Division in London. The successful candidate will be responsible for managing a fast-follow marine portfolio, driving sustainable growth, and building strong relationships with key stakeholders.

About the role:

  • Manage a fast-follow marine portfolio to ensure long-term profitability.
  • Develop and maintain strong relationships with internal teams and broker partners.
  • Conduct regular assessments of the portfolio and make informed underwriting decisions.
  • Work collaboratively with the wider team to achieve business objectives.
  • Monitor aggregate exposures and catastrophe management within company limits.
  • Use data systems for portfolio analysis and provide performance reports.
  • Ensure timely and professional responses to stakeholders, prioritising customer service.
  • Comply with company policies, procedures, and regulatory requirements.

What we are looking for:

  • Experience in the marine or property insurance market.
  • Strong analytical, decision-making, and communication skills.
  • Experience with Cat/Aggregation Management software is advantageous.
  • ACII qualification (or working towards it) would be beneficial.

Why Join Us:

You will be part of a supportive and collaborative team, with the opportunity to contribute to the growth of our energy underwriting portfolio. We offer a competitive salary and benefits package, and value a diverse workforce with varied backgrounds and perspectives.

Assistant Underwriter in London employer: Avencia Consulting

Join our dynamic Marine Division in London as an Assistant Underwriter, where you'll thrive in a supportive and collaborative environment. We prioritise employee growth with opportunities for professional development, competitive salaries, and a comprehensive benefits package, all while fostering a diverse workforce that values unique perspectives. Experience the rewarding challenge of managing a fast-follow marine portfolio and building strong relationships with key stakeholders in a vibrant city.
Avencia Consulting

Contact Detail:

Avencia Consulting Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Assistant Underwriter in London

✨Tip Number 1

Network like a pro! Reach out to people in the marine insurance sector, especially those who work at companies you're interested in. A friendly chat can open doors and give you insights that might just land you that Assistant Underwriter role.

✨Tip Number 2

Prepare for interviews by brushing up on your knowledge of marine underwriting. Be ready to discuss how you would manage a fast-follow portfolio and make informed decisions. Show us you know your stuff, and you'll stand out from the crowd!

✨Tip Number 3

Don’t underestimate the power of follow-ups! After an interview or networking event, drop a quick thank-you email. It shows your enthusiasm and keeps you fresh in their minds. Plus, it’s a great way to reinforce those strong relationships we’re all about.

✨Tip Number 4

Apply through our website! We love seeing applications come directly from candidates who are genuinely interested in joining our team. It shows initiative and gives you a better chance of being noticed by hiring managers.

We think you need these skills to ace Assistant Underwriter in London

Marine Insurance Knowledge
Portfolio Management
Relationship Building
Underwriting Decision-Making
Data Analysis
Cat/Aggregation Management Software
Analytical Skills
Communication Skills
Customer Service
Regulatory Compliance
Team Collaboration
ACII Qualification (or working towards it)

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Assistant Underwriter role. Highlight your experience in the marine or property insurance market and any relevant skills that match the job description. We want to see how you can contribute to our team!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about marine underwriting and how your background makes you a great fit for us. Don’t forget to mention your analytical skills and any experience with Cat/Aggregation Management software.

Showcase Your Communication Skills: Since strong communication is key in this role, make sure your application reflects that. Use clear and concise language, and don’t hesitate to demonstrate how you've built relationships with stakeholders in the past. We love a good story!

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!

How to prepare for a job interview at Avencia Consulting

✨Know Your Marine Insurance Basics

Before heading into the interview, brush up on your marine insurance knowledge. Understand key terms and concepts related to marine underwriting, as well as current trends in the industry. This will show your potential employer that you're genuinely interested and knowledgeable about the field.

✨Showcase Your Analytical Skills

Since the role requires strong analytical skills, be prepared to discuss specific examples where you've used data to make informed decisions. Think of times when you assessed a portfolio or managed risks, and be ready to explain your thought process clearly.

✨Build Rapport with Interviewers

Remember, this role involves building relationships with stakeholders. During the interview, focus on establishing a connection with your interviewers. Ask them about their experiences in the company and share your enthusiasm for working collaboratively within a team.

✨Prepare Questions About the Role

Have a few thoughtful questions ready to ask at the end of the interview. Inquire about the company's approach to catastrophe management or how they support professional development for ACII qualifications. This shows your interest in the role and helps you gauge if it's the right fit for you.

Assistant Underwriter in London
Avencia Consulting
Location: London

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