At a Glance
- Tasks: Underwrite complex liability risks and develop strong relationships with brokers and clients.
- Company: Join a global insurer with a progressive approach to underwriting.
- Benefits: Competitive salary, career growth opportunities, and a dynamic work environment.
- Other info: Collaborative culture with opportunities for international teamwork and travel.
- Why this job: Be part of an innovative team tackling emerging risks and shaping the future of insurance.
- Qualifications: Experience in liability underwriting or broking, with strong analytical and communication skills.
The predicted salary is between 55000 - 70000 £ per year.
Avencia are partnered with a global insurer who are looking to recruit into an established team writing complex liability risks across emerging industries, new business models, and innovative insurance solutions. They’re looking for someone who enjoys the analytical side of underwriting, keeps close to industry trends, and is interested in assessing risks that don’t always fit neatly into traditional underwriting models. The role combines technical underwriting with a broader commercial focus, including identifying new opportunities, working closely with brokers and clients, and helping shape the direction of the portfolio. It’s a good opportunity for someone who enjoys problem‑solving, working through nuanced risks, and being part of a team taking a more progressive approach to underwriting.
Key responsibilities
- Underwrite and trade complex liability risks in line with underwriting authority, company strategy, and portfolio objectives.
- Develop and maintain strong broker and client relationships, identifying new business, cross‑sell, and portfolio growth opportunities.
- Assess risks across emerging industries, evolving business models, and innovative insurance solutions.
- Work collaboratively with colleagues across underwriting, wordings, and international teams to deliver a high level of service to brokers and clients.
- Manage and deliver customer and broker propositions, including global programme coordination and service level agreements.
- Prepare, review, and approve underwriting documentation and policy wordings where required.
- Monitor market, regulatory, and industry developments to support underwriting decisions and identify emerging opportunities and trends.
- Support wider team initiatives and contribute to internal projects, forums, and collaborative business activities.
- Analyse and identify opportunities within new technologies, products, and developing market segments.
- Maintain a commercial and forward‑thinking approach to underwriting, staying informed on emerging risks and changing market dynamics.
Skills & experience
- Liability underwriting or broking experience.
- CII qualified or equivalent industry experience.
- Strong understanding of underwriting principles, policy construction, and insurance terminology.
- Ability to assess risks, make informed underwriting decisions, and tailor solutions to client needs.
- Commercially minded with strong analytical and problem‑solving skills.
- Strong communication and relationship‑building skills with brokers, clients, and stakeholders.
- Collaborative and team‑oriented approach with the ability to work across international teams.
- Organised, self‑motivated, and able to manage competing priorities effectively.
- Comfortable working in a fast‑paced environment and meeting deadlines.
- Willingness to travel where required.
Senior Underwriter in London employer: Avencia
Avencia is an exceptional employer, offering a dynamic work environment where innovation and collaboration thrive. As part of a global insurer, employees benefit from a culture that encourages professional growth through exposure to complex liability risks and emerging industries. With a focus on analytical problem-solving and strong relationships with brokers and clients, team members are empowered to shape the future of underwriting while enjoying a supportive atmosphere that values their contributions.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Underwriter in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Avencia. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Underwriter in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Avencia.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Avencia's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Avencia
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Avencia.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Avencia will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Avencia employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
