At a Glance
- Tasks: Support underwriting of specialty risks and collaborate with various teams.
- Company: Global insurer with a dynamic London team.
- Benefits: Direct exposure to leadership, clear progression, and a collaborative environment.
- Other info: Opportunity to build relationships and stay updated on market trends.
- Why this job: Gain broad experience in a non-siloed setting while tackling complex risks.
- Qualifications: 3-7+ years in underwriting or broking with strong analytical skills.
The predicted salary is between 60000 - 80000 £ per year.
We're partnered with a global insurer looking to hire an Underwriter into their London team. This is a unique opportunity to work closely with senior underwriting leadership, supporting the development and execution of a diverse (re)insurance portfolio across multiple specialty classes. Unlike more traditional roles, this position offers broad exposure across the business, working alongside underwriting, pricing, exposure management and claims teams, with visibility on how deals are structured and how portfolio strategy is shaped.
The Role
- Support the underwriting of specialty risks, including analysis and evaluation of submissions
- Assist in structuring deals, reviewing exposures and contributing to coverage decisions
- Work closely with internal teams including pricing, exposure management, claims and reserving
- Build and maintain strong relationships with brokers and key stakeholders
- Prepare presentations and materials for senior underwriting leadership
- Ensure accuracy and integrity of underwriting data across systems
- Stay up to date with market trends, regulatory developments and class-specific insights
Skills & Experience
- 3-7+ years' experience within the London Market, in underwriting or broking
- Exposure to specialty lines such as marine, energy, aviation, cyber, political risk or reinsurance
- Strong commercial awareness and an interest in broader portfolio-level underwriting
- Analytical mindset, with confidence working with data and interpreting risk
- A proactive, curious individual who enjoys working across teams and building relationships
Why Apply?
- Direct exposure to senior underwriting leadership and decision‑making
- Broad, cross‑class experience in a non‑siloed environment
- Opportunity to work on more complex and strategic risks
- Clear long‑term progression as the business continues to grow
- Collaborative and entrepreneurial team environment
Underwriter in London employer: Avencia
Join a dynamic global insurer in London, where you'll thrive in a collaborative and entrepreneurial environment that fosters professional growth. As an Underwriter, you'll gain direct exposure to senior leadership and work on complex, strategic risks across various specialty classes, ensuring a rewarding career path in a non-siloed setting. With a strong emphasis on teamwork and relationship-building, this role offers a unique opportunity to shape portfolio strategies while staying at the forefront of market trends.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Avencia). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Avencia. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Underwriter in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Avencia.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Avencia. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Avencia
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Avencia to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Avencia, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Avencia's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
