At a Glance
- Tasks: Support underwriters with risk assessment, policy issuance, and renewals.
- Company: Join a dynamic investment-backed insurance MGA leading in the market.
- Benefits: Enjoy a competitive salary, bonus, and hybrid work options with 2 days WFH.
- Why this job: Be part of an entrepreneurial culture with exciting growth opportunities and impactful work.
- Qualifications: 1-3 years of underwriting or insurance experience; strong analytical and communication skills required.
- Other info: Familiarity with transactional liability or contingent risks is a plus.
The predicted salary is between 36000 - 60000 £ per year.
Underwriting Assistant
Retained by an investment backed insurance MGA to source an Underwriting Assistant. The role will support market leading senior directors, supporting them with underwriting transactional liability and contingent risk policies, and developing adjacent new product lines.
Key responsibilities:
- Support underwriters in risk assessment, policy issuance, and renewals;
- Analyse submissions, financials, and due diligence materials
- Prepare quotes, binders, and policies
- Collaborate with brokers, clients, and market intermediaries
Requirements:
- 1-3 years underwriting or insurance experience
- Strong analytical and communication skills
- Familiarity with transactional liability or contingent risks a plus
- Bachelor's degree and relevant exposure to either M&A (or other transactions) or related fields
The client offers a competitive salary, bonus, and benefits. Hybrid role with 2 days WFH. Entrepreneurial culture with exciting growth opportunities.
Underwriting Assistant employer: Aventum Search
Contact Detail:
Aventum Search Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriting Assistant
✨Tip Number 1
Familiarize yourself with the key concepts of underwriting, especially in transactional liability and contingent risks. This knowledge will not only help you understand the role better but also impress the interviewers with your proactive approach.
✨Tip Number 2
Network with professionals in the insurance industry, particularly those who work in underwriting. Attend relevant events or join online forums to connect with potential colleagues and gain insights into the latest trends and challenges in the field.
✨Tip Number 3
Prepare to discuss specific examples from your past experience that demonstrate your analytical skills and ability to collaborate effectively. Highlight any relevant projects or tasks where you supported senior team members or worked with clients.
✨Tip Number 4
Research the company’s culture and values to align your responses during the interview. Show enthusiasm for their entrepreneurial spirit and growth opportunities, as this will resonate well with the hiring team.
We think you need these skills to ace Underwriting Assistant
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Underwriting Assistant position. Understand the key responsibilities and requirements, especially the focus on underwriting transactional liability and contingent risk policies.
Highlight Relevant Experience: In your CV and cover letter, emphasize any underwriting or insurance experience you have, particularly if it relates to transactional liability or contingent risks. Use specific examples to demonstrate your analytical and communication skills.
Tailor Your Application: Customize your application materials to reflect the entrepreneurial culture and growth opportunities mentioned in the job description. Show how your background aligns with the company's values and goals.
Proofread Your Documents: Before submitting your application, carefully proofread your CV and cover letter. Ensure there are no grammatical errors and that your documents are clear and professional. A polished application reflects your attention to detail.
How to prepare for a job interview at Aventum Search
✨Show Your Analytical Skills
Since the role requires strong analytical skills, be prepared to discuss specific examples from your past experience where you successfully analyzed submissions or financials. Highlight any relevant tools or methodologies you used.
✨Understand Transactional Liability
Familiarize yourself with transactional liability and contingent risks before the interview. Being able to discuss these concepts confidently will demonstrate your preparedness and interest in the field.
✨Prepare for Collaboration Questions
The role involves collaboration with brokers and clients. Think of instances where you worked effectively in a team or resolved conflicts, and be ready to share those stories during the interview.
✨Ask Insightful Questions
Prepare thoughtful questions about the company's growth opportunities and the entrepreneurial culture they promote. This shows your genuine interest in the position and helps you assess if it's the right fit for you.