Underwriter - Transportation in London
Underwriter - Transportation

Underwriter - Transportation in London

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Support senior underwriters and manage a diverse portfolio with precision.
  • Company: Join a dynamic underwriting team in the transportation sector.
  • Benefits: Career growth, mentorship opportunities, and a collaborative work environment.
  • Why this job: Make a real impact while developing your underwriting expertise.
  • Qualifications: Experience in underwriting and strong analytical skills required.
  • Other info: Opportunity for business travel and networking at industry events.

The predicted salary is between 36000 - 60000 £ per year.

Join our dynamic underwriting team, where you will play a key role in supporting senior underwriters and contributing to the delivery of our Class Business Plan. This role offers the opportunity to develop your technical underwriting expertise, help mentor junior team members, and build strong relationships with brokers and clients. You will handle a varied portfolio, write and review business with discipline and precision, and ensure our underwriting standards and regulatory commitments are consistently upheld. If you are looking to grow your career in a fast-paced, collaborative environment, this is an excellent opportunity to make a real impact.

  • To support the senior Underwriters in achieving Class Business Plan;
  • To support the training of Underwriting Assistants and Assistant Underwriters;
  • To write business in accordance with the business plan and underwriting guidelines;
  • Underwriting contracts of insurance according to Underwriting Guidelines, appetite and authorities;
  • Ensuring all risks are recorded in accordance with procedures;
  • To Peer Review risks of other Underwriters;
  • Ensuring that maintenance of the records are carried out in accordance with procedures;
  • Review new business enquiries and look to secure new orders through a selective and disciplined underwriting approach, in accordance with pricing and underwriting frameworks;
  • Ensure renewal accounts are retained, with pricing and coverage amendments implemented in line with underwriting guidelines;
  • To provide information and assistance to ensure all staff can carry out their responsibilities;
  • To ensure wordings on risks written are appropriate, reviewed and developed where appropriate;
  • To act in accordance with all regulatory standards and principles at all times;
  • To assist with credit control on the accounts written within the underwriting team;
  • To be aware of all matters relating to the underwriting team and report on this when required by the business;
  • To be available for business travel, where possible, whether that be market conferences or client visits;
  • To uphold a consistent and efficient level of service to brokers and clients.

Qualifications

  • London transportation market knowledge;
  • US Transportation market and Lloyds standard wordings knowledge;
  • Underwriting experience of the Class of Business;
  • Good analytical skills with attention to detail;
  • Good communication skills;
  • ACII qualification or working towards the qualification preferred.

Underwriter - Transportation in London employer: Berkley

Join our esteemed underwriting team in London, where we foster a collaborative and inclusive work culture that prioritises employee growth and development. With opportunities to mentor junior colleagues and engage with a diverse portfolio, you will not only enhance your technical skills but also make a significant impact on our business objectives. Our commitment to maintaining high underwriting standards and regulatory compliance ensures a rewarding and meaningful career path for all team members.
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Contact Detail:

Berkley Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Underwriter - Transportation in London

✨Tip Number 1

Network like a pro! Reach out to people in the transportation underwriting field on LinkedIn or at industry events. Building relationships can open doors that job applications alone can't.

✨Tip Number 2

Prepare for interviews by brushing up on your technical knowledge and understanding of the London transportation market. We want you to showcase your expertise and how it aligns with our Class Business Plan.

✨Tip Number 3

Practice your communication skills! Being able to articulate your thoughts clearly is crucial, especially when discussing underwriting standards and regulatory commitments. We love candidates who can express themselves well.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we’re always on the lookout for passionate individuals ready to make an impact.

We think you need these skills to ace Underwriter - Transportation in London

Underwriting Expertise
London Transportation Market Knowledge
US Transportation Market Knowledge
Lloyds Standard Wordings Knowledge
Analytical Skills
Attention to Detail
Communication Skills
Mentoring Skills
Portfolio Management
Regulatory Compliance
Risk Assessment
Business Writing
Credit Control
ACII Qualification or Progression Towards It

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Underwriter role. Highlight your experience in the transportation market and any relevant qualifications, like ACII. We want to see how your skills align with our needs!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about underwriting and how you can contribute to our team. Be sure to mention your experience with brokers and clients.

Showcase Your Analytical Skills: Since attention to detail is key in underwriting, make sure to highlight any experiences where you've demonstrated strong analytical skills. We love seeing how you approach problem-solving!

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!

How to prepare for a job interview at Berkley

✨Know Your Underwriting Basics

Make sure you brush up on your underwriting knowledge, especially in the transportation sector. Familiarise yourself with Lloyds standard wordings and any specific regulations that might come up during the interview. This will show that you're not just interested in the role but also understand the nuances of the industry.

✨Showcase Your Analytical Skills

Prepare to discuss examples where you've demonstrated strong analytical skills and attention to detail. Think of specific instances where your analysis led to successful outcomes in underwriting or risk assessment. This will help you stand out as a candidate who can handle the varied portfolio mentioned in the job description.

✨Emphasise Team Collaboration

Since this role involves supporting senior underwriters and mentoring junior team members, be ready to talk about your experience working in teams. Share examples of how you've contributed to a collaborative environment and helped others grow, which aligns perfectly with the responsibilities outlined.

✨Prepare Questions for Them

Interviews are a two-way street, so think of insightful questions to ask about the company culture, the team dynamics, and their approach to underwriting. This not only shows your interest in the role but also helps you gauge if it's the right fit for you. Plus, it gives you a chance to demonstrate your enthusiasm for making a real impact!

Underwriter - Transportation in London
Berkley
Location: London
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  • Underwriter - Transportation in London

    London
    Full-Time
    36000 - 60000 £ / year (est.)
  • B

    Berkley

    50-100
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