At a Glance
- Tasks: Evaluate and onboard niche insurance products while utilising cutting-edge technology.
- Company: Fast-growing InsurTech MGA revolutionising the construction insurance space.
- Benefits: Competitive salary, bonuses, exceptional benefits, and fast-tracked promotions.
- Other info: Flexible hybrid working with opportunities for rapid career growth.
- Why this job: Supercharge your insurance career in a dynamic, innovative environment.
- Qualifications: Data-driven mindset with attention to detail and strong analytical skills.
The predicted salary is between 45000 - 60000 £ per year.
Our client is a modern, technology-enabled insurance MGA looking for an innovative thinker to help develop niche insurance products that meet the changing needs of partners. They work at 100mph and are seeking someone who wants to supercharge their insurance career.
Our client specialises in data-centric risk intelligence and is building something that will revolutionise the construction insurance space. We need an underwriter who thrives in an environment where underwriting expertise meets operational agility, and where their intelligence and expertise will be properly put to use.
Reporting directly to our Underwriting Lead, you will oversee the evaluation and onboarding of specialty insurance programs. We want an innovative mindset that can help refine our risk appetite and support our commercial expansion.
You will utilise the latest technology to work efficiently and make smarter, data-driven decisions across our portfolio:
- Sourcing, evaluating, and onboarding new insurance opportunities with a focus on technical excellence.
- Conduct thorough qualitative and quantitative analysis of program profitability and risks.
- Assist in maintaining and refining underwriting manuals and appetite statements.
- Familiarity with building and retaining broker relationships.
- A data-driven approach with high attention to detail regarding pricing and compliance.
- Understanding why insurance organisations care about loss ratios and translating that into smart underwriting.
- A track record of testing, learning, and pivoting to help an organisation explore new markets.
Up to £55K base salary, a great bonus, and exceptional company benefits. Fast-tracked promotion up to Underwriter. Truly hybrid working, with heaps of flexibility.
Trainee Assistant Commercial Underwriter in City of London employer: Broaden
Broaden is an exceptional employer that champions innovation and transformation within the insurance sector. With a strong focus on employee growth, we offer a collaborative work culture that empowers our team to drive meaningful change while enjoying the flexibility of remote work across the UK. Join us to be part of a dynamic environment where your contributions directly impact our success and the future of the industry.
StudySmarter Expert Advice🤫
We think this is how you could land Trainee Assistant Commercial Underwriter in City of London
✨Get Clued Up on Insurance Events
Join local insurance events or workshops to network and soak in knowledge about the industry. It's a great way to meet potential employers, like Broaden, and show off your enthusiasm for the field. Plus, you’ll gain insights that'll make you stand out during your interviews!
✨Tap into Your University’s Resources
Many universities offer career services specifically tailored for students looking for trainee roles in insurance. Make sure to utilise these—they can connect you with alumni in the industry or help you snag those hidden opportunities that aren't advertised widely!
✨Showcase Your Knowledge
Start a blog or social media account where you can share insights about current trends in insurance. This demonstrates your passion and keeps you in the minds of recruiters at places like Broaden. A personal touch always helps in making a memorable impression!
✨Apply Through Our Website & Make It Personal
Don’t just hit 'apply' on the Broaden website. Tailor your application to highlight your interest in the insurance sector and showcase any relevant projects or experiences. A few personal touches can go a long way in landing that trainee spot!
We think you need these skills to ace Trainee Assistant Commercial Underwriter in City of London
Some tips for your application 🫡
Highlight Your Analytical Skills:In the insurance industry, analytical skills are a must. Make sure to showcase any relevant coursework or projects where you've solved complex problems or worked with data. This can really set you apart, especially in your CV or cover letter!
Show Your Interest in the Sector:For a trainee role, it’s super important to demonstrate your genuine interest in insurance. Talk about any internships, part-time jobs, or relevant studies that have sparked your passion for this field. We want to see that you're eager to learn and grow with us at Broaden!
Tailor Your Cover Letter to the Role:Your cover letter should reflect your enthusiasm for the trainee position at Broaden. Use it to explain why you're excited about a career in insurance and what you hope to learn during your time with us. Make it personal and engaging—it’ll catch our eye for sure!
Include Relevant Certifications or Courses:Even as a trainee, any extra certifications or courses related to insurance can really boost your application. Whether it's online courses or workshops, throw them in your CV to show us that you’re proactive about your professional development. It’ll demonstrate your commitment to stepping into this industry with enthusiasm!
How to prepare for a job interview at Broaden
✨Understand the Basics of Insurance
Since you're interviewing for a trainee role in insurance, it’s vital to brush up on the key concepts in the industry. Familiarise yourself with terms like underwriting, risk assessment, and claims processing. It shows your genuine interest and helps you answer those technical questions more confidently.
✨Prepare for Scenario-based Questions
Expect scenario-based questions during your interview! They might dive into how you would handle specific insurance situations or customer complaints. Think about examples from your studies or past experiences where you demonstrated problem-solving and customer service skills. They're looking for how you approach issues in a practical setting.
✨Focus on Your Learning Potential
As a trainee, your eagerness to learn is key. Be ready to discuss what excites you about the insurance field and how you plan to grow within the role at Broaden. Highlighting your adaptability and willingness to learn will make a great impression.
✨Show Your People Skills
Insurance is all about building relationships, whether it's with clients or colleagues. Prepare to share experiences where you’ve effectively communicated or worked as part of a team. Remember, your soft skills are just as important as your technical knowledge in this industry!
