At a Glance
- Tasks: Evaluate and onboard innovative insurance products in a fast-paced environment.
- Company: Dynamic InsurTech MGA revolutionising construction insurance with cutting-edge technology.
- Benefits: Competitive salary, bonuses, flexible hybrid work, and rapid career progression.
- Other info: Enjoy autonomy and continuous learning in a supportive, innovative culture.
- Why this job: Join a forward-thinking team and supercharge your insurance career with real impact.
- Qualifications: 3+ years in Construction underwriting and a data-driven mindset.
The predicted salary is between 40000 - 55000 £ 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 specialise in data-centric risk intelligence and are building something that will revolutionise the construction insurance space.
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.
Responsibilities:- Sourcing, evaluating, and onboarding new insurance opportunities with a focus on technical excellence.
- Support broader business goals by identifying new ways to expand the partnership book.
- Conduct thorough qualitative and quantitative analysis of program profitability and risks.
- Work cross-functionally with operations and product teams to streamline internal workflows.
- Assist in maintaining and refining underwriting manuals and appetite statements.
- Minimum 3+ years of experience in Construction underwriting, ideally within an SME or MGA setting.
- Strong multi-line product knowledge and familiarity with DA oversight.
- Familiarity with building and retaining broker relationships.
- A data-driven approach with high attention to detail regarding pricing and compliance.
- Understanding of why insurance organisations care about loss ratios and the ability to translate that into smart underwriting.
- A track record of testing, learning, and pivoting to help an organisation explore new markets.
- Up to £50K base, a great bonus, and exceptional company benefits.
- Fast-tracked promotion up to Underwriter.
- Truly hybrid working, with heaps of flexibility.
- Genuine autonomy and a company that pushes you to learn and develop your skills.
- Front-line exposure to a fast-paced MGA environment.
Assistant Underwriter in London employer: Broaden
Join a forward-thinking InsurTech MGA that champions innovation and agility in the construction insurance sector. With a commitment to employee growth, you will benefit from a competitive salary, performance bonuses, and a truly hybrid working environment that offers flexibility and autonomy. This is an exceptional opportunity to supercharge your career in a dynamic setting where your expertise will directly influence the future of insurance.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Underwriter in London
✨Tip Number 1
Network like a pro! Reach out to industry professionals on LinkedIn or attend virtual meetups. Building connections can open doors to opportunities that aren’t even advertised.
✨Tip Number 2
Prepare for interviews by researching the company and its products. Show us you’re not just another candidate; demonstrate your understanding of their niche in the construction insurance space.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience aligns with the role. We want to hear how your innovative mindset can contribute to our fast-paced environment.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows us you’re genuinely interested in joining our team.
We think you need these skills to ace Assistant Underwriter in London
Some tips for your application 🫡
Show Your Passion for Innovation:When writing your application, let us see your enthusiasm for innovative thinking in the insurance space. Share examples of how you've approached challenges creatively, especially in construction underwriting or similar fields.
Highlight Your Data-Driven Mindset:We love candidates who can make smart, data-driven decisions. Make sure to include specific instances where you've used data analysis to inform your underwriting choices or improve processes.
Tailor Your Experience to Our Needs:Don’t just list your experience; connect it to what we’re looking for! Emphasise your background in construction underwriting and how it aligns with our goal of developing niche insurance products.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates during the process!
How to prepare for a job interview at Broaden
✨Know Your Numbers
Brush up on your understanding of loss ratios and how they impact underwriting decisions. Be ready to discuss specific examples from your past experience where you used data to make informed decisions.
✨Showcase Your Innovative Mindset
Prepare to share instances where you've contributed to refining risk appetites or developed new insurance products. Highlight your ability to think outside the box and adapt to changing market needs.
✨Familiarise Yourself with InsurTech Trends
Since this role is in a tech-driven environment, make sure you’re up to speed with the latest InsurTech developments. Discuss how technology can enhance underwriting processes and improve efficiency.
✨Build Rapport with Brokers
Be prepared to talk about your experience in building and maintaining broker relationships. Share strategies you've used to foster strong partnerships and how they’ve benefited your previous employers.
