At a Glance
- Tasks: Support underwriting processes and manage diverse insurance portfolios with experienced professionals.
- Company: Reputable Lloyd's insurer known for its collaborative and dynamic work environment.
- Benefits: Hybrid working, career development opportunities, and exposure to various insurance sectors.
- Other info: Join a small team and take on greater responsibilities as you develop your skills.
- Why this job: Kickstart your underwriting career with hands-on experience in a supportive team.
- Qualifications: Experience in the insurance sector, strong analytical skills, and a desire to grow.
The predicted salary is between 58540 - 71548 £ per year.
I'm working with a highly regarded Lloyd's insurer that is looking to add an Assistant Underwriter to its Portfolio Solutions team. This is a particularly interesting opportunity for somebody in the earlier stages of their underwriting career who wants exposure beyond a traditional single-class underwriting role.
The team operates across Delegated Authority, Treaty and portfolio management, supporting a diverse portfolio of business written through broker facilities, Lloyd's consortia, MGAs and reinsurance arrangements, with exposure across Property, Casualty, Specialty and multi-line risks.
Working closely with experienced Underwriters, you'll support across:
- New and renewal underwriting
- Delegated Authority and Treaty business
- Portfolio performance management and reporting
- Reviewing and maintaining underwriting information
- Broker and client interaction
- Internal liaison with Claims, Credit Control, Underwriting Risk and other teams
- Identifying and supporting new business opportunities
- The broader administration and management of the portfolio
The business is looking for somebody who has already gained some experience within the London Market or wider insurance/reinsurance sector, ideally within underwriting or a closely related technical role. Experience within Delegated Authority, Treaty or portfolio underwriting would be advantageous, but equally important will be strong analytical ability, attention to detail, commercial awareness and a genuine desire to develop as an Underwriter.
You'll be joining a small and collaborative team where you'll gain exposure to both the underwriting and portfolio management sides of the business, with plenty of opportunity to take on greater responsibility as you develop.
Hybrid working London
Assistant Underwriter (Portfolio Solutions) employer: Bruin
Join a well-established consultancy that prioritises flexibility and career growth, making it an excellent employer for a Data Pension Migration Analyst. With remote working options and a supportive work culture, you will have the opportunity to develop your skills while contributing to meaningful projects in the pensions sector. The company fosters a collaborative environment where mentoring junior analysts is encouraged, ensuring that every team member can thrive and advance in their career.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Underwriter (Portfolio Solutions)
✨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 Bruin). 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 Bruin. 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 Assistant Underwriter (Portfolio Solutions)
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 Bruin.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Bruin. 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 Bruin
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Bruin 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 Bruin, 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 Bruin'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.
