At a Glance
- Tasks: Support the Professions team in underwriting and building broker relationships.
- Company: Join a dynamic insurance company that values passion and innovation.
- Benefits: Gain valuable experience, develop skills, and enjoy a fun work environment.
- Other info: Collaborative culture where questioning norms and having fun is encouraged.
- Why this job: Kickstart your career in insurance with hands-on experience and growth opportunities.
- Qualifications: Motivated individuals with strong analytical skills and a proactive attitude.
The predicted salary is between 30000 - 40000 £ per year.
As an Assistant Underwriter, you’ll learn to develop and underwrite profitable business within CFC’s Professions team. You’ll support the team across a variety of areas, including underwriting renewal accounts, building and maintaining broker relationships, supporting new business development and responding to queries from other product line underwriters.
With support from the team, you will consider Professions insurance needs from a holistic perspective by writing multiple classes of insurance; Professional Indemnity (E&O), Commercial Combined, Property and Cyber alongside contributing to wider team projects.
- Respond to enquiries and renewal submissions from brokers in a timely and professional manner, delivering a first-class service to produce quotations within agreed SLAs and authority parameters.
- Explain the features, advantages and benefits of Professions insurance products and coverage enhancements, support product launches and raise awareness of new and existing products.
- Assist with the preparation and delivery of internal and external presentations on CFC products, key trends, and emerging exposures.
- Conduct research to develop subject matter expertise and investigate relevant legislation/regulation/compliance issues affecting our target territories and markets.
- Support and contribute to team projects (e.g. enhancements to product offering, launch of new products, systems, policies, and processes etc.).
- Contribute effectively to team performance standards.
- Maintain and update the renewal and prospect list in a timely manner.
- Support the team in marketing our Professions capabilities through existing contacts and new relationships, and over time, attending ad-hoc business trips as required.
- Assist the team with the production of reports and statistics to support the monitoring of team performance.
- General ad-hoc and administrative duties as directed by the professions team leader and other colleagues.
We’re looking for motivated, proactive individuals with a strong work ethic who enjoy working in a fast‑paced environment and contributing to a high‑performing team. In this role, you’ll have the opportunity to further develop your technical underwriting expertise alongside your business development skills. We would particularly welcome applications from those with broking experience, or from underwriting assistants / assistant underwriters who are ready to take the next step in their career.
Previous experience within Professional Indemnity or related professions business would be advantageous, along with the ability to build and maintain strong, long‑term relationships with brokers and colleagues across the organisation. You’ll bring strong analytical skills and a high level of attention to detail, while also being comfortable making timely, well‑reasoned decisions. You’ll enjoy working at pace, whilst building meaningful relationships with both internal and external stakeholders to support our continued growth.
Core Values
- Love what you do: We show up each day ready to take on the world. Our passion and intensity set us apart and makes the difference to our colleagues, customers, brokers and carriers.
- Challenge everything: We’re never afraid to question the way that things are done and we constantly challenge ourselves and others to makes things better.
- Have fun, be good: Insurance is a serious business, but we don’t take ourselves too seriously. We make it fun to work at CFC, we welcome all viewpoints, and we treat everyone how we would expect to be treated.
Assistant Underwriter - Professions in London employer: CFC
CFC is an exceptional employer that fosters a dynamic and supportive work environment for Assistant Underwriters. With a strong emphasis on employee growth, you will have the opportunity to enhance your technical underwriting skills while building valuable relationships within the industry. Our vibrant culture encourages innovation and collaboration, making it a rewarding place to develop your career in the heart of the insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Underwriter - Professions in 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 CFC, 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 CFC. A personal touch always helps in making a memorable impression!
✨Apply Through Our Website & Make It Personal
Don’t just hit 'apply' on the CFC 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 Assistant Underwriter - Professions in 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 CFC!
Tailor Your Cover Letter to the Role:Your cover letter should reflect your enthusiasm for the trainee position at CFC. 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 CFC
✨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 CFC. 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!
