Assistant Underwriter, PRS in London

Assistant Underwriter, PRS in London

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

  • Tasks: Support the HNW underwriting team by managing mid-term adjustments and providing excellent service to brokers.
  • Company: Join Chubb, a leading insurance company known for its ethical values and collaborative culture.
  • Benefits: Enjoy a competitive salary, annual bonus, private medical cover, and generous leave options.
  • Why this job: Kickstart your career in insurance with ongoing training and opportunities for professional growth.
  • Qualifications: A levels or equivalent, strong communication skills, and attention to detail are essential.
  • Other info: Be part of a diverse team that values integrity, respect, and teamwork.

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

As the PRS business continues to grow, the Assistant Underwriter plays a critical role in supporting the HNW underwriting team. This position is responsible for managing a high volume of mid-term adjustments (MTAs) via phone and email, ensuring accurate and efficient service delivery to brokers and clients. Assistant Underwriters work closely with underwriters, receiving ongoing training and coaching to support their professional development and progression toward underwriting roles. While some automation exists through our broker portal, the Assistant Underwriter remains central to handling bespoke HNW portfolio tasks, requiring frequent broker interaction and a strong focus on service excellence.

Key Responsibilities:

  • Assist underwriters in evaluating and processing HNW risks across all business classes (property, valuables, motor).
  • Handle MTAs such as additional property locations, address changes, and vehicle additions, within delegated authority limits (typically £1M–£4M, with specific thresholds for jewellery, fine art, etc.).
  • Ensure all risk information & documentation is complete, accurate & compliant before binding cover.
  • Serve as a primary contact for brokers, providing prompt, professional, and knowledgeable support via telephone (approx. 75% of daily activity), email, and broker portal.
  • Build and maintain strong relationships with HNW brokers to ensure smooth communication and optimal service delivery.
  • Proactively follow up with brokers to obtain outstanding information and progress MTAs.
  • Accurately input and maintain data within the underwriting system.
  • Ensure all activities comply with Chubb policies, underwriting guidelines, FCA regulations, and data protection standards.

Qualifications Skills & Qualifications:

  • Progress towards Chartered Insurance Institute qualifications (CII).
  • Educated to A level standard or equivalent.
  • Excellent interpersonal & communication skills, with the ability to build rapport with brokers & internal teams.
  • Strong attention to detail & accuracy with a desire to provide service of the highest quality.
  • Strong organisational & time management skills; able to handle multiple priorities.
  • A team player with a proactive, solutions focused attitude.
  • Previous experience in an insurance or underwriting support role, ideally within personal lines or HNW.
  • Experience in liaising with brokers.

What we offer in return:

  • Pension and annual bonus scheme.
  • 25 days annual leave plus ability to purchase 5 additional days.
  • Private Medical cover.
  • Employee Share Purchase Plan.
  • Life Assurance.
  • Subsidised gym membership.
  • Comprehensive Learning & development offerings.
  • Employee Assistance program.

Integrity. Client focus. Respect. Excellence. Teamwork.

Our core values dictate how we live and work. We're an ethical and honest company that’s wholly committed to its clients. A business that’s engaged in mutual trust and respect for its employees and partners. A place where colleagues perform at the highest levels. And a working environment that’s collaborative and supportive.

Diversity & Inclusion. At Chubb we consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.

We are committed to ensuring our recruitment process is inclusive and accessible to all. If you have a disability or long-term condition (for example dyslexia, anxiety, autism, a mobility condition or hearing loss) and need us to make any reasonable adjustments, changes or do anything differently during the recruitment process, please let us know in your application or in any future discussions with our recruiters.

Assistant Underwriter, PRS in London employer: Chubb Insurance Hong Kong

Chubb is an exceptional employer that prioritises the professional growth of its employees, offering comprehensive training and development opportunities for those in the Assistant Underwriter role. With a strong focus on service excellence and collaboration, our supportive work culture fosters meaningful relationships with brokers while providing competitive benefits such as a pension scheme, private medical cover, and generous annual leave. Located in a dynamic environment, we are committed to diversity and inclusion, ensuring all employees feel valued and respected.
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Contact Detail:

Chubb Insurance Hong Kong Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Assistant Underwriter, PRS in London

✨Tip Number 1

Network like a pro! Reach out to people in the industry, especially those already working as underwriters or in insurance. A friendly chat can lead to insider info about job openings and even referrals.

✨Tip Number 2

Practice your phone skills! Since a big part of the Assistant Underwriter role involves communicating with brokers, get comfortable chatting on the phone. Role-play with friends or family to boost your confidence.

✨Tip Number 3

Show off your attention to detail! During interviews, share examples of how you've managed complex tasks or handled multiple priorities. This will highlight your organisational skills, which are key for this role.

✨Tip Number 4

Apply through our website! It’s the best way to ensure your application gets noticed. Plus, you’ll find all the latest roles and updates directly from us, making it easier to stay in the loop.

We think you need these skills to ace Assistant Underwriter, PRS in London

Interpersonal Skills
Communication Skills
Attention to Detail
Organisational Skills
Time Management
Problem-Solving Skills
Customer Service Skills
Data Management
Knowledge of Insurance Underwriting
Broker Liaison Experience
Proactive Attitude
Teamwork
Chartered Insurance Institute Qualifications (CII) Progression
Service Excellence Focus

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter for the Assistant Underwriter role. Highlight your relevant experience in insurance or underwriting support, especially with HNW clients, to show us you’re the perfect fit!

Show Off Your Communication Skills: Since this role involves a lot of interaction with brokers, emphasise your excellent interpersonal skills. Share examples of how you've built strong relationships in previous roles to demonstrate your ability to connect with others.

Attention to Detail is Key: We love candidates who pay attention to detail! Make sure your application is free from errors and clearly outlines your organisational skills. This will show us that you can handle the accuracy required in managing MTAs.

Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. We can’t wait to see what you bring to the table!

How to prepare for a job interview at Chubb Insurance Hong Kong

✨Know Your Stuff

Make sure you understand the basics of underwriting and the specific responsibilities of an Assistant Underwriter. Brush up on terms like mid-term adjustments (MTAs) and high-net-worth (HNW) risks, as this will show your enthusiasm and readiness for the role.

✨Practice Your Communication Skills

Since you'll be interacting with brokers a lot, practice clear and professional communication. Role-play common scenarios with a friend or family member to get comfortable with handling inquiries and providing information confidently.

✨Showcase Your Attention to Detail

Prepare examples from your past experiences where your attention to detail made a difference. Whether it was catching an error in documentation or ensuring compliance with regulations, these stories will highlight your suitability for the role.

✨Ask Insightful Questions

At the end of the interview, have a few thoughtful questions ready about the team dynamics, training opportunities, or how success is measured in the role. This shows your genuine interest in the position and helps you assess if it's the right fit for you.

Assistant Underwriter, PRS in London
Chubb Insurance Hong Kong
Location: London
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