Assistant Underwriter, PRS
Assistant Underwriter, PRS

Assistant Underwriter, PRS

Full-Time 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 hands-on 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.

Administration & Data Management

  • 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 focussed 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 employer: Chubblifefund

Chubb is an exceptional employer that prioritises employee growth and development, particularly for the Assistant Underwriter role. With a strong focus on service excellence and collaboration, employees benefit from comprehensive training, a supportive work culture, and a range of attractive benefits including a pension scheme, private medical cover, and opportunities for professional advancement. Located in a dynamic environment, Chubb fosters diversity and inclusion, ensuring all employees are treated with respect and fairness, making it a rewarding place to build a career.
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Contact Detail:

Chubblifefund Recruiting Team

StudySmarter Expert Advice 🤫

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

✨Tip Number 1

Get to know the company inside out! Research Chubb's values and recent news. When you chat with them, drop in some insights about their latest projects or initiatives. It shows you're genuinely interested and not just another candidate.

✨Tip Number 2

Practice your phone skills! Since a big part of the role involves talking to brokers, grab a mate and do some mock calls. Focus on being clear, professional, and friendly. This will help you feel more confident when it’s time for the real deal.

✨Tip Number 3

Network like a pro! Connect with current employees on LinkedIn or attend industry events. Building relationships can give you insider info and might even lead to a referral. Plus, it shows you’re proactive and keen to be part of the team.

✨Tip Number 4

Don’t forget to follow up after interviews! A quick thank-you email can go a long way. Mention something specific from your conversation to remind them of your chat. It keeps you fresh in their minds and shows your enthusiasm for the role.

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

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

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Assistant Underwriter role. Highlight any previous experience in insurance or underwriting support, especially if it involves liaising with brokers.

Craft a Compelling Cover Letter: Use your cover letter to showcase your passion for the industry and how you embody our core values like integrity and teamwork. Mention specific examples of how you've provided excellent service in past roles.

Showcase Your Communication Skills: Since this role involves a lot of interaction with brokers, emphasise your interpersonal skills in your application. Share instances where you've built strong relationships or resolved issues effectively.

Apply Through Our Website: We encourage you to apply directly through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates!

How to prepare for a job interview at Chubblifefund

✨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. This will show that you're not just interested in the role, but that you’re ready to hit the ground running.

✨Practice Your Communication Skills

Since you'll be interacting with brokers a lot, practice how you communicate over the phone and via email. Role-play common scenarios with a friend or family member to get comfortable with providing clear and professional responses. Remember, strong interpersonal skills are key!

✨Showcase Your Attention to Detail

During the interview, highlight 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, demonstrating this skill is crucial for the role.

✨Ask Insightful Questions

Prepare some thoughtful questions about the company culture, team dynamics, and opportunities for professional development. This not only shows your interest in the role but also helps you gauge if the company aligns with your values and career goals.

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