At a Glance
- Tasks: Join a dynamic team and learn all aspects of underwriting across various sectors.
- Company: A leading speciality insurance company with a rich history and modern culture.
- Benefits: Gain invaluable experience, mentorship, and a supportive work environment.
- Other info: Diverse and inclusive workplace with opportunities for networking and growth.
- Why this job: Kickstart your career in insurance with a two-year rotational programme and real-world impact.
- Qualifications: Degree educated with strong communication and analytical skills.
The predicted salary is between 25000 - 32000 £ per year.
We are currently searching for ambitious graduates to join a leading speciality insurance & reinsurance company in their London office. This is an international organisation with over 175 years of heritage. Although they have an incredible amount of history, they are a very modern, innovative and passionate company with a very supportive and diverse culture.
We are looking for graduates to join our Underwriting team on a two-year rotational program. The successful candidate will be immersed in all parts of six underwriting teams (Property, Financial Lines, Specialty, General Liability, Marine and Energy and Reinsurance) and will gain the skills, knowledge and behaviours needed to be a successful underwriter.
- Learn technical aspects of pricing and insurance terms and conditions
- Assist in the day to day running of the portfolio
- Complete pricing sheets
- Prepare and report for peer review
- Complete contract certainty checklists on all applicable risks
- Prepare and support underwriters in broker and client meetings
- Network with peers in the Lloyd’s market
- Keep informed of market and industry developments
- Support the running of the underwriting cycle by completing ad hoc administrative tasks
- Manage ad hoc reporting requirements
Requirements:
- Degree educated
- Driven to build a career in insurance and reinsurance
- Excellent communication skills
- Good analytical skills
Graduate Underwriter in London employer: Citygrad
Join a leading speciality insurance and reinsurance company in London, where innovation meets a rich heritage of over 175 years. Our supportive and diverse culture fosters employee growth through a comprehensive two-year rotational programme, allowing graduates to gain invaluable experience across multiple underwriting teams. With a commitment to modern practices and continuous learning, we offer a dynamic environment that empowers you to thrive in your career.
StudySmarter Expert Advice🤫
We think this is how you could land Graduate Underwriter 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 Citygrad, 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 Citygrad. A personal touch always helps in making a memorable impression!
✨Apply Through Our Website & Make It Personal
Don’t just hit 'apply' on the Citygrad 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 Graduate Underwriter 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 Citygrad!
Tailor Your Cover Letter to the Role:Your cover letter should reflect your enthusiasm for the trainee position at Citygrad. 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 Citygrad
✨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 Citygrad. 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!
