Trainee Underwriter, Insurance in City of London

Trainee Underwriter, Insurance – Convex Insurance

Location: London, UK

Compensation: £35,000 / year

Application Deadline: 6 January 2026

Department: Graduate & School Leaver Programme

Convex is looking for a graduate to join our Insurance Underwriting team who would love to help build the insurance portfolio of the future.

Given the rapidly developing landscape, the successful candidate is expected to participate in a wide range of tasks within the team and across the business. This role will include working closely with other teams within Convex such as Claims, Analytics (actuarial, pricing, etc.), Operations, Legal and Compliance. Underwriters are responsible for risk evaluation, pricing and acceptance in building and managing a portfolio of insurance risks.

Key Tasks

• Preparing for and supporting Underwriters in broker meetings and negotiations.
• Learning the technical aspects of pricing and insurance terms and conditions alongside and within the Underwriting team.
• Understanding market and competitor dynamics.
• Preparing and analysing management information and reporting relating to specific risks and portfolios of risk. This may include verbal and formal presentations to Underwriters and Underwriting Managers.
• Liaison with operations on data entry and checking.
• Housekeeping, portfolio monitoring, renewal diary management and other administrative tasks.

Skills, Knowledge & Expertise

• Critical thinking and problem-solving – evaluating evidence and making sound judgments.
• Communication skills – clear and professional writing, presentation, and teamwork communication.
• Collaboration and teamwork – contributing effectively to group objectives.
• Leadership and initiative – taking responsibility and motivating others.
• Adaptability and resilience – thriving in dynamic or challenging environments.
• Digital literacy – using digital tools, data, and platforms effectively and ethically.
• Time management and organisation – balancing multiple priorities efficiently.
• Fluency in French, Italian and/or Spanish (spoken and written) is desirable for certain Lines Of Business.

Benefits

• Annual Performance Bonus
• 30 days Annual Leave
• 3 days of Volunteer Leave each year
• Birthday Leave
• £1,300 to spend on learning & wellbeing
• 10% Employer Pension Contribution
• Private Health Insurance Medical & Dental Cover
• Full Support for Professional Qualifications (IFoA, CII, CFA, etc.)