Assistant Underwriter in Manchester

Assistant Underwriter in Manchester

Manchester Full-Time 60000 - 70089 £ / year (est.) No working from home possible
Endurance Business Services

At a Glance

  • Tasks: Support underwriters in the Management Liability and D&O Insurance underwriting process.
  • Company: Join Sompo, a global leader in insurance with a collaborative culture.
  • Benefits: Competitive pay, health benefits, tuition reimbursement, and professional development opportunities.
  • Other info: Flexible work environment with excellent growth potential and a focus on diversity.
  • Why this job: Make a real impact in a dynamic team while developing your career in insurance.
  • Qualifications: 1-2 years of relevant underwriting experience and strong analytical skills.

The predicted salary is between 60000 - 70089 £ per year.

Are you looking for your next opportunity? Sompo has a unique opportunity for an Assistant Underwriter in our UK Regions Financial Lines business underwriting Management Liability and Directors and Officers Insurance. Our Financial Lines team write a broad spectrum of risks from SME through Mid-Market and Large Account in the UK and internationally. Sompo has an established book of Management Liability and D&O business in London, and the current UK team based in Manchester and Birmingham have been building a developing book of business and product portfolio since early 2025. This opportunity sits within the UK Regions segment of our business.

Location: This position will be based out of our Manchester office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long-lasting careers.

What you’ll be doing:

  • Support underwriters from submission of a risk through to binding through all aspects of the underwriting process.
  • Respond to general mid-term questions from brokers and/or internal stakeholders in a timely and professional manner, delivering a first-class service and within authority parameters.
  • Interact with brokers and other external parties including third party business providers, including the maintenance and development of good working relationships.
  • Contribute towards underwriting services projects relating to the improvement of existing services.
  • Maintain timely and accurate risk, exposure and premium accounting in the company’s policy administration and documentation management systems.
  • Provide ad-hoc support to underwriting teams as required.
  • Prepare financial and other types of analysis to support the underwriting team.
  • Work with our major broking partners on volume deals, panel placements and portfolio underwriting.

What you’ll bring:

  • Minimum of 1-2 years Management Liability / D&O Insurance Underwriting experience.
  • Strong interpersonal and communication skills - articulate and influential.
  • Able to work independently under their own initiative and as part of a close-knit team.
  • Highly analytical with excellent logic and critical thinking skills.
  • Strong attention to detail with the ability to organize efficiently.
  • Strong work ethic with an ability to operate effectively under pressure.
  • Flexible approach and ability to recognize and adapt to changing business requirements.
  • Strong numeracy and communication skills (both verbal and written).
  • Proficient in the use of MS Office (Excel, Word, PowerPoint and Outlook).
  • Confident and self-driven and enjoy working to deadlines and targets.

At Sompo, we recognise that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees. Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.

We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. Below is a summary of some of the benefits we offer, which may vary depending on the country:

  • Health & Wellness Benefits
  • Retirement & Savings Plans
  • Global Parental Leave & Adoption Assistance
  • Employee Assistance Program
  • Tuition Reimbursement & Professional Qualification benefits

Who we are and what we stand for:

At Sompo, our shared purpose is to create meaningful value for clients, communities, and each other. We strive to foster a workplace where everyone feels respected, included, and empowered to excel. As a global organization, we embrace diversity and champion equal opportunity. Guided by our core values—Accountability, Agility, Collaboration, Development, and Integrity—we build trust and support one another to achieve our goals worldwide.

Our values come to life in how we hire and grow talent. Employment decisions are based on qualifications, merit, and organizational need, and we strive to ensure equitable access to opportunities so everyone can do their best work. If you need an accommodation for any part of the application process, please contact the recruiter in charge.

Assistant Underwriter in Manchester employer: Endurance Business Services

Sompo is an exceptional employer, offering a collaborative work environment in our London office where employees can thrive and build long-lasting careers. We prioritise employee growth through competitive compensation, comprehensive benefits, and a culture that values diversity and inclusion, ensuring that every team member feels respected and empowered to excel. Join us to make a meaningful impact while enjoying opportunities for professional development and a supportive workplace culture.

Endurance Business Services

Contact Details:

Endurance Business Services Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Assistant Underwriter in Manchester

Dive Into Industry Networking Events

Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

Use LinkedIn to Your Advantage

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Look Out for Graduate Schemes

Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.

Leverage Your Current Connections

Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Endurance Business Services. Don’t shy away from asking for a coffee chat; you never know what doors it might open!

We think you need these skills to ace Assistant Underwriter in Manchester

Communication Skills
Problem-Solving Skills
Attention to Detail
Time Management
Organizational Skills
Adaptability
Compassion

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Endurance Business Services.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Endurance Business Services. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at Endurance Business Services

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Endurance Business Services to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

Prepare for Behavioural Questions

As a full-timer at Endurance Business Services, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

Know the Company Culture Inside Out

Understanding Endurance Business Services's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.