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- Tasks: Support brokers, manage business processes, and gain expertise in underwriting.
- Company: Fast-growing MGA focused on development and growth.
- Benefits: Salary up to £35,000, hybrid working, and support for industry qualifications.
- Why this job: Establish a new role and explore various lines of business for future specialisation.
- Qualifications: 2 years of experience in Commercial Insurance; MGA experience preferred.
- Other info: Dynamic environment with opportunities for career advancement and continuous learning.
Job Description
Assistant Underwriter\\nCentral London – Hybrid Working (3 days in the office per week)\\nSalary – up to £35,000 DoE\\n\\nThe Opportunity:\\n\\nWe are excited to be working with a fast growing MGA who value development and growth.\\n\\nYou would be establishing a completely new role in the business, operating across multiple departments and gaining exposure to different lines of business which will give you a strong idea of where you may want to specialise in future. Your development is central to the organisation and they will work towards you getting authority.\\n\\nResponsibilities\\n\\nDeliver outstanding support to brokers, ensuring they receive accurate and timely assistance.\\nGradually gain expertise in underwriting guidelines and strategies, applying them as you expand your authority within the role.\\nReview financial statements, enter data, calculate important ratios, and evaluate the financial stability of clients.\\nManage the processing of new and renewal business in line with your authorized limits and company standards.\\nSupport underwriters in various tasks, helping streamline processes and ensuring documentation is accurate and complete. Build and nurture strong relationships with both current and prospective brokers to drive business growth.\\nContinuously engage in learning related to underwriting, compliance, and procedures, ensuring you stay current with industry changes and standards.\\nMeet individual Key Performance Indicators (KPIs) while contributing to team goals and overall success.Person Specification\\n\\n2 years of Insurance Experience within Commercial Insurance\\nMGA Experience preferred but not essential\\nCompetitive Discretionary bonus.\\nLife cover and health plan\\nBenefits\\n\\nSalary up to £35,000 dependant on experience\\nMGA Experience preferred but not essential\\nSupport for Industry qualifications\\nHybrid working optionsTo Apply:\\nIf you are an Assistant Underwriter or Insurance Professional keen to make your next step, apply here for immediate consideration.\\n\\nBy sending an application or applying for a job, you consent to your personal data being processed and stored by Get Recruited (UK) Ltd in accordance with our Cookie & Privacy Policy (available in the footer on our website).
Get Recruited (UK) Ltd acts as an employment agency for permanent recruitment and as an employment business for the supply of temporary workers. We are an equal opportunities employer and we never charge candidates a fee for our services
Contact Detail:
Get-Recruited (UK) Ltd Recruiting Team
We think you need these skills to ace Assistant Underwriter
How to prepare for a job interview at Get-Recruited (UK) Ltd
✨Know Your Underwriting Basics
Before the interview, brush up on your understanding of underwriting guidelines and strategies. Familiarise yourself with key concepts in commercial insurance, as this will show your potential employer that you’re serious about the role and ready to hit the ground running.
✨Showcase Your Analytical Skills
Be prepared to discuss your experience with financial statements and data analysis. Think of specific examples where you've evaluated financial stability or calculated important ratios. This will demonstrate your ability to handle the responsibilities of the Assistant Underwriter position.
✨Build Rapport with Brokers
Since the role involves supporting brokers, think about how you can highlight your relationship-building skills. Share examples of how you've successfully nurtured professional relationships in the past, as this is crucial for driving business growth.
✨Emphasise Your Willingness to Learn
The company values development, so make sure to express your eagerness to engage in continuous learning. Talk about any relevant courses or qualifications you’re pursuing, and how you plan to stay updated with industry changes and standards.
