At a Glance
- Tasks: Assist in underwriting legal indemnity insurance and review property-related documentation.
- Company: Established MGA known for technical expertise and supportive culture.
- Benefits: Competitive salary up to £40,000, comprehensive training, and mentoring.
- Other info: Great opportunities for long-term development and progression.
- Why this job: Transfer your legal knowledge into a rewarding commercial insurance career.
- Qualifications: Law degree or relevant legal qualification; paralegal experience is a plus.
Your new company will be an established MGA operating at the intersection of insurance, property and law. The business is recognised for its technical expertise and offers a supportive environment where employees can develop specialist knowledge, undertake structured training and build a long-term career within insurance underwriting.
You will join the business as a Legal Indemnity Assistant Underwriter, working closely with experienced Legal Indemnity Underwriters while completing a comprehensive underwriting training programme. You will review legal and property-related documentation, assess case information and support the underwriting of specialist insurance risks. You will also assist with the preparation of quotations and policy documentation while developing your understanding of underwriting principles, risk selection and commercial decision-making. As your technical knowledge and confidence grow, you will take greater ownership of cases and progress towards managing risks more independently. This position represents an excellent opportunity for someone from a paralegal, conveyancing or property law background who is interested in applying their legal knowledge within a commercial insurance environment. Previous insurance experience is not essential.
What you'll need to succeed:
- Law degree or relevant legal qualification
- Paralegal, Conveyancing or Property Law experience would be advantageous
- From a Legal Indemnity insurance background
- Strong analytical skills and attention to detail
- Ability to interpret legal and property documentation
- Genuine interest in developing a career within underwriting
- Ambitious, keen to learn and willing to undertake structured training
What you'll get in return:
- A competitive salary of up to £40,000, depending on experience
- Comprehensive underwriting training
- Support and mentoring from experienced insurance professionals
- Exposure to specialist legal and property-related risks
- The opportunity to transfer your legal experience into a commercial career
- A clear route towards becoming an Underwriter
- Long-term development and progression opportunities
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now. If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.
Assistant Underwriter - Legal Indemnity in City of London employer: Hays Accounts and Finance
Join a leading international organisation that prioritises payroll as a strategic function, offering a dynamic work culture where your expertise will drive meaningful process improvements across multiple European countries. With a strong focus on employee growth and development, this role provides unique opportunities to enhance vendor relationships and ensure operational excellence in a supportive environment. Located in a vibrant region, you will benefit from a collaborative atmosphere that values innovation and compliance, making it an excellent place for professionals seeking rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Underwriter - Legal Indemnity in City of London
✨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
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Hays Accounts and Finance). A thoughtful message explaining your interest can really make a difference!
✨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 Hays Accounts and Finance. 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 - Legal Indemnity in City of London
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 Hays Accounts and Finance.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Hays Accounts and Finance. 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 Hays Accounts and Finance
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Hays Accounts and Finance 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 Hays Accounts and Finance, 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 Hays Accounts and Finance'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.
