Property Assistant Underwriter (UK)
Property Assistant Underwriter (UK)

Property Assistant Underwriter (UK)

Full-Time 30000 - 40000 £ / year (est.) No home office possible
HAYS Specialist Recruitment

At a Glance

  • Tasks: Support the underwriting team with risk evaluation, premium calculations, and policy documentation.
  • Company: Join a respected MGA known for its collaborative culture and professional growth.
  • Benefits: Enjoy competitive pay, career development opportunities, and a supportive work environment.
  • Other info: Dynamic role with opportunities for career advancement in a growing team.
  • Why this job: Make an impact in the UK commercial property market while developing your skills.
  • Qualifications: Strong attention to detail and good communication skills are essential.

The predicted salary is between 30000 - 40000 £ per year.

A growing and highly respected MGA operating in the UK commercial market is seeking a Property Underwriting Assistant to join their London-based Property team. The business is known for its collaborative culture, strong underwriting discipline and commitment to professional development. Due to growth within their UK Commercial Property Team, a position for a Property Underwriting Assistant has arisen.

As a Property Underwriting Assistant, you will provide high-quality technical and administrative support to the UK Commercial Property underwriting team. You will play a key role across new business, renewals and mid-term adjustments, ensuring underwriting processes run smoothly and in line with regulatory and internal standards.

In this role, you will support underwriters with the evaluation of risk, the calculation of premiums and the preparation of quotations and renewals for UK Commercial Property risks. You will also be responsible for accurately inputting and maintaining risk data within underwriting and policy administration systems throughout the risk lifecycle.

A key element of this role will be that you act as a key point of contact for brokers, responding to queries, chasing outstanding information and developing effective working relationships. You will also issue policy documentation and renewal notices while ensuring full compliance with FCA requirements and internal underwriting guidelines.

Your role will involve performing a range of risk screening activities, including sanctions checks, flood risk analysis and virtual site assessments. You will maintain accurate electronic underwriting files, log quotes and declinatures and manage bordereaux returns for binder business. In addition, you will support the administration of delegated authority binders and ensure peer reviews are completed within required timescales.

To be successful in this role, you will have experience.

Property Assistant Underwriter (UK) employer: HAYS Specialist Recruitment

Join a dynamic and respected Managing General Agent (MGA) in the heart of London, where collaboration and professional growth are at the forefront of our culture. As a Property Underwriting Assistant, you will benefit from a supportive environment that prioritises your development while working alongside experienced professionals in the UK commercial market. With a commitment to excellence and a focus on compliance, this role offers a unique opportunity to enhance your skills and build meaningful relationships within the industry.
HAYS Specialist Recruitment

Contact Detail:

HAYS Specialist Recruitment Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Property Assistant Underwriter (UK)

✨Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect with professionals on LinkedIn. Building relationships can open doors that job applications alone can't.

✨Tip Number 2

Prepare for interviews by researching the company and understanding their values. Be ready to discuss how your skills align with their needs, especially in areas like risk evaluation and compliance.

✨Tip Number 3

Practice your responses to common interview questions. Focus on your experience with underwriting processes and how you handle administrative tasks. Confidence is key!

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.

We think you need these skills to ace Property Assistant Underwriter (UK)

Technical Support
Administrative Support
Risk Evaluation
Premium Calculation
Quotation Preparation
Data Input and Maintenance
Regulatory Compliance
Broker Communication
Relationship Development
Policy Documentation Issuance
Risk Screening Activities
Sanctions Checks
Flood Risk Analysis
Site Assessments
Peer Review Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Property Assistant Underwriter role. Highlight any relevant experience in underwriting or administrative support, and don’t forget to showcase your attention to detail – it’s key in this line of work!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about the property market and how your skills align with our collaborative culture. Keep it concise but engaging – we want to see your personality!

Showcase Your Technical Skills: Since this role involves maintaining risk data and using underwriting systems, make sure to mention any technical skills you have. If you’ve worked with similar systems before, let us know – it’ll give you an edge!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!

How to prepare for a job interview at HAYS Specialist Recruitment

✨Know Your Underwriting Basics

Brush up on your knowledge of property underwriting principles and processes. Understand how risk evaluation, premium calculation, and compliance with FCA requirements work. This will show your potential employer that you’re not just interested in the role but also have a solid grasp of what it entails.

✨Showcase Your Communication Skills

As a Property Underwriting Assistant, you'll be liaising with brokers and internal teams. Prepare examples of how you've effectively communicated in past roles, especially when resolving queries or building relationships. This will highlight your ability to thrive in a collaborative culture.

✨Demonstrate Attention to Detail

In underwriting, accuracy is key. Be ready to discuss how you ensure precision in your work, whether it's maintaining risk data or preparing policy documentation. You might even want to bring along examples of your previous work that showcase your meticulous nature.

✨Prepare Questions About the Company

Research the company’s growth, culture, and commitment to professional development. Prepare thoughtful questions that reflect your interest in their operations and values. This not only shows your enthusiasm but also helps you determine if the company is the right fit for you.

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