Assistant Underwriter

Assistant Underwriter

Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Support senior underwriters and manage diverse international casualty portfolios.
  • Company: Dynamic City insurance firm with a focus on growth and collaboration.
  • Benefits: Competitive salary, career development opportunities, and a supportive team environment.
  • Why this job: Kickstart your career in insurance and build valuable relationships in a thriving industry.
  • Qualifications: Previous experience in insurance is preferred but not essential; enthusiasm is key.
  • Other info: Join a busy team and gain exposure to international risks and regulatory practices.

The predicted salary is between 36000 - 60000 £ per year.

We are partnered with a City insurance outfit seeking to recruit a Casualty Binders Assistant Underwriter. This is an excellent opportunity to develop your career within a busy and successful team, working on a diverse international portfolio of casualty business.

Working closely with senior underwriters and stakeholders, you will support the delivery of underwriting strategy, portfolio performance and strong broker relationships across a varied book of business. You will gain exposure to:

  • International casualty risks
  • Portfolio analysis and performance monitoring
  • Broker and coverholder relationships
  • Regulatory and governance best practice in a Delegated Authority environment

Please note, previous experience within the insurance industry is required.

Assistant Underwriter employer: IPS Group

Join a dynamic and supportive team in the heart of London, where your role as an Assistant Underwriter will not only enhance your skills but also provide you with invaluable exposure to international casualty risks and strong broker relationships. Our company fosters a collaborative work culture that prioritises employee growth, offering tailored development opportunities and a commitment to excellence in underwriting practices, making it an ideal place for those seeking meaningful and rewarding employment.
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Contact Detail:

IPS Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Assistant Underwriter

✨Tip Number 1

Network like a pro! Reach out to people in the insurance industry, especially those working in underwriting. A friendly chat can lead to opportunities that aren’t even advertised yet.

✨Tip Number 2

Prepare for interviews by researching the company and its portfolio. Show them you’re not just another candidate; you’re genuinely interested in their work and how you can contribute to their success.

✨Tip Number 3

Practice your pitch! You’ll want to clearly articulate your skills and experiences that align with the role of an Assistant Underwriter. Confidence is key, so rehearse until it feels natural.

✨Tip Number 4

Don’t forget to apply through our website! We’ve got loads of resources to help you stand out, and applying directly shows your enthusiasm for the role. Let’s get you that job!

We think you need these skills to ace Assistant Underwriter

Underwriting Strategy
Portfolio Analysis
Performance Monitoring
Broker Relationship Management
Regulatory Compliance
Governance Best Practices
Delegated Authority Knowledge
Casualty Risk Assessment
Communication Skills
Team Collaboration
Attention to Detail
Analytical Skills
Problem-Solving Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Assistant Underwriter role. Highlight any relevant experience in the insurance industry, especially if you've worked with casualty business or have dealt with broker relationships.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your skills align with the job description. Don’t forget to mention your interest in working with international portfolios.

Showcase Your Analytical Skills: Since the role involves portfolio analysis and performance monitoring, be sure to highlight any analytical skills or experiences you have. We want to see how you can contribute to the underwriting strategy!

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and keep track of all the amazing candidates like you!

How to prepare for a job interview at IPS Group

✨Know Your Insurance Basics

Before heading into the interview, brush up on your knowledge of casualty insurance and underwriting principles. Familiarise yourself with key terms and concepts that are relevant to the role, as this will show your enthusiasm and understanding of the industry.

✨Showcase Your Analytical Skills

Since the role involves portfolio analysis and performance monitoring, be prepared to discuss your analytical skills. Bring examples of how you've used data to make decisions or improve processes in previous roles. This will demonstrate your ability to contribute effectively to the team.

✨Build Rapport with Brokers

Understanding the importance of broker relationships is crucial. Think of ways you can illustrate your experience in building and maintaining professional relationships. Share specific examples where you’ve successfully collaborated with stakeholders to achieve common goals.

✨Prepare Questions About Governance Practices

Since the job involves regulatory and governance best practices, come prepared with insightful questions about the company's approach to these areas. This not only shows your interest but also your commitment to adhering to best practices in a Delegated Authority environment.

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