Trainee Underwriter

Our client is seeking a Trainee Underwriter to join their Captive Management team. This full-time, permanent role offers an excellent opportunity for a recent graduate or an individual at the beginning of their career who is interested in developing a professional journey within captive insurance. The successful candidate will provide controlled claims administration across a portfolio of captive insurers while following a structured training programme in client underwriting. Supervised support includes managing claims from notification through to closure, ensuring accurate record keeping, stakeholder coordination, reserving, payments, recoveries, reporting, exposure analysis and renewals, all in accordance with policy terms, client instructions, and regulatory requirements.

Job Duties:

• Receive, acknowledge, register and maintain claims and supporting documents accurately.
• Review notifications for completeness, obtain missing information and check relevant policy periods, limits, deductibles, exclusions, and notification requirements.
• Maintain complete, audit-ready claim files recording correspondence, evidence, approvals, reserves, payments, and recoveries.
• Track diary dates, limitation periods, service standards, and outstanding actions; prepare routine correspondence, payment requests and claim summaries.
• Escalate coverage issues and complex or potentially contentious claims.
• Complete claim closure checks, ensuring records, payments, recoveries and documentation are finalised.
• Record approved reserves and maintain a clear audit trail of changes.
• Verify payment documentation, bank details, authority and approvals before processing.
• Reconcile claims data to accounting records, resolving discrepancies promptly.
• Prepare reports and key documents for clients, including claims registers and movement reports.
• Act as an administrative contact for clients, brokers, reinsurers and service providers.
• Support claims review meetings while maintaining action logs and monitoring service-provider performance.
• Follow client governance frameworks and industry compliance standards.
• Receive structured on-the-job training, building technical knowledge and competence progressively.
• Collect and validate underwriting information while supporting underwriting files and premium calculations.
• Review loss experience, assist with policy schedules and endorsements, and record decisions from client meetings.

Job Requirements:

• Excellent numeracy, literacy and written communication skills.
• Confidence using Microsoft Office Suite, especially Excel and Word.
• Demonstrated organisation, attention to detail and effective deadline management.
• A professional and proactive approach to work, with the ability to handle confidential information.
• A genuine interest in pursuing a career in insurance, claims and underwriting.
• Ability to learn quickly, analyse information and follow established procedures.
• Desirable: Degree or higher education qualification in business, finance, economics, mathematics, law or risk management.
• Relevant work experience through internships or customer service roles is beneficial.
• Basic understanding of insurance and financial services is a plus.

What You’ll Love:

You will be joining a professional and supportive environment where teamwork and collaboration are encouraged. Our client is committed to your development and may support you in pursuing relevant professional qualifications, laying a solid foundation for a successful career in captive insurance.

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