Assistant Property Underwriter

Assistant Property Underwriter

City of London Full-Time 28800 - 48000 Β£ / year (est.) No home office possible
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At a Glance

  • Tasks: Support property underwriting by providing quotes and managing documentation.
  • Company: Join a specialist Property Underwriting team in London with a strong growth track record.
  • Benefits: Hybrid working, competitive salary, and opportunities for professional development.
  • Why this job: Kickstart your career in underwriting with hands-on experience and mentorship.
  • Qualifications: Attention to detail, organisational skills, and interest in commercial insurance.
  • Other info: Engage in ongoing training and build relationships with insurers and brokers.

The predicted salary is between 28800 - 48000 Β£ per year.

An excellent opportunity has arisen for an Assistant Property Underwriter to join a specialist Property Underwriting team operating under a delegated authority scheme. The team focuses exclusively on Property underwriting and has a strong track record of profitable growth. Working alongside experienced underwriters, you’ll play a key role in supporting the growth and management of the property binder portfolio, ensuring accurate, timely, and high-quality underwriting decisions.

RESPONSIBILITIES

  • Support the underwriting process by providing quotations under supervision within delegated authority limits
  • Apply underwriting guidelines accurately and escalate complex decisions when appropriate
  • Assist in issuing and managing documentation for new business, renewals, and mid-term adjustments (MTAs)
  • Maintain accurate bordereaux returns, underwriting records, and reports
  • Support compliance with audits, regulatory requirements, and internal procedures
  • Contribute to insurer and broker relationship management by providing professional and timely support
  • Engage actively in ongoing training and Continuing Professional Development (CPD)

DAY-TO-DAY

  • Prepare quotations and policy documentation under supervision
  • Manage underwriting data and documentation in line with company procedures
  • Monitor binder performance through accurate record keeping and reporting
  • Liaise with internal teams and external stakeholders to ensure smooth operations
  • Participate in team meetings, training sessions, and professional development initiatives

SKILLS

  • Interest in pursuing a long-term career in underwriting
  • Strong attention to detail and organisational skills
  • Confident working with data, spreadsheets, and documentation
  • Clear written and verbal communication
  • Exposure to commercial insurance or underwriting (through work, study, or internship)
  • Experience using systems such as Acturis or similar

Assistant Property Underwriter employer: Lawes Insurance Recruitment

Join a dynamic and supportive team as an Assistant Property Underwriter in London, where you will benefit from a hybrid working model that promotes work-life balance. Our company fosters a culture of continuous learning and professional development, offering you the chance to grow your career alongside experienced underwriters in a thriving environment. With a strong focus on collaboration and innovation, we ensure that our employees are equipped with the tools and resources needed to succeed in their roles.
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Contact Detail:

Lawes Insurance Recruitment Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Assistant Property Underwriter

✨Tip Number 1

Network like a pro! Reach out to people in the property underwriting field on LinkedIn or at industry events. A friendly chat can open doors that a CV just can't.

✨Tip Number 2

Prepare for interviews by brushing up on your knowledge of underwriting principles and current market trends. We want you to impress with your insights and show you're genuinely interested in the role.

✨Tip Number 3

Practice your communication skills! Whether it's verbal or written, being clear and confident will help you stand out. Remember, you'll be liaising with brokers and insurers, so make sure you can articulate your thoughts well.

✨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 take the initiative to connect directly with us.

We think you need these skills to ace Assistant Property Underwriter

Underwriting Guidelines Application
Quotations Preparation
Documentation Management
Attention to Detail
Organisational Skills
Data Management
Communication Skills
Commercial Insurance Knowledge
Experience with Acturis or Similar Systems
Regulatory Compliance
Relationship Management
Record Keeping
Team Collaboration
Professional Development Engagement

Some tips for your application 🫑

Tailor Your CV: Make sure your CV is tailored to the Assistant Property Underwriter role. Highlight any relevant experience in underwriting or commercial insurance, and don’t forget to showcase your attention to detail and organisational skills!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re interested in this role and how your skills align with what we’re looking for. Keep it professional but let your personality come through.

Showcase Your Data Skills: Since the role involves working with data and documentation, make sure to mention any experience you have with spreadsheets or systems like Acturis. We want to see that you’re confident in handling data!

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’s super easy!

How to prepare for a job interview at Lawes Insurance Recruitment

✨Know Your Underwriting Basics

Before the interview, brush up on your understanding of property underwriting. Familiarise yourself with key terms and concepts, as well as the specific guidelines mentioned in the job description. This will show your genuine interest in the role and help you answer questions confidently.

✨Prepare for Scenario Questions

Expect to be asked about how you would handle certain underwriting scenarios. Think through examples where you might need to apply guidelines or escalate decisions. Practising these responses can help you articulate your thought process clearly during the interview.

✨Showcase Your Attention to Detail

Since this role requires strong organisational skills, be ready to discuss how you manage data and documentation. Bring examples from past experiences where your attention to detail made a difference, whether in previous jobs, internships, or academic projects.

✨Engage with the Team's Goals

Research the company’s recent achievements and their approach to property underwriting. During the interview, express how you can contribute to their goals and support the team’s growth. This demonstrates that you’re not just looking for any job, but are genuinely interested in being part of their success.

Assistant Property Underwriter
Lawes Insurance Recruitment
Location: City of London
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