Underwriting Assistant, Mergers & Acquisitions (M&A)
Underwriting Assistant, Mergers & Acquisitions (M&A)

Underwriting Assistant, Mergers & Acquisitions (M&A)

London Entry level 30000 - 42000 £ / year (est.) No home office possible
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London Insurance Life

At a Glance

  • Tasks: Support the M&A team in managing international transactional risk portfolios.
  • Company: Join a leading global specialty insurer with a collaborative culture.
  • Benefits: Gain foundational underwriting knowledge and skills with training opportunities.
  • Why this job: Kickstart your career in insurance with a dynamic, supportive team.
  • Qualifications: A-Level grades A-C, strong communication skills, and a proactive mindset.
  • Other info: Diversity and inclusion are at the heart of our workplace culture.

The predicted salary is between 30000 - 42000 £ per year.

Overview

You will be our Underwriting Oversight Assistant. You will assist in the day to day monitoring of the Underwriting system processing by Underwriting Assistants in all Underwriting teams. This role reports to the Head of Underwriting Oversight Management.

Your responsibilities

  • Assisting the Head of Underwriting Oversight Management in all aspects of their role
  • Assist in the overseeing of the Underwriting system processing by all Underwriting teams, to ensure all data requirements are processed accurately and in a timely manner
  • Assist in measuring, monitoring and reporting on risk entry for all classes of business bound in SiriusPoint International, Company and Syndicate Platforms. Assist in ensuring compliance with the Underwriting Oversight Framework, including the Underwriting Controls using the DQ Pro Software
  • Assist in preparing data for relevant returns for Regulators
  • Assist Pre Bind Contract review using Lloyd’s Contract Certainty Tool
  • To perform all duties in line with the FCA Individual Conduct Rules as documented in the Employee Handbook
  • Any other duties as reasonably required

United behind common goals

At SiriusPoint we work as one team across our global business, and we unite that team behind common goals, understanding the positive impact we can all make at SiriusPoint. We aim to retain and attract great people, knowing they can achieve a rewarding and enriching career.

Our Purpose is to provide security and resilience in an uncertain world.

Our Vision is to be recognized as a best-in-class insurer and reinsurer utilizing deep risk capabilities to protect our customers. Blending our talent, expertise and data to provide intelligent risk solutions.

Our culture is one of performance and accountability. Our people are our experts and you will be empowered to apply your expertise in a supportive, collaborative and purposeful environment.

Our Values are at the heart of our business, and which guide every day actions and decision making.

  • Integrity: Integrity, respect and trust are our core principles
  • Customer Focused: Our customers are the reason we exist
  • Solution Driven: Creating solutions is our mindset
  • Diversity: Diversity, inclusion and allyship make us stronger

Your skills and abilities

  • Educated to A-Level standard
  • Effective analytical skills to evaluate information
  • Strong interpersonal and communication skills, both written and verbal
  • Ability to develop and maintain effective working relationships and team working skills
  • Good organisational skills, methodical and with the ability to focus on detail
  • Strong attention to detail and organizational skills

We Achieve More Together

We value and support the unique voices, backgrounds, lifestyles, and contributions of a diverse global employee base that contributes to our culture every day. Diversity, Equity, Inclusion, and Belonging (DEI&B) is imperative to our success.

We are building an environment that embeds DEI&B into everything we do and enables us to unlock critical drivers of equality, innovation, and success. We want everyone to be included, valued, respected, and supported to unleash their full potential.

Hamilton is excited to be recruiting an underwriting assistant to join the international M&A team. Based in London and working within a team of expert insurance and legal professionals, your role will be to support the M&A team to efficiently and profitably manage a varied, international portfolio of transactional risk business.

This role presents an excellent opportunity for those seeking to develop foundational underwriting knowledge and skill within a specialist portfolio.

Hamilton Global Specialty is our multi-platform, specialty insurer operating primarily through a Lloyd’s Syndicate and Dublin operating company with a managing general agency in the US.

What you will help us do

  • Provide day to day support to the M&A team, encompassing the full policy life cycle, delegated authorities and reinsurance arrangements
  • Ensure timely and accurate data entry to an in-house underwriting system
  • Maintain and develop relationships with brokers
  • Prepare quotes for new business in accordance with underwriting guidelines
  • Attend meetings with other departments, including Delegated Underwriting, Finance, Management Information, Credit Control, Compliance and Operations
  • Prepare data-driven presentations and files for internal management and for external regulatory use
  • Ad-hoc duties as may be periodically required

Requirements for the role

This role is suited to a school leaver who is seeking their first role in insurance. The successful candidate will possess:

  • A-Level grades of A-C in all exams taken
  • Strong written and verbal communication skills and an ability to express ideas clearly
  • Numerical aptitude and good attention to detail
  • Analytical skills and willingness to learn
  • A proactive approach and strong work ethic with the ability to work enthusiastically and collaboratively within a team
  • General knowledge of Microsoft Office (Excel, PowerPoint, Word and Outlook) (training is available and encouraged)
  • An ability to establish good relationships with both internal and external stakeholders
  • An ability to manage your time, meet deadlines and prioritise efficiently
  • An open, cooperative mindset with an interest in M&A

Conduct Standards

  • You must act with integrity
  • You must act with due skill, care and diligence
  • You must be open and cooperative with the FCA, the PRA and other regulators
  • You must pay due regard to the interests of customers and treat them fairly
  • You must observe proper standards of market conduct
  • You must act to deliver good outcomes for retail customers

In our free Claims Adjuster simulation, you will step into the shoes of a claims professional in the London specialty insurance market and learn all about the role and what it entails. This Free online course will deepen your knowledge and understanding of claims to enhance your applications and boost your CV. Why not give it a go!

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Underwriting Assistant, Mergers & Acquisitions (M&A) employer: London Insurance Life

SiriusPoint is an exceptional employer, offering a dynamic and supportive work environment in the heart of London. With a strong focus on employee growth, we provide opportunities for professional development within a diverse and inclusive culture that values integrity and collaboration. Join us to be part of a team that is dedicated to delivering intelligent risk solutions while fostering your career in the exciting field of Mergers & Acquisitions.
London Insurance Life

Contact Detail:

London Insurance Life Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Underwriting Assistant, Mergers & Acquisitions (M&A)

✨Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

✨Tip Number 2

Prepare for interviews by researching the company and the role. Understand their values and how you can contribute. Practice common interview questions and think of examples that showcase your skills and experiences.

✨Tip Number 3

Follow up after interviews! A simple thank-you email can go a long way. It shows your appreciation and keeps you fresh in their minds. Plus, it’s a chance to reiterate your interest in the position.

✨Tip Number 4

Don’t forget to apply through our website! We’re always looking for passionate individuals to join our team. Keep an eye on our job listings and make sure your application stands out!

We think you need these skills to ace Underwriting Assistant, Mergers & Acquisitions (M&A)

Analytical Skills
Attention to Detail
Communication Skills
Interpersonal Skills
Organisational Skills
Team Working Skills
Numerical Aptitude
Proactive Approach
Microsoft Office (Excel, PowerPoint, Word, Outlook)
Time Management
Relationship Management
Understanding of Mergers & Acquisitions
Compliance Awareness
Data Entry Skills
Presentation Skills

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter for the Underwriting Assistant role. Highlight your analytical skills and attention to detail, as these are key for the position. We want to see how your experiences align with our values and the responsibilities outlined in the job description.

Showcase Your Communication Skills: Since strong written and verbal communication skills are essential, use your application to demonstrate these abilities. Keep your language clear and concise, and make sure to express your ideas effectively. Remember, we value clarity and professionalism!

Highlight Relevant Experience: Even if you’re a school leaver, include any relevant coursework, internships, or projects that showcase your understanding of insurance or M&A. We love seeing proactive candidates who are eager to learn and grow within the industry.

Apply Through Our Website: Don’t forget to submit your application through our website! This ensures it gets to the right people quickly. Plus, it’s a great way to show your enthusiasm for joining our team at SiriusPoint. We can’t wait to see what you bring to the table!

How to prepare for a job interview at London Insurance Life

✨Know Your Underwriting Basics

Before the interview, brush up on your understanding of underwriting principles, especially in Mergers & Acquisitions. Familiarise yourself with key terms and processes, as this will show your enthusiasm and readiness to contribute from day one.

✨Showcase Your Analytical Skills

Prepare examples that highlight your analytical abilities. Think of situations where you evaluated data or solved problems effectively. This is crucial for the role, so be ready to discuss how you can apply these skills in monitoring underwriting processes.

✨Demonstrate Team Spirit

Since the role involves working closely with various teams, be prepared to talk about your experiences in collaborative environments. Share specific instances where you contributed to a team goal, showcasing your interpersonal skills and ability to build relationships.

✨Ask Insightful Questions

At the end of the interview, have a few thoughtful questions ready. Inquire about the team dynamics, the tools they use for underwriting oversight, or how they measure success in the role. This shows your genuine interest in the position and helps you assess if it's the right fit for you.

Underwriting Assistant, Mergers & Acquisitions (M&A)
London Insurance Life
Location: London
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