Assistant Underwriter - Power in London
Assistant Underwriter - Power

Assistant Underwriter - Power in London

London Full-Time 40000 - 50000 £ / year (est.) Home office (partial)
MS Amlin

At a Glance

  • Tasks: Analyse risks, support quotes, and build strong client relationships in the Power sector.
  • Company: Join MS Amlin, a leading (re)insurer with a collaborative culture.
  • Benefits: Competitive salary, performance bonuses, hybrid working, and career development opportunities.
  • Other info: Be part of a diverse team that values your unique strengths.
  • Why this job: Gain real autonomy and develop your underwriting skills in a dynamic environment.
  • Qualifications: Relevant underwriting experience and ambition to progress quickly.

The predicted salary is between 40000 - 50000 £ per year.

We are seeking an Assistant Underwriter to join our Power team at MS Amlin. As a key member of the underwriting team, you will play a meaningful role in making sound underwriting decisions and contributing to the operational delivery of our strategy – with genuine scope to develop full underwriting authority in a short timeframe.

You will sit within the Power team, part of the Natural Resources division at MS Amlin. The Power book spans a global portfolio of risks, varying in technology, complexity and size – meaning no two submissions are the same.

The Natural Resources division operates as a genuine one-stop-shop across Power, Upstream, Downstream and Mining – giving the team a distinctive market proposition and strong broker relationships built on breadth of offering. MS Amlin’s agile structure means underwriters benefit from streamlined decision-making and real autonomy at the Lloyd’s Box, without the layers found at larger corporate carriers.

The role provides a solid foundation and genuine opportunity to develop a long-term career in underwriting within a market-leading Natural Resources team.

What you’ll spend your time doing:

  • Analyse and write risks in accordance with the agreed parameters – making sound, profitable long-term decisions with a focus on smart rationale underwriting
  • Support quotes, underwriting and service of allocated accounts and operate within agreed authority parameters
  • Develop and maintain strong client and broker relationships, demonstrating a deep understanding of their needs and the market
  • Assist in arranging and attending client meetings to build strong relationships and drive business growth
  • Represent MS Amlin at corporate and networking events, upholding our values and behaviours
  • Track and report developments affecting the Power market and raise as appropriate to the Senior Underwriters or Underwriting Management
  • Collaborate with senior underwriters to develop pricing models and ensure accurate risk assessments
  • Liaise with the claims team to keep up-to-date with claims situations and ensure timely resolution
  • Manage queries professionally and efficiently, ensuring excellent customer service
  • Monitor premium payments and liaise with brokers and CRT as necessary
  • Accuracy checking and write up notes as part of UW sign-off
  • Liaise with and ensure regional compliance with underwriting management, taking corrective action where necessary and operating within agreed authorities, ensuring that underwriting controls are properly managed

What you’ll need:

  • Relevant underwriting experience in Power underwriting or claims, with a clear ambition to progress to full underwriting authority within a short timeframe
  • Established or developing relationships with brokers and solid knowledge of the power market
  • Strong problem-solving skills, with the ability to question the status quo and create solutions
  • Diploma in CII and working towards completion of ACII
  • Excellent communication and negotiation skills
  • Sound financial and commercial acumen
  • Strong Excel and numeracy skills
  • Self-motivation and strong organisational skills

We are stronger together because of our common interests and rich differences. You may be the strength we didn’t know we needed. Believe in yourself, and click apply today!

What Can You Expect From Us?

As well as a competitive base salary and performance related discretionary bonus, here is a link to our employee benefits – Benefits of working at MS Amlin | MS Amlin

Hybrid Working

At MS Amlin we operate a hybrid working model to empower our people with flexibility to blend where they work. We value collaboration and believe that we work better together, our teams typically do 3 days a week in the office.

About MS Amlin

MS Amlin is a leading (re)insurer and part of the global MS&AD Group, with operations across Lloyd’s of London, the Middle East, and Asia Pacific. With over 120 years of experience, we support businesses facing complex and demanding risks, providing continuity in an uncertain world. Our expertise covers Property, Casualty, Marine, Crisis Management, Natural Resources and Reinsurance, backed by strong underwriting capabilities and deep sector knowledge. At the core of our claims service is TRUST – Transparency, Responsiveness, Understanding, Solution-driven thinking, and Technical expertise. This defines how we manage claims and build lasting relationships.

We will build a workplace where all talent is welcomed, and everyone has the opportunity to influence how the business works. We have dedicated employee resource groups that support our Diversity, Equity, and Inclusion (DE&I) goals.

Assistant Underwriter - Power in London employer: MS Amlin

MS Amlin is an exceptional employer, offering a dynamic work environment in London where Assistant Underwriters can thrive. With a strong focus on employee development and a hybrid working model, the company fosters collaboration while providing the autonomy to make impactful underwriting decisions. Employees benefit from competitive salaries, performance-related bonuses, and a commitment to diversity and inclusion, making it a rewarding place to build a long-term career in the power sector.
MS Amlin

Contact Detail:

MS Amlin Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Assistant Underwriter - Power in London

✨Tip Number 1

Network like a pro! Attend industry events and connect with professionals in the Power sector. Building relationships can open doors to opportunities that aren’t even advertised.

✨Tip Number 2

Be proactive! Don’t just wait for job openings to pop up. Reach out to companies you admire, like MS Amlin, and express your interest in potential roles. You never know what might come up!

✨Tip Number 3

Showcase your skills! Prepare a portfolio or case studies that highlight your underwriting experience and problem-solving abilities. This will help you stand out during interviews and discussions.

✨Tip Number 4

Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining our team at MS Amlin.

We think you need these skills to ace Assistant Underwriter - Power in London

Underwriting Experience
Power Market Knowledge
Client Relationship Management
Problem-Solving Skills
Communication Skills
Negotiation Skills
Financial Acumen
Excel Proficiency
Numeracy Skills
Organisational Skills
CII Diploma
Risk Assessment
Decision-Making Skills
Customer Service Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Assistant Underwriter role. Highlight any relevant underwriting experience in Power and showcase your problem-solving skills. We want to see how you can contribute to our team!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the Power market and how your skills align with our needs. Let us know what makes you the perfect fit for MS Amlin.

Showcase Your Relationships: If you've got established relationships with brokers or a solid understanding of the power market, make sure to mention that! We value strong connections and want to see how you can leverage them in this role.

Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to see what you bring to the table!

How to prepare for a job interview at MS Amlin

✨Know Your Power Market

Before the interview, dive deep into the power market. Understand the current trends, risks, and key players. This knowledge will not only impress your interviewers but also show that you're genuinely interested in the role and ready to contribute from day one.

✨Showcase Your Problem-Solving Skills

Be prepared to discuss specific examples where you've tackled challenges in underwriting or claims. Highlight your ability to question the status quo and create effective solutions. This will demonstrate your critical thinking and adaptability, which are crucial for the Assistant Underwriter position.

✨Build Rapport with Brokers

Since strong relationships with brokers are essential, think of ways to convey your experience in building these connections. Share anecdotes that illustrate your communication and negotiation skills, as well as your understanding of their needs. This will help you stand out as a candidate who can foster valuable partnerships.

✨Prepare Questions for Them

Interviews are a two-way street! Prepare insightful questions about the team dynamics, the company's approach to underwriting, and how they support career development. This shows your enthusiasm for the role and helps you gauge if MS Amlin is the right fit for you.

Assistant Underwriter - Power in London
MS Amlin
Location: London

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