Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Support senior underwriters in evaluating risks and making data-driven decisions.
- Company: Join a leading London-based MGA in the space insurance sector.
- Benefits: Gain valuable experience, competitive salary, and opportunities for career growth.
- Why this job: Be at the forefront of underwriting operations and shape profitable outcomes.
- Qualifications: 3-5 years in Space Insurance and strong analytical skills required.
- Other info: Dynamic team environment with a focus on innovation and market trends.
The predicted salary is between 36000 - 60000 £ per year.
This position would ideally suit a Broker who is looking to transition into an Underwriter role or an Underwriter looking to further their career and knowledge. As a Space Assistant Underwriter, you will be at the heart of our underwriting operations, supporting senior underwriters in making strategic, technical, data-driven decisions. From risk evaluation to policy administration, you’ll play a pivotal role in shaping profitable underwriting outcomes while ensuring seamless execution.
This is an excellent opportunity to join a London based MGA and be part of one of the World’s largest underwriting intermediaries with ambition to profitably grow the existing Space portfolio.
Key Responsibilities- Underwriting Support: Assist in evaluating new and renewal Space risks in line with company guidelines, ensuring a balanced portfolio.
- Data-Driven Decision-Making: Analyse client submissions, review technical assessments, assess loss history and contribute to pricing discussions.
- Risk Assessment & Compliance: Ensure all underwriting decisions align with underwriting authorities, data management restrictions and regulatory requirements.
- Portfolio Management: Assist in analysing the performance of our Space book, identifying trends, and recommending corrective actions if needed.
- Technical Execution: Accurately enter Space risks into Nexus / Occam record management and accounting systems, ensuring precise data for reporting and analysis.
- Reporting & Analytics: Prepare underwriting reports on cover-holder agreements, helping underwriters assess portfolio performance.
- Broker & Client Engagement: Coordinate with brokers and clients to obtain additional underwriting information, clarify policy terms, and ensure smooth placements.
- Operational Efficiency: Assist in policy construction, issuance, endorsements, declarations, and premium calculations with a focus on accuracy and timeliness.
- Market Awareness: Conduct research on market trends, pricing strategies, and competitor activities to support business development initiatives.
- Regular Bordereaux production and reporting.
- Monthly / Quarterly reports to carriers.
- Experience: 3-5 years in Space Insurance.
- Education: A university degree with a finance, mathematics, or business focus is preferred. A CII qualification or equivalent is a plus.
- Technical Skills: Strong numerical proficiency with experience in MS Excel for underwriting analysis and reporting.
- Soft Skills: Sharp analytical mindset – you can spot underwriting patterns and assess risks effectively. Strong communication and negotiation skills – you’re comfortable interacting with brokers and clients. Meticulous attention to detail – ensuring underwriting precision in every transaction.
Space Assistant Underwriter in City of London employer: Nexus Underwriting
Contact Detail:
Nexus Underwriting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Space Assistant Underwriter in City of London
✨Tip Number 1
Network like a pro! Reach out to industry contacts, attend events, and engage with professionals on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that Space Assistant Underwriter role.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge and understanding of the Space insurance market. We recommend practising common interview questions and scenarios related to underwriting decisions to show you’re ready to dive in.
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you've used data to make decisions or improve processes in previous roles. We want to see that you can contribute to data-driven decision-making right from the start.
✨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 are proactive about their job search.
We think you need these skills to ace Space Assistant Underwriter in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Space Assistant Underwriter role. Highlight relevant experience in underwriting or brokerage, and don’t forget to showcase your analytical skills and attention to detail!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about transitioning into underwriting and how your background makes you a perfect fit for our team at StudySmarter.
Showcase Your Technical Skills: Since this role involves a lot of data-driven decision-making, be sure to mention your proficiency with MS Excel and any other relevant tools. We love seeing candidates who can handle numbers with ease!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our team!
How to prepare for a job interview at Nexus Underwriting
✨Know Your Space
Familiarise yourself with the latest trends and developments in the space insurance market. Research recent news, pricing strategies, and competitor activities to show your enthusiasm and understanding of the industry during the interview.
✨Showcase Your Analytical Skills
Prepare examples that highlight your analytical mindset. Be ready to discuss how you've evaluated risks or analysed data in previous roles. This will demonstrate your ability to contribute to data-driven decision-making as a Space Assistant Underwriter.
✨Master the Technical Jargon
Brush up on key underwriting terms and concepts relevant to space insurance. Being able to speak the language of underwriting will not only impress your interviewers but also show that you're serious about transitioning into this role.
✨Engage with Brokers and Clients
Think of scenarios where you've successfully communicated with clients or brokers. Prepare to discuss how you would handle obtaining additional information or clarifying policy terms, as strong communication skills are crucial for this position.
