Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Support senior underwriters in evaluating Space 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 a degree in finance, mathematics, or business.
- Other info: Dynamic role with a focus on analytical skills and market awareness.
The predicted salary is between 40000 - 50000 £ per year.
Role Overview: 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.
Key Requirements
- 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 Slough employer: Nexus Underwriting
Contact Detail:
Nexus Underwriting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Space Assistant Underwriter in Slough
✨Tip Number 1
Network like a pro! Reach out to industry professionals on LinkedIn or attend relevant events. We can’t stress enough how important it is to make connections that could lead to job opportunities.
✨Tip Number 2
Prepare for interviews by researching the company and its underwriting processes. We recommend practising common interview questions related to risk assessment and data analysis to show you’re ready for the Space Assistant Underwriter role.
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you've used data to make decisions in past roles. We want to see your sharp analytical mindset in action, especially when discussing underwriting patterns.
✨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 Slough
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience that align with the Space Assistant Underwriter role. Highlight any relevant underwriting or broker experience, 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 in space insurance makes you a perfect fit for our team. Keep it engaging and personal!
Showcase Your Technical Skills: Since this role involves a lot of data-driven decision-making, make sure to mention your proficiency in MS Excel and any other relevant technical skills. We want to see how you can contribute to our underwriting operations right from the start!
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 shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Nexus Underwriting
✨Know Your Space Insurance
Make sure you brush up on your knowledge of space insurance before the interview. Understand the key concepts, recent trends, and challenges in the industry. This will not only show your enthusiasm but also help you engage in meaningful discussions with the interviewers.
✨Showcase Your Analytical Skills
Since the role requires a sharp analytical mindset, prepare to discuss specific examples where you've successfully evaluated risks or analysed data. Use metrics or outcomes to illustrate your impact, as this will demonstrate your ability to make data-driven decisions.
✨Prepare for Technical Questions
Expect questions that test your technical knowledge and skills, especially around MS Excel and underwriting processes. Brush up on your Excel functions and be ready to explain how you've used them in past roles to support underwriting decisions.
✨Engage with Brokers and Clients
Since the role involves coordinating with brokers and clients, think of scenarios where you've effectively communicated or negotiated. Be prepared to share how you’ve built relationships and ensured smooth operations in previous positions, as this will highlight your soft skills.