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For Companies At a Glance
- Tasks: Support the underwriting team in delivering tailored risk solutions across global markets.
- Company: Join Oceanre, a dynamic reinsurance provider with a commitment to innovation.
- Benefits: Enjoy competitive salary, hybrid working, and 30 days annual leave plus bank holidays.
- Why this job: Gain exposure to international markets and work alongside industry experts in a collaborative environment.
- Qualifications: Recent graduate in relevant fields with strong analytical and interpersonal skills.
- Other info: Embrace a diverse culture that fosters continuous learning and career growth.
The predicted salary is between 28800 - 43200 £ per year.
About the Opportunity
We are a dynamic and growing reinsurance company headquartered in London, committed to delivering tailored risk solutions across global markets. Our underwriting team is expanding, and we are seeking a qualified graduate in Engineering, Business Administration, International Business, Economics, or Accounting to join our team as an Underwriting Assistant supporting the Property & Facultative Engineering line. This role offers the opportunity to develop within a dynamic and internationally focused underwriting environment, working alongside experienced underwriters operating within the Lloyd's and broader London Market.
What are we looking for?
- A responsible and proactive individual with a strong interest in the commercial and reinsurance environment.
- Strong interpersonal skills, with the ability to build and maintain effective working relationships across diverse cultures and international markets.
- High analytical capability with confidence in handling numerical data, technical information, and underwriting documentation.
- Ability to work collaboratively within a team, manage tasks in an organised manner, and perform effectively under pressure while meeting deadlines.
- A motivated self-starter with strong attention to detail and a willingness to learn underwriting principles, processes, and market practices.
- Preferably fluent in Spanish; proficiency in any additional language will be regarded favourably.
- Strong working knowledge of Microsoft Office applications (Excel, Word, PowerPoint).
- Willingness to operate within an international business environment, demonstrating flexibility and adaptability to global demands.
Essential qualifications, skills and experience
- ACII or equivalent qualification (or working towards it) preferred.
- Strong analytical and technical underwriting skills, with experience in pricing models and exposure analysis.
- Ability to manage broker relationships.
- Experience working within Lloyd's or the London Market is advantageous.
- High attention to detail and a proactive approach to problem-solving.
Our promise to you:
- Competitive salary with performance-based incentives.
- Opportunities for career growth and professional development.
- Exposure to international markets and global clients.
- A collaborative and dynamic work environment alongside industry experts.
- Private medical insurance.
- Group life insurance.
- Cycle-to-work scheme.
- 30 days of annual leave plus bank holidays.
- Hybrid working environment.
In addition to the benefits listed above, we offer a comprehensive benefits package designed to support your well-being.
Who We Are
Oceanre is a leading reinsurance provider, specializing in life, health, property & casualty, personal accident, cargo, surety, and motor insurance solutions. We partner with global insurers, brokers, and corporate clients to deliver innovative and optimal risk transfer programs. Our commitment to discipline, transparency, and consistency in underwriting and claims handling makes us a trusted name in the industry.
Our Culture
At Oceanre, we honour the promises we make to our regional clients by supporting the creation of new capabilities to address their evolving needs. We empower our team to take initiative, think strategically, and drive impactful solutions. Our diverse and inclusive work environment fosters continuous learning and relationship-building, while our financial strength and solvency allow us to expand and aim for more.
Are you ready to shape the future of reinsurance? Be bold.
Underwriting Assistant in London employer: Ocean International Reinsurance
Contact Detail:
Ocean International Reinsurance Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriting Assistant in London
✨Tip Number 1
Network like a pro! Reach out to professionals in the reinsurance industry on LinkedIn or at networking events. Building relationships can open doors and give you insider info about job opportunities.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they operate in the London Market. This will help you tailor your responses and show you're genuinely interested in joining their team.
✨Tip Number 3
Practice your analytical skills! Brush up on your numerical data handling and underwriting principles. You might get asked to solve a problem or analyse a case study during the interview, so being prepared is key.
✨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 and take the initiative to connect with us directly.
We think you need these skills to ace Underwriting Assistant in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Underwriting Assistant role. Highlight relevant skills like analytical capabilities and any experience with numerical data. We want to see how you fit into our dynamic underwriting environment!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to express your interest in the reinsurance industry and how your background in Engineering, Business Administration, or similar fields makes you a great fit for us. Keep it engaging and personal!
Showcase Your Interpersonal Skills: Since we value strong interpersonal skills, don’t forget to mention any experiences where you've built effective working relationships. Whether it's through teamwork or managing broker relationships, let us know how you connect with others!
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 your initiative and interest in joining our team!
How to prepare for a job interview at Ocean International Reinsurance
✨Know Your Numbers
As an Underwriting Assistant, you'll be dealing with a lot of numerical data. Brush up on your analytical skills and be prepared to discuss how you've handled data in the past. Maybe even bring along examples of pricing models or exposure analysis you've worked on.
✨Show Your Interpersonal Skills
This role requires strong interpersonal skills, so think about times when you've built effective relationships in diverse environments. Be ready to share specific examples that highlight your ability to communicate and collaborate with others, especially in international settings.
✨Demonstrate Your Attention to Detail
Attention to detail is crucial in underwriting. During the interview, mention instances where your meticulous nature has helped you avoid mistakes or improve processes. You might even want to prepare a few questions about their documentation processes to show you're already thinking about how to contribute.
✨Be Ready to Learn
Since this role involves learning underwriting principles and market practices, express your eagerness to grow. Share any relevant coursework or experiences that demonstrate your proactive approach to learning, and don’t hesitate to ask about training opportunities they offer.
