As an Assistant Underwriter, you will play a key role in supporting the underwriting team across new business, renewals, and endorsements. You will help assess and analyse submissions, review risk information, provide non-binding indications where appropriate, and ensure high-quality service is delivered to brokers and clients.
You will gain exposure to Property and Power business while developing your technical underwriting expertise and understanding of the wider reinsurance market.
Responsibilities
Underwriting & Portfolio Support
- Review, analyse and rate submissions received from brokers.
- Support underwriting decisions through data analysis, research and risk assessment.
- Assist with new business, renewals and endorsements within agreed underwriting authority levels.
- Monitor renewal pipelines and track risks throughout the underwriting lifecycle.
- Ensure contract certainty and compliance requirements are met.
- Support premium calculations, tax reporting requirements and data integrity checks.
- Work closely with credit analysts and internal stakeholders to assess financial exposures.
- Prepare underwriting reports, management information and performance data.
- Maintain accurate underwriting and submission records.
Broker & Client Relationships
- Build and maintain strong relationships with brokers and clients.
- Respond promptly to enquiries and provide a professional level of service.
- Attend broker meetings and market engagements when required.
- Support negotiations and servicing activities within the Lloyd's and London Market environment.
- Ensure all submissions and supporting information are complete and accurate.
Reporting & Operational Requirements
- Monitor credit control and support premium collection activities.
- Assist with operational reporting and ad hoc data requests.
- Support system enhancements, testing activities and process improvements.
- Collaborate with colleagues across underwriting, operations, finance, claims and compliance.
- Contribute to cross-functional projects and initiatives.
Qualifications
You have experience supporting underwriting activities within the insurance or reinsurance market and enjoy working in a fast-paced, collaborative environment. You are highly organised, detail-oriented and possess strong communication skills, enabling you to build effective relationships with brokers, clients and internal stakeholders. You are comfortable managing multiple priorities, delivering high-quality work to tight deadlines, and using your analytical skills to support sound underwriting decisions.
Essential
- Previous experience in an Assistant Underwriter, Underwriting Assistant, underwriting support, or similar insurance/reinsurance role
- Experience working within the London Market, Lloyd's market
- Strong administrative and organisational skills
- Excellent communication and stakeholder management skills
- Ability to prioritise workload and manage multiple deadlines effectively
- Strong attention to detail and analytical capability
Desirable
- ACII qualification, or progression towards a recognised insurance qualification
- Lloyd's Market Test
- Degree or equivalent experience
- Advanced Microsoft Office skills, particularly Excel and PowerPoint
Assistant Underwriter - Property and Power - SCOR Business Solutions (SBS) in London employer: SCOR
SCOR is an exceptional employer that fosters a collaborative and inclusive work culture, where employees engage with top industry professionals to tackle significant societal challenges. With a strong commitment to employee growth, SCOR offers innovative training opportunities and encourages the integration of data science and AI in its processes, ensuring that team members are at the forefront of the reinsurance industry. Located in the UK, SCOR provides a dynamic environment that values diversity and supports individuals with disabilities, making it a truly rewarding place to build a meaningful career.
