At a Glance
- Tasks: Assist in underwriting casualty and specialty programmes while supporting governance and data quality.
- Company: Join Sompo, a leading company in the insurance industry with a collaborative culture.
- Benefits: Gain valuable experience in underwriting with opportunities for career growth.
- Other info: Work closely with underwriters and brokers in the Lloyd’s market.
- Why this job: Kickstart your underwriting career in a dynamic environment with real-world impact.
- Qualifications: Interest in underwriting and strong communication skills are essential.
The predicted salary is between 63000 - 77000 £ per year.
Sompo is seeking an Assistant Underwriter in the Cross-Class Portfolio team based in London.
You will assist in underwriting casualty and specialty programme business throughout the underwriting lifecycle, working with underwriters, brokers, and operations to support governance and data quality.
The role focuses on delegated authority, portfolio management, and Lloyd’s market practices while developing toward an underwriting career in a collaborative environment.
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London Assistant Underwriter — Portfolio & Growth Path employer: Sompo
At Sompo, we pride ourselves on being an excellent employer, offering a collaborative work culture that fosters innovation and professional growth. Our London office provides unique opportunities to engage with diverse teams across the London Market, ensuring that you can develop your skills while contributing to impactful projects in Marine, Energy, and Aviation sectors. With a strong commitment to employee development and a focus on maintaining a healthy work-life balance, Sompo is the ideal place for those seeking meaningful and rewarding careers in actuarial analysis.
StudySmarter Expert Advice🤫
We think this is how you could land London Assistant Underwriter — Portfolio & Growth Path
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Sompo. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace London Assistant Underwriter — Portfolio & Growth Path
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Sompo.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Sompo's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Sompo
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Sompo.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Sompo will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Sompo employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
