At a Glance
- Tasks: Join our team as a Junior Underwriter, supporting risk assessment and application processing.
- Company: Be part of a leading insurance business within a global group, known for its growth and stability.
- Benefits: Enjoy a hybrid work arrangement and opportunities for professional development.
- Other info: We value diversity and encourage all candidates to apply.
- Why this job: Kickstart your career in underwriting with hands-on experience and a supportive team culture.
- Qualifications: A degree in Finance, Economics, or Business is required; analytical skills are a must.
The predicted salary is between 28800 - 42000 £ per year.
This range is provided by Sure Exec Search. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range
Direct message the job poster from Sure Exec Search
Senior Associate - Finance & Fintech Recruitment | UK & Dubai
Location: Bromley, London
Work Arrangement: Hybrid
Start Date: Immediate
Our client, a well-established and expanding insurance business that forms part of one of the world’s largest insurance groups, is seeking a talented Junior Underwriter to join their team. You will support the Senior Underwriter in evaluating and assessing risk for new and existing applications, in the mid-market portfolio of their Financial Failure Insurance product.
This role is ideal for someone with strong analytical capabilities and a keen interest in developing a long-term career in underwriting.
Role Responsibilities:
- Application Review: Review B2B application documents for completeness and accuracy.
- Risk Assessment: Assess financial information and utilise industry and internal expertise to evaluate risk and calculate policy terms and conditions.
- Process Applications: Handle day-to-day processing of applications, including quotations, endorsements, cancellations and underwriting documentation.
- Underwriting Support: Assist in underwriting decisions for Financial Failure Insurance in accordance with company guidelines.
- Data Analysis: Collate and interpret data from a range of sources, including credit reports and financial statements.
- Report Preparation: Prepare underwriting summaries and provide informed recommendations to senior underwriters.
- Client Communication: Liaise with brokers, agents, and clients to clarify application details and request necessary information.
- Record Maintenance: Maintain accurate records in underwriting systems and support the team in adhering to compliance and regulatory standards.
- Premium Calculations: Process premium calculations for small businesses and prepare rate and risk comparison reports.
- Professional Development: Continuously develop knowledge of industry trends, underwriting procedures, and company policies.
- Degree in Finance, Economics, Business or a related field.
- Familiarity with financial analysis or risk assessment.
- Strong analytical skills, and a methodical approach to decision-making.
- Excellent verbal and written communication, with a customer-focused attitude.
- High attention to detail and organisational skills.
- Proficiency in Microsoft Office Suite and comfortable with underwriting software.
- Ability to work effectively as part of a team and independently.
- A basic understanding of underwriting principles.
- Progress towards relevant professional qualifications (e.g. CII).
If you are passionate about this opportunity and meet the qualifications and skills outlined, we encourage you to promptly submit your CV for consideration. Please note that the duties mentioned above are not exhaustive, and the role's responsibilities may evolve in response to changing circumstances and requirements.
Sure Commercial Limited (trading as Sure Exec Search) is a proud Equal Opportunities employer and does not discriminate against any candidate on the grounds of age, disability, sex, gender identity, sexual orientation, pregnancy and maternity, race, religion or belief, marriage and civil partnerships, or other applicable legally protected characteristics. Our Diversity, Equity, and Inclusion Policy is available on request.
Seniority level
-
Seniority level
Not Applicable
Employment type
-
Employment type
Full-time
Job function
-
Job function
Finance
-
Industries
Insurance
Referrals increase your chances of interviewing at Sure Exec Search by 2x
Sign in to set job alerts for “Underwriter” roles.
London, England, United Kingdom 3 weeks ago
Assistant Underwriter, UK & Ireland Casualty
London, England, United Kingdom 2 weeks ago
London, England, United Kingdom 1 week ago
South Croydon, England, United Kingdom 4 days ago
Bromley, England, United Kingdom 1 month ago
Assistant/Junior Credit and Political Risk Underwriter
City Of London, England, United Kingdom £45,000.00-£60,000.00 1 week ago
London, England, United Kingdom 2 weeks ago
Underwriter (Delegated Underwriting Authority Terror)
London, England, United Kingdom 3 weeks ago
London, England, United Kingdom 1 week ago
London, England, United Kingdom 5 days ago
Bromley, England, United Kingdom 1 month ago
London, England, United Kingdom 4 days ago
Basildon, England, United Kingdom 4 weeks ago
City Of London, England, United Kingdom 2 weeks ago
London, England, United Kingdom 3 weeks ago
Senior Underwriter (Relationship Manager) - Structured Property Finance
Property Underwriter, US Direct & Facultative
London, England, United Kingdom 4 weeks ago
Reinsurance Underwriter, International Casualty
London, England, United Kingdom 4 weeks ago
London, England, United Kingdom 1 week ago
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr
Junior Underwriter in Bromley employer: Sure Exec Search
At Sure Exec Search, we pride ourselves on being an excellent employer by fostering a collaborative work culture that values innovation and security in the rapidly evolving field of AI and emerging technologies. Located in the vibrant city of London, we offer our employees competitive benefits, opportunities for professional growth, and a chance to work alongside industry experts dedicated to responsible technology adoption. Join us to be part of a forward-thinking team that prioritises your development while making a meaningful impact in the tech landscape.
StudySmarter Expert Advice🤫
We think this is how you could land Junior Underwriter in Bromley
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Sure Exec Search). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Sure Exec Search. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Junior Underwriter in Bromley
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Sure Exec Search.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Sure Exec Search. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Sure Exec Search
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Sure Exec Search to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Sure Exec Search, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Sure Exec Search's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
