Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Support underwriting processes for Fine Art and Specie insurance, ensuring profitability and compliance.
- Company: Join Travelers, a leading property casualty insurer with over 160 years of innovation and collaboration.
- Benefits: Enjoy hybrid work options, 25+ days holiday, private medical insurance, and wellness programmes.
- Why this job: Be part of a supportive team culture that values community involvement and personal growth.
- Qualifications: Previous insurance experience required; studying or willing to study for ACII qualification preferred.
- Other info: Flexible working arrangements available; strong emphasis on teamwork and professional development.
The predicted salary is between 36000 - 60000 £ per year.
Who Are We?
Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.
Job Category Underwriting Target Openings 1 What Is the Opportunity? We are looking for an Assistant Underwriter with Specie and Fine Art experience to join our Team in London. In this role you will use your experience in broker platforms, pricing and rating tools and exposure management analytics to support the team in managing the book’s profitability. You will be responsible for underwriting and processing new business, renewals and mid term adjustments, monitoring rate adequacy.
Travelers Europe currently offers flexibility to employees who wish to work on a hybrid basis in accordance with our Hybrid Work Arrangements Policy. This entails full time employees working three days a week in the office and two days at home (or pro rata for part-time employees). This policy may be changed at the Company’s discretion.What Will You Do?
- Support the overall profitability, growth and retention of your assigned Line of Business and consistency of all related underwriting initiatives.
- Ensure that business is written in accordance with the Company\’s policies, procedures and controls (including audit requirements) at all times, and adheres to Lloyds Underwriting Management Standards ensuring business is only accepted in accordance with:
- individual underwriting authority where relevant, with approval under the Lloyds Individual Registration Byelaw.
- the Unit\’s business plan for the relevant year.
- Utilise appropriate systems to accurately enter quotes, risks and endorsements, so as to ensure correct management, statistical and regulatory reporting.
- Assist the underwriters on a day to day basis to ensure a timely and professional service to clients.
- Promote Travelers Line of Business, distribution strategy and philosophy and provide guidance on the Company\’s underwriting philosophy, procedures and requirements by building strong partnerships with Agents, Brokers and Customers.
- May gather data and prepare reports to support the professional execution of corporate/business underwriting policies/standards.
- Perform other duties as assigned.
What Will Our Ideal Candidate Have?
- Previous experience working within London market, specifically within Fine Art and Specie insurance preferred.
- Able to effectively share information and build team support.
- Able to communicate clearly.
- Able to develop effective working relationships internally and externally.
- Able to perform in a business professional manner with a positive attitude.
- Able to determine priorities and effectively schedule time.
- Able to ask for assistance in setting deadlines.
- Expected to either already be studying, or be willing to study towards ACII qualification.
What is a Must Have?
- Previous work experience in Insurance required.
- Previous experience of Windows MS Office.
- Secondary level education or equivalent required.
What Is in It for You?
- Private Medical Insuran ce:On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents, at your expense through payroll deduction.
- Retirement: Travelers will make a core contribution of a percentage of salary to your Pension Plan. Additionally, if you decide to contribute to the plan, you will receive an increased company contribution.
- Holiday Entitlement:Start your career at Travelers with a minimum of 25 days holiday entitlement annually, plus the opportunity to purchase additional days to allow for up to a total of 35 holidays per year.
- Wellness Programme: The Travelers wellness programme is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health programme provides access to free professional counseling services and other resources that support your daily life needs.
- Volunteer Encouragement:We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards programme that enables you to give back to the charity of your choice.
Employment Practices
Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.
If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.
Travelers reserves the right to fill this position at a level above or below the level included in this posting.
To learn more about our comprehensive benefit programs please visit http://careers.travelers.com/life-at-travelers/benefits/ .
#J-18808-Ljbffr
Assistant Underwriter - Fine Art & Specie employer: Travelers
Contact Detail:
Travelers Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Underwriter - Fine Art & Specie
✨Tip Number 1
Familiarise yourself with the London market, especially in Fine Art and Specie insurance. Understanding the nuances of this niche will not only boost your confidence but also impress the hiring team at Travelers.
✨Tip Number 2
Network with professionals in the underwriting field, particularly those who have experience with broker platforms and pricing tools. Building these connections can provide you with valuable insights and potentially lead to referrals.
✨Tip Number 3
Stay updated on industry trends and regulatory changes affecting Fine Art and Specie insurance. Demonstrating your knowledge during interviews can set you apart from other candidates.
✨Tip Number 4
Consider joining relevant professional associations or groups related to underwriting and insurance. This can enhance your credibility and show your commitment to the field, making you a more attractive candidate for the role.
We think you need these skills to ace Assistant Underwriter - Fine Art & Specie
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in Fine Art and Specie insurance. Include specific examples of your work with broker platforms, pricing tools, and exposure management analytics to demonstrate your suitability for the role.
Craft a Compelling Cover Letter: Write a cover letter that reflects your passion for underwriting and your understanding of Travelers' commitment to customer care. Mention how your previous experience aligns with the responsibilities outlined in the job description.
Highlight Relevant Skills: In your application, emphasise skills such as effective communication, relationship building, and time management. These are crucial for the role and should be backed up with examples from your past experiences.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is essential in the underwriting field.
How to prepare for a job interview at Travelers
✨Know Your Fine Art & Specie Insurance
Make sure you brush up on your knowledge of Fine Art and Specie insurance. Understand the key concepts, common risks, and underwriting practices specific to this niche. This will show your potential employer that you're genuinely interested and knowledgeable about the field.
✨Familiarise Yourself with Broker Platforms
Since the role involves working with broker platforms, it’s essential to be familiar with how these systems operate. If possible, try to get hands-on experience or at least read up on the most commonly used platforms in the industry to demonstrate your readiness.
✨Prepare Questions for Your Interviewers
Think of insightful questions to ask during your interview. This could include inquiries about the company's underwriting philosophy or how they measure profitability in Fine Art and Specie. Asking questions shows your engagement and interest in the role.
✨Showcase Your Teamwork Skills
The job requires building strong partnerships with agents, brokers, and customers. Be prepared to share examples from your past experiences where you successfully collaborated with others. Highlighting your ability to work well in a team will resonate well with the interviewers.
