Mid Market Assistant Underwriter

Salary
£40000 - £60000 per annum
Location
London
Type
Permanent
Workplace
Hybrid
Published
Nov 4, 2024
Ref
BBBH154812_1730742482
Share this

Our client a leading global Re/Insurance company has a unique opportunity for an Assistant Underwriter to join the Middle Market London business team.

The Middle Market Underwriting team offers diverse multi-line capabilities targeted at select industry verticals such as real estate, hospitality, financial institutions, professional services, technology, and life science. They work through a network of retail brokers who share our commitment to long-term partnerships built on a strong service proposition.

What you'll be doing:

  • Prioritization and evaluation of new and renewal submissions to identify those accounts that provide the greatest opportunity for profit consistent with the business plan and corporate profit objectives.
  • Price and analyze coverage, structure and exposures on individual risks.
  • Set appropriate T&Cs per the Company underwriting strategy and guidelines to quote qualified risks.
  • Attend client/broker meetings, lunches, dinners and other social outings as applicable.
  • Exercise proper underwriting pricing and discipline to meet profitability goals, complying with underwriting guidelines, systems and procedures.
  • Expand existing portfolio of business by developing existing relationships and new prospective clients.
  • Support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture. Emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite.
  • Conducts individual account underwriting audits as and when needed.
  • Complete underwriting referral applications for risks outside of your authority for higher level approval as necessary.

What you'll bring:

  • Cross class P&C underwriting experience within the middle market space.
  • Undergraduate, Insurance or advanced degree preferred.
  • At least 3+ years of P&C underwriting experience.
  • Experience within the middle market space.
  • Established relationships with retail producers.
  • Strong negotiation skills.
  • Proficiency in Microsoft Office Suite (Excel, Word and PowerPoint).
  • Excellent communication (both written and verbal) skills.

Apply

Follow us
© Gravitas Group 2024Site by