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Trainee Underwriter Financial Lines

Trainee Underwriter Financial Lines, City of London, Up to £30,000, Perm, Full Time

Your new company
Your new company are a leading specialty insurance group with offices in the United States, the United Kingdom, Spain and Ireland, transacting business in approximately 180 countries and underwriting more than 100 classes of specialty insurance.

Your new role
Entry level Underwriting role within a stable, highly successful and market leading insurance company.
The successful candidate will have the potential to develop into a financial Lines underwriter specialising in D&O and related products.

Job Purpose / Overview:
To support the Underwriting Manager – Financial Lines Within the first 6 to 12 months the successful candidate will develop a solid understanding of the product (wording knowledge).

Key Responsibilities:
  • Underwriting
  • Review renewal and new submissions and present the information with his/her observations in a clear manner to the Underwriting Manager for approval.
  • Ensure responses to brokers are timely and demonstrate a detailed knowledge of the product
  • Undertake a thorough review of the product and grow to show a clear and considered risk assessment across the perils offered.
  • Portfolio Management
  • Assist the Underwriting Manager in managing the CDO portfolio and assisting with the provision of management information in a timely manner. Additionally, ensuring risks are handled in a compliant manner and the file administration system is up to date. The role will require a detailed knowledge of the administration system.
  • Relationship Management
  • Maintain and develop relationships with key brokers, alongside the rest of the team.
  • Ensure queries are dealt with in a very timely manner and quotations and policy documentations are processed within appropriate time frames
  • Act with utmost integrity to promote the company and the product in an accurate and fair manner to brokers and clients

What you'll need to succeed
Skills and Experience Specification:
  • Prior industry experience (minimum 12 months)
  • Demonstrate ability to handle large volumes of business in a time sensitive environment
  • Educated to degree level in a business-related subject
  • Good communicator
  • High capabilities for analysis and the ability to work to deadlines
  • Hardworking team player

What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.
If this job isn't quite right for you but you are looking for a new position, please contact us for a confidential discussion on your career.

Summary

Job type:
Permanent
Industry
Insurance
Location
City of London
Specialism
Underwriting
Pay
Highly Competitive Salary
Ref:
3546778
Apply Now

Talk to a consultant

Talk to Emma Burden, the specialist consultant managing this position, located in London

5th Floor, 107 Cheapside, London, London, United Kingdom, EC2V 6DB

Telephone: 02034650149

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