Average Assistant Underwriter salary in the UK

Underwriter – Renovation UnderwritingLocation: LondonWe have an exciting opportunity for an Underwriter to join our market-leading team in our London office. You will be underwriting renovation insurance for our advice led delegated authority schemes in a fast-paced and high performing environment.If you are a great communicator with a keen eye for detail and the ability for strong decision-making, this is likely the role for you.What you will do as an Underwriter:This is an overview and not an exhaustive list of responsibilities. Collaborating with your line manager, you will develop your own objectives but focus on the following.• Assist with underwriting profitable renovation scheme business using both manual and automated systems.• Underwrite and administer risks (including new business, extensions, and midterm adjustments) and issue accurate, compliant documentation on behalf of Insurers within Delegated Underwriting Authority limits.• Handling of incoming telephone enquiries.• Achieve a high level of technical and data entry accuracy.• Deliver excellent internal and external customer service along with a quality and quantity of work as agreed and expected by the business.• To respond to regular business support change and task changes / updates.• Attend events, either hosting, or supporting colleagues in developing and fostering business relationships.• Conduct all business activities in line with prescribed Group business standards, service standards, and regulatory frameworks.What we are looking for in an Underwriter:• Qualifications minimum 7 GCSE Grade 7 and above. 2 A levels grade B and above. Relevant degree preferred.• Cert CII qualification (or higher).• Comprehensive underwriting knowledge and ability, preferably with an existing understanding of the specialist renovation and construction market.• A working knowledge of the legal and regulatory insurance framework.• High level of customer service focus.• Inquisitive and analytical thinker with a high level of attention to detail.• Highly organised with a focus on objectives, priorities and deliverables.• Openness and ability to adapt to business change.• Positive and effective identification and recognition of business and customer needs.• A high level of commitment, engagement and focus on the business strategies, plans and targets.• Ability to effectively communicate with internal and external stakeholders.• A continuous self-starting pursuit of market knowledge and personal development.• Strong decision-making ability.In joining Renovation Underwriting you would be joining a collaborative and supportive environment which writes many of the largest, most ambitious construction projects in the UK!#RU #LI-NW1 #LI-HybridEverywhen is an equal opportunities employer, with a growing and thriving diversity, equity and inclusion strategy; we are committed to a working environment that is free from discrimination, is inclusive, and empowers our people to bring their whole self to work and reach their full potential.If your application is successful, we will conduct relevant employment checks prior to you commencing employment with us. These will include verifying your recent employment, address, credit history and a standard criminal record check.Please note: We may close a vacancy prior to the publish end date if the required quality or number of applications has been received. Note to recruiters and employment agencies: We will not pay for unsolicited CVs from recruiters and employment agencies unless we have a signed agreement and have requested assistance, in writing, for a specific opening.

We are currently working in partnership with a large national company based in Coventry, who are recruiting for a Credit Underwriter on a 12 month fixed term contract to cover maternity leave. The position is due to start in January, and the salary on offer is £38,000.The successful candidate will join the Credit & Underwriting department and will ensure the timely management for all credit applications for private, SMEs and large corporate clients. The department also enforces and monitors the fraud prevention system, in accordance with local and Head Quarter policies.Duties will include (but are not limited to):Assessing risks by manually underwriting dealer proposals in accordance with the company credit/underwriting policy rulesEnsuring that the quality of underwriting decisions is in accordance with company tolerances and credit policy rule setsUndertaking the appropriate analysis of financial statements in order to assist in reaching timely and accurate conclusions on the ReferralEnsuring the timely evaluation of credit requests up to £100,000 with escalation to Head of Credit if exceededEnsuring Underwriting work and email queues are reviewed in accordance with agreed queue status review targetsExperience required:Minimum 3 years’ experience in an underwriting consumer credit or credit analyst position in financial servicesExperience in the automotive or consumer finance industry is advantageousSkills, knowledge and expertise required:Awareness of regulatory requirements and of the FCA HandbookProficient IT skills and competent user in Microsoft Office (Word, Excel)Minimum 3 years’ experience in an underwriting consumer credit or credit analyst position in financial servicesRewards and benefits:26 days holiday + bank holidaysPension2 x ECS vehiclesPrivate medical insurance – single coverWorking hours:37 hours per weekMonday – Friday, 9am-5pmPlease note that you require recent experience to apply for this role.James Andrews is acting as an employment agency and business in relation to this role.At James Andrews Recruitment Solutions we try to respond to all applications personally, however, due to the high volume of applications this is not always possible. If you have not heard back from us within 72 hours, please assume that your application has been unsuccessful on this occasion.Don’t forget our recommendation scheme: Recommend a friend or colleague to us and receive up to £100 each once they have completed 20 days in a role via James Andrews! Terms and conditions apply, contact us for details.

We are delighted to be working with a highly successful MGA business who are now in control of over £100m GWP. They are looking for an Existing Business Trading Underwriter to work on a hybrid basis from their Manchester City Centre office.  The Role: To build and maintain effective broker relationships by offering a high level of customer service, trading and delivering renewals within SLA's. Work closely and effectively with your team and team manager, to create and develop the new Manchester Centre of Excellence. Review, trade and invite renewals for all products within our underwriting appetite and strategy adhering to the agreed service levels. Action any renewal queries, mid-term adjustments and cancellations for your brokers and clients.Work closely and effectively with your team to ensure that all work is completed within SLA's and maintain broker relationships by offering a high level of customer service.Answer phone calls in a professional and friendly manner to develop and maintain strong relationships with external and internal customers.Large case management for renewals over £5,000 and above.Act as a referral point for Underwriting Assistants within the Team, supporting development and training where appropriate. The Candidate: A minimum of 2 years Property & Casualty Underwriting experience within a commercial environment.Excellent relationship buildings skills and a friendly and approachable mannerAn ability to prioritise and ensure deadlines are met.Excellent communication and organisational skills.Proficient in Microsoft Office products.Strong problem solving ability with a solutions focused approach to Underwriting. The Reward: Salary up to £48,000 for the right candidate.Generous private health carePension schemeExtensive Company Benefits package