Average Assistant Underwriter salary in City of London

*** OUTSTANDING PROGRESSIVE OPPORTUNITY ***Underwriting Assistant – Commercial InsurancePurpose of Role/Job OverviewAs an experienced Underwriting Assistant, you will be immediately trained up to quickly progress to become an Assistant Underwriter with every opportunity to develop to full Underwriter level.You will provide efficient, timely and professional support to brokers, initially for Existing Business and mid term adjustments, but will be trained and fast tracked to write new business, initially on smaller risk enquiries as you develop your underwriting skills.You must have previous experience in Property & Liability for the SME Commercial package policies and at least 2 years’ experience within underwriting.You will assist the business to achieve income and profit objectives through the new business team, determine policy terms and calculate premiums in line with authority levels, demonstrate your contribution to loss ratio control by effectively adhering to Company's underwriting controls and positively reinforce and display company values and to actively drive the business forward in achieving its objectives.Key Accountabilities:Meeting and where possible, exceeding brokers service levels and expectations.Identify cover and hazards that will impact on the acceptance, pricing, or terms applicable to a risk.Understands the impact of claims and risk management on the performance of a case and demonstrates an ability to review taking these factors into account.Build and maintain strong relationships with key trading partners to maximize influence.Support the development and operation of sales campaigns to drive the acquisition of profitable business.Support wider team.Other Activities, Duties and Responsibilities:Maintain and develop market awareness.Maintain good working relationships with all internal departments.Maintain an open communication ethos with colleagues and managers.Demonstrate “model behaviours”Comply with all legal, regulatory, and contractual requirements to ensure obligations are met.Contribute to wider business activities.Operate within individual underwriting authorities and guidelines.Along with our client, we are committed to a diverse workforce and as such recruit from a wide available pool of talent, with the hiring, assessment and selection process being fair, free from bias and one which ensures the right person is selected for the job, based on merit. We treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.A copy of our D&I policy can be made available upon request.

Assistant Underwriter – Commercial InsurancePurpose of Role/Job OverviewTo provide efficient, timely and professional support to brokers for New / Existing Business and general enquiriesMust have experience in Property & Casualty for the SME package policies and at least 2 years’ experience in the SME package policies sector.To achieve income and profit objectives through the new business team, determine policy terms and calculate premiums in line with authority levels.Demonstrating your contribution to loss ratio control by effectively adhering to Company's underwriting controls.To positively reinforce and display company values and to actively drive the business forward in achieving its objectives.Key AccountabilitiesMeeting and where possible, exceeding brokers service levels and expectations.Support wider team.Identify cover and hazards that will impact on the acceptance, pricing, or terms applicable to a risk.Understands the impact of claims and risk management on the performance of a case and demonstrates an ability to review taking these factors into account.Build and maintain strong relationships with key trading partners to maximize influence.Support the development and operation of sales campaigns to drive the acquisition of profitable business.Other Activities, Duties and ResponsibilitiesMaintain and develop market awareness.Maintain good working relationships with all internal departments.Maintain an open communication ethos with colleagues and managers.Demonstrate “model behaviours”Comply with all legal, regulatory, and contractual requirements to ensure obligations are met.Contribute to wider business activities.Operate within individual underwriting authorities and guidelines.Along with our client, we are committed to a diverse workforce and as such recruit from a wide available pool of talent, with the hiring, assessment and selection process being fair, free from bias and one which ensures the right person is selected for the job, based on merit. We treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.A copy of our D&I policy can be made available upon request.

Underwriting Operations Assistant Job Market – Insurance / Underwriting / Hybrid WorkingUnderwriting Operations Assistant – About the roleMy client are a fast-growing Managing General Agent (MGA) specialising in a diverse range of insurance products, and they are looking for a proactive and detail-oriented Underwriting Operations Technician to join their team. This is a fantastic opportunity for someone passionate about client service and eager to work at the heart of the insurance industry. You will collaborate with underwriters, brokers, and other key stakeholders to deliver exceptional service and contribute to ongoing growth.Underwriting Operations Assistant – Key dutiesSupport the underwriting teams in delivering a high quality serviceEnter risk and policy data into the relevant operating systems within defined Service Level AgreementsIssuing policy documentation, producing and checking slips and endorsements within defined Service Level AgreementsEnsure all documentation is saved within the relevant management storage foldersReviewing and resolving queries around receipt of claim premiumUndertake peer reviews and quality assurance checks within defined Service Level AgreementsMaintain close communication with brokers to obtain client information, resolve queries, and ensure compliance with Service Level AgreementsEnsure all tasks are completed for month-end and closeAttend team meetings to build and maintain internal relationships and continued understanding of the businessAssist with training of new team members when requiredTake ownership of identifying inefficiencies within operations and leading transformation initiatives to drive efficiency and effectiveness within the team.Proactively identify, address, and rectify any operational errors to maintain the integrity of data and processes.Underwriting Operations Assistant – Key requirementsPrevious experience working in an insurance environment, with a desire to forge a career within Insurance Operations.Highly organised and able to manage multiple tasks efficiently, ensuring attention to detail and accuracy.Strong analytical and problem-solving skills, with the ability to handle complex queries and find effective solutions.Excellent written and verbal communication skills, able to collaborate with various stakeholders.Able to work within a team environment, supporting colleagues to meet business objectives.MS Office – Excel, Word and OutlookAlong with our client, we are committed to a diverse workforce and as such recruit from a wide available pool of talent, with the hiring, assessment and selection process being fair, free from bias and one which ensures the right person is selected for the job, based on merit. We treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.A copy of our D&I policy can be made available upon request.