Average Assistant Underwriter salary in London

Robert Half is partnering with a leading travel organisation to recruit an Underwriting Assistant for an initial 8 month rolling contract Responsibilities Process and administer new and renewal applications for bonds, insurance policies, and memberships. Verify completeness and accuracy of application information prior to underwriting review. Draft and issue renewal invitations, quotations, indemnities, bonds, and policy documents. Maintain accurate records and client data on internal systems. Support the Underwriting Director and underwriters with day-to-day tasks and case management. Provide a high standard of service to both new and existing clients, guiding them through the application process. Respond to enquiries in a professional and knowledgeable manner, ensuring timely resolution and follow-up. Experience: 3 + years experience in underwriting or experience as an Underwriting Assistant - working within travel insurance would be highly desirable Excellent attention to detail and ability to manage multiple tasks and deadlines. To carry out the administrative processes for new and renewing bonds, policies and memberships to the standards set by the company. Familiarity with insurance policies, terminology, and underwriting processes Strong communication and customer service skills. Understanding of data privacy and insurance regulations Ability to maintain confidentiality of client and company information Proficient in Microsoft Office and comfortable working with databases and client management systems. Organisation: Initial 8-month contract - Underwriting Assistant 4 days per week in the London Office Day rate - Inside IR35 Robert Half Ltd acts as an employment business for temporary positions and an employment agency for permanent positions. Robert Half is committed to diversity, equity and inclusion. Suitable candidates with equivalent qualifications and more or less experience can apply. Rates of pay and salary ranges are dependent upon your experience, qualifications and training. If you wish to apply, please read our Privacy Notice describing how we may process, disclose and store your personal data: gb/en/privacy-notice.

Job Title: Assistant Underwriter Department: Property Insurance Location: London Company Profile: Our client is one of the largest, independent Managing General Agent(MGA). Their flexible products and blend of traditional values with modern technology ensure a seamless experience that sets the benchmark for customer service in the industry. Purpose of Role/Job Overview: To provide efficient, timely and professional support to the brokers for New Business and general enquiriesMust have experience in Property 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.To positively reinforce and display the clients values and to actively drive the business forward in achieving its objectives. Key Accountabilities: Meeting and where possible, exceeding brokers service levels and expectations.Support wider teamIdentify 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. Knowledge: An understanding of the UK insurance marketA broad knowledge of SME Property owners and/or Commercial insuranceA thorough understanding of underwriting processes Skills/Abilities/ Competencies: Good communication and organizational skillsAbility to manage time effectively, set priorities and meet deadlinesAbility to learn and adapt to changeDesire/ability to work successfully in a small company environmentProven ability in developing key working relationships and business opportunitiesUnderstanding of good negotiation and decision- making skillsMarket knowledge of legal and regulatory requirements as well as technical proficiency on wordingsA strong level of numeracy, analytical and literacy skillsStrong organizational and prioritization skillsThe ability to influence actions and attitudes of others through leading by exampleAn understanding of the UK insurance marketA broad knowledge of SME Property owners and/or Commercial insuranceA thorough understanding of underwriting processesMinimum of 2 years relevant experience in the insurance industryA minimum of five GCSE’s (A*-C grades, to include Maths and English) or equivalentCERT CII, DIP CII or equivalent Personal Attributes A friendly professional demeanor and ability to excel in a team-oriented environmentNatural at giving direction to and mentoring less experienced colleaguesDriven to go 'above and beyond’ to provide bestin class service to insurer and broker partners 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.

Technical Underwriter Hybrid from Central London or Bromley, Kent (2-3 days in the office) Initial one year contract - likely to turn permanent. Package: c£45,000 p.a. + 10-15% bonus + share options + benefits Our client has over 60 years’ experience as an underwriting agency, with a network of over 1,000 supporting brokers throughout the UK. They are an established Lloyd's Coverholder and Lloyd's Broker. Part of a global insurance group they are primarily used for arranging capacity for their own managed products but do utilise their London Market relationships to arrange facilities and schemes for other Insurance Intermediaries who have affinity or niche portfolios. Fantastic opportunity for an experienced Underwriter to join a growing & innovative business. Duties for Technical Underwriter Assisting maintenance and updating of the Underwriting System, Technical underwriting guides, endorsements, referrals from the trading teams, conduct risk and underwriting technical controls.Focusing on Underwriting quality, including assisting with conducting QA , large case/claim reviews and reviewing & updating exception reportsContributing to research and assisting in the Product Lifecycle and Ongoing Product Governance Process including FVA for our schemesContributing to group transformation project assisting migrating product specifications to build the product from a technical underwriting perspective supporting the wider technical teamBuilding and maintaining relationships with all teams and the wider group.Ensure technical documentation is compliant with regulatory and binder requirementsEnsure all scheme and product underwriting guides are in place and regularly updated and re-issued appropriatelyEnsure technical underwriting endorsements maintain contract certainty and are kept up to date with any technical documentation system changes.Manage manually applied technical underwriting endorsements in accordance with our authority.Respond to internal referrals from Trading and Claims teammatesWork alongside Underwriting Governance and Product teams to ensure the oversight process is managed in line with the required frequency or when changes required, or when launching new products and ensure all technical documentation suite is signed off by the required deadlinesContribute to creation, maintenance, version control and review of wordings, FAQs, Product SummariesAssist in testing any changes made within our systems to ensure complianceAssist in maintaining exception reports, embed in operation and monitorAssist with Data and MI analysis ready for the team to analyse, update and maintain performance reports for internal and external use to ensure we are hitting agreed targetsAssist in maintaining and reviewing Underwriting Licences Experience Required for Technical Underwriter Previous Commercial Underwriting /Technical Underwriting experience is essential. #underwriting #bromleyjobs #insurance