Assistant Underwriter – Liability

Job Title: Assistant Underwriter – Liability

Location: London

Salary: £50,000

Industry: Insurance

Job Type: Permanent 

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The role: 

To support the Underwriters and to underwrite small to medium sized premium risks within individual authorisation levels within the class of business. To provide analytical analysis of the class producing statistics, reports and management information when necessary. To provide communication and day to day guidance to the TPU where necessary to ensure accurate and timely risk entry and data.

Job Responsibilities:

Business Planning

• Preparation – To assist in the preparation of and calculation of underwriting figures for input into the Business Plan.
• Maintenance – To assist the Underwriters in evaluating and underwriting risks in accordance with the approved Business Plan.
• Strategy – To understand and ensure that the strategy is fully supported within the Assistant Underwriter Role.

Underwriting

• Key Relationships – Maintain key relationships in conjunction with Underwriters and Senior Underwriter.
• Capacity – Establish and maintain knowledge of internal controls and all procedures relating to underwriting. Ensuring that business is being carried out within underwriting capacity.
• Evaluation and Control – Underwrite insurance risks in accordance with the approved business plan, subject to individual authorisation levels, referring to the Underwriter as appropriate
• Business Development – Encourage dialogue with other market practitioners to gain the benefit of market information
• Peer review – To support the Division and present own risks at Peer Review meetings and to participate in discussions on risks written by other areas of division.

Experience & Skills:

• Educated to degree level or equivalent, having obtained a good overall grade in a relevant subject
• Good overall educational passes
• Sound knowledge of general, commercial insurance practices, ideally with knowledge on relevant class of business (Liability)
• Commercially aware, with a knowledge of the insurance market and external changes which would impact on our business
• Sound knowledge of regulatory and legal compliance issues
• Excellent numeric, analytical and written skills
• Excellent communication skills, both written and oral with the ability to communicate to staff at all levels
• Effective prioritisation and organisational skills
• Advanced level IT skills, including Microsoft Word, Excel and Outlook
• Experience of working within a general, commercial Insurance environment    

If you have the relevant experience or know someone that does please contact us now on 0203 411 8430 or email us at admin@lawesgroup.co.uk

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To view all Current Vacancies or for more information on our Refer a Friend scheme contact one of our consultants or visit our website www.lawesgroup.co.uk 

Please Note: Due to the sheer volume of applications we receive we will only contact successful applications. Therefore if you have not heard from us within 10 working days please deem your application as unsuccessful.