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Assistant Underwriter
£35000.00 - £40000.00 per annum
City of London, Greater London
MW Appointments
Our client who is a Lloyds Managing Agency is looking for an Assistant Underwriter to join their expanding Commercial department in the London. The purpose of the role is to assist Underwriters while underwriting Commercial lines of business to include Property, Liability and Construction policies.
Main Duties:
* To provide efficient, timely and professional support to Brokers n respect of New Business Quotations and General Underwriting Enquiries
* Determine policy terms and calculating premiums in line with both in-house authority limits and insurer binding authority agreements
* Demonstrating your contribution to loss ratio control by effectively adhering to Company's underwriting controls.
* Meeting and where possible, exceeding brokers service levels and expectations.
* Identifies cover and hazards that will impact on the acceptance, pricing, or terms applicable to a risk.
* Build and maintain strong relationships with key trading partners to maximize influence.
Essential Skills Required:
* Previous experience within a similar Insurance role
* Good knowledge of Underwriting procedures
* Achieved or studying Cert CII
* Good communication and organizational skills
Desirable:
* Good organisation skills
* Strong IT skills
What you need to know:
* Permanent role
* Based in London - Hybrid
* Salary between £35,000 - £40,000
* A great opportunity to join a growing organisation with lots of training and development opportunities.
* A very inclusive and fair opportunities employer
REF: 9231
Interested? Please apply today and we will contact you by return.
MW Appointments has been recruiting in the Insurance market since 1992, so you will benefit from partnering with a market leader who possess in-depth technical understanding, comprehensive market in-sight, excellent market intelligence and well-established relationships with companies across the insurance sector.
MW Appointments is acting as an Employment Agency in relation to this vacancy.
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