Trainee Assistant Commercial Underwriter
Salary: £24,000 plus benefits package
Location: Central London
Our insurance based client has have a fantastic opportunity for a Trainee Assistant Commercial Underwriter to join the Commercial Underwriting team based in London.
This is an exciting opportunity to take on an interesting and varied role. Underwriting is a combination of risk assessment, sales, commercial awareness and negotiation with clients; and is key to the success of the business.
Underwriters underwrite high net worth commercial legal indemnity risks, negotiating and maximising business profitability by means of effective and flexible underwriting decision and techniques. They have significant limits and authority on cases of technical complexity and increase sales through developing relationships with new and existing clients, solicitors and brokers.
You will assist with the daily underwriting and processing of commercial and residential risks ensuring that new business is secured in addition to learning about the various risks and underwriting them effectively.
Your key responsibilities will include, reviewing/summarising files, gathering information for Underwriters and dealing with new enquiries and queries via the telephone and through written contact. You will be involved in checking policy wording, demonstrating an in-depth knowledge of policy coverage and be able to discuss this confidently with external and internal clients. You will also need to ensure that systems are maintained and updated as required.
Importantly, you will develop and maintain excellent working relationships with key clients and brokers in the UK and Europe ensuring a consistently high level of service. Ideally candidates will be proficient in a European language.
This is an excellent opportunity to grow your career within Underwriting. Our internal training programme will equip you with the knowledge and skills to progress your underwriting career. We also encourage employees to seek professional growth and development, therefore we sponsor individuals wishing to undertake professional qualifications through our Continuous Professional Development scheme.
To be successful, candidates should possess the following:-
A good degree (minimum 2:1) or a legal/insurance/property professional qualification or relevant experience
excellent communication skills with the ability to liaise at all levels
ability to develop business relationships
strong organisational and analytical skills
the ability to prioritise your workload often within tight deadlines whilst still maintaining a high attention to detail
flexibility in providing help and support for others and building good working relationships with your team colleagues
a positive, can-do approach
European languages desirable
You will need to demonstrate an interest in a sales/client facing role, be comfortable in a commercial negotiating environment, have a strong desire to succeed and be willing and able to gain knowledge quickly in order to successfully analyse risks, devise commercially viable solutions and manage relationships.
Above all, to be successful in this role you need to show enthusiasm, drive and a positive working attitude. For this you will be rewarded with the opportunity for a very successful career within an expanding global company.
If you would like to apply please for this role or the one attached, please email a copy of your CV to firstname.lastname@example.org quoting the reference number GP162 as soon as possible.