Average Assistant Underwriter salary in City of London

We are working with a leading general insurance group to recruit an Underwriting and Pricing Risk Manager to support their Group Risk & Compliance function. Reporting to the Head of Financial Risk, this newly created role will play a key part in providing 2nd line oversight of underwriting and pricing risks across the business, with a focus on embedding effective model risk management and supporting the delivery of ORSA processes. Key Responsibilities include but are not limited to: Providing 2nd line oversight and assurance of underwriting and pricing risks, including deep dive reviews, policy updates, and risk event reporting. Supporting the application of the Risk Management Framework to identify, assess, and monitor material risks within underwriting and pricing functions. Assisting in the design and delivery of group-wide ORSA processes and stress testing. Helping to embed and oversee the Group's Model Risk Management Framework, with particular focus on underwriting and pricing models. Liaising with the wider Finance and Actuarial functions to support oversight of reinsurance and investment strategies. Attending and contributing to relevant governance forums such as Underwriting and Pricing Committees. This is a fantastic opportunity for a qualified or part-qualified actuary, or a financial risk professional with relevant experience, to take on a strategic oversight role in a dynamic and forward-looking environment. Prior experience in general insurance within a Solvency II and PRA-regulated setting is highly desirable. Apply below to learn more.

Underwriting Assistant London | Hybrid | Full-time Are you looking to build a career in underwriting within a dynamic and professional environment? We are seeking a highly organised and detail-oriented Underwriting Assistant to support our Crisis Management underwriting team. This is a fantastic opportunity to gain valuable experience in the Lloyd’s market while developing your skills within a supportive and forward-thinking organisation. About the Role As an Underwriting Assistant, you will play a crucial role in supporting Underwriters and Assistant Underwriters with administrative tasks, data management, and compliance processes. You will be responsible for ensuring accurate record-keeping, assisting with reporting, and liaising with brokers to maintain strong market relationships. Key Responsibilities Accurate entry of underwriting risk data into internal systemsScanning, organising, and maintaining underwriting documentsMonitoring and correcting incomplete risks and data errorsSupporting with bordereaux management and reportingAssisting in credit control and liaising with brokers for outstanding informationEnsuring compliance with regulatory and Lloyd’s requirementsSupporting the team with general administrative tasks and meeting preparations What We’re Looking For Strong written and verbal communication skillsHigh attention to detail and ability to manage multiple tasksProactive and eager to learn, with a keen interest in the insurance marketAbility to work effectively within a team and build relationships across the businessUnderstanding of compliance, regulatory requirements, and risk management (preferred but not essential) Why Join Us? Gain hands-on experience in a leading Lloyd’s market firmWork alongside experienced professionals and industry expertsHybrid working model with a collaborative team environmentCareer development and training opportunities If you’re a motivated individual looking to take your first steps into the underwriting world, we’d love to hear from you!

Underwriting Administrator / Junior Underwriting Assistant - Data Entry, Renewal Submission, Policy Creation, Data Validation, Underwriter Support; MS Office, Word, Excel, Insurance Systems; City of London / Remote Hybrid (2-3 Days Onsite). Temporary Contract, - 3 Months+ c.£135 - £150 p/day (c.£35k - £40k Equivalent) (PAYE / Umbrella).Global insurance company seeks Underwriting Administrator / Junior Underwriting Assistant to work within their Catastrophe Risk team supporting underwriters in their admin duties.The focus of the role will be data entry surrounding insurance policy renewals for corporate clients and will include handling submission email requests, logging emails, data and attachments on the various applicable insurance systems, creating new policy documents using the automated tools / systems within the department and liaising with the various members of the team(s) at each stage of the renewals process.As the Underwriting Administrator / Junior Underwriting Assistant you will use Outlook, Word, Excel (basic use), as well as various Insurance systems including Workview to create the new or renewed insurance policies and then file documents in various systems and, at times, within physical filing systems.This is a junior data entry role for someone who was been working in a similar capacity within the Insurance sector and seeks to gain more experience in the Underwriting arena. You will be an Administrator / Data Entry Clerk / Junior Underwriting Assistant who has gained some exposure, ideally within a similar Policy Renewals team. You will be used to liaising with Underwriters and have an understanding of the natural process of the administration which sits behind insurance policy creation and renewal. Any experience with Workview would be beneficial; experience with Outlook, Word and Excel (basic) essential. You will be reliable, well organised and possess strong communication skills as well as a desire to pursue a career within the insurance industry and gain exposure to CAT risk modelling and related tasks.This is a Temporary Contract role which can either be undertaken as a temporary PAYE employee of the agency or as an Umbrella Company Worker. You will need to be available immediately or within short-notice and comfortable working 2-3 days per week in the City of London, 2 remotely from home.