Average Assistant Underwriter salary in London

Primary Details Time Type: Full time Worker Type: Employee Assistant Underwriter – FILondon, with hybrid workingWe currently have an opportunity for an Assistant Underwriter within our FI (Financial Institutions) team. This is a great opportunity to join a team with long-standing, successful client relationships and define your career within FI underwriting. Surrounded by supportive, experienced colleagues this market-facing role will provide full exposure across the underwriting lifecycle. Your new role Perform underwriting activities in accordance with all legal and regulatory requirements to ensure obligations are metContribute to the recording and measurement of insurance risks to ensure accuracy and good practiceMaintain relationships with stakeholders including customers, brokers, business partners and colleagues, to increase exposure in the market.Develop knowledge of market dynamics and market cycles to be able to support business performance.Underwrite insurance risks in accordance with the business plan and delegated underwriting authority to meet business objectives, referring as required, including: | negotiating rates, terms and conditions for existing and new business | ensuring compliance with internal and external regulations and guidelines | contributing to the business plan and objectives | Support credit control in payment collectionApply the reinsurance programme to minimize the susceptibility to unknown risksContribute to the planning process through research and project workParticipate in meetings to support the development of strategy, share knowledge and best practice About you Experience in Underwriting or Underwriting support, ideally within Financial Lines.Good technical, analytical skills with the ability to interpret data and identify trendsIntermediate level understanding of relevant software including Excel and other departmental software packagesTeam player with the ability to work collaboratively and develop strong working relationshipsFlexible approach and ability to recognise and adapt to changing business requirements Why QBE? At My Best??  At QBE, we want our people to feel rewarded and inspired to perform at their best, that’s why we have created “At My Best”. It’s our connection, our way of showing we have your back. We understand that one size doesn’t fit all and that priorities can change depending on your life stage. That is why our blend of wellbeing initiatives and benefits offer flexibility to suit what matters most to you. It’s in the culture of our business, our QBE DNA, to support our people. Everything we do is underpinned by our QBE DNA.??  We’re an international insurer that’s building momentum towards realising our vision of becoming the most consistent and innovative risk partner. We can never really predict what’s around the corner, but at QBE we’re asking the right questions to enable a more resilient future – helping those around us build strength and embrace change to their advantage.??  QBE aims to build a workplace that is fair and inclusive because we want to attract and retain the best people to do the job, we have adopted flexible working across the company and welcome this conversation (https://careers/flex-qbe/).?  With more than more than 13,000 people working across 27 countries, we’re big enough to make a real impact, but small enough to provide a friendly workplace, where people are down-to-earth, passionate, and kind.??  To find out more about why you should work for QBE, visit our careers website.?  At My Best - QBE Benefits??  You are more than your work – and QBE is more than a workplace, which is why we provide you with the benefits, support and flexibility to help you concentrate on living your best life personally and professionally.? As well as the benefits below we also offer an extensive choice of other options to suit you!??  30 days holiday a year with the option to buy up to 2 additional days.?  Flexible working - balancing work and life is important so our flexible working opportunities are open to all, this can include part-time, job share and compressed hours.?  Pension – you are automatically enrolled into the QBE pension plan, which entitles you to receive employer contributions of 10% of your basic salary.?  Private medical insurance – we fund fully comprehensive private medical cover for you and all the family.??  Family friendly policies – we offer 26 weeks leave at full pay regardless of gender identity, sexual orientation or how you become a parent.?  Short term remote work abroad - you can request up to 20 days per year to work remotely from certain locations abroad.?  Sustainable investing - we believe sustainable integration is important for long term financial, environmental, and social outcomes. Our pension strategy supports our net-zero goal to achieve year-on-year reductions in carbon footprint, by investing more in green businesses than the broader market, so your savings are looking after the planet's future, as well as your own.?  Cycle-to-Work – benefit from regular exercise whilst making your commute greener and cheaper, select and bike and/or accessories up to the value of £5,000.?  To find out more visit our? Reward Page?  QBE Awards??  Some of the award’s QBE are proud to have won, been a finalist for, and shortlisted for include;??  AXCO Global Insurance Awards 2024 Winner: Network Management of the Year?  Insurance Business UK 5-Star Cyber Awards 2024: QBE rated as a 5-Star Cyber Insurer?  UK IT Industry Awards 2023 Winner: Green Technology Innovation of the Year?  Working Dads Employer Awards 2023 Winner: Parental Policies Award?  Insurance Post British Insurance Awards 2023: QBE rated as a 5-Star Employee  You can view all our awards here?  Inclusion of Diversity?  We are striving to create a workplace culture where all our people feel included, and we are committed to building a diverse workforce that is reflective of the communities we operate in.? We are proud to have partnerships with organisations such as Stonewall

Primary Details Time Type: Full time Worker Type: Employee Assistant Underwriter Casualty – Reinsurance (London/Hybrid) The Opportunity: We have a great opportunity for an experienced Reinsurance Assistant Underwriter to join our talented Casualty team at QBE Re in London. This is an exciting opportunity for an existing Assistant Underwriter looking for progression opportunities to support the growth of this diverse portfolio which includes Motor, Professional Indemnity, Financial Institutions, Cyber and International General Liability. With hybrid working and excellent benefits you will be working alongside a highly regarded team in a supportive and inclusive environment. We are looking for a re-insurance professional who is looking to further their career. Your new role:   Underwrite reinsurance risks in accordance with the business plan and delegated underwriting authority to meet business objectives, referring as required, including: costing and negotiating rates, terms and conditions for existing and new businessensuring compliance with internal and external regulations and guidelinescontributing to the business plan and objectives Perform underwriting activities in accordance with all legal and regulatory requirements to ensure obligations are metEstablish and maintain relationships with stakeholders including cedents, brokers, business partners and colleaguesSupport the review and analysis of the portfolio to identify progress towards business objectivesParticipate in meetings, as required, to support the development of strategy, share knowledge and best practiceSupport the RDS and Aggregate exposure monitoring processes About you: Previous experience in an Assistant Underwriter role is required with the ambition to progress.Strong numeracy and data analysis skills with the ability to identify, manipulate and analysis existing dataGood technical knowledge across Microsoft office, specifically Excel with a high level of comfort working with large data-sets, pivot tables and v-look-upsExcellent communication skills with the ability to build rapport and manage external stakeholder relationshipsFlexible approach and ability to recognise and adapt to changing business requirements  At My Best - QBE Benefits??  You are more than your work – and QBE is more than a workplace, which is why we provide you with the benefits, support and flexibility to help you concentrate on living your best life personally and professionally.? FOR UK ONLY: As well as the benefits below we also offer an extensive choice of other options to suit you!??  30 days holiday a year with the option to buy up to 2 additional days.? Flexible working - balancing work and life is important so our flexible working opportunities are open to all, this can include part-time, job share and compressed hours.? Pension – you are automatically enrolled into the QBE pension plan, which entitles you to receive employer contributions of 10% of your basic salary.? Private medical insurance – we fund fully comprehensive private medical cover for you and all the family.?? Family friendly policies – we offer 26 weeks leave at full pay regardless of gender identity, sexual orientation or how you become a parent.? Short term remote work abroad - you can request up to 20 days per year to work remotely from certain locations abroad.? Sustainable investing - we believe sustainable integration is important for long term financial, environmental, and social outcomes. Our pension strategy supports our net-zero goal to achieve year-on-year reductions in carbon footprint, by investing more in green businesses than the broader market, so your savings are looking after the planet's future, as well as your own.? Cycle-to-Work – benefit from regular exercise whilst making your commute greener and cheaper, select and bike and/or accessories up to the value of £5,000.?  To find out more visit our? Reward Page?  QBE Awards??  Some of the award’s QBE are proud to have won, been a finalist for, and shortlisted for include;??  AXCO Global Insurance Awards 2024 Winner: Network Management of the Year?  Insurance Business UK 5-Star Cyber Awards 2024: QBE rated as a 5-Star Cyber Insurer?  UK IT Industry Awards 2023 Winner: Green Technology Innovation of the Year?  Working Dads Employer Awards 2023 Winner: Parental Policies Award?  Insurance Post British Insurance Awards 2023: QBE rated as a 5-Star Employee  You can view all our awards here?  Inclusion of Diversity?  We are striving to create a workplace culture where all our people feel included, and we are committed to building a diverse workforce that is reflective of the communities we operate in.? We are proud to have partnerships with organisations such as Stonewall and Working Families, and our commitment to the Women in Finance Charter, the UN Women’s Empowerment Principles and Race at Work charter helps keep us accountable and transparent. For more information on our strategy targets please take a look at our Careers Page?  Accessibility??  Here at QBE, we are promoting an accessible workplace for all, which includes supporting candidates to perform at their best during their recruitment process. If you require any accommodations, please make your Talent Acquisition contact aware.?  ESG & Sustainability?  At QBE, we believe that integrating sustainability into our business helps us deliver on our purpose of enabling a more resilient future.? Our three key focus areas include fostering an orderly and inclusive transition to a net-zero economy, enabling a sustainable and resilient workforce, and partnering for growth through innovative, sustainable, and impactful solutions. For further information regarding QBE’s sustainability targets, including our net-zero pledges and inclusion of diversity targets, and our award-winning impact investment initiative ‘Premiums4Good’, please visit our Sustainability homepage and read our latest Sustainability Report??  What next? If you have a passion to contribute to QBE’s vision of enabling a more resilient future for our customers and the community, we enc

An exciting opportunity for an experienced commercial underwriter to join a thriving schemes broker based in Croydon. As an underwriter you play a pivotal role in supporting their direct and wholesale teams by handling various underwriting referrals and inquires. You will also contribute to coaching and developing others and well as providing technical contact for their Operations trainer.  Key Responsibilities: Underwrite new business quotations, mid-term adjustments, and renewals within delegated authority guidelines.Handle technical team queries by phone and email.Conduct triage on system-generated renewals and identify policies that require additional information.Refer scenarios outside of delegated authority to insurers for pricing, coverage, and policy conditions.Ensure compliance with regulatory procedures and adhere to team KPIs, service standards, and targets.Contribute to coaching and training and promote a culture of excellent customer service and continuous improvement. Qualifications and Experience: A minimum of 3 years commercial combined underwriting experience gained either working for a MGA, Insurer or Schemes Broker.Broad range of commercial insurance experience is desirableStrong understanding of best practices in customer service.Proficiency in underwriting software, such as Acturis.Excellent communication skills, both verbal and written, with the ability to communicate effectively at all levels.Strong attention to detail, excellent time management, and the ability to work under pressure.  Benefits: Competitive salary and benefits packageHybrid working/ flexible working arrangementsOpportunities for professional development and growthSupportive and inclusive company culture Please apply for the vacancy with your latest CV. Please note that our consultants are trying their best to assist you, however, if you do not hear from us within 2 working days then please consider your application unsuccessful at this stage. At Insure Recruitment, we work with clients who are dedicated to building a diverse, inclusive, and authentic workplace. So, if you’re excited about this role but your past experience doesn’t align perfectly with every qualification or criteria in the above description, we encourage you to apply anyway. You may be exactly what we’re looking for in this or other roles.