Underwriting Apprentice

4 weeks ago


London, United Kingdom MS Amlin Full time

Underwriting Apprentice
- The underwriting apprentice role will be part of a busy team supporting with the day to day underwriting activities. This will include looking after data and making sure its managed smoothly and keeping to required time frames. The apprentice will support the underwriters to underwrite various allocated accounts in line with the business plan. They will also support that produces a return to capital providers in accordance with the divisional business plans. The apprentice will also provide technical and administrative support to Underwriters. This work will include some statistical analysis and reporting on business activity. In addition, the apprentice will support with the production of relevant reports to ensure the team is meeting its regulatory requirements internally and externally. This is a role that is at the heart of everything we do.
- This apprentice role primarily focused on providing support to underwriters.
- About The Job
- What you’ll spend your time doing:
While there is rarely a ‘typical’ day within the underwriting team, here’s a snapshot of some of the key parts of the job:

- Supporting the delivery of client-facing transactional service activities
- Assisting in the day-to-day running of client risk and insurance programmes
- Contributing proactively to client satisfaction, retention and profitability
- Carrying out administrative tasks contributing to your underwriting team
- Inputting data accurately to maintain management information
- Setting up references for new & renewal accounts.
- Making sure all risks are actioned accordingly in our internal system. (S2000)
- Save any relevant documents to the system
- Ad hoc reporting, renewals lists, looking after and analysing monthly rates, aggregate and premium projections and monitoring
- Responding to bdx queries and exceptions on IQcanvases
- Assist with creating various reports i.e. data fitness reports
- Build effective relationships with own peer group within the market to ensure continued growth
- Remain alert to developments affecting the business of the class.
- Participate in the monitoring of underwriting against the Business Plan drawing attention to exceptions where identified.
- Assist with resolving standard risk review queries
- You’re going to enjoy this job if you also
- Curious
- Good communicator and negotiation skills
- Team player
- Attention to detail
- Numerical skills
- Analytical and critical thinking
- Enjoy maths and stats
- Have an eye for detail
- Are a strong problem solver
- Can explain complex data in simple terms
- What you’ll need:

- GCSE in Maths and English or equivalent at grade 4 or above
- A ‘Level results in A-C range
- What you can expect from us:

- Salary and benefits package is provided, but you can also expect:

- A great team and supportive colleagues
- An open mind (especially to new ideas and ways of doing things)
- A strong focus on diversity, inclusion and equal opportunities
- A programme of wellbeing and mental health support
- Employer-supported volunteering (ESV)
- Flexible working
- Continuous learning
- Study support
- Structured career development
- About MS Amlin
- MS Amlin is part of a global top-10 insurance group MS&AD, with three main legal entities operating in the Lloyd’s (MS Amlin Underwriting Limited), UK & Continental European (MS Amlin Insurance SE) and Swiss and Bermudian (MS Reinsurance) markets. We have an enviable reputation for our customer knowledge, claims service and the specialist insurance and reinsurance expertise we apply. We provide the type of security leading organisations need to break new ground, innovate and offer life-changing services and amenities to some of the world’s most challenging regions. Through our parent company, our record extends back over 300 years and today we have more than 1800 (TBC) people in 15 locations worldwide.
- We are experts in underwriting, with both technical capability and deep knowledge of the areas we insure. Our claims service aims for equality, with efficient, fair and timely claims management.
- We’re going through an exciting period of modernisation and transformation for which we need entrepreneurial thinkers to help execute our strategic vision for growth. We’re on a dynamic path and we need your to help shape it.
- MS Amlin is committed to taking a flexible approach to working to allow our employees more control over when and where they work, while still continuing to meet our client demands. This flexible approach continues into our benefit scheme, with a competitive package and attractive lifestyle fund.
- About MS Amlin Underwriting Limited
- The MS Amlin group of companies delivered approximately £2.8bn of premium in 2021, around half of which was placed via the Lloyd’s platform through Syndicate 2001, one of the largest Lloyd’s syndicates.
- Operating through its Lloyd’s Syndicate, MS Amlin writes a diverse (re)insurance portfolio, supporting clients



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