Assistant Underwriter, Energy
5 months ago
The CGM Energy division are seeking an enthusiastic and driven individual to join their team. As Assistant Underwriter, you will support the underwriters with their day to day administrative and technical responsibilities and develop their own underwriting abilities. You will support the underwriting team in delivering a high-quality service by taking ownership of some of the operational functions of the team. You will develop technical and broader business skills in this specialist product line to enable them to develop the appropriate underwriting skill set, working closely with experienced Underwriters.
Key Responsibilities
Shadow Underwriters to learn the underwriting process
Assist Underwriters to gather and record broker new business and renewal submissions
Prepare and gather information required for Underwriters in order to assist with the quoting stage, including engineering reviews
Manage catastrophe modelling, liaising with the Cat Team, reviewing output and referring to the Underwriter
Learn all aspects of the portfolio
Learn all the actuarial functions
Produce periodic reports such as production, exposure summaries, rate movement and adequacy
Learn all financial, legal, regulatory and compliance as it relates to the role
Work closely with the operations departments to ensure all outstanding queries are addresses within the specified timeline
Build and maintain good relationships with brokers
Attend technical presentations and training programs internal and external to improve technical understanding of the product line
Any other ad hoc duties allocated by the Line Manager
**Qualifications**:
Experience of the London or Lloyd’s market preferably in Downstream Energy Open Market
Minimum A levels, p referably higher level qualification such as a degree
Must be willing to or have already started to study for professional examinations
Proficient in Microsoft Office, particularly Excel
Understanding of CAT models, Primary and XOL and rating models
Ability to demonstrate logical approach to processes and problems
Excellent organisational and communication skills and able to manage time effectively and prioritise work accordingly
Flexible Working
We are open to discussing flexible working arrangements. This can be discussed with the Recruitment Business Partner managing this position.
Integrity. Client focus. Respect. Excellence. Teamwork
Our core values dictate how we live and work. We’re an ethical and honest company that’s wholly committed to its clients. A business that’s engaged in mutual trust and respect for its employees and partners. A place where colleagues perform at the highest levels. And a working environment that’s collaborative and supportive.
Diversity & Inclusion
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