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Junior Underwriting Associate
2 months ago
Position: Junior Underwriting Associate - Financial Lines Reinsurance (Credit/Political Risk)
Location: London
Employment Type: Full time, permanent
The Junior Underwriting Associate is a vital member of our underwriting team, contributing significantly to our operational success.
This role involves close collaboration with senior underwriters to facilitate informed decision-making and enhance our strategic operational initiatives.
Key Responsibilities:
- Assist in organizing and participating in client engagements
- Support risk assessment and collaborate with actuaries on pricing models
- Maintain awareness of claims developments and coordinate with the claims department
- Ensure precise scanning and indexing of risk documentation into the underwriting workflow system
- Accurately input risk information into the underwriting database
- Effectively cultivate and sustain relationships with clients and brokers
- Handle inquiries with professionalism and efficiency
- Represent MS Amlin at corporate functions and networking opportunities
- Stay abreast of industry trends and report on pertinent issues
- Participate in monitoring premium payments and liaising with brokers
- Assist in exposure management and aggregate data collection
- Comply with the Company's Business Ethics policy and all regulatory standards
This role will be fulfilling if you also...
- Have a passion for learning and keeping up with market developments
- Possess a strong attention to detail and accuracy
- Are a skilled problem solver capable of innovating and executing solutions
Required Qualifications:
- Comprehensive knowledge and relevant experience in underwriting, preferably within Reinsurance
- Strong influencing and negotiation capabilities
- Exceptional communication skills
- Robust financial and commercial insight
- Proficiency in Excel and strong numerical skills
What You Can Anticipate:
In addition to a competitive salary and benefits package, you can expect:
- A supportive team environment
- A culture that embraces innovative ideas and methodologies
- A commitment to diversity, inclusion, and equal opportunities
- Access to wellbeing and mental health support programs
- Employer-supported volunteering initiatives
- Flexible working arrangements
- Opportunities for continuous learning
- Study assistance for professional growth
- Structured pathways for career advancement
About MS Amlin:
MS Amlin is part of a leading global insurance group, MS&AD, encompassing four distinct sectors focused on global reinsurance, Lloyds franchise, local specialty insurance, and business services.
This role is situated within our Reinsurance Franchise at Lloyd's, specializing in Mergers & Acquisitions and Property & Casualty across various regions.
Conduct Guidelines:
In accordance with the SM&CR, the FCA has established Conduct Rules for all personnel within financial institutions. These rules mandate acting with integrity, exercising due care, skill, and diligence, cooperating with regulators, prioritizing customer interests, and adhering to proper market conduct.