Assistant Underwriter

7 days ago


London, United Kingdom Avencia Consulting Full time

**About Us**

Avencia Consulting are exclusively recruiting an Assistant Underwriter position on behalf of a leading London Market Insurance provider to join their Energy and Construction team based in the company's head office on Fenchurch street and managing the organisation'sentire on-shore energy account following a centralisation of the book.

**The Role**
- Review, negotiate, accept or decline risks on behalf of the company.
- Ensure all business is thoroughly evaluated and rated, and that risks written adhere to the company's underwriting standards and individual authority limits.
- Develop relationships with brokers and clients including overseas visits and travel, where necessary.
- Support the team leader in developing new business in line with the annual divisional underwriting business plan.
- Assist with developing and modifying Policy Wordings, Clauses and Exclusions as circumstances require and as directed by team head.
- Support and represent the company on market associations and trade bodies.
- Adhere to all relevant Lloyd's guidelines and practices.

**Responsibilities**
- To act in accordance with and be an advocate of the company's Principles & Values
- You must act with integrity, due skill, care and diligence
- You must be open and co-operative with the FCA, the PRA and other regulators
- You must pay due regards to the interests of customers and treat them fairly
- You must observe proper standards of market conduct
- Participate and undertake applicable professional, technical and career development training (delivered internally and externally) to include attainment of associated qualifications where required
- Comply with external and internal regulatory and statutory policies, procedures and regulations
- Liaise with key business groups to establish, support and maintain solid business relationships and organisational effectiveness

**Education/ experience**
- Educated to degree level or equivalent standard
- Completion/progression towards ACII qualification
- Relevant work experience within the insurance industry, ideally within this specific sector.

**Skills**
- Good written and verbal communication skills
- Confident and fluent in negotiation and deal making
- Good critical reasoning, numerical reasoning, problem solving, analytical and creative thinking skills
- Technical and presentation skills appropriate for a professional setting
- Adaptable to change in a fluid commercial environment
- Comfortable working in a team environment
- Familiar with Energy
- Willing to use own initiative within authorised parameters



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