Graduate Trainee Underwriting and Products

2 weeks ago

London, United Kingdom Great Lakes Insurance SE Full time

Together, we engage with everything we have and are, to help humankind act braver and better.

About Great Lakes Insurance:

As specialty provider of primary insurance services in the UK, Great Lakes London Branch (“ GLLB ”) is a substantial part of Great Lakes Insurance SE in Munich. Our interlocked business model is to seize opportunities closely connected to the reinsurance core business and innovation opportunities, in our role as an integral part of the Munich Re Group. Great Lakes Insurance SE operates from its headquarters in Munich, and via branch offices in UK, Ireland, Switzerland, Italy and Australia. 

Great Lakes Insurance UK Limited (“ GLLS ”), regulated by Prudential Regulation Authority and the Financial Conduct Authority, is a fully owned subsidiary of Great Lakes Insurance SE and acts as the preferred facilitator of agency insurance business in the UK in the post-Brexit world.

It is an exciting time to join our growing and evolving organisation, help us shape the future of primary insurance service provision

About the role:

This is a two year temporary contract suitable for a graduate, based at Great Lakes’ office London. The role will be support the Underwriting and Product Team with the oversight of our products to ensure fair value to our customers and analysis of product metrics and lend a hand to multiple areas of the business to ensure appropriate oversight of the products distributed by GLISE. The Graduate trainee will be part of a small team responsible for approving and monitoring insurance products.

Key Responsibilities:

Your role in the Actuarial Pricing Team will involve assisting other members of the Actuarial Pricing team with their tasks, including the following:

To support the team in implementing, embedding and managing activities in relation to regular and effective monitoring data of the products under our remit. Assist the team in managing the schedule for reviews, managing the in-house resources effectively. Support the team in providing the qualitative analysis of Fair Value Assessments, written report and the feedback to the various stakeholders arising from the review, document the feedback and monitor the outcomes of the review, ensuring that recommendations are achieved within the timeframes Support the Pricing Manager in specific in-depth reviews of pricing of products. Assist in the design and implementation of Power BI dashboards for continuous monitoring of products. Assist our agents with the design and build of dashboards. Look at data analysis solutions for the Underwriting and Product Team. Supporting ‘business as usual’ activities for the Underwriting and Product Team

Thought Leaders:

You demonstrate inclusive behaviour and encourage your colleagues to play an active role in creating an inclusive culture as well.

You support a culture in which ethical conduct is expected, recognised, valued and embodied by all.

You treat everyone fairly and with respect.

Regulatory & Conduct Requirements:

Ensuring compliance with Munich Re’s Code of Conduct and the FCA Conduct Rules.

Competencies:

Nimble learning (we think big) – you actively learn by tackling new problems and trying out new

solutions, quickly learning from both successes and failures.

Collaborates (we lead the ‘we’) – you work together with others in your team, the department and

wider business (where relevant) to meet shared commitments.

Optimises work processes (we grow with our clients) – you know the most effective and efficient

processes to get things done and are constantly assessing how they can be improved.

Resourcefulness (we care and dare) – you find a way to get things done with the best use of the

resources available to you, knowing when to ask for support from others, but also offering your

support to others where you feel your expertise, knowledge and skills can add value.

Communicates effectively (we are clear and authentic) – you communicate clearly and

appropriately with your audience. You also share ideas, learn from others and keep stakeholders

informed about progress, problems, opportunities and solutions, soliciting feedback along the

way.

Key Skills & Experience:

Strong analytical skills Knowledge of Power BI, R and/or similar coding languages Excellent organisational skills

Qualifications and Educational Requirements:

• University degree or insurance qualifications;

• data analytics experience with relevant software training

Benefits 

You will be rewarded with a great compensation package, on target bonus, 25 days annual leave with the option to purchase more along with private medical insurance and employers' contributory pension of 10%.

Munich Re is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all our employees.

  • GRADUATE/Trainee Underwriting Assistant

    6 days ago

    City of London, Greater London, United Kingdom MW Appointments. Full time

    Our client who is an Underwriting Agency is looking for a Graduate Trainee Underwriting Assistant to join their expanding Casualty Team in their City office.

  • Graduate Trainee Underwriting and Products

    2 weeks ago

    London, United Kingdom Munich Re Full time

    Graduate Trainee Underwriting and Products Company Great Lakes Insurance SE Location London , United KingdomTogether, we engage with everything we have and are, to help humankind act braver and better.About Great Lakes Insurance:As specialty provider of primary insurance services in the UK, Great Lakes London Branch ("GLLB") is a substantial part of...

  • Graduate Trainee Underwriting and Products

    2 weeks ago

    London, Greater London, United Kingdom Munich Re Full time

    Graduate Trainee Underwriting and Products Company Great Lakes Insurance SE Location London , United KingdomTogether, we engage with everything we have and are, to help humankind act braver and better.About Great Lakes Insurance:As specialty provider of primary insurance services in the UK, Great Lakes London Branch ("GLLB") is a substantial part of...

  • Graduate Trainee Underwriting Assistant

    6 days ago

    City of London, Greater London, United Kingdom MW Appointments. Full time

    Our client who is an Underwriting Agency is looking for a Graduate Trainee Underwriting Assistant to join their expanding Casualty Team in their City office. The purpose of the role is to directly support the underwriting process for healthcare liability (HCL) business including pre-quote, pre-bind, bind and post-bind transactions. Main Duties: ...

  • Graduate Trainee Underwriting and Products

    2 weeks ago

    London, United Kingdom Munich Re Full time

    Graduate Trainee Underwriting and Products Company Great Lakes Insurance SE Location London, United Kingdom Together, we engage with everything we have and are, to help humankind act braver and better. About Great Lakes Insurance: As specialty provider of primary insurance services in the UK, Great Lakes London Branch (“ GLLB ”) is a...

  • Graduate Trainee Underwriting and Products

    2 weeks ago

    London, United Kingdom Munich Re Full time

    Together, we engage with everything we have and are, to help humankind act braver and better.About Great Lakes Insurance:As specialty provider of primary insurance services in the UK, Great Lakes London Branch ("GLLB") is a substantial part of Great Lakes Insurance SE in Munich. Our interlocked business model is to seize opportunities closely connected to...

  • Graduate Trainee

    3 weeks ago

    North London, United Kingdom Noir Resourcing Full time

    **Graduate Trainee - Full Time** **Watford** Our client is poised for growth, and we need to recruit a Graduate Trainee to support their senior management team along the way. They are looking for someone who can be the face of our company, providing attentive service at every turn. **Graduate Trainee Objectives**: - Gain a complete understanding of...

  • Graduate Trainee

    7 days ago

    North London, United Kingdom Noir Resourcing Full time

    **Graduate Trainee - Full Time** **Watford** Our client is poised for growth, and we need to recruit a Graduate Trainee to support their senior management team along the way. They are looking for someone who can be the face of our company, providing attentive service at every turn. **Graduate Trainee Objectives**: - Gain a complete understanding of...

  • Graduate Commodities Executive Trainee

    7 days ago

    London, United Kingdom Graduate Recruitment Bureau Full time

    An incredible opportunity has arisen for a commercially-minded graduate to join a commodities trading company in central London in a trainee role. With 100 years in industry, they are a world-leader who specialise in trading and supplying metal commodities to businesses and manufacturers globally. Based out of their head office in central London, you will...

  • Graduate - Underwriting Assistant

    5 days ago

    London, United Kingdom Spinnaker Full time

    Provide support to Underwriters in the handling of Members, potential members and their brokers underwriting requirements, as set out in the Underwriting Policy, procedures and the Association’s Business Plan. You will be assisting the Underwriter in collating and analysing data, ensuring entries are added to the computer within strict time frames,...

  • Trainee Underwriting Assistant

    2 weeks ago

    London, United Kingdom MW Appointments Full time

    Job: Trainee Underwriting Assistant **Salary**: £20,000 Location: London A Lloyd's Syndicate is looking to recruit a recent school/ college leaver to join their Underwriting team as an Underwriting Assistant within UK and Commercial Casualty. MAIN DUTIES: - Administers accurate and timely logging of data onto the relevant systems prior to passing over...

  • Graduate Underwriters Assistant

    3 weeks ago

    London, United Kingdom MB Fitzgerald Full time

    Underwriter's Assistant (Property Treaty) £Assist underwriters in the evaluation and analysis of property treaty insurance submissions. Conduct research and gather data to support underwriting decisions. You are a recent Graduate or equivalent looking to get in to the Lloyd’s market Previous experience in the insurance industry or work experience in...

  • Graduate Insurance Underwriter

    2 weeks ago

    London, United Kingdom Itab Recruitment Full time

    Role Junior Underwriter (UA) - Insurance -Lloyds Syndicate Position Permanent Location London Hybrid Salary £25-30K, Bonus, Benefits, Gym Membership My client a leading a Lloyds syndicate, are currently looking for a Junior Underwriter . You will join a successful and fast-growing company that has a huge emphasis on data driven technology. They...

  • Graduate Insurance Underwriter

    2 weeks ago

    London, United Kingdom Itab Recruitment Full time

    Role Junior Underwriter (UA) - Insurance -Lloyds Syndicate Position Permanent Location London Hybrid Salary £25-30K, Bonus, Benefits, Gym Membership My client a leading a Lloyds syndicate, are currently looking for a Junior Underwriter . You will join a successful and fast-growing company that has a huge emphasis on data driven technology. They...

  • Underwriter (Property, Package, SME)

    2 weeks ago

    London, United Kingdom Instant Underwriting Full time

    The JobWe’re excited to be adding to our team - we're looking for an Underwriter (Property, SME Package) who has worked in the UK industry and can hit the ground running that is aligned with our core brand principles.Who You are Ideally have 3 years Underwriting Insurance Experience.Previously worked at another UK MGA.Worked with the online trading...

  • Graduate Trainee Actuary

    2 days ago

    London, United Kingdom Citygrad Full time

    We are currently looking for ambitious 2023 graduates to join Convex one of the world leading and most innovative insurance and reinsurance businesses as Graduate Underwriters. Convex is an international specialty insurer and reinsurer founded by Stephen Catlin and Paul Brand. With operations in London, Bermuda, Europe and the US. Our ambition is to offer...

  • Trainee Underwriting Assistant

    3 days ago

    London, United Kingdom MW Appointments Full time

    Our client who is a Lloyds Syndicate is looking for a Trainee Underwriting Assistant to join their expanding Property team in London. The purpose of the role is to support the Property Underwriting team with day-to-day tasks, processing and Admin support. Main Duties: - Perform data entry of insurance information into in-house systems to agreed, defined...

  • Graduate Management Trainee

    3 weeks ago

    North London, United Kingdom HKM Associates Full time

    **Graduate Management Trainee** **Watford** **Graduate Management Trainee Responsibilities**: - Gain a comprehensive knowledge of client products and services - Be involved in campaign creation, putting forward ideas - Managing full sales pipeline - You’ll be the face and voice of clients, engaging customers and explaining client’s products and...

  • Graduate Trainee Underwriter

    7 days ago

    London, United Kingdom Coast Specialist Recruitment Full time

    **This is the ideal way to develop a long term career within Specialist Lending.** If you are seeking a full time, office based role based close to several Central London mainline stations. The fine details are below, but essentially, you will be taught to **underwrite commercial property finance.** **The role**: - Manage expectations and deadlines...

  • Trainee Insurance Underwriter

    6 days ago

    London, United Kingdom The HR Dept Full time

    **Join Our Team as a Trainee Insurance Underwriter!** Are you looking to kick-start your career in the dynamic world of insurance? Do you thrive in fast-paced environments and have a keen eye for detail? If so, we have the perfect opportunity for you! **About Us**: At Stubben Edge Group, we are committed to providing exceptional insurance solutions to our...