Underwriting Apprentice

4 weeks ago

London, United Kingdom MS Amlin Full time

Role: ​ Underwriting Apprentice (3 year programme)

Location: London

Position: Fixed Term Contract (3 years)

Are you interested in the issues impacting businesses and the economy globally? At MS Amlin we work with companies to respond to those issues. From climate change to future pandemics, we assess the risks that companies face, and assume that risk through the insurance we provide. Working within the Lloyd’s of London marketplace, our work is varied – from protecting cargo ships at risk of piracy to supporting communities in the wake of a hurricane. Our job is to protect our clients from loss – operational, financial and reputational – and it takes time to build that expertise. We’re looking for curious and enthusiastic people who want to experience working in insurance.

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 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, here’s a snapshot of some of the key parts of the job:

Work with underwriters to help delivery of client-facing transactional service activities that include analysing data sources and making informed judgements on potential insurance data sources

Assisting in the day-to-day running of client risk and insurance programmes

Contributing proactively to client satisfaction, retention and profitability

Supporting senior underwriters with any risk identifiers that could impact underwriting decisions by learning about various cases/premiums

Carrying tasks contributing to the success of your underwriting team

Maintain and update data accurately internally including all insurance records and 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 Internal insurance system

Ad hoc reporting, renewals lists, looking after and analysing monthly rates, aggregate and premium projections and monitoring

Responding to box queries and exceptions on IQcanvases

Assist with creating various reports i.e. data fitness reports

Build effective relationships with key stakeholders internal & external and 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 to ensure we are meeting targets.

Assist with resolving standard risk review queries and meeting critical deadlines

Working closely with lead/senior underwriters in the team to reviewing insurance policies and procedures to ensure these are being adhered to

Work closely with underwriters and provide recommendations on potential authority limits, challenging issues as required on various cases.

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:

For this particular role there are some important qualifications and experience we need you to have. These include:

GCSE in Maths and English or equivalent at grade 4 or above

A ‘Level results in A-C range

What y ou can expect from us:

A competitive salary and benefits package is a given, but you can also expect:

A great team and supportive colleagues

Hybrid Working environment

Flexible Working

A strong focus on diversity, inclusion and equal opportunities

A programme of wellbeing and mental health support

Employer-supported volunteering (ESV)

Continuous learning and study support

Structured career development

An open mind (especially to new ideas and ways of doing things)

#LI-MSAUL

  • Underwriting Apprentice

    2 months 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...

  • 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...

  • Underwriting Apprentice

    2 weeks ago

    London, Greater 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...

  • Underwriting Apprentice

    2 weeks ago

    London, Greater London, United Kingdom Hiscox Full time

    job description:Hiscox London Market School Leaver ProgrammeStart your professional career at a leading specialist insurer of global riskHiscox London Market insures large and complex risks. From space to renewable energy, from fine art to kidnap & ransom, and many more. Hiscox London Market are far removed from the 'regular' insurance products such as car...

  • Underwriting Apprentice

    7 days ago

    London, United Kingdom MS Amlin Full time

    Role: Underwriting Apprentice (3 year programme) - Location: London - Position: Fixed Term Contract (3 years) - Are you interested in the issues impacting businesses and the economy globally? At MS Amlin we work with companies to respond to those issues. From climate change to future pandemics, we assess the risks that companies face, and assume that risk...

  • Underwriting Apprentice

    1 week ago

    London, United Kingdom Allianz Commercial Full time

    **Let’s care for tomorrow.** **Your ambitions. Your dreams. Your tomorrow.** Whether it’s aircraft, international business, offshore wind parks or Hollywood film productions, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses. We are looking for 6 Underwriting Apprentices to join our London-based...

  • Underwriting Apprentice

    2 weeks ago

    London, Greater London, United Kingdom Allianz Commercial Full time

    Let's care for tomorrow.Your ambitions. Your dreams. Your tomorrow.Whether it's aircraft, international business, offshore wind parks or Hollywood film productions, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses.We are looking for 6 Underwriting Apprentices to join our London-based Underwriting teams.The...

  • Apprentice Underwriting Assistant

    3 weeks ago

    London, United Kingdom Skills Edge Training Full time

    **Role of Applicant** - As an Apprentice Underwriting Assistant, you will gain experience in the Underwriting process by supporting the business in policy submission, creation, renewal and booking process. - You will provide administrative support to BOUM's Property Underwriting department. - You will learn about Upstream Energy insurance. **Core...

  • Underwriting Apprentice 2024

    1 week ago

    London, United Kingdom Zurich Insurance Full time

    **Underwriting Apprentice 2024 - London** **Location**: London **Salary**:£21,840 (plus London allowance) **Qualification**:Level 4 Insurance Practitioner **Start Date**: September 2024 **Insurance is so much more than you think!** Are you looking for a career that will excite, challenge and inspire you? If so, this apprenticeship could be the ideal...

  • Underwriting Assistant

    2 months ago

    City of London, United Kingdom Ricci Recruitment Full time

    A fantastic opportunity for an individual who has ideally gained at least a year’experience of working in the Lloyd’s insurance market who would be interested in an Underwriting Assistant role or someone with Underwriting Ops, Admin experience looking fora step up! You will be joining a highly regarded and expanding Insurer in the heart of the City. The...

  • Underwriting Assistant

    4 weeks ago

    London, United Kingdom IPS Group Full time

    Super opening for an A level apprentice, to join this large, global corporate insurance group within its Accident & Health underwriting division. Growing portfolio, undergoing significant expansion, looking to secure a junior apprentice to complement the underwiting division, to carry out underwriting support, data administration and just overseeing the...

  • Underwriting Operations Team Lead

    2 weeks ago

    London, United Kingdom Eames Consulting Full time

    Underwriting Operation's Team Lead Insurance Hybird London £600/day (Inside IR35) I am current looking for an Underwriting Operations Team Lead for my insurance client. The role will be responsible for the underwriting operations supporting Underwriting portfolios and supervising a central team of underwriting assistants. This is an initial 6 month...

  • Underwriting Operations Team Lead

    2 weeks ago

    London, Greater London, United Kingdom Eames Consulting Group Ltd Full time

    Job DescriptionUnderwriting Operation's Team LeadInsuranceHybird London£600/day (Inside IR35)I am current looking for an Underwriting Operations Team Lead for my insurance client. The role will be responsible for the underwriting operations supporting Underwriting portfolios and supervising a central team of underwriting assistants.This is an initial 6...

  • Insurance Professional Apprentice

    3 weeks ago

    London, United Kingdom Munich Re Specialty Group Full time

    Insurance Professional Apprentice **Company** Munich Re Specialty Group **Location** London, United Kingdom At Munich Re Specialty Group (MRSG), individuality and intellectual curiosity is a key driver for our success and innovation. We believe that leveraging a variety of perspectives and backgrounds, and empowering all employees to make an impact, will...

  • Insurance Professional Apprentice

    3 weeks ago

    London, United Kingdom Munich Re Specialty Group Full time

    Insurance Professional Apprentice - Claims **Company** Munich Re Specialty Group **Location** London, United Kingdom At Munich Re Specialty Group (MRSG), individuality and intellectual curiosity is a key driver for our success and innovation. We believe that leveraging a variety of perspectives and backgrounds, and empowering all employees to make an...

  • Underwriting Operations Team Leader

    2 weeks ago

    London, Greater London, United Kingdom Brit Full time

    Vacancy NamePosition: Underwriting Operations Team LeaderEmployment TypeType: PermanentLocationCity: LondonRole DetailsWe are in search of a dedicated individual to take on the role of Underwriting Operations Team Leader within our expanding team. Join us and contribute to a collaborative environment where we strive to guide individuals and businesses...

  • Apprentice Underwriting Assistant

    2 weeks ago

    London, United Kingdom Wiser Academy Full time

    Are you a school/college leaver and you looking to kickstart your career in Insurance? **Company Profile** Iprism Underwriting provides insurance solutions that specialises in both the e-trade & traditional underwriting of SME commercial package policies inclusive of commercial combined & contractors combined, plus in addition some personal lines insurance...

  • Broker Assistant

    2 days ago

    London, United Kingdom Amwins Global Risks Full time

    Are you eager to enter the dynamic world of insurance? Join our team in London as an Apprentice Broker Assistant! Amwins Global Risks will support you to achieve the Level 3 Apprenticeship qualification together with your professional qualification through the Chartered Institute of Insurance. About the role Responsible for providing clients with the...

  • Underwriting Operations Team Leader

    3 weeks ago

    London, United Kingdom Brit Group Services Full time

    **Employment Type** - Permanent **Location** - London **Role Details** - We’re looking for an Underwriting Operations Team Leader About Brit At Brit, we believe that the uncertainty of the future should never stand in the way of progress. That’s why we exist. To help people and businesses face the future and thrive. We are change-makers enabled by a...

  • Underwriting Operations Team Leader

    2 weeks ago

    London, UK, United Kingdom Brit Full time

    Vacancy Name Underwriting Operations Team Leader Employment Type Permanent Location London Role Details We`re looking for an Underwriting Operations Team Leader About Brit At Brit, we believe that the uncertainty of the future should never stand in the way of progress. That`s why we exist. To help people and businesses face the future and thrive. We...