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About the Role
AEGIS London seeks an Assistant Underwriter to service, build, and diversify the portfolio within the Portfolio Solutions team. This role involves underwriting delegated authority and treaty business, managing administrative tasks like EPI and bordereaux queries, and supporting operational processes. It offers a broad role in underwriting and portfolio management within a collaborative team, with opportunities for increased responsibility and authority.
Responsibilities
- Underwrite business in accordance with personal underwriting authority, procedures, and guidelines, meeting business plan targets.
- Review and process submissions, renewals, endorsements, and new business opportunities accurately and timely.
- Monitor the performance of delegated authority and reinsurance arrangements.
- Liaise with internal teams including Exposure Management, Credit Control, Actuarial, Wordings, Compliance, Delegated Authority, Operations, Claims, Data Science, and Risk Management.
- Support premium and exposure monitoring, bordereaux and delegated data queries, credit control, and related operational processes.
- Support portfolio monitoring, management information, business planning, presentations, and ad hoc analysis.
- Provide a high standard of service to brokers and clients, including client-facing activities and travel.
- Complete other ad hoc duties as directed.
- Work collaboratively within AEGIS London, maintaining good working relationships with stakeholders and colleagues.
Requirements
- Experience within the Lloyd’s and/or London Market.
- Experience of delegated authority business, including binding authorities, lineslips or consortium arrangements, would be advantageous.
- Exposure to reinsurance, delegated authority or portfolio-based underwriting products would be beneficial.
- Knowledge of underwriting support functions, including Exposure Management, Credit Control, Delegated Authority, bordereaux management and underwriting operations, would be advantageous.
- Strong organisation, administration and planning skills with good attention to detail.
- Good communication skills with the ability to present well to both internal and external audiences.
- Demonstrable analytical skills with the ability to interpret underwriting, exposure and financial performance data.
- Commercial awareness and an interest in delegated authority and reinsurance markets.
- A proactive approach with the ability to manage multiple priorities in a fast-paced environment.
- Strong relationship-building skills and a desire to develop market-facing responsibilities.
- ACII qualification would be advantageous, or progress towards it.
- Good IT skills including MS Office applications with a particular focus on Excel and good ability to learn new systems.
- The ability to work as part of a team and build relationships with both internal and external stakeholders.
Skills
- Delegated authority business
- Reinsurance
- Portfolio-based underwriting
- Underwriting support functions
- Exposure Management
- Credit Control
- Bordereaux management
- Underwriting operations
- Organisation
- Administration
- Planning
- Attention to detail
- Communication
- Presentation
- Analytical skills
- Data interpretation
- Commercial awareness
- Relationship-building
- MS Office
- Excel
Location
- London
Work Type
- Full time
- Onsite
Education Level
- ACII qualification or progress towards it
Benefits
- Support flexible working practices
About the Company
- AEGIS Values: Fairness and respect, Open and inclusive, Ambitious, Striving to be better, Investing in people’s potential.
- AEGIS London is an equal opportunities employer and recognises the value of a diverse workforce in facilitating better decision making and business growth.
- We encourage a variety of differing views, perspectives and insights to create a collaborative working environment.
- Diversity and Inclusion are fundamental to our business and we encourage applications from all backgrounds recognising the diversity of society and our customers.
Equal Opportunity
- AEGIS London is an equal opportunities employer and recognises the value of a diverse workforce in facilitating better decision making and business growth.
- We encourage a variety of differing views, perspectives and insights to create a collaborative working environment.
- Diversity and Inclusion are fundamental to our business and we encourage applications from all backgrounds recognising the diversity of society and our customers.
- If there are any adjustments we can reasonably make to ensure that the process is accessible for you please telephone us on +44(0)20 7856 7856 or email recruitment@aegislondon.co.uk
- As a business, we understand individual circumstances may differ and aim to be adaptable and to support flexible working practices. Talk to our recruitment team to understand how AEGIS London can help support you in reaching your full potential