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About the Role

Sompo has a unique opportunity for an Assistant Underwriter in our Cross-Class Portfolio team. This role supports the effective underwriting and management of casualty and specialty programme business across the underwriting lifecycle, working closely with various internal teams. It's an excellent opportunity to build expertise in delegated authority business, Lloyd’s market practices, and portfolio management while developing toward an underwriting career.

Responsibilities

Understand and contribute to the divisional business plan.
Participate in meetings to share insight, develop strategy, and promote knowledge.
Promote the department, division, and company to maximize brand value.
Apply the reinsurance strategy to protect the portfolio.
Perform underwriting activities in line with legal and regulatory requirements.
Follow underwriting standards, instructions, and good practice.
Ensure insurance risks are accurately recorded and measured.
Maintain awareness of reinsurance requirements.
Establish technical knowledge and judgment to support underwriters.
Develop and strengthen relationships with stakeholders.
Demonstrate support for market associations and trade bodies.
Demonstrate an understanding of market dynamics and market cycle.
Develop expertise and technical knowledge through learning and development activities.
Underwrite insurance risks, negotiating rates, terms, and conditions.
Maintain awareness of portfolio review and analysis.
Ensure all authorised business is appropriately peer reviewed.
Operate collaboratively with colleagues to acquire knowledge and expertise.
Act in accordance with, and be an advocate of, the Sompo Values.

Requirements

Understanding of, or strong interest in, delegated authority business and programme underwriting.
Strong Excel, analytical and data interpretation skills.
Ability to identify trends and performance drivers.
High attention to detail.
Strong organisational ability.
Effective prioritisation skills.
Strong communication and stakeholder management skills.
Ability to work collaboratively across underwriting, operations, claims, actuarial and finance teams.
Experience in an underwriting environment, bordereaux handling, claims reporting or underwriting administration is desirable.
Knowledge of Lloyd’s market processes, delegated authority frameworks or progress toward industry qualifications such as CII is preferred.

Skills

Excel
Analytical skills
Data interpretation
Attention to detail
Organisational ability
Prioritisation skills
Communication skills
Stakeholder management
Collaboration

Location

London

Work Type

Onsite

Experience Level

Assistant Underwriter

Benefits

Health & Wellness Benefits
Retirement & Savings Plans
Global Parental Leave & Adoption Assistance
Employee Assistance Program
Tuition Reimbursement & Professional Qualification benefits

About the Company

At Sompo, our shared purpose is to create meaningful value for clients, communities, and each other. We strive to foster a workplace where everyone feels respected, included, and empowered to excel. As a global organization, we embrace diversity and champion equal opportunity. Guided by our core values—Accountability, Agility, Collaboration, Development, and Integrity—we build trust and support one another to achieve our goals worldwide.

Equal Opportunity

Employment decisions are based on qualifications, merit, and organizational need, and we strive to ensure equitable access to opportunities so everyone can do their best work. If you need an accommodation for any part of the application process, please contact the recruiter in charge.