Trainee Underwriter, Insurance (Grad & School Leaver)

Job title:

Trainee Underwriter, Insurance (Grad & School Leaver)

Company

Convex Insurance

Job description

Trainee Underwriter, Insurance (Grad & School Leaver)Application Deadline: 10 January 2025Department: Underwriting – InsuranceEmployment Type: PermanentLocation: London, UKDescriptionConvex is looking for a graduate to join our Underwriting team who would love to help build the insurance portfolio of the future.Given the rapidly developing landscape, the successful candidate is expected to participate in a wide range of tasks within the function and across the business. This will be within one of our many lines of business (e.g., Property, Energy, Aviation, Marine, Casualty) and include working closely with other teams within Convex such as Claims, Portfolio Optimisation (actuarial, pricing, etc.), Operations, Legal and Compliance.Underwriters are responsible for risk evaluation, pricing and acceptance in building and managing a portfolio of insurance risks.Key ResponsibilitiesThe successful candidate will have a varied role and will include a variety of tasks working with members of the team to support:

• Preparing for and supporting Underwriters in broker meetings and negotiations.
• Learning the technical aspects of pricing and insurance terms and conditions alongside and within the Underwriting team.
• Understanding market and competitor dynamics.
• Preparing and analysing management information and reporting relating to specific risks and portfolios of risk. This may include verbal and formal presentations to Underwriters and Underwriting Managers.
• Liaison with operations on data entry and checking.
• Housekeeping, portfolio monitoring, renewal diary management and other administrative tasks.

Benefits

• Competitive Salary
• 30 days Annual Leave
• Birthday Leave
• 10% Employer Pension Contribution
• Private Health Insurance Medical Cover
• Group Income Protection
• Life Assurance Cover
• Income Protection
• Enhanced Parental Leave
• Annual Health Check
• 3 days of Volunteer Leave each year
• 10 days of help with care (elder/ childcare) through Bright Horizons
• £1,300 to spend on learning & wellbeing
• Give as You Earn
• Cycle to Work

Expected salary

Location

London

Job date

Sat, 14 Dec 2024 08:16:35 GMT

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