Junior Underwriter Location: Bromley, London
Hybrid
Salary: £40,000 - £45,000 per annum + bonus
Start Date: Immediate
Our client, a well-established and expanding insurance business that forms part of one of the world’s largest insurance groups, is seeking a talented Junior Underwriter to join their team. You will support the Senior Underwriter in evaluating and assessing risk for new and existing applications, in the mid-market portfolio of their Financial Failure Insurance product.
Risk Assessment : Assess financial information and utilise industry and internal expertise to evaluate risk and calculate policy terms and conditions.
Assist in underwriting decisions for Financial Failure Insurance in accordance with company guidelines.
Data Analysis : Collate and interpret data from a range of sources, including credit reports and financial statements.
Prepare underwriting summaries and provide informed recommendations to senior underwriters.
Maintain accurate records in underwriting systems and support the team in adhering to compliance and regulatory standards.
Process premium calculations for small businesses and prepare rate and risk comparison reports.
Professional Development : Continuously develop knowledge of industry trends, underwriting procedures, and company policies.
Degree in Finance, Economics, Business or a related field.
Proficiency in Microsoft Office Suite and comfortable with underwriting software.
Familiarity with financial analysis or risk assessment.
Sure Commercial Limited (trading as Sure Exec Search) is a proud Equal Opportunities employer and does not discriminate against any candidate on the grounds of age, disability, sex, gender identity, sexual orientation, pregnancy and maternity, race, religion or belief, marriage and civil partnerships, or other applicable legally protected characteristics. Our Diversity, Equity, and Inclusion Policy is available on request.