Underwriting Apprentice

Back to job search

Underwriting Apprentice

  • Location:

    United Kingdom

  • Contact:

    Piere Forbes

  • Contact email:

    piere.forbes@equitycity.co.uk

  • Contact phone:

  • Job ref:

    629

  • Published:

    about 16 hours ago

  • Expiry date:

    2025-07-25

Title: Underwriting Assistant Apprentice
Location: London/ Hybrid 
Salary: £25,000 per annum 

Are you finishing your A-Levels and looking for an exciting opportunity to build a career in Insurance?
Underwriting is what we do at the business, as a leading speciality insurance and reinsurance group we find a way to protect business activities across the globe.
Our 18-month rotational programme offers the chance to work in various teams to and build a successful Underwriting career. You’ll start in Underwriting Operations and then move across different underwriting divisions such as Cyber, Casualty, Energy, Nuclear, Political, Property and Reinsurance.
Through the Apprenticeship programme, you’ll work alongside underwriters to:
  • Produce statistics, data, dashboards, and documents for effective management within your specialty area
  • Assist underwriters with various accounts, provide technical and administrative support, conduct statistical analysis, and ensure regulatory compliance
  • Create ad hoc reports, renewal lists, and analyse rates, aggregates, and premium projections
  • Assist with underwriting administration and provide support during onboarding and renewals
  • Understand and contribute to underwriting decisions using company criteria and pricing tools.
  • Prepare and administer renewals and new business processes
  • Contribute to client satisfaction, retention, and profitability
  • Build relationships with key stakeholders
Why choose US?
We empower you to excel. Our people are a team of leaders – experts in their fields who collaborate, without hierarchy. We’ve created an exciting, successful business, and know that it’s our people who define and drive this success. That’s why your growth, development and wellbeing is so important. We work
hard to make sure careers at the business are challenging, inspiring and rewarding and that the environment is ambitious and supportive.

Location
London, at our offices in the Scalpel building in the heart of the city. We offer hybrid working, with a mix of office and home days that works for you and the team.
 
What we offer
  • £25,500 plus qualification rewards
  • 26 days holiday plus an option to buy or sell to meet your needs
  • 18-month fixed term contract with the opportunity to apply for permanent roles at the end
  • Benefits including private medical insurance, pension, season ticket loan, flexible benefits including a £175/month allowance towards benefits of your choice, from tech products to gym membership, cycle-to work, and charitable giving
  • 2 CSR days so that you can make a real difference to local communities and charities that matter to you
Your Development
You’ll get
  • Challenging, stretching and rewarding work right from the start in each area of our Risk teams
  • Our full support and guidance to achieve your Level 3 Insurance Practitioner apprenticeship which incorporates the CertCII qualification
  • A personalised development plan to support your professional and soft skills development
  • An in-house experienced buddy and mentor, to help show you the ropes and support you on your journey
  • Lots of opportunities to get involved in groups outside of your day-to-day work to grow your network, learn from others and give back to the community through our CSR initiatives
After the Programme
At the end of the programme you will have the opportunity to apply for a permanent role in one of our teams that interests you. If successful we will continue to support your development towards the ACII.
 


















 

 
Is this Programme for you?
—    Comfortable with numbers?
—    Enjoy analysing data and problem solving?
—    Have an eye for detail?
—    Enjoy working collaboratively and building strong relationships?
If this sounds like you, and you want to continuously learn and go the extra mile this is the programme for you.
 
What you need
—    An unrestricted right to work in the UK
—    Be a current resident in the UK and have lived in the UK for 3 years
—    Able to commute to central London
—    Not hold a higher qualification in the same or similar subject
—    3 or more A-Levels or equivalent (A-C)
—    GCSE in Maths and English – grade 4 (C) or equivalent
—    IT skills, including Microsoft Excel