Role: Assistant Underwriter – Renewable Energy
Location: London
Position type: Full time, permanent (minimum 4 days a week in the London office)
We are seeking an experienced Assistant Underwriter to join our Renewables team at MS Amlin. As a key member of the underwriting team, you will play a crucial role in making sound underwriting decisions and contributing to the operational delivery of our strategy.
You will be part of the Renewables team within the Natural Resources division. We write a global portfolio of risks, of varying technology, complexity and size.
The role would also provide a solid foundation and opportunity to develop a career in Underwriting.
About The Job
What you’ll spend your time doing:
Responsible for analysing and writing risks in accordance with the agreed parameters – making sound, profitable long term decisions with a focus on smart rationale underwriting.
Support quotes, underwriting and service of allocated accounts and operate within agreed authority parameters
Ensure risks are analysed and written in accordance with the agreed parameters – making sound, profitable long term decisions with a focus on smart rationale underwriting.
Develop and maintain strong client and broker relationships, demonstrating a deep understanding of their needs and the market.
Assist in arranging and attending client meetings to build strong relationships and drive business growth.
Represent MS Amlin at corporate and networking events, upholding our values and behaviours
Track and report developments affecting the business of the class and raise as appropriate, to the Senior Underwriters or Underwriting Management
Collaborate with senior underwriters to develop pricing models and ensure accurate risk assessments.
Liaise with the claims team to keep up-to-date with claims situations and ensure timely resolution.
Manage queries professionally and efficiently, ensuring excellent customer service.
Monitor premium payments and liaise with brokers and CRT as necessary.
Accuracy checking & write up notes as part of UW sign-off
Liaise and ensure regional compliance with underwriting management, taking corrective action where necessary and operating within agreed authorities, ensuring that underwriting controls are properly managed
What you’ll need
Must have relevant underwriting experience in Renewables Underwriting, looking to progress to full Underwriting authority within a short timeframe.
Established relationships with brokers and strong knowledge of the renewables market.
Strong problem-solving skills, with the ability to question the status quo and create solutions.
Diploma in CII and working towards completion of ACII
Excellent communication and negotiation skills.
Sound financial and commercial acumen.
Strong Excel and numeracy skills.
Self-motivation & strong organisational skills
What you can expect from us:
Competitive Base Salary
Performance Related Discretionary Bonus
Holiday: 28 days core annual leave, and you can buy up to 5 days
Pension: A minimum 2% employee contribution plus 7% MS Amlin contribution (9%) up to a maximum of 5% employee contribution plus 13% MS Amlin contribution (18%)
Private Medical: cover for yourself. Family members/dependants can be added.
Flex Fund: £1,000 (pro-rated based on start date) to spend on flexible benefits.
Life Assurance: 5 x annualised base salary
Enhanced Parental Leave (maternity and paternity): 6 months full pay, entitled from day 1.
Continuous Learning Approach: Including study support with professional qualifications.
Employer Supported Volunteering: 3 days volunteering leave.
Annual health screening
Give as you earn
Cycle to work
Season ticket loan
Green car scheme
Retail discount platform
About MS Amlin
MS Amlin is a group of leading global (re)insurance companies, and we are part of the global top-10 non-life insurance group MS&AD. We operate through four legal entities operating in the Lloyd’s, Continental European, US and Bermudian global (re)insurance markets.
This role is in our Lloyd’s business
Our Lloyd’s business writes a diverse (re)insurance portfolio and specialises in providing insurance coverage to commercial businesses and offering reinsurance protection to other insurance companies around the world. We operate from our offices in the heart of London’s (re)insurance district and from our market hubs in Asia and the Middle East. We work in partnership with our brokers and clients to provide proactive risk solutions and support across a broad range of trades and industries. We operate through our Lloyd’s Syndicate 2001, and we can trace our roots in the insurance market, back over 100 years.
#LI-MSAUL
