Trainee Underwriter, Insurance
Permanent £35,000 / yearJob Overview
Convex is looking for a graduate to join our Insurance 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 team and across the business. This role will include working closely with other teams within Convex such as Claims, Analytics (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.
As you develop into the role, some of the key tasks may include...
- 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.
Skills Knowledge and Expertise
- Critical thinking and problem-solving – evaluating evidence and making sound judgments.
- Communication skills – clear and professional writing, presentation, and teamwork communication.
- Collaboration and teamwork – contributing effectively to group objectives.
- Leadership and initiative – taking responsibility and motivating others.
- Adaptability and resilience – thriving in dynamic or challenging environments.
- Digital literacy – using digital tools, data, and platforms effectively and ethically.
- Time management and organisation – balancing multiple priorities efficiently.
- Fluency in French, Italian and or Spanish (spoken and written) is desirable for certain Lines Of Business