Assistant Underwriter

About us

Avencia consulting is partnered with a leading insurer and Fortune 500 company who are looking to hire an Assistant Underwriter in their London office.

The opportunity

An exciting opportunity has arisen for an Assistant Underwriter to join the W&I team in London . The team, established in 2022 , consists of seven members , including the Head of W&I, Senior Underwriter, and Underwriters .

Since 2014 , PFR has supported coverholders in transactional liability , shaping a strategy to underwrite SME risks (GBP/USD/EUR 3m-300m ) directly. The team leverages data, insights, and global resources to expand across the UK, Europe, and beyond .

The ideal candidate is organised, detail-oriented, and eager to learn , joining a highly motivated team aiming to become a market leader in W&I SME risks while driving innovation in portfolio construction, policy development, and IT solutions .

What you'll be doing

• Contributing to the W&I underwriting strategy to establish a market-leading team within the W&I marketplace

• Review and assist in underwriting new risks using a technical rating model and coverage guidelines

• Support operational efficiency by coordinating broker submissions , organising deadlines , and streamlining workflow

• Analyse historical claims and underwriting data to identify trends, generate insights , and refine risk assessment methodologies

• Build and maintain strong relationships with brokers and distribution partners , acting as a reliable point of contact

• Foster internal collaboration across underwriting, claims, and operational teams to support business goals and team culture

• Develop skills in negotiating policy terms and conditions

Our must haves

• Develop an understanding of W&I underwriting by working with experienced underwriters . Prior W&I insurance experience is not required , but insurance, legal, accounting, tax, or M&A experience is preferred

• Strong analytical skills and attention to detail , especially when reviewing broker submissions and underwriting information

• Excellent interpersonal skills with the confidence to build and maintain relationships both internally and externally

• Adaptable mindset and driven to improve operational efficiency