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    Trainee Underwriter - United Kingdom - Inspiring Interns

    Inspiring Interns
    Inspiring Interns United Kingdom

    Found in: Jooble UK O C2 - 3 days ago

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    Description
    Finance Banking and finance Legal Writing and editorial Investment

    Are you looking for the opportunity to be directly involved in building the surety offering of a business? Our client is searching for a Trainee Surety Underwriter to join their team and would love to hear from you.

    Our client is a UK leading provider of building warranties and building control services who have built their reputation across a wide reach of clients for their outstanding customer service.

    They work hard on evaluating each project, from new builds to renovations, large or small scale, to ensure that the right cover is recommended.

    The company has 3 divisions, including Insurance Services, Technical Service and Building Control, who all work together and separately to do whatever it takes to deliver successful results and client support.

    They value 'Reliability, Responsiveness and Robustness' as qualities that underpin their success.

    As a Trainee Surety Underwriter, you will report to the Surety Underwriting Manager and underwrite surety business in accordance with the business plan and within its delegated underwriting authority.

    You will be involved in building the company's surety offering, in order to service the needs clients in line with risk appetite and underwriting guidelines.

    This role is based at their office in Belfast , with a salary range of £21K - £25K. Hybrid work would be considered after suitable induction/training period .
    Under supervision analyse surety opportunities in accordance with the business plan through high-quality analysis of both the credit assessment and experience of the presented client and its proposed development
    Prepare necessary draft contract documentation including, facility documentation, corporate counter-indemnities and bond wording
    Positively promote the department, division and company as a whole, in order to maximise brand leverage
    Comply with all legal and regulatory requirements to ensure obligations are met
    Adhere to underwriting standards, instructions and good practice to minimise risk and maximise efficiency in work completed
    Willingness to obtain a professional insurance qualification (e.
    Strong credit analysis skills and understanding of financial statements
    Clear understanding of legal and regulatory requirements in the insurance industry
    A high level of numeracy and literacy with the ability to analyse data and interpret for decision-making
    Recently shortlisted for a National Insurance Award in the MGA category
    Company events and team socials
    Career progression opportunities
    Company pension

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