Underwriting Assistant

Howden is a global insurance group with employee ownership at its heart. Together, we have pushed the boundaries of insurance. We are united by a shared passion and no-limits mindset, and our strength lies in our ability to collaborate as a powerful international team comprised of 24,000 employees spanning over 56 countries.

People join Howden for many different reasons, but they stay for the same one: our culture. It’s what sets us apart, and the reason our employees have been turning down headhunters for years. Whatever your priorities – work / life balance, career progression, sustainability, volunteering – you’ll find like-minded people driving change at Howden.

Underwriting Assistant – Job Description

Job Title: Underwriting Assistant

Sector: Transactional Risk 

Location: London, One Creechurch Place / Hybrid working

This is a new and fantastic opportunity for a highly motivated, ambitious and detail-orientated individual to join an expanding warranty and indemnity insurance (W&I) underwriting team at an established and specialist global managing general agent (MGA) as a W&I Insurance Underwriting Assistant. This role would suit an individual with a desire to work within the M&A sector and pursue a career in insurance. The candidate would work closely with underwriters and learn from industry experts about the fast-paced world of M&A.

The successful candidate will be given a great deal of responsibility and exposure to brokers from day one. In particular, their responsibilities will include:

• Managing the UK W&I Submissions inbox;
• Ensuring the timely return of NDAs, Sanctions Checks, Hold Harmless Letters and Expense Agreements as the point of contact with our external consultants at WNS;
• Using ComplyAdvantage to undertake and manage Client Risk Management checks;
• Assessing new risks and presenting each Target business to the UK W&I team for discussion;
• Ensuring the SalesForce Dashboard presents an up-to-date picture of all submissions and deals in underwriting;
• Assisting the W&I team in winning new business by preparing quotes (Non-Binding Indications) on SalesForce and submitting final NBI terms to brokers;
• Providing ad hoc support on live deals to Underwriters/ Senior Underwriters in the UK W&I team; and
• Liaising with the finance team to ensure invoices are sent and paid.

For the right person, there is a clear route for progression in this role from an Underwriting Assistant to an Assistant Underwriter and then a Junior Underwriter (and beyond!).

Requirements

• Strong organisational and time management skills, with the ability to manage multiple tasks in a fast-paced environment.
• High attention to detail and proactive approach to work.
• Strong interpersonal skills and ability to communicate with brokers professionally.
• Degree Grade: 2.1.
• Competency in using Microsoft Word and Microsoft Outlook. 

A career that you define. At Howden, we value diversity – there is no one Howden type. Instead, we’re looking for individuals who share the same values as us:

• Our successes have all come from someone brave enough to try something new

• We support each other in the small everyday moments and the bigger challenges

• We are determined to make a positive difference at work and beyond

We're committed to providing reasonable accommodations at Howden to ensure that our positions align well with your needs.  Besides the usual adjustments such as software, IT, and office setups, we can also accommodate other changes such as flexible hours* or hybrid working*.

If you're excited by this role but have some doubts about whether it’s the right fit for you, send us your application – if your profile fits the role’s criteria, we will be in touch to assist in helping to get you set up with any reasonable adjustments you may require.

*Not all positions can accommodate changes to working hours or locations. Reach out to your Recruitment Partner if you want to know more.