Job Description

Description

Convex insures a broad range of Marine & Energy Liability exposures across the globe and our clients range from individuals to multinational corporations within the maritime or energy sectors. Our team prides itself on being able to provide a high quality of service to our clients and brokers combined with exceptional technical expertise.

As a Trainee Underwriter, you'll be presented with an opportunity to learn from long-established, experienced Underwriters and work on an incredibly diversified portfolio as Marine & Energy Liabilities covers an immense spectrum of operations and exposures.

We will support you in obtaining relevant qualifications for the role and you'll be on a trajectory to become an Underwriter.

Key Responsibilities

Build good working relationships with underwriting teams and ensure that underwriting management are regularly communicated with and kept up to date. Support the Underwriting Support Assistant team who will be taking ownership of all aspects of the administration and referrals. Learn and develop an understanding of the Marine & Energy Liability line of business as well as the wider market and competitor dynamics. Form an understanding of the technical aspects of pricing and insurance terms and conditions alongside and within the Underwriting team. Perform pre-underwriting calculations and work as directed by the Underwriter. Attend peer review meetings and participate in discussions on risks within the division. Ensure peer review packs are completed and logged on the underwriting system Produce and collate data for business planning and run insights reports as required. Manage the flow of bound risks received from the Underwriters and assist with recording all new business renewals. Ensure all processing and credit control queries are answered within agreed timeframes. Liaise with brokers and internal departments such as credit control, claims and compliance. Work in conjunction with the booking and underwriting teams to ensure efficient working practices are in place, this includes identifying process improvements, providing feedback to reduce rework or errors and escalating any blockages to the team leader. Be aware of the regulatory impact and ensure all underwriting activity is always within the guidelines.

Skills Knowledge and Expertise

A couple of year's experience and a proven interest in Marine & Energy Liabilities Insurance with a clear commitment to developing a career in Underwriting and (willing to) study(ing) CII exams. An analytical approach combined with excellent numeracy. Articulate in both verbal and written communication, combined with a natural curiosity and desire to network and build relationships. Possess a continuous improvement mindset. Proven ability to work with speed and accuracy, particularly under pressure or tight deadlines and be able to work flexibly, particularly during peak underwriting periods.

Benefits

Competitive Salary 30 days Annual Leave Birthday Leave 10% Employer Pension Contribution Private Health Insurance Medical Cover Group Income Protection Life Assurance Cover Enhanced Parental Leave Annual Health Check 3 days of Volunteer Leave each year 10 days of help with care (elder/ childcare) through Bright Horizons 1,300 to spend on learning & wellbeing Give as You Earn Cycle to Work Season Ticket Loan

About Convex Insurance

In 2019, Stephen Catlin and Paul Brand co-founded Convex with $1.7bn of initial committed capital to underwrite insurance and reinsurance for complex specialty risks. The company has since received an A.M. Best rating of A (Excellent) and regulatory approval to operate in London, Bermuda, Luxembourg and United States.


We have also welcomed leaders in their fields from across the insurance industry, bringing a diversity of thought and approach.



We live our values in every facet of our business:

Earn our reputation

Everything we do affects how others see us. Our success depends upon our reputation, for which all of us share responsibility.

Straightforward and fair

We tell it like it is, with fairness, dignity and respect. We strive to do the right thing always, however hard it seems.

Determined to improve

However good we are, we are not complacent. We know we can always be better and we never stop trying to improve.

Inspired by opportunity

We come to the market and to every client engagement without baggage. There is no limit to what we can achieve together.

Enjoy being different

We feel positive about change and we are not afraid to try new things in our quest for a better way for clients, stakeholders and colleagues to do business.