Trainee Underwriter, Reinsurance (ldn)

London, ENG, GB, United Kingdom

Job Description

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Description





Convex is looking for a graduate to join our Reinsurance Underwriting team who would love to help build the reinsurance 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.###

As you develop into the role, some of the key tasks may include...





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 relevant line of business Pre-underwriting calculations and work as directed by the underwriter Attend peer review meetings and participate in discussions on risks within the division. To ensure peer review packs/meeting preparation is completed and logged on the underwriting system Produce and collate data for business planning To manage the flow of bound risks received from the underwriters Run underwriting and MI reports as required To assist with recording all new business renewals To ensure all processing and credit control queries are answered within SLA time frames To provide general assistance to underwriters with all administrative duties To liaise with brokers upon request in additional to internal departments such as credit control, claims & compliance To work in conjunction with the booking and underwriting teams to ensure efficient working practices are in place e.g., identifying process improvements, providing feedback to reduce rework or errors and escalate any blockages to the team leader To be aware of the regulatory impact and ensure all underwriting activity is always within the guidelines To work within the Company's code of conduct
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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.


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Benefits





When you join us, you're not just accepting a job--you're securing a future. We know that top talent demands more than a standard salary, which is why we've designed an exciting benefits package. Some of the favourites for previous graduates and school leavers include...Annual Performance Bonus 30 days Annual Leave 3 days of Volunteer Leave each year Birthday Leave 1,300 to spend on learning & wellbeing 10% Employer Pension Contribution Private Health Insurance Medical & Dental Cover Full Support for Professional Qualifications (IFoA, CII, CFA, etc...)
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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.

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Job Detail

  • Job Id
    JD4224126
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Full Time
  • Job Location
    London, ENG, GB, United Kingdom
  • Education
    Not mentioned