Overview
We are a leading Lloyd's of London Syndicate specialising in providing bespoke insurance solutions to clients across various sectors. Our commitment to innovation, quality, and risk management has established us as a trusted partner in the insurance industry.
Job Description:
We are seeking a motivated Engineering or Mathematics Graduate to join our dynamic team as a Underwriting Assistant.
Responsibilities
- Underwriting Support: Assist underwriters by providing administrative and technical support that help in the decision-making process for policy issuance, pricing, and terms.
- Analyse Technical Risks: Apply your engineering knowledge to evaluate technical risks associated with projects in industries such as manufacturing, construction, energy and marine.
- Client Interaction: Engage with clients to understand their specific needs, explain complex concepts in an accessible manner, and build long-term relationships.
- Data Analysis and Modelling: Utilise statistical models and data analysis techniques to predict potential risk exposures and outcomes.
- Loss Prevention: Work on strategies to mitigate risk, advising on engineering controls and safety measures that could reduce the likelihood of claims.
- Research and Reporting: Conduct research on emerging technologies, materials, and methodologies in engineering to keep our policies relevant and competitive. Prepare detailed reports on findings.
What We Offer:
- A competitive salary and benefits package.
- A direct path into the most prestigious insurance market in the world.
- Work side by side with class underwriters in the Lloyd's market place.
- Exposure to global clients and projects.
- A collaborative, inclusive work culture that values innovation and diversity.
Requirements
- Engineering / Mathematics degree essential.
- MSc in Nuclear Engineering / BSc in Engineering / BEng.
- Strong background in maths essential for evaluating risk factors.
- Excellent risk analysis skills.
- Strong attention to detail, organisational skills, and the ability to manage multiple accounts simultaneously.
- Excellent communication skills, both written and verbal, enabling effective collaboration within teams and with clients.
Location:
- London, UK.
At Lloyd’s, your career trajectory is not just about climbing the corporate ladder but also about expanding your expertise, becoming a thought leader, and potentially influencing the insurance industry at large. This environment supports those who are ambitious, eager to learn, and ready to innovate.
Job Type: Full-time
Pay: £30,000.00-£38,000.00 per year
Benefits:
- Additional leave
- Company pension
- Gym membership
- Life insurance
- Private medical insurance
- Referral programme
- Sick pay
Education:
- Bachelor's (required)
Work authorisation:
- United Kingdom (required)
Location:
- London EC3A 3BP (required)
Work Location: In person
Application deadline: 30/08/2025
Reference ID: Graduate entry - underwriting assistant
Expected start date: 01/09/2025
