Underwriting Assistant

Regional offices in London and five other cities support agents and policyholders. Catastrophe teams deploy adjusters within days of a major storm. Founded in 1988, we now have 4,900 employees. Most of the office has been here more than ten years.

This role opened up after a team member moved internally. We want an underwriter who can say no clearly and say yes with the right terms. The Underwriting Assistant reviews and prices commercial insurance submissions from independent agents and decides what to write, and on what terms. We are headquartered in London and have been hiring remotely since 2020. You will be employed through our employer-of-record partner in India, with a local contract and salary paid in Indian rupees. You will need to be available during UK office hours, at least until 3:00 PM GMT.

In this role you will

• Follow underwriting guidelines and state filing requirements
• Document underwriting decisions in the policy file
• Re-underwrite renewals for loss trends, exposure changes and rate adequacy
• Negotiate terms, deductibles and pricing with agents
• Review submissions for risk quality, completeness and appetite fit
• Visit agencies to build relationships and explain our appetite

Requirements

• 1+ years of commercial lines underwriting experience
• Working knowledge of commercial property, liability and auto coverage forms
• Clear written underwriting rationale
• Bachelor's degree in business, finance, risk management or a related field

Desirable

• Construction or manufacturing account experience
• Excel modelling for pricing
• Experience at a regional or mutual carrier

Perks and benefits

• Home office setup budget
• Co-working space stipend
• Wellness allowance
• Company laptop
• Two weeks of paid leave at year end

Candidates must be eligible to work in India.

Start: Immediately.

Demo job created on 11jobs for testing and demonstrations. It is not an actual opening at Yewbench Assurance.