Assistant Underwriter

at  Gallagher

Introduction:
Gallagher isn’t just a company; it’s a global community driven by shared values and an unyielding commitment to excellence. With over 52,000 passionate professionals, we are the architects of the future, designing customized solutions to protect businesses and fuel their extraordinary growth. As a member of our team, you’ll experience empowerment, creativity, and the exhilarating journey of making a real difference in the lives of our clients. Join us and become part of a story that transforms aspirations into reality.
We believe that every candidate brings something special to the table, including you! So, even if you feel that you’re close but not an exact match, we encourage you to apply.
Overview:
We are seeking a dedicated and detail-oriented Assistant Underwriter to join our team. The successful candidate will act in the best interests of the Company by underwriting and servicing existing accounts under supervision, evaluating new business using prudent and established underwriting practices with guidance, and in accordance with underwriting authorities. This role involves assessing claim management risk and contributing to the income and profit objectives of the business to meet budget and EBITDAC targets.

TECHNICAL KNOWLEDGE:

• Understanding of the concept of ‘exposure’ and identifying exposure to both single and accumulation risks.
• Good working knowledge of financial management.
• Detailed understanding of rating methods as applied to our product.
• Effective use and understanding of systems technology required to transact business.
• Good knowledge of general insurance and underlying legal principles and practices, especially London Market / Lloyd’s and Industry databases.
• Knowledge of the limitations of the company’s delegated authority and claims handling agreement.

EXPERIENCE:

• Underwriting experience in servicing accounts.
• Ability to handle claim queries using technical knowledge.
• Experience in planning and prioritizing client renewals and identifying business opportunities.
• Effective communication skills with colleagues during account cycles.
• Attention to detail in data entry and presenting data.
• Managing risk and safeguarding own role remit.
• Identifying potential problems and seeking advice/consultation when required.
• Good level of numeracy and literacy.
  Compensation and benefits:
  On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits.

Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve:

• Minimum of 25 days holiday, plus bank holidays, and the option to ‘buy’ extra days
• Defined contribution pension scheme, which Gallagher will also contribute to
• Life insurance, which will pay 4x your basic annual salary, which you can top-up to 10x
• Income protection, we’ll cover up to 50% of your annual income, with options to top up
• Health cash plan or Private medical insurance

Please refer the Job description for details