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 technical insights 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 per year

Additional pay:

Bonus scheme

Benefits:

Additional leave
Company pension
Gym membership
Life insurance
Private medical insurance
Referral programme
Sick pay

Schedule:

Monday to Friday

Education:

Bachelor's (required)

Work authorisation:

United Kingdom (required)

Location:

London EC3A 3BP (required)

Work Location: In person

Application deadline: 14/02/2025
Reference ID: Graduate entry - underwriting assistant
Expected start date: 01/03/2025

Lloyd's Syndicate

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