Assistant Underwriter - Financial Institutions

Country: United Kingdom of Great Britain and Northern Ireland

Creation Date: 04-Jun-2026

Employment Type: Permanent

Employment Type: Full time

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Role

Title:

Assistant Underwriter

Department: FINPRO

Team:
Financial Institutions

Location:
London

Type:
Permanent

About the Role:

• An opportunity to join the well-established and experienced Financial Institutions team within Liberty Specialty Markets.
• Exposure to a global portfolio of business ranging from SME accounts to large, listed multinationals.
• Look to maintain relationships with brokers, clients and business partners with a view to manage a personal renewal portfolio.
• Opportunity to develop and enhance technical underwriting skills with the help of the team and the internal Learning and Development department.

About the Department & Team:

• A market-leading team of 8 underwriters with a combined 50+ years’ market experience that works closely with financial institutions and brokers to provide effective risk transfer solutions.
• We offer a wide range of products to financial institutions across the world on a primary and excess basis and are supported by a dedicated claims team.
• Agile work environment – office and homeworking
• Book split across company (Liberty Mutual Insurance Europe SE) and syndicate paper (Liberty Managing Agency Limited)
• Book of business is geographically diverse with a strong UK and US exposure.

Key Responsibilities:

• Underwrite insurance risks in accordance with the business plan and personal authority to meet business objectives, including Negotiating rates, terms and conditions for existing and new business;
  Compliance with the production and issue of documentation in accordance with contract certainty requirements
• Follow the annual business plan for the Underwriting division to make appropriate decisions
• Contribute and participate in all meetings to share and develop strategy, knowledge and best practice
• Develop knowledge of market dynamics and market cycles to support the performance of the underwriting team
• Support the review and analysis of the portfolio, to identify progress towards business objectives
• Process entries, as required, properly onto relevant systems in a timely manner ensuring accuracy of data with relation to both underwriting and aggregate exposures

Skills and Experience:

• Understanding of relevant market conditions within Financial Institutions
• Understanding of class specific underwriting and reinsurance knowledge
• Good knowledge of legal and regulatory requirements
  
  A high level of numeracy and literacy skills
• Good interpersonal and communication skills
• Strong organisational and prioritisation skills
• Strong attention to detail
• Experience gained within the financial institutions industry or insurance industry