Trainee Financial Lines Underwriter

To support the assessment, evaluation and underwriting of financial lines insurance risks by analyzing proposal information, evaluating exposures against underwriting guidelines, preparing recommendations on risk acceptance and policy terms, and supporting portfolio performance and underwriting governance. The role will develop technical underwriting competence through structured training and supervised assessment of financial lines risks.

Broker and internal liaison: Engage with brokers and internal underwriting colleagues to clarify material risk information, discuss coverage requirements and resolve questions affecting risk assessment. Communicate underwriting findings and recommendations clearly and professionally.

Policy terms and conditions: Assist in reviewing proposed policy limits, deductibles/excess, exclusions and other terms against established underwriting guidelines, subject to the authority delegated to the role.

Compliance and risk controls: Work in accordance with internal underwriting authorities, product guidelines, applicable regulatory requirements and the company's risk management procedures, escalating exceptions where appropriate.

Underwriting recommendations: Prepare risk summaries and recommendations for review by authorized underwriters, highlighting relevant exposures, discrepancies and factors that may affect acceptance, terms or pricing.

Submission analysis: Analyze information provided by brokers and clients, including business activities, claims history, financial information and relevant risk disclosures, where applicable to the financial line’s product.

Portfolio and performance analysis: Compile and review underwriting information relating to submissions, acceptance rates, renewal retention, claims experience and portfolio performance to help identify emerging trends and areas requiring further review.

Renewal Underwriting and Risk Review

Reassess existing financial lines policies at renewal, considering changes in, claims experience, exposure levels and underwriting appetite. Recommend appropriate changes to terms, conditions or pricing for consideration by the authorized underwriter.

Technical training and development

Complete structured training in financial lines products, underwriting guidelines, policy wordings, risk evaluation and portfolio management, while progressively developing the technical expertise and competence required to undertake risk assessments and make underwriting recommendations within the scope of delegated authority.

Requirements to Succeed in the Role

Sound understanding of insurance principles, policy coverage, risk assessment and underwriting practices.

Relevant insurance qualifications, including the Certificate in Insurance Practice (CIP).

Practical experience in personal lines insurance, including commercial, motor and home insurance, policy renewals, risk disclosures and insurance procedures.

Ability to review insurance information, identify material risk factors and