Assistant Underwriter, Casualty

The Assistant Underwriter at SiriusPoint plays a vital role in supporting the underwriting team by assisting with the evaluation, selection, and pricing of casualty risks. This includes general liability and treaty business, particularly from the US market. The role enables you to engage directly with brokers and develop essential relationships, contributing to the growth and success of the underwriting team.

To apply for the Assistant Underwriter position at SiriusPoint, candidates should have relevant experience in an underwriting support role, preferably within the Casualty or Lloyd's Market. Proficiency in underwriting software and Microsoft Office Suite, strong analytical skills, as well as excellent verbal and written communication abilities, are crucial for success in this role.

The key responsibilities of an Assistant Underwriter at SiriusPoint include conducting risk assessments, preparing and maintaining underwriting documentation, performing market research, fostering broker relationships, managing data entry, ensuring compliance with regulations, and providing administrative support to the underwriting team. These tasks will enable you to contribute meaningfully to the underwriting process.

Yes, the Assistant Underwriter position at SiriusPoint could be suitable for recent graduates with a background in finance, business, or a related field. While prior experience is beneficial, we value motivation, analytical skills, and a willingness to learn, making it an excellent opportunity for new professionals to begin their careers in the insurance industry.

The work culture at SiriusPoint is collaborative and empowering, emphasizing integrity, customer focus, solution-driven approaches, diversity, and teamwork. As an Assistant Underwriter, you will thrive in an environment where your contributions are valued, and you have the opportunity to work closely with experienced professionals, gaining insight and expertise.

At SiriusPoint, Assistant Underwriters have various career growth opportunities. By engaging in ongoing training and mentorship, individuals can advance their underwriting skills and potentially progress to Underwriter positions or other roles within the organization. Our culture of collaboration and support promotes personal development and career advancement.

The application process for the Assistant Underwriter role at SiriusPoint typically involves submitting your resume and cover letter detailing your relevant experience and qualifications. Selected candidates may then participate in a series of interviews to assess their fit for the team and the organization, ensuring mutual alignment in values and goals.

In the Assistant Underwriter role at SiriusPoint, risk assessment involves evaluating both new and renewal business to determine potential exposures and suitability under underwriting guidelines. It includes analyzing data related to claims history, market conditions, and the applicant's business practices. Being thorough and detail-oriented is essential in making sound underwriting decisions.

Maintaining broker relationships requires consistent communication, timely responses to inquiries, and understanding the broker's needs. As an Assistant Underwriter, I would ensure I am approachable and available to discuss concerns, provide updates on submissions, and demonstrate our commitment to excellence in customer service, creating a productive partnership.

I am proficient in Microsoft Office Suite, especially Excel for data analysis and reporting, as well as any underwriting-specific software I may have encountered in previous roles or training. Familiarity with industry-standard tools enhances efficiency in preparing documentation and managing risk assessments.

In my previous role as a support analyst, I was tasked with analyzing large datasets to identify trends in claims in order to inform our underwriting strategies. I utilized Excel to sort and filter the data, enabling me to extract insights that directly influenced our risk appetite. This experience sharpened my analytical skills, which I would bring to the Assistant Underwriter position at SiriusPoint.

To manage a high-volume workload effectively, I prioritize tasks based on deadlines and importance. I also maintain organized documentation to track progress and quickly reference essential information. Utilizing tools like spreadsheets helps streamline workflows while double-checking for accuracy, ensuring that each completed task upholds the standards expected at SiriusPoint.

Compliance in underwriting activities hinges on understanding and adhering to internal guidelines and regulatory requirements. It is crucial to stay informed about regulatory changes that could impact operations. Regular audits and checks of underwriting files and processes also ensure adherence to compliance measures, reducing legal risks for the organization.

I approach market research by gathering information from various industry reports, news articles, and competitors’ performance metrics. Understanding market trends and changes allows me to make informed underwriting decisions. I would then present any findings to my team, showcasing how these insights could impact our risk strategies and offerings.

I am drawn to SiriusPoint's commitment to innovation and integrity within the insurance space. I admire the focus on collaborative teamwork and the opportunity to work alongside experienced professionals in a global organization. I believe this role will enable me to further refine my underwriting skills while contributing to the company’s mission of providing intelligent risk solutions.

In a past role, I facilitated a team discussion to address differing views on prioritizing projects. I encouraged open dialogue where each member could voice their perspective. By fostering a collaborative atmosphere, we reached a consensus on how to move forward, emphasizing the importance of teamwork and flexibility. This experience has prepared me well for the team-oriented environment at SiriusPoint.

I stay updated on industry changes by subscribing to relevant newsletters, participating in webinars, and networking with professionals in the field. Engaging in continual learning helps me keep my knowledge current and understand how shifts in the market can impact underwriting practices and risk management.