Assistant Underwriter, Smart Follow and Portfolio Solutions

Introduction

Overview

Pen Underwriting - Assistant Underwriter - London Market - City

The company: Pen Underwriting

• Pen Underwriting acts as a multi-class, multi-territory Managing General Agent (MGA) that operates like a virtual insurance company.
• Pen Underwriting handles sales, distribution, pricing, product innovation, and claims management without acting as the actual financial risk carrier.
• Pen Underwriting connects parties between risk carriers (such as insurers and reinsurers) and policyholders or brokers.
• Pen Underwriting provides digital trading

The role: Assistant Underwriter

• The role supports the efficient, accurate and controlled underwriting of business within Pen's Smart Follow & Facility Underwriting division.
• Reporting to the Underwriting Lead, the Assistant Underwriter provides broker-facing underwriting support, acting as the initial point of contact for enquiries and referrals and supporting risks through quotation, binding and endorsement.
• Responsibilities include submission triage, underwriting administration, broker engagement, referral management and the accurate maintenance of underwriting records and documentation.
• The role is designed as an early-career opportunity to develop practical experience in Lloyd's delegated authority arrangements, facility underwriting and portfolio administration.

How you'll make an impact

The Responsibilities:

• Broker and market engagement
• Underwriting and referrals
• Quoting, binding and endorsements
• Governance and quality assurance
• Portfolio and reporting support

About you

• Graduate calibre or with some experience in London Market underwriting, or comparable experience in insurance, financial services, operations or client service
• Initial or current experience in Lloyd's market, an MGA, insurer or broking business
• Exposure to delegated authority, facilities or underwriting support
• Familiarity with PPL, policy administration or underwriting systems
• a quantitative or analytical background
• Relevant insurance study or progress towards a professional qualification

Compensation and benefits

At Gallagher, we believe supporting our colleagues goes far beyond the role itself. For more information, visit our Benefits page.

• Competitive compensation
• Comprehensive benefits programs designed to support your well-being
• Career development opportunities and ongoing learning
• A collaborative, people-first culture with accessible leadership
• The opportunity to do meaningful work with global reach and local impact

At Gallagher, we are dedicated to building an inclusive and authentic workplace. If your past experience doesn't align perfectly, we encourage you to join our Talent Community to stay connected to additional career opportunities. Although this role is listed as full-time, if you're in a job-share partnership, work reduced hours, or have any other flexible arrangement, please still get in touch. We will also offer reasonable adjustments to the recruitment process if required, so please let us know.

Gallagher is an affirmative action/equal opportunity employer (Minorities/Females/Veterans/Disabled)