Aquilano Insurance
Assistant Underwriter
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Company Description
Aquilano Insurance is a global provider of comprehensive insurance and reinsurance solutions, serving clients with integrity and expertise. Our team is dedicated to building long-lasting client relationships based on trust and personalized attention. With a commitment to professionalism and excellence, Aquilano Insurance continues to make a positive impact in the insurance industry.
Role Description
We are seeking a detail-oriented and analytical Assistant Underwriter to join our growing International Commercial Property team through defined administrative responsibilities.
The ideal candidate will have 1 – 2 years’ experience in General Insurance; however a recent graduate / college leaver with strong numerical proficiency and keen to learn would also be considered for the role.
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Job Description
- Assess, analyze, and underwrite treaty and/or facultative reinsurance submissions.
- Evaluate risk exposures, loss history, and modeling outputs to determine appropriate pricing and terms.
- Negotiate terms and conditions with brokers and cedants to secure profitable business.
- Maintain and develop relationships with clients, brokers, and business partners to discuss new transactions.
- Monitor and manage the performance of assigned accounts and portfolio.
- Prepare underwriting reports, presentations, and documentation for internal approval processes.
- Ensure that Underwriting files are complete and accurate.
Skills
- Strong analytical and problem-solving skills.
- Excellent negotiation and communication abilities.
- High level of attention to detail and accuracy.
- Strong interpersonal skills with ability to build trust and long-term relationships.
- Proficiency in MS Office (Excel, Word, PowerPoint);
- Knowledge of underwriting systems is an advantage.
- Ability to work independently as well as within a team in a fast-paced environment.
- Strong business acumen and market awareness.
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Further Competencies
- Bachelor's degree in Insurance, Finance, Business, Economics, Actuarial Science, or a related field is an advantage.
- Professional insurance / reinsurance qualification (e.g., CII, CPCU, ARe), or working towards one, would be beneficial.
- Experience in insurance / reinsurance underwriting (treaty or facultative) or keen to learn.
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