Background context and your project team
You are a Junior Underwriting Assistant in Aldgate Specialty Insurance’s Specialty Risks team.
Your role is to help gather information, understand the client’s risk, support underwriting decisions, and prepare clear notes for senior colleagues. You are not expected to make the final underwriting decision, but your analysis will help the underwriter decide what to do next.
By the end of the simulation, you will be able to:
In this virtual job simulation, you’ll step into the role of a Junior Underwriting Assistant at Aldgate Specialty Insurance, a fictional London Market insurance firm. You’ll learn how commercial risks move through the insurance market, how brokers and underwriters work together, and how insurers decide whether to agree to cover a risk and on which terms.
You’ll begin by exploring the insurance distribution chain and the key stakeholders involved in moving a risk from client need to underwriting decision. You’ll then apply that knowledge to an aviation risk submission, reviewing information about a small air charter operator and preparing a clear underwriting recommendation for a senior underwriter.
This program is designed for early-career learners with no prior insurance experience. By the end, you’ll have practised identifying risk features, spotting missing information, selecting relevant policy wording components, and communicating your reasoning in a professional underwriting memo.
Step into the London Insurance Market and learn how underwriters assess risk, ask the right questions, and recommend next steps.
