At a Glance
- Tasks: Join our Financial Lines team as an Assistant Underwriter, focusing on Commercial D&O.
- Company: Be part of a dynamic Lloyds Syndicate with a strong reputation in the industry.
- Benefits: Enjoy a collaborative team culture and opportunities for professional growth.
- Why this job: Gain hands-on experience in underwriting while developing valuable skills in a supportive environment.
- Qualifications: Experience as an Underwriting Assistant or similar role is essential; strong communication and analytical skills required.
- Other info: Engage in broker events and contribute to team discussions while representing the Syndicate.
The predicted salary is between 30000 - 42000 £ per year.
Company Details
- Experience working within Financial Lines as an Underwriting Assistant or Assistant Underwriter
- Passionate about commercial D&O
- Presentable
- Proactive
- Good communication skills, both verbally and in writing
- Ability to manage time, meet deadlines and prioritise
- Accuracy
- Computer literate with good working knowledge of the Microsoft Office suite
- Good numeric and analytical skills
- Team working
- Customer focused
Responsibilities
We are looking for an experienced Assistant Underwriter to join our Financial Lines team, focusing on Commercial D&O for our Lloyds Syndicate.
- Underwrite within limited underwriting authority and underwriting guidelines to aid senior underwriters;
- Proactive engagement with the underwriters and their brokers to develop individual experience whilst maintaining team culture;
- Monitoring income, signings, chasing late payments and renewals, as required;
- To prepare and provide statistics and information in order to serve the requirements of the underwriting team and clients;
- Provide efficient and timely administrative support for the underwriting team, including photocopying, scanning and entry of risk information where applicable;
- Control of risk information received, including ensuring that it is appropriately and electronically filed;
- Ensuring risk information is kept up to date and correct, and obtaining additional risk information as required;
- Take an active role in departmental meetings and team discussions;
- Participate in Broker entertainment events and positively represent the Syndicate within the marketplace;
- Comply with external and internal regulatory and statutory policies, procedures and regulations;
- Train junior staff as and when required;
- To be aware of all matters relating to the underwriting team and report on this and when required by the business.
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Assistant Underwriter employer: W. R. Berkley Corporation
Contact Detail:
W. R. Berkley Corporation Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Underwriter
✨Tip Number 1
Make sure to familiarize yourself with the specific requirements and responsibilities of the Assistant Underwriter role, especially in relation to Commercial D&O. Understanding the nuances of this area will help you engage more effectively during interviews.
✨Tip Number 2
Network with professionals in the underwriting field, particularly those who work with Lloyds Syndicates. Attend industry events or webinars to build connections that could provide insights or referrals for the position.
✨Tip Number 3
Demonstrate your proactive nature by preparing questions about the team culture and how you can contribute to it. This shows your enthusiasm for being a part of their team and your commitment to collaboration.
✨Tip Number 4
Highlight any experience you have with managing risk information and administrative tasks in your discussions. Being able to articulate your organizational skills and attention to detail will set you apart as a candidate.
We think you need these skills to ace Assistant Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience as an Underwriting Assistant or Assistant Underwriter, especially in Financial Lines. Emphasize your skills in commercial D&O and any relevant achievements.
Craft a Strong Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention your proactive approach, good communication skills, and ability to manage time effectively. Relate your experiences to the responsibilities listed in the job description.
Highlight Technical Skills: Since the role requires good computer literacy and knowledge of Microsoft Office, make sure to mention specific software you are proficient in. Include any numeric and analytical skills that demonstrate your capability in handling risk information.
Showcase Teamwork and Customer Focus: In your application, provide examples of how you've worked effectively in a team and focused on customer needs. This could include experiences from previous roles where you engaged with brokers or participated in team discussions.
How to prepare for a job interview at W. R. Berkley Corporation
✨Show Your Passion for D&O
Make sure to express your enthusiasm for commercial Directors and Officers (D&O) insurance during the interview. Share any relevant experiences or insights that demonstrate your understanding of this niche within financial lines.
✨Highlight Your Communication Skills
Since good communication is key in this role, prepare examples of how you've effectively communicated with underwriters, brokers, or clients in the past. This will showcase your ability to engage proactively with stakeholders.
✨Demonstrate Your Analytical Skills
Be ready to discuss your numeric and analytical skills. You might be asked to analyze data or provide statistics, so think of specific instances where you've successfully used these skills in previous roles.
✨Emphasize Teamwork and Culture Fit
The company values a strong team culture, so be prepared to talk about your experiences working in teams. Highlight how you contribute to a positive work environment and how you can support junior staff as needed.