At a Glance
- Tasks: Support the team in underwriting Marine Hull and Liability, manage compliance, and conduct market research.
- Company: Join a dynamic team focused on marine insurance with growth opportunities.
- Benefits: Enjoy a collaborative work environment and potential for career advancement.
- Why this job: This role offers hands-on experience and a chance to step up in your career.
- Qualifications: 5+ years as an Assistant Underwriter; open to recent Underwriters seeking a new challenge.
- Other info: Ideal for those ready to elevate their underwriting career in a supportive setting.
The predicted salary is between 36000 - 60000 Β£ per year.
Fantastic opportunity for a Marine Assistant Underwriter who is looking for that next step up!
Responsibilities will include:
- Supporting team in day to day Underwriting of Marine Hull and Liability book
- Assist in all other general underwriting administration and processing functions to ensure efficient workflow within the team
- Bound premium monitoring
- Preparing information for Underwriting purposes, specifically regarding account pricing and account performance analysis
- Coordinating RMS modelling with exposure analysis team
- Preparing Analysis Sheets with core account information
- Performing Marine market research and client information
- Managing Aged Debt and Credit control liaison
- Compliance with and evidencing of conduct risk requirements, including PBQA
- Reporting and tracking of outstanding audit / compliance requirements and liaising with internal audit
- Manage facultative reinsurance process
- Managing the Delegated underwriting process and Bindercloud submissions
- Liaising with insurance and reinsurance brokers
You will have at least 5 yearsβ experience working as an Assistant Underwriter and will be ready to make the move as Underwriter in the next year! My client will also consider candidates who have recently moved into an Underwriter position but looking for a change of environment.
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Assistant Underwriter β Marine employer: Next Employment
Contact Detail:
Next Employment Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Assistant Underwriter β Marine
β¨Tip Number 1
Make sure to highlight your experience in Marine Hull and Liability underwriting during any networking opportunities. Connect with professionals in the marine insurance sector on platforms like LinkedIn to gain insights and potentially get referrals.
β¨Tip Number 2
Stay updated on the latest trends and developments in the marine insurance market. This knowledge will not only help you in interviews but also demonstrate your commitment to the field.
β¨Tip Number 3
Consider reaching out to current or former employees of StudySmarter to learn more about the company culture and expectations for the Assistant Underwriter role. This can give you an edge in understanding what they value in candidates.
β¨Tip Number 4
Prepare specific examples of how you've managed compliance and audit requirements in your previous roles. Being able to discuss these experiences will show that you're ready to handle the responsibilities outlined in the job description.
We think you need these skills to ace Assistant Underwriter β Marine
Some tips for your application π«‘
Highlight Relevant Experience: Make sure to emphasize your 5+ years of experience as an Assistant Underwriter. Detail specific tasks you've handled, especially those related to Marine Hull and Liability underwriting.
Showcase Analytical Skills: Since the role involves account pricing and performance analysis, include examples of how you've successfully prepared analysis sheets or conducted market research in your previous roles.
Demonstrate Team Collaboration: Mention any experiences where you supported a team in underwriting processes or liaised with brokers. This will show your ability to work effectively within a team environment.
Address Compliance Knowledge: Discuss your familiarity with compliance requirements and risk management. Highlight any relevant experience with PBQA reporting or audit processes to demonstrate your understanding of conduct risk.
How to prepare for a job interview at Next Employment
β¨Showcase Your Underwriting Experience
Make sure to highlight your 5+ years of experience as an Assistant Underwriter. Be prepared to discuss specific examples of how you've supported underwriting processes, managed premium monitoring, and contributed to account performance analysis.
β¨Demonstrate Your Analytical Skills
Since the role involves preparing analysis sheets and conducting market research, be ready to talk about your analytical skills. Share instances where your analysis led to improved decision-making or efficiency in underwriting.
β¨Familiarize Yourself with Compliance Requirements
Understanding compliance and conduct risk requirements is crucial. Brush up on relevant regulations and be prepared to discuss how you have ensured compliance in your previous roles, especially regarding PBQA reporting.
β¨Prepare Questions for the Interviewers
Engage with your interviewers by preparing thoughtful questions. Ask about the team dynamics, the company's approach to marine underwriting, and opportunities for professional development within the organization.