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For Companies At a Glance
- Tasks: Oversee risk administration and support the Underwriting Team in a dynamic environment.
- Company: Join a highly regarded Wealth and Asset Management company in London.
- Benefits: Enjoy a competitive salary up to £65,000 plus a generous 15% bonus.
- Why this job: Great opportunity to develop your career in insurance operations with a supportive culture.
- Qualifications: Experience in insurance operations and familiarity with London Market processes is essential.
- Other info: This is a permanent role with opportunities for growth and automation initiatives.
The predicted salary is between 44000 - 66000 £ per year.
Quick Registration First Name * Last Name * e-mail * Phone * Sector Location
Trainee Underwriting Assistant – Lloyd’s
We have a 6 month contract for Business Analysts with
We looking for an HR Administrator with 12 months exp
A Wealth and Asset Management company based in the
Delegated Authority Technician. £40,000 – £55,000This
Underwriting Operations Business Partner
Date: 5 Sep 2023
Sector: INSURANCE
Type: Permanent
Location: London
Salary: £55000 – 65000 per annum
Email:
Ref: BT715
Underwriting Operations Business Partner to £65,000
This would be an excellent opportunity for a candidate with insurance operations experience and familiarity with London Market Insurance processes and systems to develop their career and move to a this highly regarded underwriters. The company offer a full benefits package including generous on target bonus of 15% .
The successful candidate will be responsible for the risk administration service delivery by an Outsourced Business Partner, and Underwriting Operations to an Underwriting Team.
Main duties
Oversight of the risk administration Standard Operating Procedures, process flow charts and controls relevant to the Political Risks & Political Violence Underwriting Teams. Amend documentation annually, or whenever business change is planned.
Act as the key contact, co-ordinator and point of escalation between the Underwriting Team, Underwriting Operations and the Outsourced Business Partner. Respond to queries from all stakeholders to ensure an efficient service is delivered. Attend / lead meetings as required with relevant stakeholders.
Responsible for the management and training of the Underwriting Operations Team members who support the Underwriting Team.
Standardise services alongside other Underwriting Operations Business Partners who are responsible for different Underwriting Teams, to create flexibility in operational support model during peak periods and business needs.
Identify opportunities to automate or outsource further tasks and follow governance processes and testing associated with the changes.
Monitor daily / weekly / monthly KPIs updating Senior Operations and Underwriting Management. Ensure workflows remain in service and maintain a high level of data quality.
Coordinate shared email boxes supporting the Underwriting Team. Triage correspondence and action promptly to avoid backlogs.
Monitor data quality entry by the Outsourced Business Partner and Underwriting Operations Assistants in via sample checks and exceptions reports. Perform root cause analysis for any issues.
Support the organisations Board’s to maintain a corporate culture, policies and procedures that pay due regard to the interests of customers and treats them fairly at all times.
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Underwriting Operations Business Partner employer: Taylor James Resourcing
Contact Detail:
Taylor James Resourcing Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriting Operations Business Partner
✨Tip Number 1
Familiarize yourself with the London Market Insurance processes and systems. Understanding these will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the insurance industry, especially those who work in underwriting operations. This can provide you with valuable insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss your experience with risk administration and how you've managed teams or projects in the past. Highlighting relevant examples will make you stand out.
✨Tip Number 4
Stay updated on current trends and challenges in the insurance sector, particularly around automation and outsourcing. This knowledge can set you apart as a forward-thinking candidate.
We think you need these skills to ace Underwriting Operations Business Partner
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Underwriting Operations Business Partner position. Familiarize yourself with the key duties such as risk administration service delivery and stakeholder management.
Tailor Your CV: Customize your CV to highlight relevant experience in insurance operations and familiarity with London Market Insurance processes. Emphasize any previous roles where you managed teams or oversaw operational procedures.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your understanding of the role and how your skills align with the company's needs. Mention specific examples of how you've successfully handled similar responsibilities in the past.
Proofread Your Application: Before submitting, carefully proofread your application materials for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial for the role.
How to prepare for a job interview at Taylor James Resourcing
✨Understand the London Market Insurance Processes
Make sure you have a solid grasp of the London Market Insurance processes and systems. Familiarize yourself with the specific operations and challenges faced in this sector, as it will demonstrate your readiness for the role.
✨Prepare for Stakeholder Interaction
Since you'll be acting as a key contact between various teams, practice how to effectively communicate and coordinate with different stakeholders. Think of examples from your past experiences where you successfully managed similar interactions.
✨Showcase Your Analytical Skills
Be ready to discuss your experience with data quality monitoring and root cause analysis. Prepare specific examples that highlight your ability to identify issues and implement solutions, as these skills are crucial for the role.
✨Highlight Your Leadership Experience
As the role involves managing and training team members, be prepared to talk about your leadership style and any relevant experiences. Share how you've successfully led teams or projects in the past, focusing on your ability to motivate and develop others.
