Underwriting Administrator (Offshore)
Underwriting Administrator (Offshore)

Underwriting Administrator (Offshore)

London Full-Time 28800 - 43200 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Support the Underwriting division with data entry, quality checks, and administrative tasks.
  • Company: Join Starr Insurance, a global leader in insurance and investment since 1919.
  • Benefits: Enjoy first-class training, development opportunities, and an inclusive work environment.
  • Why this job: Be part of a fast-growing company that values talent and offers impactful projects.
  • Qualifications: No specific qualifications required; just a willingness to learn and grow.
  • Other info: This role involves teamwork and communication with internal and external stakeholders.

The predicted salary is between 28800 - 43200 £ per year.

Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world. Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world's fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.

To support the Underwriting division through defined administrative responsibilities:

  • Enter risk and policy data into the Underwriting system(s) within the defined Service Level Agreements.
  • Undertake peer-to-peer quality assurance checks within the defined Service Level Agreements.
  • Ensure all risk and policy queries are communicated through the appropriate channels and responded to in a timely manner.
  • Process unmatched USMs within the defined Service Level Agreements and escalate any issues through the appropriate channels.
  • Ensure all tasks are completed for month-end close.
  • Assist with credit control and provide support to the credit control team with aged debt and excess cash queries when required.
  • Attend team, departmental and divisional meetings to build, and maintain, internal relationships and continue understanding of the business.
  • Scan and store all documentation into the document management storage folders as required.
  • Ensure that Underwriting files are complete and accurate. Obtain any outstanding items from the underwriting team.
  • Assist with, and drive forward, company projects as required.
  • Assist with the training of new team members and act as a Subject Matter Expert as requested by the management team.
  • Undertake other appropriate ad-hoc tasks as requested by the management team.
  • Maintain business logs and renewal pipeline spreadsheets.
  • Assist with peer review.
  • Ensure PBQA/CC is complete.
  • Assist with collating information for binder/lineslip renewals.
  • Assist FL Portfolio analyst as required.
  • Responsibilities are all internal focused; UWAs will be required to deal with brokers and external third parties, thinking aged debt, chasing brokers for missing file documents, etc.
  • Assist with internal and external audits.
  • Ad hoc reporting as required.
  • Report any suspicion of financial crime to the Money Laundering Reporting Officer immediately.
  • Operate within the Company's standards for Treating Customers Fairly.
  • Manage any potential conflicts of interest to avoid disrepute to the company's integrity.
  • Advise Compliance of any complaints immediately.

Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.

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Contact Detail:

Starr Insurance Companies Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Underwriting Administrator (Offshore)

✨Tip Number 1

Familiarise yourself with the insurance industry, particularly in underwriting processes. Understanding the basics of risk assessment and policy management will give you a solid foundation to discuss during interviews.

✨Tip Number 2

Network with professionals in the insurance sector, especially those working in underwriting. Attend industry events or join relevant online forums to gain insights and potentially get referrals.

✨Tip Number 3

Brush up on your data entry and administrative skills, as these are crucial for the Underwriting Administrator role. Consider taking a short course or practising with relevant software to enhance your proficiency.

✨Tip Number 4

Prepare to demonstrate your ability to handle queries and communicate effectively. Think of examples from your past experiences where you successfully resolved issues or improved processes, as this will showcase your problem-solving skills.

We think you need these skills to ace Underwriting Administrator (Offshore)

Data Entry Skills
Attention to Detail
Quality Assurance
Communication Skills
Time Management
Problem-Solving Skills
Document Management
Team Collaboration
Credit Control Knowledge
Organisational Skills
Adaptability
Understanding of Insurance Policies
Proficiency in Microsoft Excel
Ability to Handle Confidential Information
Customer Service Orientation

Some tips for your application 🫡

Understand the Role: Read the job description carefully to understand the responsibilities and requirements of the Underwriting Administrator position. Tailor your application to highlight relevant skills and experiences that align with these duties.

Craft a Strong CV: Ensure your CV is up-to-date and clearly outlines your relevant experience, particularly in administrative roles or the insurance industry. Use bullet points for clarity and focus on achievements that demonstrate your ability to meet the job's demands.

Write a Compelling Cover Letter: Your cover letter should express your enthusiasm for the role and the company. Highlight specific experiences that relate to the tasks mentioned in the job description, such as data entry, quality assurance checks, and teamwork.

Proofread Your Application: Before submitting, thoroughly proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects attention to detail, which is crucial for the Underwriting Administrator role.

How to prepare for a job interview at Starr Insurance Companies

✨Understand the Role

Make sure you thoroughly understand the responsibilities of an Underwriting Administrator. Familiarise yourself with the key tasks such as data entry, quality assurance checks, and communication protocols. This will help you demonstrate your knowledge during the interview.

✨Showcase Your Attention to Detail

Since the role involves ensuring accuracy in underwriting files and processing queries, be prepared to discuss examples from your past experiences where your attention to detail made a difference. Highlight any relevant experience in administrative roles or similar environments.

✨Prepare for Scenario Questions

Expect scenario-based questions that assess your problem-solving skills and ability to handle conflicts. Think about how you would manage aged debt or missing documentation, and be ready to explain your thought process clearly.

✨Emphasise Teamwork and Communication Skills

As the role requires collaboration with various teams and external parties, be sure to highlight your teamwork and communication skills. Share specific instances where you successfully worked within a team or communicated effectively to resolve issues.

Underwriting Administrator (Offshore)
Starr Insurance Companies
S
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