At a Glance
- Tasks: Assist in underwriting key accounts and drive new business growth.
- Company: Join a dynamic team focused on public sector insurance solutions.
- Benefits: Enjoy hybrid working, competitive salary, and opportunities for professional development.
- Why this job: Be part of a supportive culture that values growth and innovation in the insurance sector.
- Qualifications: Experience in underwriting or related fields is preferred; strong communication skills are essential.
- Other info: This role offers a chance to make a real impact in the public sector.
The predicted salary is between 25000 - 30000 £ per year.
We are seeking an experienced Senior Underwriter to join our client's Binder Management team. This role will be based in their Surrey office on a hybrid basis. The primary focus of this position is to underwrite key accounts, drive new business growth, and ensure the operational effectiveness of the Public Sector Delegated Authority Agreements (DAA).
Responsibilities:
- Manage day-to-day servicing and growth of Public Sector DAA
- Administer tasks in compliance with insurer procedures
- Process, record, and confirm instructions efficiently
- Provide regular updates and management information for each DAA
- Identify under-insurance and potential gaps in client cover
- Ensure DAA are fit for purpose and provide feedback on product development
- Support testing requirements of system DAA developments
- Comply with regulatory requirements and company procedures
- Maintain positive working relationships with clients, colleagues, insurers, and suppliers
- Identify training needs and development opportunities for team members
- Stay updated with technical, legal, and market developments through training
- Report problems outside of authority or experience level promptly
Contact Detail:
Click To Hired Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Underwriter
✨Tip Number 1
Familiarise yourself with the Public Sector Delegated Authority Agreements (DAA) and their operational processes. Understanding these agreements will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the underwriting field, especially those who work in the public sector. Engaging with industry experts can provide valuable insights and may even lead to referrals for the position.
✨Tip Number 3
Stay updated on the latest trends and regulations affecting the insurance industry, particularly in the public sector. This knowledge will show your proactive approach and readiness to tackle challenges in the role.
✨Tip Number 4
Prepare to discuss specific examples of how you've managed client relationships and identified gaps in coverage in previous roles. Real-life scenarios will illustrate your experience and problem-solving skills effectively.
We think you need these skills to ace Assistant Underwriter
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of an Assistant Underwriter in the Public Sector. Familiarise yourself with key terms and concepts related to underwriting and the specific requirements mentioned in the job description.
Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the job description. Emphasise any previous roles in underwriting or related fields, and showcase your ability to manage client relationships and compliance tasks.
Craft a Compelling Cover Letter: Write a cover letter that not only introduces yourself but also explains why you are a great fit for this role. Mention specific experiences that demonstrate your understanding of underwriting processes and your commitment to professional development.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail, which is crucial in the underwriting field.
How to prepare for a job interview at Click To Hired
✨Understand the Role
Make sure you have a solid grasp of what an Assistant Underwriter does, especially in the Public Sector. Familiarise yourself with key responsibilities like managing DAA and compliance procedures, as this will show your genuine interest in the role.
✨Prepare for Technical Questions
Expect questions related to underwriting principles and practices. Brush up on your knowledge of insurance regulations and market developments, as well as any specific software or systems used in underwriting.
✨Showcase Your Communication Skills
Since maintaining positive relationships is crucial, be ready to discuss how you've effectively communicated with clients and colleagues in the past. Use examples that highlight your ability to manage relationships and provide updates.
✨Demonstrate Problem-Solving Abilities
Be prepared to discuss how you've identified gaps in coverage or under-insurance in previous roles. Highlight your analytical skills and how you approach problem-solving, as this is key in underwriting.