At a Glance
- Tasks: Support the Underwriting team 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, inclusive culture, and opportunities for growth.
- Why this job: Be part of a fast-growing company making an impact across 128 countries.
- Qualifications: No specific experience required; just a willingness to learn and grow.
- Other info: Diverse and inclusive workplace committed to treating everyone fairly.
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. 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.
- 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 will 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 are 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.
Underwriting Administrator (Financial Lines) employer: Starr Underwriting
Contact Detail:
Starr Underwriting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriting Administrator (Financial Lines)
✨Tip Number 1
Familiarise yourself with the insurance industry, particularly financial lines. Understanding key concepts and terminology will help you engage in meaningful conversations during interviews and demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the underwriting field. Attend industry events or join relevant online forums to connect with current employees at Starr Insurance Companies. This can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Prepare for potential interview questions by practising responses related to administrative tasks and quality assurance processes. Highlight your attention to detail and ability to manage multiple tasks efficiently, as these are crucial for the Underwriting Administrator role.
✨Tip Number 4
Research Starr Insurance Companies' values and recent projects. Being knowledgeable about the company’s mission and initiatives will allow you to tailor your discussions and show how you can contribute to their goals.
We think you need these skills to ace Underwriting Administrator (Financial Lines)
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 administrative experience, attention to detail, and any relevant financial or insurance knowledge. Use bullet points for clarity and focus on achievements that demonstrate your capability in similar roles.
Write a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Highlight specific experiences that showcase your ability to manage tasks like data entry, quality assurance checks, and communication with teams, as mentioned in the job description.
Proofread Your Application: Before submitting, thoroughly proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for the Underwriting Administrator role.
How to prepare for a job interview at Starr Underwriting
✨Understand the Role
Make sure you have a solid grasp of the responsibilities of an Underwriting Administrator. Familiarise yourself with tasks like data entry, quality assurance checks, and month-end close processes. This will help you demonstrate your knowledge and enthusiasm during the interview.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills and ability to handle specific situations, such as dealing with aged debt or processing unmatched USMs. Think of examples from your past experiences that showcase your ability to manage these challenges effectively.
✨Showcase Your Teamwork Skills
Since the role involves attending team meetings and assisting with training new members, be ready to discuss your experience working in teams. Highlight any instances where you contributed to team projects or helped colleagues, as this will show your collaborative spirit.
✨Demonstrate Attention to Detail
Given the importance of accuracy in underwriting files and documentation, be prepared to discuss how you ensure precision in your work. You might want to share specific methods or tools you use to maintain high standards in your administrative tasks.