At a Glance
- Tasks: Support the Delegated Authority Team with reports, audits, and data management.
- Company: Starr Insurance is a leading global insurance and investment organisation, rapidly growing across 128 countries.
- Benefits: Enjoy first-class training, development opportunities, and a commitment to inclusivity.
- Why this job: Join a dynamic team, gain valuable experience, and contribute to a reputable company making an impact.
- Qualifications: Ideal for candidates with 1-2 years in General Insurance or recent graduates with strong attention to detail.
- Other info: We value diversity and are committed to creating an inclusive environment for all employees.
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.
Role Purpose
To provide the Delegated Authority Team support in relation to binding authorities business, Line slips, Consortium, Bordereaux and Coverholder Audits. The Delegated Authority Assistant will provide support to the Delegated Authority team in their day-to-day activities.
Responsibilities:
- Manage the ‘Coverholder Tracker’ sheet, and Line slip Sheet for all accounts recorded.
- Assist in the preparation of Coverholder, Line and Audit reports.
- Undertake line slip due diligence with training and guidance.
- Assist with the monthly Delegated Authority Oversight Group Reports.
- Produce ad-hoc management information reports upon request.
- Assist with the Bordereaux into VIPR.
- Assist with any Ad hoc Reporting request.
- Assist with VIPR broker and Underwriter liaison.
- Immediately report any suspicion of financial crime to the Money Laundering Reporting Officer.
- Manage any potential conflicts of interest to avoid disrepute to the company’s integrity.
- Immediately advise Compliance of any complaints.
- Operate within the Company’s standards for Treating Customers Fairly.
- Submit timely and accurate information for internal reports.
- Receive feedback from internal and external stakeholders on service delivery and knowledge of their specific business needs.
- Maintain high standards of accuracy and data integrity.
- Ensure accuracy of file construction / binder construction.
Experience:
This is the perfect opportunity for a candidate who has 1 – 2 years’ experience in General Insurance or the London Market and is looking to attain CII qualifications, or a recent graduate / well-qualified school/college leaver. We are looking for a candidate who will have a high attention to detail, good at problem solving, be an excellent communicator and have advanced excel skills.
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.
About Us
Starr Insurance is a global insurance and investment organization providing property and casualty insurance solutions to business and industry, and one of the fastest-growing insurance companies in the world. Our talented and experienced associates manage risk and ultimately support the profitable growth of organizations in a dynamic, competitive and ever-changing marketplace. Join us and become part of our talented and passionate workforce.
Delegated Authority Assistant employer: Starr Companies
Contact Detail:
Starr Companies Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Delegated Authority Assistant
✨Tip Number 1
Familiarise yourself with the insurance industry, particularly the London Market. Understanding key terms and processes related to delegated authority will help you stand out during interviews.
✨Tip Number 2
Network with professionals in the insurance sector. Attend industry events or join relevant online forums to connect with people who can provide insights and potentially refer you to opportunities at Starr.
✨Tip Number 3
Brush up on your Excel skills, as advanced proficiency is a requirement for this role. Consider taking an online course or practicing with real-world data to demonstrate your capabilities.
✨Tip Number 4
Prepare to discuss your attention to detail and problem-solving skills in interviews. Think of specific examples from your past experiences that showcase these abilities, as they are crucial for the Delegated Authority Assistant role.
We think you need these skills to ace Delegated Authority Assistant
Some tips for your application 🫡
Understand the Role: Read through the job description carefully to understand the responsibilities and requirements of the Delegated Authority Assistant position. Tailor your application to highlight relevant experience and skills that match what Starr Insurance Companies are looking for.
Highlight Relevant Experience: If you have 1-2 years of experience in General Insurance or the London Market, make sure to emphasise this in your CV and cover letter. Include specific examples of your previous work that demonstrate your attention to detail, problem-solving abilities, and communication skills.
Craft a Strong Cover Letter: Write a compelling cover letter that not only introduces yourself but also explains why you are interested in the role and how your background makes you a suitable candidate. Mention your advanced Excel skills and any relevant qualifications, such as CII aspirations.
Proofread Your Application: Before submitting your application, take the time to proofread your CV and cover letter. Check for any spelling or grammatical errors, and ensure that all information is accurate and presented clearly. A polished application reflects your professionalism and attention to detail.
How to prepare for a job interview at Starr Companies
✨Know Your Insurance Basics
Familiarise yourself with the fundamentals of general insurance and the London Market. Understanding key terms and concepts will help you engage in meaningful discussions during the interview.
✨Highlight Your Attention to Detail
Since the role requires high accuracy and data integrity, be prepared to provide examples from your past experiences where your attention to detail made a significant impact. This could be in previous jobs, internships, or even academic projects.
✨Demonstrate Problem-Solving Skills
Think of specific instances where you've successfully solved problems, especially in a team setting. Be ready to discuss your thought process and how you approached challenges, as this will showcase your analytical abilities.
✨Prepare Questions for Them
Show your interest in the company by preparing thoughtful questions about their operations, culture, and future goals. This not only demonstrates your enthusiasm but also helps you assess if the company is the right fit for you.