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- Tasks: Support the Delegated Authority Team with reports, audits, and data management.
- 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: Perfect for detail-oriented problem solvers looking to kickstart their career in insurance.
- Qualifications: Ideal for those with 1-2 years in General Insurance or recent graduates with strong Excel skills.
- Other info: Starr values diversity and is committed to creating an inclusive workplace.
The predicted salary is between 36000 - 60000 £ 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:
- To manage the ‘Coverholder Tracker’ sheet, and Line slip Sheet for all accounts recorded.
- Assistance in the preparation of Coverholder, Line and Audit reports.
- Undertake line slip due diligence with training and guidance.
- Assistance with the monthly Delegated Authority Oversight Group Reports.
- Production of ad-hoc management information reports upon request.
- Assistance with the Bordereaux into VIPR.
- Assistance with any Ad hoc Reporting request.
- Assistance 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.
- Timely and accurate information submitted for internal reports.
- Feedback from internal and external stakeholders on service delivery and knowledge of their specific business needs.
- High standards of accuracy and data integrity.
- 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.
Delegated Authority Assistant employer: Starr Insurance Companies
Contact Detail:
Starr Insurance 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 and binding authorities will give you an edge in discussions during interviews.
✨Tip Number 2
Network with professionals in the insurance sector, especially those who work in delegated authority roles. Attend industry events or join relevant online forums to build connections that could lead to valuable insights or referrals.
✨Tip Number 3
Brush up on your Excel skills, as advanced proficiency is a requirement for this role. Consider taking online courses or tutorials to enhance your data management capabilities, which will be crucial for tasks like managing the Coverholder Tracker.
✨Tip Number 4
Prepare to discuss your attention to detail and problem-solving skills in your conversations with us. Think of specific examples from your past experiences where you demonstrated these qualities, as they are essential for success in this position.
We think you need these skills to ace Delegated Authority Assistant
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Delegated Authority Assistant. Familiarise yourself with terms like 'Coverholder Tracker', 'Line slips', and 'Bordereaux' to demonstrate your knowledge in your application.
Tailor Your CV: Highlight any relevant experience you have in General Insurance or the London Market. If you're a recent graduate, focus on your academic achievements and any internships or projects that relate to the role.
Craft a Strong Cover Letter: Use your cover letter to showcase your attention to detail and problem-solving skills. Mention specific examples from your past experiences that align with the job requirements, such as managing data or producing reports.
Proofread Your Application: Ensure your CV and cover letter are free from errors. A high standard of accuracy is crucial for this role, so take the time to review your documents carefully before submitting them through our website.
How to prepare for a job interview at Starr Insurance Companies
✨Know Your Role
Familiarise yourself with the responsibilities of a Delegated Authority Assistant. Understand the importance of managing Coverholder and Line slip sheets, as well as the significance of accuracy in reporting. This will help you demonstrate your knowledge during the interview.
✨Showcase Your Attention to Detail
Since this role requires high standards of accuracy and data integrity, be prepared to discuss examples from your past experiences where your attention to detail made a difference. Highlight any relevant projects or tasks that required meticulousness.
✨Demonstrate Problem-Solving Skills
Prepare to discuss situations where you've successfully solved problems, especially in a team setting. Employers value candidates who can think critically and find solutions, so share specific examples that showcase your problem-solving abilities.
✨Communicate Effectively
As an excellent communicator, you should be ready to explain complex concepts clearly and concisely. Practice articulating your thoughts on industry-related topics, as well as your understanding of the company's values and mission, to show you're a good fit for their culture.
