At a Glance
- Tasks: Support underwriting decisions and maintain high-quality product documentation in a dynamic insurance environment.
- Company: A forward-thinking insurance business focused on growth and innovation.
- Benefits: Competitive salary, full training, and clear progression opportunities.
- Why this job: Gain exposure to underwriting strategy and work with senior stakeholders while developing your expertise.
- Qualifications: 3 years in insurance or financial services; strong numerical skills required.
- Other info: Collaborative culture with opportunities for personal and professional growth.
The predicted salary is between 30000 - 40000 £ per year.
An exciting opportunity has arisen for an Underwriting Administrator to join a growing and forward-thinking insurance business. This role offers real variety, combining underwriting support, product governance, compliance and data analysis, with clear exposure to underwriting strategy and senior stakeholders. You’ll play a key role in supporting underwriting decisions, maintaining high-quality product documentation, and ensuring regulatory and Consumer Duty standards are met. Full training will be provided, making this an excellent opportunity for someone looking to develop their underwriting and product expertise within the general insurance market.
What’s in It for You
- Competitive salary of £30,000–£40,000
- Full training and development provided
- Exposure to underwriting strategy, product governance and senior stakeholders
- A varied role with genuine scope for progression
- Supportive and collaborative working environment
Key Responsibilities
- Underwriting & Risk Support
- Support senior underwriting leadership in assessing and underwriting multi-line general insurance risks.
- Make confident underwriting decisions within delegated authority, escalating where required.
- Analyse risk information, claims data and performance metrics to support pricing and underwriting decisions.
- Respond to internal and external underwriting referrals and technical queries.
- Maintain accurate underwriting records and audit trails.
- Portfolio & Performance
- Monitor portfolio performance, identifying trends, risks and opportunities.
- Assist with pricing reviews, rate changes and product enhancements.
- Interpret sales and claims data to support commercially balanced decisions.
- Undertake competitor research and market analysis.
- Product & Documentation
- Review, update and proofread product documentation including policy wordings, certificates, IPIDs and terms of business.
- Ensure website content remains aligned with current product documentation.
- Carry out audits of policy documentation to ensure accuracy and regulatory compliance.
- Compliance & Governance
- Support FCA compliance, Consumer Duty and Treating Customers Fairly requirements.
- Assist with product governance activities, including fair value assessments and target market considerations.
- Produce and maintain documentation to meet regulatory obligations.
- Work closely with Operations and Compliance teams on governance matters.
- Stakeholder Engagement
- Build and maintain strong relationships with insurers, capacity providers and internal teams.
- Provide clear, professional and technical support across the business.
- General
- Complete required online training and development courses.
- Support business growth and new product initiatives.
- Undertake other duties as reasonably required.
About You
Essential Experience & Qualifications
- Minimum 3 years’ experience within insurance or financial services (underwriting experience desirable).
- GCSEs (or equivalent) including English and Maths, plus A-levels.
- Strong numerical ability and confidence working with MI and performance data.
Desirable
- Degree or equivalent qualification.
Skills & Attributes
- Highly organised with excellent attention to detail.
- Strong communication and interpersonal skills, both written and verbal.
- Commercially minded with strong problem-solving abilities.
- Confident working autonomously while knowing when to escalate.
- Comfortable managing multiple priorities and tight deadlines.
- Proactive, curious and keen to learn and challenge existing processes.
If you have not been contacted within 5 working days, then unfortunately on this occasion your CV has not been shortlisted.
Locations
Underwriting Administrator in Guildford, Surrey employer: 2i Recruit Ltd
Contact Detail:
2i Recruit Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriting Administrator in Guildford, Surrey
✨Tip Number 1
Network like a pro! Reach out to people in the insurance industry, especially those working in underwriting. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by researching the company and its underwriting strategies. Show us you’re not just another candidate; demonstrate your understanding of their products and how you can contribute to their goals.
✨Tip Number 3
Practice your responses to common interview questions, especially around risk assessment and compliance. We want to see your confidence shine through when discussing your experience and skills!
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can keep you fresh in their minds and show us that you’re genuinely interested in the role.
We think you need these skills to ace Underwriting Administrator in Guildford, Surrey
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight any relevant underwriting or insurance experience, and don’t forget to showcase your strong numerical ability and attention to detail!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re excited about the Underwriting Administrator role and how your background makes you a perfect fit. Be sure to mention your interest in product governance and compliance.
Showcase Your Skills: In your application, emphasise your communication and interpersonal skills. We want to see how you can build relationships with stakeholders and support senior underwriting leadership. Give examples of how you've done this in the past!
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. Don’t miss out on this exciting opportunity!
How to prepare for a job interview at 2i Recruit Ltd
✨Know Your Underwriting Basics
Before the interview, brush up on your underwriting knowledge. Understand key concepts like risk assessment and pricing strategies. This will help you speak confidently about how you can support senior leadership in making informed decisions.
✨Showcase Your Analytical Skills
Be prepared to discuss your experience with data analysis. Highlight specific examples where you've used performance metrics or claims data to influence decisions. This will demonstrate your ability to interpret information effectively, which is crucial for the role.
✨Familiarise Yourself with Compliance Standards
Since compliance is a big part of the job, make sure you understand FCA regulations and Consumer Duty principles. Bring up any relevant experiences you have in maintaining regulatory standards, as this will show your commitment to governance.
✨Engage with Stakeholder Scenarios
Think about how you would build relationships with internal teams and external partners. Prepare to discuss past experiences where you’ve successfully communicated technical information or resolved queries, as strong interpersonal skills are key for this role.