Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Support Underwriters by processing risks and conducting compliance checks.
- Company: Dynamic insurance firm focused on political violence and terrorism underwriting.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Other info: Opportunity to grow your career in a fast-paced, supportive team.
- Why this job: Gain valuable underwriting experience while making a real impact in the insurance industry.
- Qualifications: Basic understanding of insurance principles and strong analytical skills.
The predicted salary is between 36000 - 60000 £ per year.
Role Purpose: Support the execution of the business plan by accepting the risks and processing them (including carrying out all the relevant compliance checks, gathering all the data) in order to create a short pack for the Underwriters’ review. Supporting the Underwriting process, focusing on developing underwriting skills and technical knowledge whilst assisting Underwriters to manage existing accounts and future growth successfully.
Role Responsibilities:
- Prepare and report figures and statistics to the Underwriters (London, Mauritius and Dubai) on an ad hoc basis.
- Prepare compliance terms for underwriter’s authorisation.
- Ensure accurate entry of risks onto the underwriting system and pricing models.
- Ensure accurate entry of policy aggregate information onto the relevant software and spreadsheets, as required.
- Copy/scan slips and other risk information as requested.
- Ensure the syndicate records and files are maintained efficiently.
- Monitor aggregate exposures of live risks on a daily basis and report to Underwriters.
- Liaise with brokers and service providers as appropriate and directed by senior team members.
- Assist underwriters in delivery of their accountabilities and support with the efficient operation of the business, as directed by underwriters.
- Maintain all underwriting records accurately and efficiently.
- Demonstrate awareness of, and adherence to:
- data governance framework; escalating material issues in a timely manner
- risks in your area; working within the parameters of the framework, including recording of losses or near misses
- the document management policy, whether as document author, reviewer, or user.
Skills & Experience:
Essential:
- Understanding of business objectives and the market in which we operate.
- A basic understanding of insurance principles, key disciplines of underwriting and claims, types of insurance products, and underwriting processes.
- Ability to plan and organise own role effectively.
- Demonstrated analytical and problem solving skills.
- Effective communication and rapport building skills.
- Intellectual curiosity.
Desirable:
- Good understanding of risk management and governance framework and how own role fits into it.
- Ability to be assertive when appropriate.
- Influencing skills.
Underwriting Assistant - Political Violence & Terrorism in City of London employer: Africa Specialty Risks
Contact Detail:
Africa Specialty Risks Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriting Assistant - Political Violence & Terrorism in City of London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work in underwriting or related fields. A friendly chat can lead to valuable insights and even job leads.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of insurance principles and underwriting processes. We want you to show off your analytical skills and problem-solving abilities when it counts!
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can keep you fresh in the interviewer's mind and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website for the best chance at landing that Underwriting Assistant role. We’re all about making connections and finding the right fit, so don’t miss out!
We think you need these skills to ace Underwriting Assistant - Political Violence & Terrorism in City of London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your understanding of underwriting principles and the specific skills mentioned in the job description. We want to see how you fit into our world!
Showcase Your Analytical Skills: Since the role involves preparing figures and statistics, don’t shy away from showcasing any relevant experience or projects that demonstrate your analytical prowess. We love a good number cruncher!
Communicate Clearly: Effective communication is key in this role, so ensure your application reflects your ability to convey information clearly. Use straightforward language and structure your thoughts logically – it’ll make a great impression on us!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Africa Specialty Risks
✨Know Your Underwriting Basics
Before the interview, brush up on your understanding of insurance principles and underwriting processes. Familiarise yourself with key terms and concepts related to political violence and terrorism insurance. This will show that you’re not just interested in the role but also have a foundational knowledge that can help you contribute effectively.
✨Prepare for Data Discussions
Since the role involves preparing figures and statistics, be ready to discuss how you would handle data entry and reporting. Think of examples from your past experiences where you successfully managed data or compliance checks. This will demonstrate your analytical skills and attention to detail.
✨Showcase Your Communication Skills
Effective communication is key in this role, especially when liaising with brokers and service providers. Prepare to share examples of how you've built rapport in previous roles. Practising clear and concise explanations of complex topics can also help you stand out during the interview.
✨Demonstrate Your Curiosity
Intellectual curiosity is essential for this position. Be prepared to ask insightful questions about the company’s approach to risk management and how the underwriting team operates. This shows that you’re engaged and eager to learn, which is a great trait for an Underwriting Assistant.