Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Support Underwriters by processing risks and preparing compliance checks.
- Company: Join a dynamic insurance firm focused on growth and innovation.
- Benefits: Gain valuable experience, develop skills, and enjoy a supportive work environment.
- Other info: Opportunity for career advancement in a collaborative team.
- Why this job: Kickstart your career in insurance while learning from industry experts.
- Qualifications: Basic understanding of insurance principles and strong communication skills.
The predicted salary is between 25000 - 35000 £ 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 employer: Africa Specialty Risks
Contact Detail:
Africa Specialty Risks Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriting Assistant
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work in underwriting. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your understanding of insurance principles and underwriting processes. We recommend practising common interview questions and having examples ready that showcase your analytical skills.
✨Tip Number 3
Don’t just wait for job alerts! Regularly check our website for new openings. Sometimes the best opportunities are posted directly, and you want to be one of the first to apply.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can leave a lasting impression. It shows your enthusiasm for the role and keeps you fresh in their minds.
We think you need these skills to ace Underwriting Assistant
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 knowledge or analytical skills you have, as this will show us you're a great fit for the role.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're interested in the Underwriting Assistant position. Share specific examples of how your background aligns with our business objectives and the insurance market.
Showcase Your Communication Skills: Since effective communication is key in this role, make sure your application is clear and concise. Use straightforward language and structure your thoughts logically to demonstrate your ability to communicate effectively.
Apply Through Our Website: We encourage you to apply directly through our website. This way, you can ensure your application reaches us quickly and you'll be able to keep track of your application status easily!
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, as this will show your potential employer that you’re genuinely interested in the role and have done your homework.
✨Prepare for Compliance Questions
Since compliance is a big part of the job, be ready to discuss how you would handle compliance checks and data governance. Think of examples from your past experiences where you ensured accuracy and adhered to regulations, as this will demonstrate your attention to detail.
✨Showcase Your Analytical Skills
The role requires strong analytical and problem-solving skills. Prepare to discuss specific instances where you’ve used these skills effectively. Use the STAR method (Situation, Task, Action, Result) to structure your answers and make them impactful.
✨Build Rapport with Interviewers
Effective communication is key in this role, so practice building rapport during the interview. Be friendly, listen actively, and engage with your interviewers. This will not only help you stand out but also show that you can work well with others, which is crucial in a team-oriented environment.