At a Glance
- Tasks: Support underwriting operations and ensure smooth processing of accounts.
- Company: Join a global market leader in insurance with a focus on innovation.
- Benefits: Comprehensive training, competitive salary, and a strong focus on professional development.
- Other info: Dynamic team environment with a commitment to diversity and inclusion.
- Why this job: Kickstart your career in insurance with hands-on experience and growth opportunities.
- Qualifications: A-level education or equivalent, with general insurance knowledge and strong communication skills.
The predicted salary is between 30000 - 40000 £ per year.
Join us as a Specialist Underwriter Assistant to take your career to the next level with a global market leader.
How You Will Make An Impact
As a Specialist in our Underwriting Operations Team in Commercial property, you will be responsible for providing efficient and high-quality support to the UK Underwriting and Operations Teams. You will support the end-to-end underwriting/operations process through regular liaison with other functions to ensure the highest quality of service is delivered to our brokers and clients. This is a fantastic role for someone with good general insurance knowledge who wants to progress their career in operations supporting underwriting. You will be given comprehensive training and the opportunity to complete insurance qualifications.
Some Of The Key Responsibilities Include:
- Work with UW managers to support the lifecycle of the portfolio.
- Efficiently and accurately ensure all new business and renewal accounts are processed and tracked.
- Proactive engagement with Underwriting to ensure new and renewed accounts have an efficient and smooth account hand over, ensuring information received is understood and complete in order to process/instruct policies on systems and to the network.
- Liaise with Underwriters to ensure correct interpretation of data for accuracy and completeness.
- Maintain documentation and files, ensuring all documentation is retained centrally.
- Accountable for (RI) premium, (RI) commission and tax bookings in processing systems.
- Track implementation progress and liaise with our global network to resolve queries.
- Liaise with the Credit Control team – answering queries, tracking, and monitoring premium using core underwriting systems.
- Manage requests originating from clients and brokers, and refer to Underwriting as required.
- Regular interaction with our off-shore team – leading huddles, auditing work, quality control, supporting query resolution.
- Build strong relationships with internal and external stakeholders.
- Develop expert level knowledge with regards to systems, and processes and keep abreast of new guidelines published.
- Act as reference point for others in the team when questions come up and/or uncertainties exist.
- Support project work to ensure that existing processes meet requirements.
What You’ll Need To Succeed:
- Minimum A-level standard of education or equivalent business experience.
- General insurance knowledge.
- Knowledge of operations processes that underpin underwriting with regards to the following areas: Submission/Quotes, Risk specifics, basic pricing principles, Reinsurance concepts (FAC RI, Captive, Treaties etc.), Domestic market specifics and customs.
- Knowledge of premium allocation principles, (European) cross-border tax calculation & processing specifics as well as insurance accounting principles.
- Strong organisation skills with the ability to prioritise work and meet deadlines.
- Collaborative with the ability to build strong relationships with key internal and external stakeholders.
- Excellent communication skills.
- Strong problem solving skills.
- Attention to detail.
- Strong IT skills - experience of Microsoft Outlook, Word, Excel, Powerpoint, Teams and Power BI would be advantageous.
Benefits
At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.
AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories. AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.
Specialist Underwriting Assistant employer: AIG
At AIG, we pride ourselves on being a global market leader that values our employees as our greatest asset. As a Specialist Underwriting Assistant, you will benefit from a supportive work culture that prioritises professional development through comprehensive training and opportunities to gain insurance qualifications. Our Total Rewards Program ensures your health, wellbeing, and financial security are well taken care of, making AIG an excellent employer for those seeking meaningful and rewarding careers in the insurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Specialist Underwriting Assistant
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and understanding their values. Tailor your answers to show how your skills align with their needs, especially in underwriting operations.
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or use online resources to get comfortable with common questions. The more you practice, the more confident you'll feel when it counts.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Specialist Underwriting Assistant
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Specialist Underwriting Assistant role. Highlight your general insurance knowledge and any relevant experience in operations. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about underwriting and how your skills align with our needs. Let us know what excites you about joining our team at AIG.
Showcase Your Skills:Don’t forget to highlight your strong organisation skills and attention to detail. Mention any experience with Microsoft Office tools, as these are key for the role. We love seeing candidates who can communicate effectively and solve problems!
Apply Through Our Website:We encourage you to apply through our website for a smooth application process. It’s the best way for us to receive your application and get you on the path to joining our fantastic team!
How to prepare for a job interview at AIG
✨Know Your Insurance Basics
Brush up on your general insurance knowledge, especially around underwriting processes and reinsurance concepts. Being able to discuss these topics confidently will show that you understand the industry and are ready to contribute.
✨Familiarise Yourself with the Role
Take a deep dive into the job description and understand the key responsibilities. Be prepared to discuss how your skills align with tasks like processing accounts and liaising with underwriters. This shows you're not just interested in the role but have done your homework.
✨Prepare Questions for Your Interviewers
Think of insightful questions to ask during your interview. This could be about the team dynamics, training opportunities, or how success is measured in the role. It demonstrates your enthusiasm and helps you gauge if the company is the right fit for you.
✨Showcase Your Organisational Skills
Since the role requires strong organisational abilities, come prepared with examples of how you've successfully managed multiple tasks or projects in the past. Highlighting your attention to detail and ability to prioritise will resonate well with the interviewers.
