At a Glance
- Tasks: Assist underwriters by managing enquiries and ensuring accurate documentation for risk assessment.
- Company: Join a leading insurance firm with a focus on teamwork and innovation.
- Benefits: Competitive salary, flexible working hours, and opportunities for professional growth.
- Other info: Engaging work environment with a focus on collaboration and continuous learning.
- Why this job: Be part of a dynamic team that shapes the future of insurance in Europe.
- Qualifications: Strong analytical skills and at least 1 year of insurance experience preferred.
The predicted salary is between 28800 - 43200 £ per year.
Duties and Responsibilities:
- Respond to enquiries from brokers received by phone, e-mail or online platform in a courteous and helpful manner ensuring all information to enable the underwriting of any risk is obtained and filed correctly.
- Ensure receipt of and review of outstanding information (including the underlying / followed policies) to ensure consistency with the terms and conditions agreed at binding.
- Regular liaison with our claims team to ensure underwriters have up to date claims information on all renewal accounts.
- Conduct referrals to the compliance department in conjunction with the underwriters to ensure all risks are subject to any required checks.
- Conduct quarterly reviews of the underwriting files to ensure that all the required documentation is present and accounted for.
- Accountable for ensuring that the underwriting files are kept in an orderly manner and in accordance with the underwriting guidelines and in conjunction with the underwriters.
- Maintain frequent dialogue with the Underwriting Operations team to ensure that files are maintained at the expected and required level of completeness.
- Assist with the creation and updating of business logs and other tools as required.
- Liaise regularly with our credit control team and work with them to resolve any issues with late premium payment, taxes or reconciliation.
- Maintain up to date knowledge of current affairs and market trends through individual research and team discussions.
Person Specification:
- Excellent analytical skills and an understanding of pricing capable of dealing with tight reporting deadlines and conflicting priorities.
- Overall team player with a collaborative outlook.
- Ideally 1 year+ Insurance Experience.
Assistant Underwriter, Europe Property Division employer: Allied World
As an Assistant Underwriter in our Europe Property Division, you will thrive in a dynamic and supportive work environment that values collaboration and professional growth. Our company offers comprehensive training programmes, competitive benefits, and a culture that encourages innovation and teamwork, making it an excellent place for those seeking meaningful and rewarding employment in the insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Underwriter, Europe Property Division
✨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 that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of current market trends and compliance regulations. We want you to impress with your analytical skills and understanding of pricing, so do your homework!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Use our website to find roles that excite you and match your skills, like the Assistant Underwriter position.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can keep you top of mind. Show your enthusiasm for the role and remind them why you’re the perfect fit for their team.
We think you need these skills to ace Assistant Underwriter, Europe Property Division
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights relevant experience, especially in insurance and underwriting. We want to see how your skills match the role, so don’t be shy about showcasing your analytical abilities and teamwork.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re interested in the Assistant Underwriter position and how your background makes you a great fit. Keep it friendly and professional, just like we do at StudySmarter.
Showcase Your Communication Skills:Since the role involves liaising with brokers and teams, highlight any experience you have in customer service or communication. We love candidates who can convey information clearly and courteously, so let that shine through!
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 shows you’re keen on joining our team!
How to prepare for a job interview at Allied World
✨Know Your Stuff
Make sure you brush up on your insurance knowledge, especially around underwriting processes and market trends. Familiarise yourself with the specific duties mentioned in the job description, like liaising with brokers and claims teams, so you can speak confidently about how your experience aligns.
✨Show Off Your Analytical Skills
Since the role requires excellent analytical skills, prepare to discuss examples from your past where you've successfully analysed data or pricing. Think of situations where you had to make decisions based on conflicting information and how you navigated those challenges.
✨Be a Team Player
This position emphasises collaboration, so be ready to share experiences that highlight your ability to work well within a team. Discuss how you've contributed to team goals and maintained open communication, especially when dealing with cross-functional teams like credit control or compliance.
✨Stay Current
Demonstrate your commitment to staying informed about current affairs and market trends. Bring up recent news or changes in the insurance industry during your interview to show that you're proactive and engaged. This will also help you connect with the interviewers on a professional level.
