At a Glance
- Tasks: Support the Underwriting team by processing new business and managing documentation.
- Company: Join Amwins Underwriting, a leading MGA with a collaborative culture.
- Benefits: Professional development, inclusive workplace, and opportunities for growth.
- Other info: Dynamic environment with a focus on teamwork and data accuracy.
- Why this job: Make an impact in a relationship-driven industry while developing your skills.
- Qualifications: Strong communication skills and a willingness to learn are essential.
The predicted salary is between 30000 - 40000 £ per year.
At Amwins Underwriting, we succeed together. We’re forging relationships that are built to last. With over 700 employees and over $4.5B of underwritten premium, we are one of the largest MGA platforms in the world. Insurance is a relationship-based business, and achieving success means hiring the best talent in the industry. When you join us, we will encourage and support your professional and personal development as we invest in you and your learning to help you succeed and grow.
We believe in a flat organisational structure that prizes expertise and relationships equally. We’ve built a workplace where talent, collaboration and inclusivity are valued, and our commitment to diversity, equity and inclusion helps cultivate an open, welcoming workplace where everyone who works with us can be themselves.
Introduction
Responsible for supporting the Underwriting team by processing new business, any adjustments and renewals as well as providing management information to Underwriters in a timely manner.
Responsibilities
- Process new business, renewals and any adjustments using departmental systems and complying with agreed procedures.
- Prepare and issue documentation complying with regulatory requirements.
- Accurately record, monitor and follow up quote data.
- Respond to queries from Underwriters and Unicorn’s Brokers in a timely and professional manner to enhance the reputation of Unicorn.
- Data verification to ensure integrity and accuracy of systems, data & MI.
- Discuss and prepare new business submissions for Underwriting as required.
- Develop relationships with Unicorn’s Brokers to ensure best possible service levels and successful outcomes.
- Provide regular management information and statistics to the team.
- Handle general administration duties.
- Undertake any other responsibilities which may become necessary for the proper performance of the role.
- Attend training & meetings where required.
- Support Underwriters with box presence.
Knowledge/Skills/Qualifications
- Good knowledge of relevant product class and the London Market an advantage.
- Excellent interpersonal skills.
- Able to analyse and understand data in various formats.
- Good communication skills both written and verbal.
- Strong organisational, prioritisation and time management skills.
- High level of accuracy and attention to detail.
- Willingness to learn and proactively self-develop.
- Good computer skills including Word, Excel, PowerPoint & Outlook.
- Proficient in rating tools & modelling software.
Key Competencies
- Accurate Data and Management of Information.
- Communicating and Influencing Skills.
- Numerical.
- Customer Focus.
- Decision Making.
- Information Seeking.
- Negotiation and Persuasion Skills.
- Planning and Organising.
- Relationship Building.
- Team Working.
- Data curiosity.
Underwriting Assistant in London employer: AMWINS UK
At Amwins Underwriting, we pride ourselves on fostering a collaborative and inclusive work environment where every employee is valued and supported in their professional journey. With a commitment to diversity and a flat organisational structure, we empower our team members to build lasting relationships while enjoying ample opportunities for personal growth and development. Located in a dynamic sector, our employees benefit from being part of one of the largest MGA platforms globally, ensuring a rewarding and meaningful career in the insurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriting Assistant in London
✨Dive into Insurance Networking Events
Get your foot in the door by attending local insurance networking events or job fairs. These gatherings are perfect for us to meet potential employers in a casual setting, and you might just find a great connection to help land that entry-level role!
✨Join Online Insurance Communities
Hop onto platforms like LinkedIn or specialised forums centred on insurance. Engage with discussions, ask questions, and showcase your eagerness to break into the industry. This visibility can make you stand out to hiring managers scouring these spaces for fresh talent.
✨Leverage University Resources
If you're fresh out of uni, make sure to utilise your university’s career services. They can connect us with companies looking for entry-level candidates, often before jobs are even advertised. Keep an eye on internship opportunities, as they can lead to full-time positions down the line!
✨Apply Directly Through Us!
Don't forget to check our website for any entry-level openings at AMWINS UK! Applying directly can give you a better chance to showcase your enthusiasm and passion for the insurance field, plus, it shows you’re keen to take the initiative.
We think you need these skills to ace Underwriting Assistant in London
Some tips for your application 🫡
Show Your Customer Service Skills:In the insurance industry, customer service is key! Highlight any experience you have in dealing with clients or customers, whether it's through a part-time job or volunteer work. Remember, we love seeing your potential to communicate effectively and empathise with clients in your application!
Tailor Your CV to Insurance Basics:When crafting your CV, don't forget to include any relevant courses or certifications you've taken in insurance or finance. If you've studied topics related to risk assessment or policy management, mention those! It shows us you're serious about getting into the insurance game.
Craft a Compelling Cover Letter:For entry-level roles, your cover letter is your chance to shine! Share why you're passionate about insurance and how you’re eager to learn and grow in this field. We want to see that you're genuinely excited about building your career with AMWINS UK!
Highlight Your Analytical Mindset:Insurance is all about assessing risks and understanding numbers. Make sure to mention any coursework or experience you have with data analysis or critical thinking. Even if it’s from school projects or personal interests, we want to see that you can think analytically!
How to prepare for a job interview at AMWINS UK
✨Know Your Basics: The Insurance Fundamentals
Understand the core concepts of insurance, such as risk assessment, underwriting, and claims processes. This knowledge will help us demonstrate our familiarity with the industry and prepare us for any technical questions that might pop up during the interview.
✨Prepare for Behavioural Questions
Insurance companies love behavioural interviews! We should think about times we've shown teamwork, problem-solving, and customer service skills. Reflecting on specific experiences will help us come across as reliable candidates who can handle the challenges of the role.
✨Show Enthusiasm for Learning
As this is an entry-level position, it's crucial to express our eagerness to learn and grow within the company. Employers like AMWINS UK want to see that we're enthusiastic about diving into the insurance world and building our knowledge base over time.
✨Research Industry Trends
Staying updated on the latest trends in the insurance sector, like digital transformation and regulatory changes, can set us apart. Mentioning these trends during the interview shows that we’re engaged and have a forward-thinking mindset, aligning well with the company’s goals.
