At a Glance
- Tasks: Support the Accident & Health division with reporting, compliance, and administrative tasks.
- Company: Join a global leader in Insurance and Reinsurance, known for its dynamic work environment.
- Benefits: Enjoy opportunities for professional development and a collaborative team culture.
- Why this job: Perfect for those passionate about insurance, offering growth and impactful relationships.
- Qualifications: A-Levels in Business, Finance, Economics or Maths preferred; 3 years' experience in Lloyd's required.
- Other info: Proficiency in IT and strong analytical skills are essential for success.
The predicted salary is between 36000 - 60000 £ per year.
This role offers a great opportunity for a confident, articulate, proactive and driven individual with at least 3 years’ experience working for a syndicate within Lloyd’s of London. The team is looking for a candidate who is highly numerate and demonstrates a passion for developing their knowledge of this technical class. The successful candidate will possess demonstrable interpersonal skills and the ability to build strong relationships with stakeholders both inside and outside the firm. Proficient IT, numerical and analytical skills are required, as is a high attention to detail.
This role would be best suited to an individual currently holding an underwriting support role such as an underwriting assistant or underwriting technician looking to join an established Accident & Health team within a global provider of Insurance and Reinsurance.
Role:To support the Accident & Health division through defined administrative responsibilities, provide support within Underwriting Controls and adhere to set parameters of any Underwriting Authority granted. The candidate must also ensure compliance with ongoing regulatory and Company standards.
Qualifications:- A-Levels or equivalent in Business, Finance, Economics or Maths preferred
- Working towards CII preferred
- Knowledge of Accident & Health insurance not required but preferred
Candidates require a minimum of 3 years’ experience working for a syndicate within Lloyd’s of London and a demonstrable understanding of the Lloyd’s Insurance Market and general insurance.
Desired Skills:- Strong problem-solving and decision-making capabilities
- Excellent written and oral communication skills
- Accountability
- Confident interpersonal skills
- Ability to work independently and as part of a team
- Ability to work effectively in a fast-paced environment
- Proactive mindset
- Eye for detail
- Logical approach to tasks
- Strong time-management
- Well-organised
- Exceptional IT skills – must include Microsoft Excel, Word and Outlook
- Drive to attain CII qualifications
- Manage all elements of reporting relating to:
- Whole account performance
- Individual account performance
- Exposure management
- Outwards Reinsurance purchase
- Renewals
- Monthly signings
- Monthly claims movements
- Monthly income movements
- Income monitoring
- Aggregate monitoring
- Broker Profitability
- Credit Control
- Bordereaux monitoring for accuracy and timeliness
Assistant Underwriter - Accident & Health employer: Antares
Contact Detail:
Antares Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Underwriter - Accident & Health
✨Tip Number 1
Familiarise yourself with the Lloyd's of London market. Understanding its structure, key players, and current trends will not only boost your confidence during interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals in the Accident & Health insurance sector. Attend industry events or join relevant online forums to connect with potential colleagues and learn more about the specific challenges and opportunities within this niche.
✨Tip Number 3
Brush up on your analytical and numerical skills, especially in relation to reporting and data management. Being able to showcase your proficiency in tools like Microsoft Excel can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your experience in underwriting support roles. Be ready to share specific examples of how you've contributed to team efficiency and compliance, as this will highlight your suitability for the Assistant Underwriter position.
We think you need these skills to ace Assistant Underwriter - Accident & Health
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in underwriting support roles, particularly within Lloyd's of London. Emphasise your numerical and analytical skills, as well as any relevant qualifications like A-Levels in Business, Finance, Economics, or Maths.
Craft a Strong Cover Letter: In your cover letter, express your passion for the Accident & Health insurance sector. Mention specific experiences that demonstrate your problem-solving abilities and interpersonal skills, and how they align with the responsibilities of the role.
Showcase Relevant Experience: Detail your previous roles and responsibilities that relate to the job description. Highlight your familiarity with reporting, compliance, and data management, as well as your ability to work independently and as part of a team.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. Ensure that all information is clear and concise, reflecting your attention to detail, which is crucial for this role.
How to prepare for a job interview at Antares
✨Showcase Your Experience
Make sure to highlight your three years of experience working for a syndicate within Lloyd's of London. Be prepared to discuss specific examples of your responsibilities and achievements in your previous roles, particularly those related to underwriting support.
✨Demonstrate Your Technical Knowledge
Even if you don't have direct experience in Accident & Health insurance, show your passion for learning about this technical class. Research the basics and be ready to discuss how your existing knowledge can transfer to this role.
✨Emphasise Interpersonal Skills
Since building strong relationships with stakeholders is crucial, prepare examples that demonstrate your interpersonal skills. Think of situations where you've successfully collaborated with others or resolved conflicts.
✨Prepare for Technical Questions
Expect questions that assess your numerical and analytical skills. Brush up on relevant IT tools, especially Microsoft Excel, and be ready to discuss how you've used these skills in your previous roles to manage data and reporting.