At a Glance
- Tasks: Support the Casualty Underwriting team with admin tasks and research activities.
- Company: Join Arch Insurance, a leading digital insurer in the UK.
- Benefits: Gain valuable experience, earn while you learn, and develop your career in insurance.
- Other info: Full-time role with opportunities for hands-on learning and professional development.
- Why this job: Kickstart your career in a dynamic environment that values growth and innovation.
- Qualifications: Must be 16+, living in England, and eager to pursue an insurance apprenticeship.
The predicted salary is between 800 - 1400 £ per month.
Arch Insurance International, part of the Arch Capital Group, is a market‑leading insurer located in the UK. We provide a range of property, casualty, and specialty insurance for corporations, professional firms, and financial institutions across the UK, Europe and internationally, with a significant presence in the Lloyd’s and London Underwriting market. Arch Insurance recognises the need to be a digital insurer and has shifted focus from traditional technology initiatives to agile‑driven digital initiatives, leading the commercial & specialty insurance space. Arch offers an entrepreneurial work environment that empowers the individual and encourages constant learning and growth. People are at the centre of everything we do at Arch, and we are passionate about investing in the future talent of the insurance industry. From day one, you’ll be empowered to contribute, grow, and make a difference. Our apprenticeship roles are crafted to give you the tools, experiences, and support you need to thrive.
Responsibilities:
- Provide administrative and technical support to the Casualty Underwriting team.
- Maintain files, process and record business accounts accurately and in a timely manner on the company’s IT and administrative systems in accordance with processing standards and procedures.
- Assist the team in day‑to‑day ad hoc tasks (risk research, broker meetings, country overview reports etc.) and provide updates to underwriters.
- Enter submissions, rating models, quotes and bound policies onto the Arch underwriting systems.
- Conduct account clearance procedures with other parts of the company for risks or clashes (catastrophe analysts, risk capture, data management).
- Review quality control output from Global Services and liaise with them to ensure accounts are processed on a timely basis.
- Assist the Underwriters with day‑to‑day underwriting operations and prepare monthly & management reports.
- Undertake research activities, as directed by underwriters, for additional underwriting information from the Internet or other external sources.
- Maintain appropriate business activity logs to record submission activity or premium activity.
- Prepare standard policy documentation for underwriters’ sign‑off reports.
- Assist in the resolution of outstanding premium receivable issues.
- Liaise with brokers on any outstanding information requirements.
- Resolve weekly processing reports.
- File preparation, photocopying, scanning and document management.
- Assist underwriters at Lloyd’s Box.
- Have daily contact with other teams (binder management, finance and compliance).
- Answer telephone calls and respond to emails.
Eligibility:
- 16 or over.
- Living in England and not in full‑time education.
- Desire to gain Level 3 Insurance Practitioner apprenticeship (CII Cert).
Employment type: Full‑time.
Job function: Finance and Sales.
Industry: Insurance.
Underwriting Apprentice, Casualty employer: Arch Insurance (UK) Limited
Arch Insurance International is an exceptional employer that prioritises the growth and development of its employees within a dynamic and entrepreneurial work environment. Located in the heart of London, our Underwriting Apprentice role offers a unique opportunity to gain hands-on experience in the insurance industry while being supported by a culture that values innovation and continuous learning. With a commitment to investing in future talent, we empower our apprentices to make meaningful contributions from day one, ensuring a rewarding career path in the fast-paced world of insurance.
Contact Details:
Arch Insurance (UK) Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Underwriting Apprentice, Casualty
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
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✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Arch Insurance (UK) Limited. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Underwriting Apprentice, Casualty
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Arch Insurance (UK) Limited.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Arch Insurance (UK) Limited. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Arch Insurance (UK) Limited
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Arch Insurance (UK) Limited to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Arch Insurance (UK) Limited, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Arch Insurance (UK) Limited's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.