Underwriting Apprentice, Terrorism

Underwriting Apprentice, Terrorism

Full-Time 19350 - 23650 £ / year (est.) Home office (partial)
Arch Insurance

At a Glance

  • Tasks: Support the Underwriting team with admin tasks and gain valuable industry experience.
  • Company: Join Arch Insurance, a leading digital insurer with a collaborative culture.
  • Benefits: Earn while you learn with a Level 3 Insurance Practitioner apprenticeship and career growth opportunities.
  • Other info: Dynamic environment with a focus on innovation and personal development.
  • Why this job: Make a real impact in the insurance industry while developing your skills.
  • Qualifications: Must be 16+, living in England, and not in full-time education.

The predicted salary is between 19350 - 23650 £ per year.

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential.

Our work is the catalyst that helps others achieve their goals.

In short, We Enable Possibility℠.

  • About Arch Insurance International
  • 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 as such 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.

  • Key Duties
  • To provide administrative and technical support to the Underwriting team as required.
  • Administrative and Technical support includes but is not limited to the maintenance of files and the processing, recording of business accounts accurately and in a timely manner on the Company's IT and administrative systems in accordance with processing standards and procedures.
  • Assisting the team in day-to-day ad hoc tasks when required (risk research, broker meetings, country overview reports etc. and providing updates to underwriters).
  • Gain Level 3 Insurance Practitioner apprenticeship (CII Cert)
  • Data Input
  • 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 clash, as may be required – including catastrophe analysts, risk capture and data management teams
  • Review quality control output from Global Services. Liaising with both to ensure accounts are processed on a timely basis
  • Account Administration
  • Assist the Underwriters with day-to-day underwriting operations
  • Assist in preparation of monthly & management reports
  • Undertake research activities, as directed by underwriters, for additional underwriting information from the Internet or other external sources
  • Maintenance of appropriate business activity logs to record submission activity or premium activity
  • Prepare Standard policy Documentation for underwriters' sign off reports
  • Account Query resolution
  • Assist in the resolution of outstanding premium receivable issues, as may be directed
  • Liaise with brokers on any outstanding information requirements
  • Resolve weekly processing reports
  • General Administration
  • File preparation, photocopying, scanning, document management
  • Assisting underwriters at Lloyd's Box
  • Have daily contact with other teams, e. g. binder management team, finance and compliance
  • Answering telephone calls, responding to emails
  • Apprenticeship Eligibility

To start an apprenticeship, the learner will need to be

  • 16 or over
  • Living in England and not in full time education
  • 14101 Arch Europe Insurance Services Ltd
  • #J-18808-Ljbffr

Underwriting Apprentice, Terrorism employer: Arch Insurance

At Arch Europe Insurance Services Ltd, we pride ourselves on fostering a collaborative and innovative work environment that empowers our employees to reach their full potential. As a Lead Software Developer, you will benefit from continuous professional development opportunities, a supportive team culture, and the chance to work with cutting-edge technologies in a dynamic location that inspires creativity and growth.

Arch Insurance

Contact Details:

Arch Insurance Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Underwriting Apprentice, Terrorism

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.

Use LinkedIn to Your Advantage

Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Arch Insurance). A thoughtful message explaining your interest can really make a difference!

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. 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, Terrorism

Administrative Support
Technical Support
Data Input
Risk Research
Communication Skills
Attention to Detail
Time Management

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.

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. 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

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 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, 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'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.