Underwriting Assistant, Fine Art and Specie
Underwriting Assistant, Fine Art and Specie

Underwriting Assistant, Fine Art and Specie

Temporary 30000 - 40000 £ / year (est.) No home office possible
Arch Insurance

At a Glance

  • Tasks: Support the underwriting team with admin tasks and data management in a dynamic environment.
  • Company: Join Arch, a collaborative company that inspires progress and innovation.
  • Benefits: Gain valuable experience in the insurance industry with potential career growth.
  • Why this job: Be part of a team that enables possibility and makes a real impact.
  • Qualifications: A-level equivalent education and basic MS Office skills required.
  • Other info: Perfect for those who love solving problems and working with talented colleagues.

The predicted salary is between 30000 - 40000 £ 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 Possibilityâ„ .

We are looking for an Underwriting Assistant to join our Fine Art & Specie team here at Arch for a 12 month fixed-term period. 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).

Key Responsibilities
  • 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 Lloyds Box.
    • Have daily contact with back office support staff, e.g. binder management team, finance and compliance.
    • Answering telephone calls, responding to emails.
Skills / Competencies
  • Strong time management skills.
  • Very organised and systematic.
  • Responsive.
  • Basic knowledge of MS Word, MS Excel, PowerPoint and Outlook.
  • Ability to work independently using initiative and without guidance and as part of a team.
  • Entry Standard of education: ‘A’ Level equivalent or above.
  • Basic Knowledge of Insurance preferred but not essential.
  • 12 months previous office experience advantageous.

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

Underwriting Assistant, Fine Art and Specie employer: Arch Insurance

At Arch, we pride ourselves on fostering a collaborative and innovative work environment that empowers our employees to reach their full potential. As an Underwriting Assistant in our Fine Art & Specie team, you will benefit from comprehensive training, opportunities for professional growth, and a supportive culture that values your contributions. Located in a vibrant area, our office offers a dynamic atmosphere where creativity and teamwork thrive, making it an excellent place to build a rewarding career.
Arch Insurance

Contact Detail:

Arch Insurance Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Underwriting Assistant, Fine Art and Specie

✨Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that Underwriting Assistant role.

✨Tip Number 2

Prepare for interviews by researching the company and its culture. We want to see your enthusiasm for Arch and how you can contribute to our collaborative environment. Practice common interview questions and think about how your skills align with the job description.

✨Tip Number 3

Showcase your organisational skills! During interviews or networking, share examples of how you’ve managed tasks or projects effectively. We love candidates who can demonstrate strong time management and systematic approaches to their work.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, creating a job alert can keep you in the loop for future opportunities at Arch that match your interests.

We think you need these skills to ace Underwriting Assistant, Fine Art and Specie

Data Input
Account Administration
Research Skills
Time Management
Organisational Skills
MS Word
MS Excel
PowerPoint
Outlook
Problem-Solving Skills
Communication Skills
Teamwork
Initiative
Document Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Underwriting Assistant role. Highlight any relevant administrative or technical support experience, especially in data input and account administration.

Craft a Compelling Cover Letter: Use your cover letter to showcase your enthusiasm for the role and the company. Mention how your background aligns with our collaborative culture and how you can contribute to enabling possibility at Arch.

Showcase Your Organisational Skills: Since this role requires strong time management and organisational skills, provide examples in your application of how you've successfully managed multiple tasks or projects in the past.

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’s super easy!

How to prepare for a job interview at Arch Insurance

✨Know Your Stuff

Make sure you brush up on the basics of underwriting, especially in fine art and specie. Familiarise yourself with common terms and processes, as well as any recent trends in the industry. This will show that you're genuinely interested and ready to contribute.

✨Showcase Your Organisational Skills

Since the role requires strong time management and organisational skills, prepare examples from your past experiences where you've successfully managed multiple tasks or projects. Be ready to discuss how you prioritise and stay systematic in your work.

✨Be Ready for Technical Questions

Expect questions about your proficiency with MS Word, Excel, PowerPoint, and Outlook. You might be asked to demonstrate how you would handle data input or create reports. Brush up on these tools and think of scenarios where you've used them effectively.

✨Ask Insightful Questions

Prepare thoughtful questions about the team dynamics, the company's approach to innovation, and how they support professional development. This not only shows your interest but also helps you gauge if the company culture aligns with your values.

Underwriting Assistant, Fine Art and Specie
Arch Insurance

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