At a Glance
- Tasks: Support the Delegated Underwriting Authority team in managing underwriting facilities and due diligence processes.
- Company: Join Arch Insurance, a leading insurer with a collaborative and innovative culture.
- Benefits: Gain valuable experience, mentorship, and opportunities for growth in a dynamic environment.
- Why this job: Make a real impact in the insurance industry while developing your skills and career.
- Qualifications: Strong communication skills, attention to detail, and teamwork abilities required.
- Other info: Perfect for those aged 16+ looking to kickstart their career in insurance.
The predicted salary is between 800 - 1400 £ per month.
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„ .
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.
Role Overview
To assist the Arch Delegated Underwriting Authority team in the administration, oversight and monitoring of delegated underwriting facilities at Arch Insurance. Supporting the Delegated Underwriting Authority team in managing the due diligence review process for new and renewing delegated underwriting facilities and the continuous oversight throughout the life cycle of each facility.
Key Tasks and Responsibilities
- Administration of coverholder and binding authority due diligence reviews, including pre-bind quality assurance checks and completion of due diligence review forms.
- Collation of due diligence related documentation from coverholders and Market systems (Lloyd’s Atlas) as appropriate.
- Monitor the upcoming renewal cycle for delegated facilities.
- Liaise with internal and external stakeholders to resolve issues arising from the due diligence process.
- Maintain coverholder and binding authority records in the coverholder and binding authority management tool (Intarga).
- Monitoring the DUA Team mailbox, sharing communications with the appropriate teams.
- Assist with the production of regular and ad hoc reports for the business.
- Assist the DUA Audit Manager in the life cycle management of the Arch Coverholder Audit Schedule.
Role Requirements & Skills
- MS Office, Excel intermediate.
- Excellent communications skills, both verbal and written with strong attention to detail.
- Strong interpersonal and team working skills.
Apprenticeship Eligibility
To start an apprenticeship, the learner will need to be:
- Aged 16 or over.
- Living in England and not in full time education.
Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you.
Delegated Underwriting Apprentice employer: Arch
Contact Detail:
Arch Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Delegated Underwriting Apprentice
✨Tip Number 1
Network like a pro! Reach out to current employees at Arch Insurance on LinkedIn or through mutual connections. A friendly chat can give you insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for the interview by researching Arch's culture and values. Show us how your skills align with our mission to enable possibility. We love seeing candidates who are genuinely excited about what we do!
✨Tip Number 3
Practice common interview questions, but don’t forget to prepare some of your own! Asking insightful questions shows us you’re engaged and really interested in the role and the company.
✨Tip Number 4
Apply through our website for the best chance! It’s super easy, and you’ll be part of our talent community, which means you’ll be the first to know about new opportunities that fit your skills.
We think you need these skills to ace Delegated Underwriting Apprentice
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Delegated Underwriting Apprentice role. Highlight relevant skills like your attention to detail and communication prowess, as these are key in our collaborative environment.
Showcase Your Passion: Let us see your enthusiasm for the insurance industry! Share any experiences or projects that demonstrate your innovative mindset and problem-solving abilities. We love seeing candidates who are eager to learn and grow.
Be Clear and Concise: When writing your application, keep it straightforward. Use clear language and avoid jargon. We appreciate well-structured applications that get straight to the point, showcasing your qualifications without unnecessary fluff.
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way to ensure it reaches us directly. Plus, you can easily track your application status and stay updated on any new opportunities.
How to prepare for a job interview at Arch
✨Know Your Stuff
Before the interview, make sure you understand the basics of delegated underwriting and the role you'll be playing. Brush up on key terms and processes related to insurance, especially those mentioned in the job description. This will show your enthusiasm and readiness to dive into the role.
✨Showcase Your Communication Skills
Since excellent communication is crucial for this position, prepare examples of how you've effectively communicated in past experiences. Think about times when you resolved issues or collaborated with others. Practising these examples will help you articulate your thoughts clearly during the interview.
✨Demonstrate Team Spirit
Arch values collaboration, so be ready to discuss your experiences working in teams. Share specific instances where you contributed to a group project or helped a colleague. Highlighting your ability to work well with others will resonate with their company culture.
✨Ask Insightful Questions
Prepare thoughtful questions about the role and the company. Inquire about the team dynamics, the tools they use for due diligence, or how they support apprentices in their growth. This not only shows your interest but also helps you gauge if Arch is the right fit for you.