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- 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, develop skills, and work in a supportive team.
- 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: Great opportunity for career growth and networking in the insurance industry.
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. Liaise 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.
- 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.
Underwriting Assistant, Fine Art and Specie employer: Arch
Contact Detail:
Arch 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 with professionals on LinkedIn. You never know who might have the inside scoop on job openings or can refer you directly.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with your own. This will help you stand out and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice your responses to common interview questions. Use the STAR method (Situation, Task, Action, Result) to structure your answers. This will help you articulate your experiences clearly and effectively.
✨Tip Number 4
Don’t forget to follow up after interviews! A simple thank-you email can go a long way in leaving a positive impression. Plus, it shows your enthusiasm for the role and keeps you on their radar.
We think you need these skills to ace Underwriting Assistant, Fine Art and Specie
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 tell us why you're excited about this position. Share specific examples of how your skills can contribute to our Fine Art & Specie team and align with our culture of collaboration and innovation.
Showcase Your Organisational Skills: Since strong time management and organisation are key for this role, give us examples of how you've successfully managed multiple tasks or projects in the past. This will help us see how you can thrive in our fast-paced environment.
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 to do!
How to prepare for a job interview at Arch
✨Know Your Stuff
Before the interview, make sure you understand the basics of underwriting, especially in fine art and specie. Brush up on relevant terminology and processes, as well as the company's culture and values. This will show that you're genuinely interested and prepared.
✨Showcase Your Organisational Skills
Since the role requires strong time management and organisational skills, be ready to discuss how you've successfully managed multiple tasks in previous roles. Prepare examples that highlight your ability to stay organised and systematic under pressure.
✨Ask Smart Questions
Prepare thoughtful questions about the team dynamics, the types of projects you'll be working on, and how success is measured in the role. This not only shows your interest but also helps you gauge if the company is the right fit for you.
✨Demonstrate Team Spirit
Collaboration is key in this role, so be ready to share experiences where you've worked effectively in a team. Highlight your ability to communicate and support others, as well as how you can contribute to a positive team environment.