Underwriting Administration Assistant
Underwriting Administration Assistant

Underwriting Administration Assistant

London Full-Time 30000 - 42000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Support the CEO with admin tasks, diary management, and underwriting processes.
  • Company: Join Avencia Consulting, a respected Energy MGA in London.
  • Benefits: Enjoy a permanent role with opportunities for professional growth and development.
  • Why this job: Be part of a dynamic team, gain valuable experience, and build industry relationships.
  • Qualifications: A degree is beneficial; strong attention to detail and organisational skills are essential.
  • Other info: Flexible working hours may be required to meet business needs.

The predicted salary is between 30000 - 42000 £ per year.

About us

Avencia Consulting are partnered with a well-respected Energy MGA in London currently looking to hire an Underwriting Assistant to join on a permanent basis.

The role

Supporting the CEO in all matters relating to the smooth running of the MGA. Providing high-level secretarial and administrative support to your CEO and general office management responsibilities. Carrying out Personal Assistant duties for the CEO as directed, supporting supplier management, board meetings, data entry, calendar, time, and other administration tasks.

Key accountabilities

  • Calendar and meetings: Provide full diary management - organise internal and external meetings, ensuring effective administrative arrangements are in place to enable the meeting to run well, for example: book venues and meeting rooms, arrange IT equipment and catering and ensure invitations and notes are distributed in good time, liaise with clients, colleagues and other PA/EAs. Coordinating schedules, meetings, and appointments, arranging travel and booking accommodation, as required, organise, plan, and manage team events.
  • Report Production: Formatting information for internal and external communication. For example, preparing memos, letters, invoices, statements, and other documents. Assisting with word processing, documentation, and database requirements. Processing your CEO's monthly expenses.
  • Underwriting support: Supporting the CEO and team in the underwriting process, including a daily underwriting review of submissions to ensure all data capture is accurate and up to date. Scanning and accurately filing all submission data and related documentary information, as provided by brokers and clients. Reviewing the various underwriting and system generated reports on a regular basis so that you can become aware of unusual trends and/or adverse movements. These can then be escalated, and appropriate action taken to correct and improve erroneous or incomplete data. Assisting and working with risk modelling pricing tools. Starting to build and maintain broker and client relationships. Working closely with all group departments and connected third parties to obtain and provide information as required. Building knowledge of market developments and becoming current in relevant classes of business. Ensuring accuracy and integrity of underwriting data in underwriting systems. Adhering to group underwriting procedures, controls and systems under remit, and any report trigger or alert factors that have the potential to impact negatively on the reputation or financial position of the company. Monitoring and following up on payments for outstanding premiums, where appropriate. Preparing quotes, policies and endorsements for review by the CEO / team in an accurate and timely manner. Ensuring awareness of and compliance with internal and external underwriting regulations.

Skills & experience

  • Degree in a relevant field would be beneficial, but not essential.
  • Numerate and analytical with strong attention to detail.
  • Interested to build knowledge of Pernix products and territories.
  • Prepared to work towards an insurance related qualification.
  • Good organisational and analytical skills with an ability to prioritise and effectively manage workload while maintaining a high level of accuracy, professionalism, and confidentiality.
  • Ability to support successful and timely delivery in a fast-paced environment.
  • Personable and able to effectively communicate with teams within and external to the PineWalk Group, including building and maintaining client and broker relationships.
  • Team player with strong work ethic and a strong interest in the performance of the business.
  • Ability to work flexibly to meet business needs, including outside of office hours as required.
  • Proficiency in the Microsoft Office Suite of applications, as well as good experience with spreadsheets and database processing programs.

Underwriting Administration Assistant employer: Avencia Consulting Services

Avencia Consulting is an exceptional employer, offering a dynamic work environment in the heart of London, where you can thrive as an Underwriting Administration Assistant. With a strong focus on employee growth and development, we provide opportunities for professional advancement, including support for insurance qualifications. Our collaborative culture fosters teamwork and innovation, ensuring that every team member feels valued and empowered to contribute to the success of our well-respected Energy MGA.
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Contact Detail:

Avencia Consulting Services Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Underwriting Administration Assistant

✨Tip Number 1

Familiarise yourself with the energy insurance sector. Understanding the specific products and services offered by the MGA will help you engage in meaningful conversations during interviews and demonstrate your genuine interest in the role.

✨Tip Number 2

Network with professionals in the underwriting field. Attend industry events or join relevant online forums to connect with people who can provide insights into the role and potentially refer you to opportunities at Avencia Consulting.

✨Tip Number 3

Brush up on your organisational skills. Since the role involves managing calendars and meetings, practice using tools like Microsoft Outlook or Google Calendar to efficiently organise schedules and appointments.

✨Tip Number 4

Showcase your analytical abilities. Prepare examples of how you've successfully managed data or improved processes in previous roles, as this will highlight your suitability for the underwriting support tasks outlined in the job description.

We think you need these skills to ace Underwriting Administration Assistant

Diary Management
Organisational Skills
Attention to Detail
Data Entry
Report Production
Communication Skills
Client Relationship Management
Analytical Skills
Time Management
Proficiency in Microsoft Office Suite
Spreadsheet and Database Processing
Problem-Solving Skills
Confidentiality
Team Collaboration
Flexibility

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Underwriting Administration Assistant role. Focus on your organisational skills, attention to detail, and any experience in administrative support or the insurance industry.

Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention specific aspects of the job description that excite you and explain how your background makes you a great fit for supporting the CEO and managing underwriting tasks.

Highlight Relevant Skills: In your application, emphasise your proficiency in Microsoft Office Suite and any experience with spreadsheets or database processing. Mention your ability to manage multiple tasks and maintain accuracy under pressure, as these are key for the role.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for the Underwriting Administration Assistant position.

How to prepare for a job interview at Avencia Consulting Services

✨Showcase Your Organisational Skills

As an Underwriting Administration Assistant, you'll need to demonstrate your ability to manage calendars and meetings effectively. Prepare examples of how you've successfully organised events or managed schedules in the past, highlighting your attention to detail and ability to prioritise tasks.

✨Familiarise Yourself with Underwriting Processes

Understanding the basics of underwriting will give you an edge in the interview. Research common practices and terminology used in the industry, and be ready to discuss how you can support the underwriting process and contribute to data accuracy.

✨Demonstrate Your Communication Skills

Effective communication is key in this role, especially when liaising with clients and colleagues. Be prepared to share examples of how you've built relationships in previous roles and how you handle communication challenges.

✨Highlight Your Technical Proficiency

Since the role requires proficiency in Microsoft Office and database processing, be ready to discuss your experience with these tools. Consider preparing a brief demonstration of your skills or discussing specific projects where you utilised these applications effectively.

Underwriting Administration Assistant
Avencia Consulting Services
A
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