At a Glance
- Tasks: Support the underwriting team with admin tasks and maintain accurate records.
- Company: Join Blenheim, a leading player in the insurance market based in London.
- Benefits: Gain a CII Level 3 Diploma while working full-time and enjoy hands-on training.
- Other info: This is an entry-level role with opportunities for growth and professional development.
- Why this job: Perfect for those wanting to kickstart their career in insurance with real-world experience.
- Qualifications: A Levels or equivalent; a degree in a business/numerical subject is a plus.
Underwriting Assistant (with Apprenticeship Training for CII Level 3 Diploma)
Blenheim City Of London, England, United Kingdom
Underwriting Assistant (with Apprenticeship Training for CII Level 3 Diploma)
Blenheim City Of London, England, United Kingdom
The Underwriting Assistant will provide technical and administrative support to the Specialty team, both within Lloyd’s and at the office. The candidate will be responsible for maintaining and ensuring the accuracy of records on Blenheim’s systems, working closely with our Underwriters and Brokers. As well as communicating with clients to access information to complete various tasks within the business.
The applicant must be willing to study for their CII Professional Qualifications alongside this role, which is a requirement. This training will be in the form of an Apprenticeship, which ensures close study support, whilst working full-time as an Underwriting Assistant.
Key tasks:
- To provide administrative and technical support to the underwriting team
- To accurately record underwriting risk information and maintain all such records
- Assisting colleagues with ad hoc duties as and when required
- Keeping up to date on technical and operational issues that impact the syndicate
- Risk entry on Eclipse system and maintenance of records
- Scanning of slip, endorsements and, where required, placing information
- Validation of risk information – SCM and USM validation
- Maintain accurate records of underwriting data, utilising various internal and external software systems
- Clearing exceptions as and when they are notified
- Reporting – Production of regular and ad hoc business reports
- Underwriting - Liaise with brokers, colleagues, and external organisations to resolve day-to-day queries
Key personal skills required:
- Excellent communication skills, both written and oral
- Ability to develop and maintain good relationships with both internal and external clients / brokers
- A high level of accuracy and attention to detail
- Good analytical and mathematical skills
- Strong organisational skills, with ability to meet deadlines and handle multiple tasks self-motivated
- Good time keeping and a willingness to respond to increased seasonal workloads
- Willingness to undertake new responsibilities
Key technical skills, knowledge and professional qualifications required:
- A Levels or equivalent. Holder of a Degree in a business/numerical based subject is an advantage
- Desire and willingness to commit to studying towards professional insurance qualifications (Chartered Insurance Institute qualifications) via an apprenticeship training program
- A good level of knowledge and interest in Insurance and the Lloyd’s London market is ideal but not essential
- Good administrative skills, some experience in data entry and maintaining system records is advantageous
- Intermediate level of knowledge of Microsoft Packages (Outlook / Word / Excel / PowerPoint)
Risk and Compliance Responsibilities:
- Ensure compliance with company and other relevant standards and regulations
- Ensure compliance with relevant PRA and FCA conduct rules
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#J-18808-LjbffrUnderwriting Assistant (with Apprenticeship Training for CII Level 3 Diploma) in City of London employer: Blenheim
Blenheim is an exceptional employer located in the heart of London, offering a unique opportunity for aspiring professionals to kickstart their careers in the insurance industry through an Apprenticeship Training programme. With a strong emphasis on employee development, a supportive work culture, and the chance to gain valuable qualifications while working alongside experienced Underwriters and Brokers, Blenheim fosters an environment where individuals can thrive and grow. The company's commitment to maintaining high standards and compliance ensures that employees are part of a reputable organisation that values integrity and excellence.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriting Assistant (with Apprenticeship Training for CII Level 3 Diploma) in City of London
✨Get Savvy with Industry Events
Look out for local insurance industry events and workshops. These are fantastic places to meet professionals, learn about the latest trends, and even bag yourself some insider tips. Plus, getting face-to-face time with potential employers like Blenheim can really give you an edge.
✨Engage with Professional Bodies
Join organisations like the Chartered Insurance Institute (CII). They often have resources for apprentices and can connect you with mentors in the insurance field. Making connections through these bodies could lead to great opportunities at companies like Blenheim.
✨Utilise Your Network
Don’t underestimate the power of your university or local career services. They often have partnerships with companies looking for apprentices. Tap into their resources—attend career fairs and book in for mock interviews to make a strong impression.
✨Apply Directly on Our Website
When you're ready to take the plunge, head straight to our website to apply for the apprenticeship at Blenheim. It’s often a great way to get noticed and shows you’re genuinely interested in being part of the team.
We think you need these skills to ace Underwriting Assistant (with Apprenticeship Training for CII Level 3 Diploma) in City of London
Some tips for your application 🫡
Show Your Passion for Insurance:In your cover letter, let your enthusiasm shine through! Explain why you want to dive into the insurance industry, and mention any relevant experiences, like coursework or part-time jobs. This is your chance to show how keen you are to learn and grow in the field, so don’t hold back!
Highlight Key Skills and Qualifications:Make sure to include any qualifications that are relevant to insurance, such as maths or business studies. Showcase skills like attention to detail and analytical thinking in your CV. These are golden in the insurance sector and will help you stand out as a promising candidate for an apprenticeship at Blenheim.
Emphasise Your Learning Potential:As this is an apprenticeship, employers are keen to know your willingness to learn. Include specifics about how you adapt quickly and your previous learning experiences—be it tackling challenging subjects in school or taking part in relevant workshops. Let them know we’re ready to put our learning cap on!
Format Your CV for Clarity:Keep your CV concise and organised! Use bullet points to highlight your relevant experiences and ensure there's a clear structure. This will make it easy for the hiring team at Blenheim to spot the important info. And remember, don’t forget to apply through our website for the best chance of getting noticed.
How to prepare for a job interview at Blenheim
✨Get to Grips with Insurance Basics
Make sure you brush up on the fundamental concepts of insurance, like risk assessment and types of policies. Since you’re applying for an apprenticeship, showing genuine passion and knowledge of these basics can really set you apart, especially with questions around how you would handle scenarios in policy recommendations.
✨Know Your Numbers
Expect to get grilled on some basic calculations or case studies where you’ll need to evaluate risks and premiums. Practising these numerical skills will help, so perhaps look into common insurance scenarios and practice these calculations beforehand—confidence in your numbers can leave a solid impression!
✨Show Off Your People Skills
Insurance is all about relationships, so be ready to talk about times you've had to work in teams or communicate with clients. Think of examples from school projects or part-time jobs where you had to explain something complex clearly. This insight into your interpersonal skills can be crucial for an apprenticeship role at Blenheim.
✨Be Ready for Scenario Questions
During the interview, you might face real-life scenarios to gauge your decision-making process. Take a moment to think through your answers, using the STAR method (Situation, Task, Action, Result) to structure your responses. This will clearly demonstrate your thought process and how you approach challenges in the insurance field!