Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Support daily operations in a dynamic global team, handling premiums and claims.
- Company: Join a prestigious Lloyds Syndicate known for its inclusive culture and employee care.
- Benefits: Enjoy perks like a free canteen, private GP service, and a positive work environment.
- Why this job: Thrive in a role that values diversity and offers growth opportunities in the insurance sector.
- Qualifications: 1-4 years in London Insurance Market; CII qualification preferred but not essential.
- Other info: Be part of a team with low turnover rates and a commitment to quality.
The predicted salary is between 36000 - 60000 £ per year.
We are recruiting for an Underwriting Operations Assistant vacancy on behalf of one of our top client companies. They are an extremely highly regarded and long-established Lloyds Syndicate and re/insurer. This is an extremely varied Global role, in a growing operations team. Embracing inclusion and diversity, this company truly values and looks after their staff. Providing a dynamic, positive and engaging culture and first-class benefits, including some nice extras such as a free quality staff canteen and free City same day private GP service, it’s easy to see why they enjoy low staff turnover rates offering such a great environment for positive, hard working individuals to thrive and grow in.
Key responsibilities:
- Performing day-to-day responsibilities which may include: processing premium, premium adjustments, commissions and claim payments in their accounting systems based on portfolio, Cash Management, Submission, Exports and Underwriting Support.
- Supporting development, implementation and documentation of processes and controls for efficient handling of portfolio of responsibilities.
- Assisting with development and oversight of metrics and KPIs ensuring they align to the goals of the team.
- Helping to support Claims, Reserving, Underwriting and Finance departments.
- External communication with Brokers.
- Support for adherence to contract certainty.
- Assist with implementation and execution of special/ad hoc projects within the Operations Department.
- Provide support to the broader Operations team to help to ensure smooth and efficient monthly and quarterly closes.
- Assist with requests from both Internal and External Auditors.
- Ensuring SOX compliance for Operations processes.
- Ensure all responsibilities are carried out with a high degree of quality, in a timely manner.
Required experience:
- 1-4 years experience gained in a London Insurance Market operational role from any discipline i.e. Underwriting or Claims Support, gained in a Re/Insurer or Brokers.
- A good level of education.
- Ideally CII qualified or keen to study for.
- Must be a collaborative team player, with good communication and analysis/problem solving skills.
Please note that if you have not heard from us within 7 days, your application has not been successful.
Contact Detail:
Bunn Abbott Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriting Operations Assistant-Reinsurance & Lloyds (Greater London)
✨Tip Number 1
Familiarise yourself with the Lloyd's market and its operations. Understanding the unique aspects of Lloyd's and how it differs from other insurance markets will give you an edge in interviews and discussions.
✨Tip Number 2
Network with professionals in the insurance industry, especially those working in underwriting or reinsurance. Attend industry events or join relevant online forums to make connections that could lead to job opportunities.
✨Tip Number 3
Brush up on your analytical and problem-solving skills, as these are crucial for the role. Consider taking short courses or workshops that focus on data analysis or financial modelling to enhance your skill set.
✨Tip Number 4
Demonstrate your commitment to the industry by pursuing CII qualifications or similar certifications. Showing that you're keen to learn and grow within the field can make a strong impression on potential employers.
We think you need these skills to ace Underwriting Operations Assistant-Reinsurance & Lloyds (Greater London)
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to understand the key responsibilities and required experience. Tailor your application to highlight how your skills and experiences align with the specific needs of the Underwriting Operations Assistant position.
Highlight Relevant Experience: Emphasise any previous experience you have in the London Insurance Market, particularly in operational roles related to underwriting or claims support. Use specific examples to demonstrate your capabilities and achievements in these areas.
Showcase Your Skills: Make sure to showcase your communication, analytical, and problem-solving skills in your CV and cover letter. Provide examples of how you've successfully collaborated with teams or managed projects to illustrate your fit for the role.
Craft a Strong Cover Letter: Write a compelling cover letter that not only expresses your interest in the position but also explains why you want to work for this particular company. Mention their commitment to inclusion and diversity, and how you can contribute to their positive culture.
How to prepare for a job interview at Bunn Abbott Consulting
✨Understand the Role
Make sure you thoroughly understand the responsibilities of an Underwriting Operations Assistant. Familiarise yourself with tasks like processing premiums and supporting various departments. This will help you answer questions confidently and demonstrate your knowledge.
✨Showcase Your Experience
Highlight your relevant experience in the London Insurance Market, especially if you've worked in underwriting or claims support. Be prepared to discuss specific examples of how you've contributed to previous teams and projects.
✨Emphasise Teamwork and Communication
This role requires collaboration with various departments and external brokers. Be ready to share examples of how you've successfully worked in a team and communicated effectively in past roles. This will show that you're a good fit for their inclusive culture.
✨Prepare Questions
Have a few thoughtful questions ready to ask at the end of the interview. This could be about the company's approach to diversity, their training programmes, or how they measure success in the operations team. It shows your genuine interest in the role and the company.
