At a Glance
- Tasks: Support the Equine and Livestock team with diverse underwriting tasks and administrative duties.
- Company: Join Canopius, a leading global specialty lines (re)insurer with a positive culture.
- Benefits: Enjoy hybrid working, competitive salary, health insurance, and a non-contributory pension.
- Why this job: Kickstart your career in underwriting with hands-on experience and growth opportunities.
- Qualifications: Strong attention to detail, effective communication skills, and a willingness to learn.
- Other info: Dynamic work environment in the heart of London with a focus on diversity and inclusion.
The predicted salary is between 30000 - 42000 £ per year.
To provide support to the Equine and Livestock team in running the day to day of a diverse portfolio of open market risks, linselips and delegated authority business emanating from multiple platforms, brokers and territories. The individual in question would be instrumental in the administrative function of the team however would also be involved in the underwriting with long term aspirations to become an underwriter.
Key Responsibilities
- Assist in preparation of all necessary contract documentation for referral, new and renewal business.
- Assist with the maintenance of underwriting manuals, guidelines and other underwriting materials under direction of the underwriting team.
- Binder administration including bordereaux management, DUA liaison, EPI monitoring, and assisting in the preparation of data as appropriate.
- Monitoring the underwriter’s workloads and reporting to ensure all risk records are completed within the time frame within the underwriting guidelines.
- Act as the point of contact and liaison for query resolution between support functions and underwriters.
- Monitor the unit’s key performance metrics.
- Weekly/ monthly/ annual reporting including preparing data for weekly and divisional meeting, reinsurance and any ad hoc management reporting requests.
- Maintain underwriting team meeting agendas, minutes and action point follow-up.
- Assist claims when policy information is required.
- Manage various short and long term projects as assigned by underwriters.
- Responsible for administrative duties as needed to assist the underwriting department.
- Liaise with external stakeholders such as brokers, and reinsurance brokers when necessary.
- Attend relevant client meetings, training sessions, team’s meetings.
Skills And Experience
- Accuracy and numeracy
- Intermediate/advanced desktop abilities (Excel, Word, Outlook, PowerPoint)
- Able to communicate effectively through written and verbal communication
- Capable of working on own initiative
- Ability to manage time, meet deadlines and prioritise tasks.
- Willingness and desire to learn
- Attention to detail and accuracy
- Demonstrable problem solving abilities
Competencies
- Stakeholder engagement: Cultivates and maintains positive relationships with relevant internal or external stakeholders, effectively involving and communicating with them to drive collaboration, support, and alignment towards shared goals.
- Collaboration And Teamwork: Works effectively with team, project or other work groups or those outside formal line of authority to accomplish goals. Actively participates as a member of a team; develops and builds cohesive team relations to produce required outputs; possesses knowledge and understanding of colleagues work.
- Adapting To Change: Adjusts thoughts, feelings, and behaviours to handle new, challenging, or complex situations; embracing change as a growth opportunity when working within new work structures, processes, regulations, or requirements.
- Continuous Improvement: Analyses current and future state business requirements and identifies strategies to continuously improve products, services or processes. Guides and inspires others to achieve results to enhance efficiency, quality and consistency.
- Innovation: Creates, develops and implements new ideas to enhance new or improved processes, systems, solutions, products or services; tries different and novel ways to deal with problems and opportunities.
- Resilience: The ability to cope with and recover from setbacks, challenges or difficulty. Perseveres even under pressure or crisis situations and uses ways that foster strength and growth, often emerging stronger than before.
- Future Focused: Anticipates changes in regulations, technology and client needs, proactively responding to key trends happening in the industry. Thinks about the future through identifying opportunities and obstacles whilst planning effectively.
Our Benefits
We offer all employees a comprehensive benefits package that focuses on their whole wellbeing. This includes hybrid working, a competitive base salary, non-contributory pension, discretionary bonus, insurances including health (family) and dental cover, and many other benefits to enhance financial, physical, social and psychological health.
ABOUT US
Canopius is a global specialty lines (re)insurer. We are one of the leading insurers in the Lloyd’s of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda. At Canopius we foster a distinctive, positive culture which enables us to bring our whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results. Based in incredible new offices in the heart of the City of London, Canopius operates a flexible, hybrid working model and is committed to providing an environment that challenges employees to be their best and where everyone's unique contributions are recognised, valued and respected. We are fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment. All employment decisions are made regardless of age, sex, gender identity, ethnicity, disability, sexual orientation, socio-economic background, religion or beliefs, marital or caring status, or any other status protected by the laws or regulations in the locations where we operate. We encourage and welcome applicants from all diverse backgrounds. We make reasonable adjustments throughout the recruitment process and during employment. Please let us know if you require any information in an alternate format or any other reasonable adjustments.
Assistant Underwriter - Equine & Livestock employer: Canopius
Contact Detail:
Canopius Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Underwriter - Equine & Livestock
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those working in equine and livestock underwriting. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of underwriting processes and the specific needs of the equine and livestock sectors. Show us you’re keen to learn and adapt – that’s what we love to see!
✨Tip Number 3
Don’t just apply anywhere; focus on companies like Canopius that align with your values. Use our website to find roles that excite you and tailor your approach to fit our culture and mission.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can keep you top of mind. It shows your enthusiasm and professionalism, which is exactly what we look for in potential team members.
We think you need these skills to ace Assistant Underwriter - Equine & Livestock
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your skills and experiences that align with the Assistant Underwriter role. We want to see how you can contribute to our Equine and Livestock team!
Show Off Your Skills: Don’t forget to mention your accuracy, numeracy, and tech skills! We love candidates who can handle Excel, Word, and other tools like a pro. Let us know how you've used these in past roles.
Be Clear and Concise: When writing your application, keep it straightforward and to the point. We appreciate clarity, so make sure your communication shines through in both your CV and cover letter.
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 this exciting opportunity with Canopius!
How to prepare for a job interview at Canopius
✨Know Your Numbers
As an Assistant Underwriter, you'll need to demonstrate your accuracy and numeracy skills. Brush up on basic calculations and be prepared to discuss how you've used these skills in previous roles. Maybe even bring along a few examples of how you’ve managed data or reports effectively.
✨Master the Tools
Familiarise yourself with Excel, Word, Outlook, and PowerPoint before the interview. Be ready to talk about specific features you’ve used, like creating pivot tables in Excel or managing presentations in PowerPoint. Showing that you can navigate these tools will give you an edge.
✨Showcase Your Communication Skills
Effective communication is key in this role. Prepare to share examples of how you've successfully liaised with stakeholders or resolved queries in the past. Practising clear and concise responses will help you convey your thoughts better during the interview.
✨Demonstrate Your Problem-Solving Abilities
Think of a time when you faced a challenge at work and how you overcame it. Be ready to discuss your thought process and the steps you took to resolve the issue. This will show your potential employer that you can handle the complexities of underwriting with resilience and innovation.