At a Glance
- Tasks: Support the Equine and Livestock team with underwriting and administrative tasks.
- Company: Join Canopius, a leading global specialty lines (re)insurer in the heart of London.
- Benefits: Enjoy hybrid working, competitive salary, health cover, and a supportive work environment.
- Why this job: Kickstart your career in insurance with hands-on experience and growth opportunities.
- Qualifications: Strong numeracy, communication skills, and a willingness to learn are essential.
- Other info: Be part of a diverse team that values your unique contributions.
The predicted salary is between 30000 - 42000 Β£ 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 when 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, teamβs 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
- Demonstratable 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 identify strategies to continuously improve products, services or processes. Guide and inspire 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. Persevering 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 in London employer: Canopius
Contact Detail:
Canopius Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Assistant Underwriter - Equine & Livestock in London
β¨Tip Number 1
Network like a pro! Reach out to people in the industry, attend relevant events, and connect with potential colleagues on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
β¨Tip Number 2
Prepare for interviews by researching the company and understanding their values. Be ready to discuss how your skills align with their needs, especially in areas like stakeholder engagement and teamwork. Show them youβre not just a fit for the role, but for their culture too!
β¨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or family to get comfortable with common questions. Focus on articulating your problem-solving abilities and adaptability, as these are key traits theyβre looking for.
β¨Tip Number 4
Donβt forget to follow up after interviews! A simple thank-you email can go a long way in keeping you top of mind. Mention something specific from your conversation to show you were engaged and genuinely interested.
We think you need these skills to ace Assistant Underwriter - Equine & Livestock in London
Some tips for your application π«‘
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 your background fits into our Equine and Livestock team!
Show Off Your Skills: Donβt forget to mention your accuracy, numeracy, and tech skills! We love candidates who can handle Excel and Word like pros, so give us examples of how you've used these tools 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 is effective and easy to read. This will show us you can communicate well, just like we need in the role!
Apply Through Our Website: We encourage you to apply directly through our website. Itβs the best way for us to receive your application and ensures youβre considered for the role. Plus, itβs super easy!
How to prepare for a job interview at Canopius
β¨Know Your Underwriting Basics
Before the interview, brush up on your understanding of underwriting principles, especially in the equine and livestock sectors. Familiarise yourself with common terms and processes, as this will show your enthusiasm and readiness to contribute.
β¨Showcase Your Attention to Detail
Since accuracy is key in this role, prepare examples from your past experiences where your attention to detail made a difference. Whether itβs managing data or preparing documentation, be ready to discuss how you ensure precision in your work.
β¨Demonstrate Your Communication Skills
Effective communication is crucial for liaising with brokers and stakeholders. Think of instances where you successfully resolved queries or collaborated with others. Practise articulating these experiences clearly to highlight your verbal and written communication skills.
β¨Embrace Change and Continuous Improvement
The insurance industry is always evolving, so be prepared to discuss how you've adapted to changes in previous roles. Share examples of how youβve contributed to process improvements or embraced new technologies, showcasing your resilience and forward-thinking attitude.