At a Glance
- Tasks: Support underwriting teams with admin tasks and manage submissions efficiently.
- Company: Innovative insurance business challenging the status quo.
- Benefits: Permanent full-time role with career growth opportunities.
- Other info: Great foundation for future roles in underwriting and insurance.
- Why this job: Kickstart your career in insurance with hands-on experience in a dynamic environment.
- Qualifications: Organisational skills, attention to detail, and a passion for technology.
The predicted salary is between 25000 - 32000 £ per year.
Due to continued growth, we have a new opportunity within our Technology team for an Underwriting Assistant. We are looking for College leavers or recent Graduates that are keen to start their professional career with an innovative Insurance business that loves to challenge the status quo. You’ll develop a thorough understanding of CFC’s workflow processes and systems as well gaining exposure to insurance. A role as an underwriting assistant provides a great foundation for a career at CFC, with a number of our underwriters and underwriting team leaders starting their careers here!
About the role
- Providing excellent administrative support to underwriting teams to ensure CFC can adhere to target turnaround times for our brokers and insureds;
- Managing the underwriting central inboxes and logging new and renewal submissions on CFC’s internal underwriting system;
- Preparing various activity reports and spreadsheets as directed;
- Administering the department diary, including chasing outstanding items such as subjectivities and renewal business;
- Answering incoming calls and fielding queries as appropriate;
- General ad-hoc administrative duties as required.
About you
- We are looking for passionate individuals with a keen interest in a career in Insurance, who want to learn and develop in an exciting and evolving line of business.
- You will have impeccable organisational skills with the ability to prioritise work to meet tight deadlines and turnaround times;
- Resilient and able to operate effectively and accurately under pressure;
- Excellent level of attention to detail including accurate written and numeracy skills;
- Good communication skills both written and verbal;
- Above all you’re a team player!
Given the emerging nature of our class of insurance, a successful candidate will have an interest in Technology and staying on top of current affairs within the industry.
Underwriting Assistant, Technology employer: CFC Underwriting
CFC is an innovative insurance business located in the heart of London, offering a dynamic work environment that fosters growth and development for its employees. As an Underwriting Assistant, you will benefit from comprehensive training and mentorship, paving the way for a successful career in insurance while being part of a collaborative team that values fresh ideas and challenges the status quo. With a focus on employee well-being and a culture that encourages continuous learning, CFC is an excellent employer for those looking to make a meaningful impact in the technology sector of insurance.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriting Assistant, Technology
✨Dive into Insurance Networking Events
Get your foot in the door by attending local insurance networking events or job fairs. These gatherings are perfect for us to meet potential employers in a casual setting, and you might just find a great connection to help land that entry-level role!
✨Join Online Insurance Communities
Hop onto platforms like LinkedIn or specialised forums centred on insurance. Engage with discussions, ask questions, and showcase your eagerness to break into the industry. This visibility can make you stand out to hiring managers scouring these spaces for fresh talent.
✨Leverage University Resources
If you're fresh out of uni, make sure to utilise your university’s career services. They can connect us with companies looking for entry-level candidates, often before jobs are even advertised. Keep an eye on internship opportunities, as they can lead to full-time positions down the line!
✨Apply Directly Through Us!
Don't forget to check our website for any entry-level openings at CFC Underwriting! Applying directly can give you a better chance to showcase your enthusiasm and passion for the insurance field, plus, it shows you’re keen to take the initiative.
We think you need these skills to ace Underwriting Assistant, Technology
Some tips for your application 🫡
Show Your Customer Service Skills:In the insurance industry, customer service is key! Highlight any experience you have in dealing with clients or customers, whether it's through a part-time job or volunteer work. Remember, we love seeing your potential to communicate effectively and empathise with clients in your application!
Tailor Your CV to Insurance Basics:When crafting your CV, don't forget to include any relevant courses or certifications you've taken in insurance or finance. If you've studied topics related to risk assessment or policy management, mention those! It shows us you're serious about getting into the insurance game.
Craft a Compelling Cover Letter:For entry-level roles, your cover letter is your chance to shine! Share why you're passionate about insurance and how you’re eager to learn and grow in this field. We want to see that you're genuinely excited about building your career with CFC Underwriting!
Highlight Your Analytical Mindset:Insurance is all about assessing risks and understanding numbers. Make sure to mention any coursework or experience you have with data analysis or critical thinking. Even if it’s from school projects or personal interests, we want to see that you can think analytically!
How to prepare for a job interview at CFC Underwriting
✨Know Your Basics: The Insurance Fundamentals
Understand the core concepts of insurance, such as risk assessment, underwriting, and claims processes. This knowledge will help us demonstrate our familiarity with the industry and prepare us for any technical questions that might pop up during the interview.
✨Prepare for Behavioural Questions
Insurance companies love behavioural interviews! We should think about times we've shown teamwork, problem-solving, and customer service skills. Reflecting on specific experiences will help us come across as reliable candidates who can handle the challenges of the role.
✨Show Enthusiasm for Learning
As this is an entry-level position, it's crucial to express our eagerness to learn and grow within the company. Employers like CFC Underwriting want to see that we're enthusiastic about diving into the insurance world and building our knowledge base over time.
✨Research Industry Trends
Staying updated on the latest trends in the insurance sector, like digital transformation and regulatory changes, can set us apart. Mentioning these trends during the interview shows that we’re engaged and have a forward-thinking mindset, aligning well with the company’s goals.
