At a Glance
- Tasks: Drive efficiencies in underwriting processes and collaborate on innovative projects.
- Company: Dynamic insurance company focused on growth and innovation.
- Benefits: Competitive salary, professional development, and a vibrant team culture.
- Other info: Fast-paced environment with opportunities for career advancement.
- Why this job: Join a team that drives change and makes a real impact in the insurance industry.
- Qualifications: Experience in underwriting or insurance operations with strong organisational skills.
The predicted salary is between 40000 - 50000 £ per year.
We have an exciting new opportunity for someone from an Underwriting background to join CFC’s operations team, a team that is a cornerstone in driving change and scaling the business in line with our ambitious growth trajectory. We focus on driving efficiencies and best practices throughout the underwriting processes, challenge how the business operates today and work at setting up CFC for additional growth. The team also manages external vendor relationships, our underwriting support function and much more. We work with numerous teams across the business on a variety of projects and initiatives. No two days are the same!
This role will work closely with other members of the operations team as well as underwriters, IT and other stakeholders across the business. You will develop and onboard new operational processes and efficiencies and represent underwriters’ interests when working on projects. You will ensure efficiency and best practice is aligned and implemented across the function. A big part of the role will be working as a liaison between underwriting team leaders and IT to ensure the underwriting systems have been set up for maximum efficiency and quality.
- Documenting and creating operational process flows for various teams across the business.
- Generating ideas and strategies for technology, people and process improvements; collaborating with relevant teams along the way.
- Presenting solutions to the Underwriting Operations Specialist Manager and making joint decisions on the best strategies to advance projects to completion.
- Report writing and business case development to go to senior management for proposed strategies, including the use of cost/benefit models and the analysis of underwriting data to identify the benefits and track the value of proposed projects and initiatives.
- Working with underwriters to understand their challenges, generating solutions and working with various teams across the business to enact the solution.
- Working with the compliance and products teams to understand new requirements of underwriters, working with various teams to put new processes in place.
We’re looking for driven, self-starters with a strong work ethic. You will have a strong understanding of the insurance industry and end-to-end policy lifecycle, either from experience as an underwriter or broker or experience in insurance operations, focusing on projects and efficiencies. You have strong time management skills and are able to multi-task and handle numerous projects at once of varying sizes and complexities. You have strong organizational and stakeholder management skills and are able to set and meet deadlines.
Underwriting Operations Specialist - 12 month FTC employer: CFC Underwriting
CFC is an exceptional employer that fosters a dynamic and collaborative work environment in the heart of London. With a strong focus on employee growth, we offer opportunities for professional development and innovation within our operations team, ensuring that every day presents new challenges and learning experiences. Our commitment to driving efficiencies and best practices not only enhances our business but also empowers our employees to make a meaningful impact in the insurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriting Operations Specialist - 12 month FTC
✨Tap into Local Agencies
For temporary roles like the one at CFC Underwriting, don't overlook local recruitment agencies that specialise in the insurance sector. They often have inside info on your local market and can help you get your foot in the door quicker!
✨Seasonal Opportunities Are Gold
Insurance companies often ramp up staffing for specific seasons, especially during peak times like annual policy renewals. Keep an eye out for those temporary gigs and be ready to jump in. Make sure you’re on our website regularly to catch those listings!
✨Network with Industry Pros
Join insurance-focused online platforms and forums to connect with professionals who can share insider tips about temporary roles. Attend local industry meetups or workshops to widen your network; sometimes it’s all about who you know!
✨Showcase Your Flexibility
For temp roles, employers are often looking for candidates who can hit the ground running. Highlight any previous experience you have in fast-paced environments on your profile or during interviews, so CFC Underwriting knows you can adapt quickly to their needs!
We think you need these skills to ace Underwriting Operations Specialist - 12 month FTC
Some tips for your application 🫡
Highlight Relevant Certifications:In the insurance world, having the right qualifications can set you apart. If you've got any certifications like Cert CII or other relevant credentials, make sure they're front and centre on your CV. It shows you're committed to the industry and ready to hit the ground running!
Showcase Your Customer Service Skills:Insurance is all about helping clients through tricky times. Use your application to mention your previous customer service experience or soft skills like problem-solving and empathy. These are crucial for any temporary role in the insurance sector, so don’t shy away from flexing these muscles!
Tailor Your CV for the Temp Role:For a temporary position, it's all about demonstrating your ability to adapt quickly. Tailor your CV to highlight experiences that show you can jump in and make an impact immediately. Mention short projects, freelance gigs, or any fast-paced roles that show you thrive in dynamic environments.
Be Clear About Availability:In your cover letter, clearly state your availability for the temporary role. Since this is a short-term gig, emphasising your flexibility and readiness to start immediately can really catch CFC Underwriting's eye. Remember, they need someone who can fit right in, so make it easy for them to see you as that person!
How to prepare for a job interview at CFC Underwriting
✨Master the Basics of Underwriting
Since you're aiming for a temporary role in insurance, brush up on the basic principles of underwriting. Be ready to discuss how you would assess risks and make simple decisions on policy issuance, as these are likely to come up in technical questions.
✨Familiarise Yourself with Relevant Regulations
Insurance is heavily regulated, so it helps to be familiar with key regulations that affect the industry. Bring up any specific legislation you're aware of and how it could impact your work at CFC Underwriting. This shows you're engaged and knowledgeable.
✨Highlight Your Flexibility
As it's a temporary position, it's crucial to stress your adaptability. Talk about previous experiences where you had to pick up new tasks quickly or adjust to changing needs. Employers will appreciate your willingness to jump in and get the job done without a long onboarding process.
✨Prepare to Discuss Claims Processing
Be ready to dive into discussions around claims processing, as this might be a big part of your role. Bring along examples of how you've approached problem-solving in past roles, especially if you've dealt with customer claims or insurance queries before. It's a great way to show your relevant experience.
