At a Glance
- Tasks: Support the Healthcare team in underwriting and developing broker relationships.
- Company: Dynamic insurance company with a fun and collaborative culture.
- Benefits: Permanent full-time role with opportunities for growth and development.
- Other info: Join a passionate team that values innovation and teamwork.
- Why this job: Make a real impact in the healthcare sector while building valuable skills.
- Qualifications: Interest in healthcare and some experience in underwriting or broking.
The predicted salary is between 35000 - 45000 £ per year.
As an Assistant Underwriter you’ll work closely with the Healthcare team in all aspects of underwriting, including new business and renewal underwriting, responding to broker queries and supporting business development through developing your own broker relationships over time.
With support from the team, you will consider healthcare providers' liability insurance needs from a holistic perspective by writing multiple classes of insurance, alongside supporting the team with business development and effectively contributing to wider team projects.
- Respond to broker enquiries professionally and promptly, producing new and renewal quotations within agreed SLAs and authority limits.
- Own and maintain your personal pipeline of healthcare renewals and prospects.
- Support the team in identifying and developing new business opportunities.
- Build strong broker relationships to grow a profitable healthcare portfolio.
- Produce regular underwriting reports and portfolio insights.
- Clearly explain product features, coverage enhancements, and support product launches.
- Assist in preparing and delivering presentations and events, both internally and externally.
- Proactively manage accounts with open claims, working closely with Claims and Underwriting teams to ensure timely resolution.
Experience within underwriting or broking is desirable, combined with a keen interest in the healthcare sector and a willingness to develop your skills and knowledge through working alongside an experienced and supportive team. You’ll be motivated, determined and eager to succeed. With strong analytical ability, logical thinking and critical problem-solving skills, paired with excellent numeracy and clear and confident communication. Confident and self-driven, you enjoy working to deadlines and achieving results. You’re comfortable using MS Office (Excel, Word, PowerPoint, and Outlook) and above all, you thrive in a team environment where collaboration leads to shared success.
Core Values
- Love what you do: We show up each day ready to take on the world. Our passion and intensity set us apart and makes the difference to our colleagues, customers, brokers and carriers.
- Challenge everything: We’re never afraid to question the way that things are done and we constantly challenge ourselves and others to make things better.
- Have fun, be good: Insurance is a serious business, but we don’t take ourselves too seriously. We make it fun to work at CFC, we welcome all viewpoints, and we treat everyone how we would expect to be treated.
Assistant Underwriter - US Healthcare employer: CFC
CFC is an exceptional employer that fosters a dynamic and collaborative work culture, particularly within the vibrant London office. As an Assistant Underwriter in the US Healthcare team, you will benefit from extensive professional development opportunities, a supportive environment, and the chance to build meaningful relationships with brokers while contributing to impactful projects. With a focus on passion, innovation, and enjoyment at work, CFC ensures that every employee feels valued and empowered to succeed.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Underwriter - US Healthcare
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like CFC). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like CFC. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Assistant Underwriter - US Healthcare
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at CFC.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at CFC. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at CFC
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at CFC to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at CFC, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding CFC's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
