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- Tasks: Support international underwriters with administrative tasks and manage submissions.
- Company: Innovative insurance business challenging the status quo.
- Benefits: Permanent full-time role with career growth opportunities.
- Other info: No prior insurance experience needed; just bring your organisational skills!
- Why this job: Kickstart your career in a dynamic team within a leading insurance company.
- Qualifications: Recent graduates in commercial subjects; multilingual skills preferred.
The predicted salary is between 36000 - 60000 ÂŁ per year.
Transaction Liability Underwriting Assistant
Department: Transaction Liability
Employment Type: Permanent – Full Time
Location: UK – London
Reporting To: Michael Allen
Description
Have you recently left or are due to leave higher education with outstanding results in a commercial subject like Law, Economics or Accounting? Do you now hope to start your professional career with an innovative Insurance business who love to challenge the status quo? CFC are searching for an Underwriting Assistant to support our Transaction Liability team!
Our award-winning “TL” team underwrites a comprehensive range of insurance products which cover different risks arising during a Merger or Acquisition. Since its launch in 2016, CFC’s transaction liability team has quickly become one of the largest small and mid-market transaction liability insurers globally. We are the leading small – mid market underwriter in North America and the number one underwriter of secondaries transactions worldwide. Over the past five years, our TL underwriting team have contributed to the development of several creative M&A products.
About the role
- Providing excellent administrative support primarily to the transaction liability team and other underwriting teams, as required, 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 assisting with invoicing and setting up of new clients;
- Answering incoming calls and fielding queries as appropriate;
- Reviewing and amending transaction documents including non-disclosure and hold harmless letters;
- Working with the existing support functions in CFC to ensure the timely progression of transactions from initial submission to policy binding (including the administrative aspects of this process); and
- General ad-hoc administrative duties as required.
About you
This is an entry level role so we don’t need you to have any Insurance experience.
Commercial awareness and understanding of mergers and acquisitions is preferable and a background in law, business, finance or otherwise related study field would be preferred.
As a minimum, we are looking for individuals with:
- Organisational skills with the ability to prioritise work to meet tight deadlines and turnaround times;
- Excellent level of attention to detail including accurate written and numeracy skills;
- Experience using Microsoft Office applications – Outlook, Word and particularly Excel;
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Transaction Liability Underwriting Assistant employer: CFC
Contact Detail:
CFC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Transaction Liability Underwriting Assistant
✨Tip Number 1
Network like a pro! Reach out to your connections on LinkedIn or at university. Let them know you're on the hunt for a role like the Transaction Liability Underwriting Assistant. You never know who might have a lead or can put in a good word for you!
✨Tip Number 2
Prepare for interviews by researching CFC and the Transaction Liability team. Understand their products and recent developments in M&A. This will show your enthusiasm and help you stand out as a candidate who’s genuinely interested in the role.
✨Tip Number 3
Practice your responses to common interview questions, especially those related to organisational skills and attention to detail. Use examples from your studies or any relevant experience to demonstrate how you meet the requirements of the role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our innovative team at CFC.
We think you need these skills to ace Transaction Liability Underwriting Assistant
Some tips for your application 🫡
Show Off Your Skills: Make sure to highlight your organisational skills and attention to detail in your application. We want to see how you can prioritise tasks and meet deadlines, so give us examples from your studies or any relevant experiences.
Tailor Your Application: Don’t just send a generic application! Take the time to tailor your CV and cover letter to the Transaction Liability role. Mention your understanding of mergers and acquisitions and how your background fits with what we’re looking for.
Be Clear and Concise: When writing your application, keep it clear and to the point. We appreciate well-structured documents that are easy to read. Use bullet points where necessary to make your skills and experiences stand out.
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to follow the process step-by-step. Plus, it shows us you’re keen on joining our team!
How to prepare for a job interview at CFC
✨Know Your Stuff
Make sure you brush up on your knowledge of mergers and acquisitions, as well as the insurance industry. Familiarise yourself with common terms and concepts related to transaction liability. This will not only help you answer questions confidently but also show your genuine interest in the role.
✨Show Off Your Skills
Highlight your organisational skills and attention to detail during the interview. Be ready to provide examples of how you've managed tight deadlines or handled multiple tasks at once. This is crucial for the role, so make it clear that you can prioritise effectively.
✨Practice Makes Perfect
Conduct mock interviews with a friend or family member. Focus on common interview questions related to administrative support and teamwork. Practising your responses will help you articulate your thoughts clearly and reduce any nerves on the day.
✨Language is Key
Since the role requires multilingual proficiency, be prepared to demonstrate your language skills. If you're fluent in Spanish, French, or Italian, consider incorporating some phrases into your answers. This will showcase your ability to communicate effectively with international teams.