At a Glance
- Tasks: Support Underwriters in managing Political Violence & Crisis Management portfolios and data analysis.
- Company: Join Chaucer, a company that values diversity and inclusivity.
- Benefits: Enjoy flexible holidays, extensive benefits, and a hybrid work model.
- Other info: Great opportunity for career growth and professional development.
- Why this job: Make an impact in a dynamic environment while developing your skills.
- Qualifications: 3 'A' Levels or equivalent; working towards ACII qualification.
The predicted salary is between 30000 - 40000 £ per year.
To assist the Underwriters in all aspects of underwriting and management of the Political Violence & Crisis Management portfolio as well providing support to the team in preparation and analysis of financial models, management information reports and data analysis and carrying out some regular administrative tasks.
Job Description:
- Assist Underwriters in negotiation and indication of renewals and new business.
- Agreement of pre-agreed endorsements and policy amendments on behalf of Underwriters.
- Daily correspondence with brokers, including attending broker meetings and providing feedback to the team.
- Participate in preparation of special projects, including account analysis and review of key statistics for management reports.
- Use of account management tools (CRM, Analytics, Charisma, Sequel) to fulfil data requests from management and/or team.
- Ensure underwriting systems are properly updated and risks are accurately recorded.
- Assist Underwriters in the office, online and in meetings, including taking notes in team and divisional meetings.
- Prepare and present to others in the team specific account analysis, sector or topic research and country and claims reviews.
- Complete financial models for review by Underwriters and assist in preparation of sign-off requests.
- Liaise with Central Operations Department and assist in quality checking of policy administration.
- Liaise with Claims Department and assist Underwriters with potential loss and recovery reporting and management.
- Assist with compilation of statistics for annual Reinsurance Report.
Regulatory Responsibilities:
- Assist with the completion of all required annual product review assessments to agreed timescales with approvals obtained and recorded.
- Follow all Chaucer Group Product Governance processes in the UCM and obtain appropriate approval.
Skills and Competencies:
- Professional outlook that fully supports Chaucer's values.
- Excellent communication and presentation skills.
- Excellent organisational skills.
- Team player.
- Self-motivated and enthusiastic.
Education:
- 3 'A' Levels or equivalent, or Degree.
- Working towards ACII qualification.
Why Join Chaucer:
- A flexible hybrid work model that supports individual and team needs.
- A diverse, inclusive culture that values people for who they are.
- Extensive, non-contributory benefits, including medical, life, and pension cover, flexible holidays, and wellbeing support.
Underwriting Assistant - Political Violence Risk & Analysis employer: Chaucer Group
Chaucer Group is an exceptional employer, offering a flexible hybrid work model that caters to both individual and team needs, fostering a diverse and inclusive culture where every employee is valued. With extensive non-contributory benefits such as medical, life, and pension cover, alongside opportunities for professional growth and development, employees can thrive in a supportive environment while contributing to meaningful projects in the Political Violence & Crisis Management sector.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriting Assistant - Political Violence Risk & Analysis
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with potential colleagues on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Tip Number 2
Prepare for interviews by researching the company and the role. We recommend practising common interview questions and even doing mock interviews with friends. The more prepared you are, the more confident you'll feel when it’s time to shine!
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way in showing your enthusiasm for the position. We suggest mentioning something specific from the interview to remind them of your conversation.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge. Plus, it’s super easy to keep track of your applications this way!
We think you need these skills to ace Underwriting Assistant - Political Violence Risk & Analysis
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Underwriting Assistant role. Highlight any relevant experience in underwriting, data analysis, or financial modelling. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about political violence risk and how you can contribute to our team. Keep it concise but engaging – we love a good story!
Show Off Your Communication Skills:Since excellent communication is key for this role, make sure your application reflects that. Use clear language and structure your documents well. We appreciate a professional outlook that aligns with our values!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates directly from us. Plus, it’s super easy!
How to prepare for a job interview at Chaucer Group
✨Know Your Stuff
Make sure you understand the basics of underwriting, especially in relation to political violence and crisis management. Brush up on key terms and concepts, and be ready to discuss how they apply to real-world scenarios.
✨Show Off Your Analytical Skills
Since the role involves financial models and data analysis, prepare to demonstrate your analytical abilities. Bring examples of past projects or experiences where you've successfully used data to inform decisions or solve problems.
✨Practice Your Communication
You'll need to liaise with brokers and present findings to your team, so practice articulating your thoughts clearly. Consider doing mock interviews with a friend to refine your presentation skills and ensure you're comfortable discussing complex topics.
✨Be Ready for Teamwork Questions
As a team player, you'll likely face questions about collaboration. Think of specific instances where you've worked effectively in a team, highlighting your role and the outcome. This will show that you align with the company's values and culture.
