At a Glance
- Tasks: Support underwriting team by analysing data and modelling risks for political violence.
- Company: Join a leading insurance firm committed to diversity and customer satisfaction.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Dynamic team atmosphere with opportunities for career growth and learning.
- Why this job: Make a real impact in the insurance industry while developing your analytical skills.
- Qualifications: ACII qualification or working towards it, with strong analytical and communication skills.
The predicted salary is between 40000 - 50000 £ per year.
Responsible for providing support to the Underwriting team, particularly in interpreting, preparing and analysing underwriting data to supply comprehensive modelling information to aid the underwriting process.
Responsibilities
- Support class and other underwriters in all aspects of underwriting and account management.
- Coordinate and conduct quality control with Risk Admin.
- Model PV risks and liaise with the Credit Control Department.
- Prepare and monitor peer‑review meetings.
- Maintain risk history, including organisation and filing.
- Assist with special projects and maintain aggregate exposure records.
- Prepare statistics and assist other PV Class underwriters as required.
- Assist the PV Unit Head with management data monitoring.
Regulatory Responsibilities
- Comply with all policies and procedures, ensuring good customer outcomes and fair treatment of customers.
- Manage relationships with customers, agents and service providers; advise, assist, and service customers on insurance and risk matters to promote satisfaction.
- Foster positive relationships with customers and understand their needs.
- Ensure customer complaints are promptly identified, recorded and referred appropriately.
- Complete all required annual product review assessments within agreed timescales, obtaining and recording approvals.
- Follow Chaucer Group Product Governance processes in the UCM and secure appropriate approvals.
- Ensure that the principles of good customer outcomes and fair treatment are upheld by agents and service providers.
Skills and Competencies
- Lloyd’s Market box / Syndicate experience.
- Other insurance experience.
- Mathematics, data and analytical skills.
- Intermediate knowledge of Excel.
- Strong communication skills and charisma.
- Understanding of the risks being taken.
- Ability to communicate with different levels and adaptability.
- Team‑working ability.
Education
- Fully or almost qualified ACII qualification – job holders will be expected to achieve Associate status within a reasonable period of time.
Equality and Diversity Commitment
Chaucer is committed to diversity, actively values difference and respects people regardless of the protected characteristics outlined in the Equality Act 2010 (UK legislation) and the Equal Treatment Directive 2006 (EU legislation).
Deputy Class Underwriter - Political Violence employer: Chaucer Underwriting Services Limited
Chaucer Group is an exceptional employer that fosters a collaborative and inclusive work culture, particularly for the Deputy Class Underwriter role in Political Violence. With a strong commitment to employee development, we offer comprehensive training and growth opportunities, ensuring our team members are well-equipped to excel in their careers. Located in a dynamic environment, we prioritise employee satisfaction and engagement, making Chaucer a rewarding place to build a meaningful career in the insurance sector.
Contact Details:
Chaucer Underwriting Services Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Deputy Class Underwriter - Political Violence
✨Dive Into Industry Networking Events
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✨Look Out for Graduate Schemes
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We think you need these skills to ace Deputy Class Underwriter - Political Violence
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 Chaucer Underwriting Services Limited.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Chaucer Underwriting Services Limited. 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 Chaucer Underwriting Services Limited
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Chaucer Underwriting Services Limited 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 Chaucer Underwriting Services Limited, 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 Chaucer Underwriting Services Limited'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.
