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- Tasks: Support Underwriters in managing Political Violence & Crisis Management portfolios and data analysis.
- Company: Join Chaucer, a leading insurance group at Lloyd’s with a global presence.
- Benefits: Flexible working arrangements, diverse culture, and opportunities for professional growth.
- Why this job: Make an impact in the insurance industry while developing your skills in a dynamic environment.
- Qualifications: 3 ‘A’ Levels or equivalent, or Degree; pursuing ACII qualification.
- Other info: Be part of a diverse team that values difference and promotes respect.
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.
Responsibilities:
- 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 approvals.
- Ensure that the principles of providing good customer outcomes and the fair treatment of customers are upheld by Agents and Service Providers.
Skills and Competencies:
- Professional outlook that fully supports Chaucer’s values.
- Attention to detail.
- Excellent communication and presentation skills.
- Proven interpersonal skills.
- Excellent organisational skills.
- Team player.
- Self-motivated and enthusiastic.
Education:
- 3 ‘A’ Levels or equivalent, or Degree.
- Working towards ACII qualification.
Chaucer is committed to diversity, actively values difference and respects people regardless of the protected characteristics which are outlined in the Equality Act 2010 (UK legislation). A diverse workforce and an inclusive workplace are core to our success as a business and integral to our winning strategy and culture. We recruit from the widest available pool of talent, and our hiring, assessment and selection process is fair, free from bias and one which ensures we select the right person for the job, based on merit. We are committed to promoting a culture that actively values difference, and recognises that everyone has the right to be treated with dignity and respect throughout their employment. We are open to considering flexible working arrangements for all roles and encourage you to outline your needs during the interview process.
Underwriting Assistant - Political Violence employer: Chaucer
Contact Detail:
Chaucer Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriting Assistant - Political Violence
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with professionals on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and the role. Understand Chaucer's values and how they align with your own. This will help you stand out and show that you're genuinely interested in being part of the team.
✨Tip Number 3
Practice your communication skills! Whether it's presenting your analysis or discussing financial models, being articulate and confident is key. Consider mock interviews with friends or mentors to sharpen your delivery.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're serious about joining us at Chaucer and ready to dive into the world of underwriting.
We think you need these skills to ace Underwriting Assistant - Political Violence
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Underwriting Assistant role. Highlight your relevant skills, like attention to detail and communication abilities, that match what we're looking for in our team.
Showcase Your Experience: If you've got any experience with financial models or data analysis, be sure to mention it! We love seeing how your past roles can contribute to our Political Violence & Crisis Management portfolio.
Be Professional Yet Personable: While we appreciate a professional outlook, don’t forget to let your personality shine through. We’re looking for team players who are self-motivated and enthusiastic about joining us at Chaucer.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows your genuine interest in being part of our diverse and inclusive team.
How to prepare for a job interview at Chaucer
✨Know Your Stuff
Make sure you understand the basics of underwriting, especially in the context of political violence and crisis management. Brush up on key terms and concepts, and be ready to discuss how they apply to the role. This will show that you're not just interested in the job, but that you’re genuinely engaged with the industry.
✨Show Off Your Analytical Skills
Since the role involves financial models and data analysis, prepare to demonstrate your analytical skills. Bring examples of past projects or experiences where you've successfully analysed data or created reports. This will help the interviewers see how you can contribute to their team right away.
✨Be a Team Player
Chaucer values teamwork, so be prepared to discuss how you’ve worked effectively in teams before. Share specific examples of how you’ve collaborated with others, whether in school projects or previous jobs. Highlight your communication skills and how you can support Underwriters in meetings and daily tasks.
✨Ask Smart Questions
Prepare thoughtful questions about the company culture, the team dynamics, and the specific challenges the Underwriting team faces. This shows that you’re not only interested in the position but also in how you can fit into and contribute to the team’s success.