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- Tasks: Support the Delegated Underwriting team with oversight and management of delegated authority agreements.
- Company: Asta, a leading firm in the insurance industry with a focus on employee wellbeing.
- Benefits: Flexible working, generous holiday allowance, private medical insurance, and competitive pension.
- Why this job: Join a dynamic team and gain valuable experience in the insurance sector.
- Qualifications: Strong educational background and office experience preferred; Microsoft Office skills required.
- Other info: Enjoy a supportive workplace with excellent career development opportunities.
The predicted salary is between 32000 - 35000 £ per year.
Main Purpose of the Role:
Assist the Delegated Underwriting team in the review and oversight of delegated authority agreements and provide managed syndicates with delegated authority related support and guidance.
Key Responsibilities:
- Assist in the coverholder onboarding and contract review process for DUA business written by Asta's syndicates and managed MGAs.
- Assist the audit process, including coordination and review of coverholder audit reports.
- Maintenance and update of records in the delegated underwriting management system.
- Assist with the production of reports and MI management information (MI) for internal meetings and regular syndicate meetings.
- Administration of Atlas tasks, entry and approval of new binders on DCOM, Delegated Audit manager (DAM) audit scoping.
- Assist the DUA manager in the delivery of Asta's delegated authority oversight strategy in line with the Principles for Doing Business at Lloyd's.
Skills, Knowledge & Expertise:
- Strong educational background.
- Previous work experience in an office environment would be preferable.
- Competent user of Microsoft Office (including Outlook, Word and Excel).
- General insurance industry knowledge/experience preferred.
Job Benefits:
At Asta, you’ll enjoy a market-leading benefits package that puts your wellbeing, career development and financial future first. We combine flexible working, strong family-friendly policies and exceptional rewards to create a supportive, inclusive and high-performing workplace.
- Work-life balance you can rely on.
- 35-hour working week with hybrid and flexible working.
- Generous holiday allowance that increases with service.
- Your health & wellbeing covered: Private medical insurance with virtual GP access, annual health screening, dental cover and eye care.
- Subsidised gym or sports club membership.
- Support for you and your family.
- Enhanced maternity, paternity, adoption and shared parental pay.
- Highly competitive pension with up to 13% employer contribution.
- Life assurance and income protection.
- Discretionary annual bonus scheme.
- Interest-free season ticket loan and salary sacrifice schemes.
Delegated Underwriting Assistant in London employer: Davies
Contact Detail:
Davies Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Delegated Underwriting Assistant in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect 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 role thoroughly. Understand their values and how you can contribute to their goals. This will help you stand out and show that you're genuinely interested.
✨Tip Number 3
Practice your interview skills with friends or family. Get comfortable answering common questions and discussing your experience. The more you practice, the more confident you'll feel when it’s time to shine.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Delegated Underwriting Assistant in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Delegated Underwriting Assistant role. Highlight relevant experience and skills that match the job description, especially your knowledge of the insurance industry and any office experience you've got.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the role. Mention specific responsibilities from the job description and how your background aligns with them. Keep it engaging and personal!
Showcase Your Skills: Don’t forget to showcase your Microsoft Office skills, especially Excel, as it's mentioned in the job description. If you have experience with any relevant software or systems, make sure to include that too!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates!
How to prepare for a job interview at Davies
✨Know Your Stuff
Make sure you brush up on your knowledge of delegated underwriting and the insurance industry. Familiarise yourself with key terms and processes, especially those mentioned in the job description. This will show that you're genuinely interested and prepared.
✨Showcase Your Skills
Highlight your experience with Microsoft Office and any relevant office work you've done. Be ready to discuss how you've used these skills in previous roles, particularly in relation to report production or data management.
✨Ask Smart Questions
Prepare thoughtful questions about the role and the company. This could be about their delegated authority oversight strategy or how they support employee development. It shows you're engaged and keen to understand more about the team and its goals.
✨Be Yourself
While it's important to be professional, don't forget to let your personality shine through. Asta values a supportive and inclusive workplace, so being authentic can help you connect with your interviewers and demonstrate that you'd be a great fit for their culture.
