At a Glance
- Tasks: Underwrite airline insurance and build strong broker relationships for new business opportunities.
- Company: Join a leading global insurance organisation with a rich history and innovative approach.
- Benefits: Competitive salary, inclusive culture, and top-notch training for career growth.
- Other info: Dynamic team environment focused on professional development and inclusivity.
- Why this job: Make an impact in the fast-paced insurance industry while travelling globally.
- Qualifications: Knowledge of airline insurance and strong analytical skills required.
The predicted salary is between 50000 - 70000 £ per year.
Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world. Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.
Roles and Responsibilities
- Underwrite profitable business for all sub lines of Airline Insurance in accordance with business plans.
- Develop broker relationships and optimise opportunities for new business.
- Explore client and company knowledge to identify and optimise cross‑selling opportunities.
- Global business travel to service existing and prospective client base.
- Ongoing engagement with brokers in order to preserve existing business and follow up on outstanding quotations.
- Adhere to all Starr underwriting standards as outlined in the Underwriting Manual.
- Obtain sign‑off for all business that is in excess of agreed authority levels or where any factor falls below rating guidelines.
- Ensure that underwriting documentation, both paper and electronic, is accurate, complete, up-to-date and meets company standards.
- Ensure that the policy wordings and clauses are slip referenced and agreed.
- Ensure that all accounts are contract certain at the time of binding.
- Reconcile and report all premiums due versus received in order to manage credit control.
- Ensure that the file is complete and contains all relevant documents. Obtain any outstanding items from the broker or underwriter in readiness for Peer Review.
- Provide technical training to newly joining or less experienced members of the team.
- Delegate tasks for development purposes and provide appropriate support and supervision.
- Ensure that all accounts are contract certain.
Experience
- Good knowledge of class of business.
- Knowledge of Lloyd’s and London Market processing arrangements for premiums and claims.
- Up-to-date knowledge of claims to inform future underwriting decisions.
- Understanding of Business Plan.
Skills
- Analytical and problem solving skills.
- Negotiation, judgment and decision making skills.
- Strong numeracy skills.
- Professional business writing and presentation skills.
- Strong communicator, both written and oral.
- Technical coaching.
- Business development.
- Report writing.
Systems & IT
- Eclipse.
- Salesforce.
- MS Office – Excel, Access, Word and Outlook.
Qualifications
- Ongoing ACII accreditation.
Starr is an equal opportunity employer, which means we’ll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we’re committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.
Airline Underwriter in London employer: Dormont Manufacturing Co
Starr Insurance Companies is an exceptional employer, offering a dynamic work environment that fosters professional growth and development for Airline Underwriters. With a commitment to inclusivity and merit-based recruitment, employees benefit from first-class training opportunities and the chance to engage with a global client base across 128 countries. The collaborative culture encourages strong broker relationships and provides a platform for meaningful contributions in the fast-paced insurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Airline Underwriter in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Dormont Manufacturing Co). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Dormont Manufacturing Co. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Airline Underwriter in London
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 Dormont Manufacturing Co.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Dormont Manufacturing Co. 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 Dormont Manufacturing Co
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Dormont Manufacturing Co 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 Dormont Manufacturing Co, 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 Dormont Manufacturing Co'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.