At a Glance
- Tasks: Provide top-notch underwriting support and manage accounts in a dynamic team environment.
- Company: Join AIG, a global leader in insurance solutions with a focus on innovation.
- Benefits: Comprehensive benefits package, including health, wellbeing, and professional development opportunities.
- Other info: Inclusive culture that values diversity and offers excellent career growth.
- Why this job: Kickstart your career in underwriting with training and qualifications in a supportive culture.
- Qualifications: A-level education or equivalent, with general insurance knowledge and strong communication skills.
The predicted salary is between 30000 - 40000 £ per year.
Join us as an Underwriting Support to take your career to the next level with a global market leader.
How you will make an impact:
As a Specialist in our Underwriting Operations Team Marine Cargo, you will be responsible for providing efficient and high-quality underwriting support to the UK Underwriting Teams. You will support the end-to-end underwriting process through regular liaison with other functions to ensure the highest quality of service is delivered to our brokers and clients. This is a fantastic role for someone with good general insurance knowledge who wants to progress their career in underwriting operations. You will be given comprehensive training and the opportunity to complete insurance qualifications.
Key responsibilities:
- Attend Lloyd’s of London insurance market, an underwriting “box”.
- Manage a portfolio of Accounts.
- Efficiently and accurately ensure all new business and renewal accounts are processed.
- Proactive engagement with Underwriting to ensure new and renewed accounts have an efficient and smooth account hand over, ensuring information received is understood and complete in order to process/instruct policies on systems and to the network.
- Liaise with Underwriters to ensure correct interpretation of data for accuracy and completeness.
- Maintain documentation and files, ensuring all documentation is retained centrally.
- Accountable for (RI) premium, (RI) commission and tax bookings in processing systems.
- Liaise with the Credit Control team - answering queries, tracking, and monitoring premium using core underwriting systems.
- Manage requests originating from clients and brokers, and refer to Underwriting as required.
- Participate in client/broker meetings, as requested by Underwriting.
- Regular interaction with our off-shore team – leading huddles, auditing work, quality control.
- Build strong relationships with internal and external stakeholders.
- Develop expert level knowledge with regards to systems, and processes and keep abreast of new guidelines published.
- Act as reference point for others in the team when questions come up and/or uncertainties exist.
- Support project work to ensure that existing processes meet requirements.
What you’ll need to succeed:
- Minimum A-level standard of education or equivalent business experience.
- General insurance knowledge.
- Knowledge of Underwriting processes with regards to the following areas: Submission/Quotes, Risk specifics, basic pricing principles, Reinsurance concepts (FAC RI, Captive, Treaties etc.), Domestic market specifics and customs.
- Knowledge of premium allocation principles, (European) cross-border tax calculation & processing specifics as well as insurance accounting principles.
- Strong organisation skills with the ability to prioritise work and meet deadlines.
- Collaborative with the ability to build strong relationships with key internal and external stakeholders.
- Excellent communication skills.
- Strong problem solving skills.
- Attention to detail.
- Strong IT skills - experience of Microsoft Outlook, Word, Excel, Powerpoint, Teams and Power BI would be advantageous.
Underwriting Support - Maternity Cover 12 moths FTC employer: Dormont Manufacturing Co
At AIG, we pride ourselves on being a global leader in insurance solutions, offering a dynamic work environment that fosters professional growth and development. Our commitment to employee wellbeing is reflected in our comprehensive Total Rewards Program, which prioritises health, financial security, and continuous learning opportunities. Join us in a culture of inclusion where your unique talents are celebrated, and you can make a meaningful impact in the underwriting operations team.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriting Support - Maternity Cover 12 moths FTC
✨Tap into Local Agencies
For temporary roles like the one at Dormont Manufacturing Co, don't overlook local recruitment agencies that specialise in the insurance sector. They often have inside info on your local market and can help you get your foot in the door quicker!
✨Seasonal Opportunities Are Gold
Insurance companies often ramp up staffing for specific seasons, especially during peak times like annual policy renewals. Keep an eye out for those temporary gigs and be ready to jump in. Make sure you’re on our website regularly to catch those listings!
✨Network with Industry Pros
Join insurance-focused online platforms and forums to connect with professionals who can share insider tips about temporary roles. Attend local industry meetups or workshops to widen your network; sometimes it’s all about who you know!
✨Showcase Your Flexibility
For temp roles, employers are often looking for candidates who can hit the ground running. Highlight any previous experience you have in fast-paced environments on your profile or during interviews, so Dormont Manufacturing Co knows you can adapt quickly to their needs!
We think you need these skills to ace Underwriting Support - Maternity Cover 12 moths FTC
Some tips for your application 🫡
Highlight Relevant Certifications:In the insurance world, having the right qualifications can set you apart. If you've got any certifications like Cert CII or other relevant credentials, make sure they're front and centre on your CV. It shows you're committed to the industry and ready to hit the ground running!
Showcase Your Customer Service Skills:Insurance is all about helping clients through tricky times. Use your application to mention your previous customer service experience or soft skills like problem-solving and empathy. These are crucial for any temporary role in the insurance sector, so don’t shy away from flexing these muscles!
Tailor Your CV for the Temp Role:For a temporary position, it's all about demonstrating your ability to adapt quickly. Tailor your CV to highlight experiences that show you can jump in and make an impact immediately. Mention short projects, freelance gigs, or any fast-paced roles that show you thrive in dynamic environments.
Be Clear About Availability:In your cover letter, clearly state your availability for the temporary role. Since this is a short-term gig, emphasising your flexibility and readiness to start immediately can really catch Dormont Manufacturing Co's eye. Remember, they need someone who can fit right in, so make it easy for them to see you as that person!
How to prepare for a job interview at Dormont Manufacturing Co
✨Master the Basics of Underwriting
Since you're aiming for a temporary role in insurance, brush up on the basic principles of underwriting. Be ready to discuss how you would assess risks and make simple decisions on policy issuance, as these are likely to come up in technical questions.
✨Familiarise Yourself with Relevant Regulations
Insurance is heavily regulated, so it helps to be familiar with key regulations that affect the industry. Bring up any specific legislation you're aware of and how it could impact your work at Dormont Manufacturing Co. This shows you're engaged and knowledgeable.
✨Highlight Your Flexibility
As it's a temporary position, it's crucial to stress your adaptability. Talk about previous experiences where you had to pick up new tasks quickly or adjust to changing needs. Employers will appreciate your willingness to jump in and get the job done without a long onboarding process.
✨Prepare to Discuss Claims Processing
Be ready to dive into discussions around claims processing, as this might be a big part of your role. Bring along examples of how you've approached problem-solving in past roles, especially if you've dealt with customer claims or insurance queries before. It's a great way to show your relevant experience.
