At a Glance
- Tasks: Support underwriting processes and maintain accurate records while ensuring high service standards.
- Company: Join DUAL, a leading international underwriting agency with a strong reputation.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Opportunities for career growth and training in a rapidly evolving business.
- Why this job: Be part of a dynamic team making an impact in the insurance industry.
- Qualifications: A-levels in a numerate discipline and a passion for the insurance sector.
The predicted salary is between 30000 - 40000 £ per year.
Working across 21 countries, DUAL has built a reputation as a specialist underwriting group and the market of choice for insurance intermediaries around the world. DUAL is part of Howden, an international insurance group with employee ownership at its heart.
Role Definition
Administrative underwriting support with a focus on case level underwriting, assisting the team to produce:
- Environmental & Regulatory checks.
- Other day to day underwriting aspects, including Policy Documents, MTA’s, case underwriting.
Key Responsibilities / Accountabilities
- Ensure up to date records are maintained at all times on the Company systems, including Claims Reports / TPA Reports and Movement Reporting.
- Interpret instructions and issues arising, and then implement actions according to Company policies and procedures.
- Innovative, always look for ways to improve efficiency.
- Participate and undertake applicable professional, technical and career development training (delivered internally and externally) as appropriate.
- Ensure that service levels to clients / insurance brokers is of high standard.
- Resolve any outstanding underwriting related tasks/matters in a timely and efficient manner to enable supporting functions, including claims, finance and compliance, to fulfil their responsibilities with the minimum of problems.
- Ensure all dealings are carried out with integrity and professionalism.
- Act in utmost good faith, in accordance with Company and/or Group policies and never risk the Company’s or Group’s reputation.
- Manage assigned projects and contribute to other projects as required.
Skills and abilities needed to perform role
- Ability to work quickly, efficiently and methodically.
- Strong networking and communication skills.
- All round awareness of those aspects of the insurance industry that have a direct bearing on key responsibilities and accountabilities.
- Efficient and highly organised.
- Pro‑active and strategic approach to work.
- Ability to work under pressure to tight deadlines.
- Ability to adapt to a rapidly changing business environment.
Knowledge and Experience
A broad range of experience in the insurance industry, including one or more of the following: policy work and preparation; basic accounts; claims; insurance broking; and building a sound product awareness with experience of supporting an underwriting function to which the job holder is responsible for.
Compliance & Regulatory Responsibilities
- To remain compliant with FCA requirements at all times.
- To obtain appropriate approvals to ensure compliance with company policy, procedures and regulatory requirements/rules, with regards to data protection, money laundering etc.
- To share ideas, best practice and other information within the team.
- Evidence that in all aspects of the business process, priority is placed on treating customers fairly.
- Meet all competency requirements by undertaking training and following agreed principles, policies, processes and procedures.
- Identify and refer any actual or potential conflicts of interest.
- Identify and refer any breaches, potential risks or non‑compliance to line management.
- Ensure that own performance, HR and Training and Competence records are up to date and meet the Company’s requirements.
- Maintain accurate records and deal with correspondence appropriately.
Professional Qualifications
A‑level, ideally in a numerate discipline.
Assistant Underwriter employer: DUAL UK
DUAL is an exceptional employer, offering a dynamic work environment that fosters innovation and professional growth within the insurance sector. With a strong emphasis on employee ownership and a commitment to high service standards, team members benefit from extensive training opportunities and a collaborative culture that values integrity and efficiency. Located in a global network, employees enjoy the unique advantage of working with diverse teams across 21 countries, enhancing their professional experience and career prospects.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Underwriter
✨Tip Number 1
Network like a pro! Reach out to people in the insurance industry, especially those working at DUAL or similar companies. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for the interview by researching DUAL’s values and recent projects. Show us that you’re not just another candidate; you’re genuinely interested in what we do and how you can contribute to our success.
✨Tip Number 3
Practice your responses to common interview questions, but keep it natural. We want to see your personality shine through, so don’t be afraid to let your enthusiasm for the role show!
✨Tip Number 4
Apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows us you’re proactive and serious about joining our team.
We think you need these skills to ace Assistant Underwriter
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Assistant Underwriter role. Highlight relevant experience in the insurance industry, especially any administrative or underwriting support roles you've had. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the insurance industry and how you can contribute to our team. Keep it concise but engaging – we love a good story!
Showcase Your Skills:In your application, be sure to showcase your strong networking and communication skills. Mention any experience you have with compliance and regulatory responsibilities, as these are key for the role. We’re looking for someone who can hit the ground running!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Let’s get started on this journey together!
How to prepare for a job interview at DUAL UK
✨Know Your Stuff
Make sure you brush up on your knowledge of the insurance industry, especially anything related to underwriting. Familiarise yourself with key terms and processes, as well as DUAL's specific operations. This will show that you're not just interested in the role but also understand the bigger picture.
✨Show Off Your Organisational Skills
Since the role requires a high level of organisation and efficiency, be prepared to discuss how you manage your time and tasks. Bring examples of how you've successfully handled multiple responsibilities or projects in the past, and highlight any tools or methods you use to stay organised.
✨Demonstrate Your Communication Skills
Strong networking and communication skills are essential for this position. Think of instances where you've effectively communicated complex information or resolved conflicts. Be ready to share these experiences during the interview to illustrate your ability to work well with clients and colleagues alike.
✨Be Proactive and Innovative
DUAL values innovation and efficiency, so come prepared with ideas on how you could improve processes or contribute to projects. Show that you're not just a follower but someone who actively seeks out ways to enhance the team's performance and service levels.
