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- Tasks: Support Underwriters by processing risks and ensuring data accuracy.
- Company: Leading London Market Insurer with a focus on innovation.
- Benefits: Gain valuable experience in insurance underwriting and develop key skills.
- Other info: Opportunities for continuous improvement and career growth.
- Why this job: Join a dynamic team and make a real impact in the insurance industry.
- Qualifications: Knowledge of Lloyd’s market processes and strong organisational skills.
The predicted salary is between 30000 - 40000 £ per year.
We are supporting a Leading London Market Insurer seeking an Operations Assistant to support their Underwriting Function. This role sits as a key contact for Underwriters and other internal stakeholders to ensure timely and accurate processing of risks. This role sits as an excellent opportunity to develop in insurance underwriting.
The successful candidate will:
- Perform accurate and timely risk and aggregate data entry into key systems.
- Work confidently alongside Underwriting teams and build stakeholder relationships.
- Strengthen knowledge across multiple classes of business underwritten.
- Conduct quality control checks on risk and aggregate data to ensure completeness, accuracy and compliance with internal standards.
- Identify and resolve discrepancies and queries, escalating where appropriate.
- Process and validate USM (Underwriting Signing Messages) and SCM (Signing & Claims Messages) in line with SLAs (Service Level Agreements), investigate and resolve message failures, exceptions and queries.
- Provide Operational support to Underwriting teams, ensuring efficient processing of transactions.
- Assist the Operations Assistant Team Leaders to deliver good results by maintaining agreed SLAs and meeting team KPIs.
- Actively contribute to a continuous improvement culture and identify opportunities to improve process efficiencies, accuracy and control.
- Be a key contact for Underwriters and other internal stakeholders to ensure timely and accurate processing of risks and resolution of queries.
The skills you will need are:
- Strong knowledge of the Lloyd’s market processes and Syndicate Operations.
- Demonstrates practical knowledge of delegated authority and open market business and understands the operational and contractual differences.
- Familiarity with London Market Systems (e.g. PPL, Whitespace).
- Ability to manage own time well and work to meet numerous deadlines, both individually and alongside others.
Operations Assistant (underwriting) employer: Edenbrook
Contact Detail:
Edenbrook Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Operations Assistant (underwriting)
✨Tip Number 1
Network like a pro! Reach out to people in the insurance industry, especially those working in underwriting. Attend events or webinars, and don’t be shy to slide into DMs on LinkedIn. Building relationships can open doors that job applications alone can't.
✨Tip Number 2
Prepare for interviews by knowing your stuff! Research the company and its underwriting processes. Be ready to discuss how you can contribute to their team and improve efficiencies. Show them you’re not just another candidate but someone who’s genuinely interested in their operations.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. Plus, it’s a great chance to reiterate why you’d be a perfect fit for their underwriting team.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you. By applying directly, you’ll have a better chance of standing out and getting noticed by our hiring team. Let’s get you that Operations Assistant role!
We think you need these skills to ace Operations Assistant (underwriting)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Operations Assistant role. Highlight any relevant experience in underwriting or insurance, and don’t forget to mention your familiarity with London Market Systems like PPL and Whitespace.
Showcase Your Skills: In your cover letter, showcase your strong knowledge of Lloyd’s market processes and your ability to manage time effectively. We want to see how you can contribute to our team and help maintain those all-important SLAs.
Be Clear and Concise: When writing your application, keep it clear and concise. Use bullet points where possible to make it easy for us to see your key achievements and skills at a glance. We love a well-structured application!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen to join our team!
How to prepare for a job interview at Edenbrook
✨Know Your Stuff
Make sure you brush up on your knowledge of the Lloyd’s market processes and Syndicate Operations. Familiarity with London Market Systems like PPL and Whitespace will definitely give you an edge. Be ready to discuss how these systems work and how you've used them in the past.
✨Show Your Team Spirit
This role is all about collaboration, so be prepared to talk about your experience working alongside Underwriting teams. Share examples of how you've built relationships with stakeholders and contributed to team success. Highlight your ability to manage your time effectively while meeting deadlines.
✨Attention to Detail is Key
Since you'll be conducting quality control checks and processing data, it's crucial to demonstrate your attention to detail. Bring examples of how you've ensured accuracy and compliance in previous roles. Discuss any experiences where you identified discrepancies and how you resolved them.
✨Embrace Continuous Improvement
The company values a culture of continuous improvement, so think about ways you've contributed to process efficiencies in the past. Be ready to share ideas on how you can help improve operations in this role. Showing that you're proactive about identifying opportunities for enhancement will impress your interviewers.