At a Glance
- 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) in Slough employer: Edenbrook
Contact Detail:
Edenbrook Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Operations Assistant (underwriting) in Slough
✨Tip Number 1
Network like a pro! Reach out to people in the insurance industry, especially those working in underwriting. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Show off your skills! When you get the chance to meet potential employers, whether at networking events or interviews, be ready to discuss your knowledge of Lloyd’s market processes and how you can contribute to their team.
✨Tip Number 3
Be proactive! If you see a role that fits you, don’t just wait for the application window. Reach out directly through our website and express your interest. A little initiative goes a long way!
✨Tip Number 4
Prepare for the unexpected! In interviews, be ready to tackle questions about how you’d handle discrepancies or queries in data processing. Show them you’re not just a candidate, but a problem-solver.
We think you need these skills to ace Operations Assistant (underwriting) in Slough
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, emphasise 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 to the point. Use bullet points where possible to make it easy for us to see your key achievements and skills. We appreciate 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. We can’t wait to hear from you!
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.
✨Showcase Your Attention to Detail
Since this role involves accurate data entry and quality control checks, be prepared to demonstrate your attention to detail. You might want to share examples from previous experiences where you identified discrepancies or improved processes. This will show that you can maintain high standards in your work.
✨Build Relationships
This position requires strong stakeholder relationships, so think about how you can convey your interpersonal skills. Prepare examples of how you've successfully collaborated with teams or resolved conflicts in the past. Highlighting your ability to work alongside Underwriters will be key.
✨Embrace Continuous Improvement
The company values a culture of continuous improvement, so come ready with ideas! Think about processes you've improved in previous roles and be prepared to discuss how you can contribute to enhancing efficiencies in this new position. Showing initiative will impress your interviewers.