At a Glance
- Tasks: Support a dynamic underwriting team in the exciting entertainment insurance sector.
- Company: Join a growing London Market MGA with a creative focus.
- Benefits: Competitive salary, hybrid work model, and opportunities for growth.
- Other info: Exciting career path with a focus on compliance and data accuracy.
- Why this job: Be part of a collaborative team making an impact in the entertainment industry.
- Qualifications: Experience in the London Insurance Market and strong admin skills required.
The predicted salary is between 28000 - 42000 £ per year.
Overview
Underwriting Assistant – Insurance | Hybrid – Central London Office (3–4 days/week) | Specialty Insurance (Entertainment) | Salary up to £35,000
Join a dynamic and growing London Market MGA that specialises in providing insurance solutions to the entertainment industry. This is a unique opportunity to support a specialist underwriting team operating in one of the most exciting and creative sectors of insurance.
Your role: provide essential administrative and technical support to the underwriting team, helping ensure the smooth handling of new business, renewals, endorsements, and policy servicing. You’ll work closely with brokers, clients, and internal stakeholders to maintain accurate records, deliver excellent service, and contribute to a collaborative and high-performing team.
Responsibilities
- Prepare and issue policy documents, endorsements, and certificates
- Assist with risk assessment and underwriting information gathering
- Maintain complete, compliant, and audit-ready underwriting files
- Respond to broker queries and escalate where necessary
- Produce and quality-check monthly Risk & Premium Bordereaux
- Support internal reporting and MI requests
- Ensure data accuracy in internal systems
- Help meet SLAs by managing workflow and priorities
- Ensure compliance with regulatory standards (KYC, sanctions, etc.)
What We're Looking For
- Similar role within the London Insurance Market
- Strong administrative skills and attention to detail
- Proficiency in Microsoft Office (especially Excel)
Job Details
- Seniority level: Associate
- Employment type: Full-time
- Job function: Administrative, Analyst, and Other
- Industries: Insurance, Insurance Agencies and Brokerages, and Insurance Carriers
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Underwriting Assistant in City of London employer: Finitas
Join a vibrant and innovative team at our Central London office, where we pride ourselves on fostering a collaborative work culture that values creativity and excellence in the specialty insurance sector. As an Underwriting Assistant, you'll benefit from a supportive environment that encourages professional growth and development, alongside competitive salary packages and the flexibility of a hybrid working model. With a focus on the entertainment industry, this role offers a unique opportunity to engage with diverse clients and contribute to exciting projects within a dynamic market.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriting Assistant in City of 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 Finitas). 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 Finitas. 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 Underwriting Assistant in City of 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 Finitas.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Finitas. 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 Finitas
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Finitas 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 Finitas, 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 Finitas'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.
