At a Glance
- Tasks: Assist with underwriting and processing commercial and residential risks while learning the ropes.
- Company: Join a well-known insurance company with a supportive and dynamic team.
- Benefits: Enjoy a competitive salary, excellent benefits, and hybrid working options.
- Other info: Be part of a global company that values integrity, teamwork, and personal development.
- Why this job: Kickstart your career in underwriting with training and growth opportunities.
- Qualifications: A good degree or relevant experience, plus strong communication and organisational skills.
The predicted salary is between 28500 - 28500 £ per year.
Our well-known insurance-based client has a fantastic opportunity for an Underwriting Assistant to join the Commercial Underwriting team based in Leeds. You will assist with the daily underwriting and processing of commercial and residential risks ensuring that new business is secured in addition to learning about the various risks and underwriting them effectively.
Your key responsibilities will include:
- Reviewing/summarising files, gathering information for Underwriters and dealing with new enquiries and queries via the telephone and through written contact.
- Checking policy wording, demonstrating an in-depth knowledge of policy coverage and discussing this confidently with external and internal clients.
- Ensuring that systems are maintained and updated as required.
- Developing and maintaining excellent working relationships with key clients and brokers in the UK ensuring a consistently high level of service.
- Working within prescribed objectives and procedures ensuring that all the requirements of department guidelines, service, regulatory and technical standards are met.
- Being proactive in considering the department’s processes and highlighting the need for change/improvement.
- Understanding external/internal clients’ needs and working with the team to meet these needs.
- Achieving and maintaining technical competence in accordance with company standards.
- Modeling and promoting company values in all aspects of your daily work (Integrity, Commitment, Teamwork, Service and Leadership).
- Undertaking legal research, projects and other reasonable duties as assigned by line manager.
- Continually developing industry and marketplace knowledge.
- Travel including to other sites within the group is required.
You must:
- Act with integrity.
- Act with due skill, care and diligence.
- Be open and co-operative with the FCA, the PRA and other regulators.
- Pay due regard to the interests of customers and treat them fairly.
- Observe proper standards of market conduct.
- Act to deliver good outcomes for retail customers.
To be successful, candidates should possess the following:
- A good degree (minimum 2:1) or a legal/insurance/property professional qualification or relevant experience.
- Excellent communication skills with the ability to liaise at all levels.
- Ability to develop business relationships.
- Strong organisational and analytical skills.
- The ability to prioritise your workload often within tight deadlines whilst still maintaining a high attention to detail.
- Flexibility in providing help and support for others and building good working relationships with your team colleagues.
- A positive, can-do approach.
- Outstanding customer service skills and the ability to build strong business relationships with internal and external customers.
- Excellent negotiation skills.
- Takes personal responsibility for actions and decisions and takes the initiative to make things happen.
- Willingly provides help and support for others.
- Competent in using Microsoft Office suite.
- Remains positive despite difficulty, disappointment and when under pressure.
- Builds rapport with colleagues, contributing to the effectiveness of the team and is a co-operative team member.
- Is open to change and demonstrates flexibility.
- Demonstrates a ‘can do’ attitude.
- Is aware of personal development needs and raises issues with manager to help improve effectiveness.
- Takes on board comments about development needs and is always willing to learn.
You will need to demonstrate an interest in a sales/client facing role, be comfortable in a commercial negotiating environment, have a strong desire to succeed and be willing and able to gain knowledge quickly in order to successfully analyse risks, devise commercially viable solutions and manage relationships. Above all, to be successful in this role you need to show enthusiasm, drive and a positive working attitude. For this you will be rewarded with the opportunity for a very successful career within an expanding global company.
If you would like to apply for this role, please email a copy of your CV to kate.evans@graduateplanet.co.uk quoting reference number GP299 as soon as possible. Thank you, we look forward to hearing from you.
Undewriting Assistant in Leeds employer: Graduate Planet
Join a leading insurance firm in Leeds as an Underwriting Assistant, where you will benefit from a supportive work culture that prioritises employee growth and development. With a competitive salary of £28,500 and an excellent benefits package, including hybrid working opportunities, you will have access to comprehensive training programmes and sponsorship for professional qualifications, ensuring a rewarding career path in underwriting. Embrace the chance to build strong relationships with clients and brokers while contributing to a dynamic team committed to integrity, teamwork, and exceptional service.
StudySmarter Expert Advice🤫
We think this is how you could land Undewriting Assistant in Leeds
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. Building relationships can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by researching the company and understanding their values. Be ready to discuss how your skills align with their needs, especially in underwriting and client relations.
✨Tip Number 3
Practice your communication skills! Whether it's over the phone or face-to-face, being able to articulate your thoughts clearly is key in this role. Role-play with a friend if you need to!
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Undewriting Assistant in Leeds
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Underwriting Assistant role. Highlight relevant experience and skills that match the job description, like your communication skills and ability to build relationships.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about underwriting and how your background makes you a great fit for the team. Keep it concise but impactful!
Showcase Your Skills:Don’t forget to mention your organisational and analytical skills in your application. These are key for the role, so give examples of how you've used them in past experiences.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates!
How to prepare for a job interview at Graduate Planet
✨Know Your Stuff
Make sure you brush up on your knowledge of underwriting principles and policy coverage. Familiarise yourself with common commercial and residential risks, as well as the specific requirements of the role. This will help you answer questions confidently and demonstrate your understanding of the industry.
✨Show Off Your Communication Skills
Since this role involves liaising with clients and brokers, practice articulating your thoughts clearly and concisely. Prepare examples of how you've successfully communicated in previous roles, especially in challenging situations. This will showcase your excellent communication skills and ability to build relationships.
✨Be Ready for Scenario Questions
Expect to face scenario-based questions that assess your problem-solving and analytical skills. Think about how you would handle specific underwriting situations or client queries. Practising these scenarios can help you feel more prepared and confident during the interview.
✨Demonstrate Your Team Spirit
Highlight your ability to work collaboratively within a team. Share examples of how you've supported colleagues or contributed to team success in the past. This will show that you embody the company values of teamwork and service, which are crucial for this role.
