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- Tasks: Provide essential underwriting support for Financial Institutions, ensuring smooth operations and compliance.
- Company: Join a leading Lloyd's Syndicate with a flexible hybrid work culture.
- Benefits: Enjoy competitive pay, flexible working hours, and opportunities for professional growth.
- Why this job: Be part of a dynamic team making impactful decisions in the financial sector.
- Qualifications: Experience in London Market Underwriting Support is essential.
- Other info: Great chance to build relationships and enhance your career in a supportive environment.
The predicted salary is between 36000 - 60000 £ per year.
New Vacancy - Senior Underwriting Support. Lloyd's Syndicate. Hybrid / Flexible. City of London.
I am currently partnered with a leading Lloyd's Syndicate who are seeking an experienced Underwriting Support individual to join their team. This role will act as an Underwriting Assistant for the Financial Institutions team and will be required to help out with Underwriting Admin duties including but not limited to chasing brokers for premiums/renewals, maintaining documents, peer reviews and much more. My client is looking for someone with strong London Market Underwriting Support experience.
Key Responsibilities- Provide day-to-day underwriting support to FI Underwriters across a portfolio of Financial Institutions risks.
- Assist with the preparation, review, and processing of new business, renewals, endorsements, and mid-term adjustments.
- Support Underwriters with accurate data capture, risk analysis, and presentation of underwriting information to ensure informed decision-making.
- Ensure underwriting files are complete, compliant, and maintained to Lloyd's and internal standards.
- Draft, issue, and check policy documentation, endorsements, binders, and certificates for accuracy and timeliness.
- Liaise with brokers to resolve queries, obtain outstanding information, and ensure documentation reflects agreed terms.
- Monitor and chase outstanding subjectivities, premium payments, and signed lines.
- Accurately enter and maintain risk and policy data within underwriting systems.
- Produce underwriting and portfolio reports to support performance monitoring, renewals, and capacity management.
- Assist with data quality initiatives and support regulatory and internal audits as required.
- Act as a key point of contact for brokers, delivering a professional and responsive service.
- Build and maintain strong working relationships with brokers and internal stakeholders, supporting the FI team's market presence.
- Support Underwriters during renewal seasons and market meetings, including preparation of submission packs and analysis.
Senior Underwriting Support - Lloyd\'s Syndicate in City of London employer: HFG
Contact Detail:
HFG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Underwriting Support - Lloyd\'s Syndicate in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the London Market and let them know you're on the lookout for a Senior Underwriting Support role. A friendly chat can lead to opportunities that aren't even advertised yet.
✨Tip Number 2
Prepare for those interviews by brushing up on your underwriting knowledge. Be ready to discuss your experience with Financial Institutions and how you've tackled underwriting admin duties in the past. Confidence is key!
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can keep you fresh in the interviewer's mind and show your enthusiasm for the role. Plus, it’s a great way to reiterate your fit for the position.
✨Tip Number 4
Apply through our website for the best chance at landing that job! We’re always looking for talented individuals like you, and applying directly can sometimes give you an edge over other candidates.
We think you need these skills to ace Senior Underwriting Support - Lloyd\'s Syndicate in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Underwriting Support role. Highlight your experience in underwriting support, especially within the London Market. We want to see how your skills match what we're looking for!
Showcase Relevant Experience: In your cover letter, focus on your previous roles and responsibilities that align with the job description. Mention specific tasks like managing underwriting files or liaising with brokers, as these are key to the position.
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 read through your qualifications and experiences quickly.
Apply Through Our Website: We encourage you to apply directly 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 on joining our team!
How to prepare for a job interview at HFG
✨Know Your Underwriting Basics
Make sure you brush up on your underwriting knowledge, especially in the context of Financial Institutions. Understand the key responsibilities of the role and be ready to discuss how your experience aligns with them.
✨Showcase Your Attention to Detail
Since the role involves maintaining compliance and accuracy in documentation, prepare examples that highlight your attention to detail. Discuss specific instances where your meticulousness made a difference in your previous roles.
✨Prepare for Broker Interactions
As you'll be liaising with brokers, think about how you can demonstrate your communication skills. Prepare to share experiences where you successfully resolved queries or built strong relationships with stakeholders.
✨Familiarise Yourself with Data Management
Data capture and risk analysis are crucial in this role. Be ready to talk about your experience with underwriting systems and any data quality initiatives you've been part of. Highlight how you ensure accuracy and compliance in your work.
