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- Tasks: Provide essential underwriting support for Financial Institutions, ensuring compliance and accuracy.
- Company: Leading Lloyd's Syndicate with a hybrid and flexible work culture.
- Benefits: Competitive salary, flexible working hours, and opportunities for professional growth.
- Why this job: Join a dynamic team and make a real impact in the financial sector.
- Qualifications: Experience in London Market Underwriting Support and strong communication skills.
- Other info: Great opportunity to build relationships and enhance your career in a supportive environment.
The predicted salary is between 48000 - 72000 £ 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 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 London
✨Tip Number 1
Network like a pro! Reach out to your connections in the Lloyd's market and let them know you're on the hunt for a Senior Underwriting Support role. You never know who might have the inside scoop on openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your underwriting knowledge and the specific needs of Financial Institutions. Be ready to discuss how your experience aligns with the key responsibilities listed in the job description, especially around data capture and compliance.
✨Tip Number 3
Showcase your organisational skills! During interviews, highlight examples of how you've maintained accurate underwriting files and managed relationships with brokers. This will demonstrate your ability to handle the day-to-day support tasks effectively.
✨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 Senior Underwriting Support - Lloyd\'s Syndicate in 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!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our Financial Institutions team. Share specific examples of your past experiences that relate to the key responsibilities mentioned in the job description.
Showcase Your Attention to Detail: In underwriting, attention to detail is crucial. Make sure your application is free from typos and errors. We appreciate candidates who take the time to ensure their documents are polished and professional.
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 us you’re keen on joining our team!
How to prepare for a job interview at HFG
✨Know Your Underwriting Stuff
Make sure you brush up on your knowledge of the London Market and underwriting processes. Familiarise yourself with key terms and concepts related to Financial Institutions risks, as this will show your potential employer that you're serious about the role.
✨Showcase Your Admin Skills
Since the role involves a lot of administrative duties, be prepared to discuss your experience with underwriting admin tasks. Bring examples of how you've successfully managed documentation, chased brokers for premiums, or maintained compliance in previous roles.
✨Build Rapport with Brokers
Demonstrate your ability to build strong relationships with brokers during the interview. Share specific instances where you've effectively liaised with brokers to resolve queries or obtain information, as this is crucial for the role.
✨Prepare for Data Discussions
As data accuracy is key in underwriting, be ready to talk about your experience with data capture and analysis. Highlight any tools or systems you've used to maintain risk and policy data, and how you've contributed to data quality initiatives in past positions.
