At a Glance
- Tasks: Conduct technical underwriting audits and ensure compliance with guidelines.
- Company: Join a respected global audit function with a collaborative culture.
- Benefits: Enjoy a hybrid working model and professional development opportunities.
- Other info: Opportunity to mentor and train new team members.
- Why this job: Make a real impact in the insurance industry while advancing your career.
- Qualifications: Experience in insurance, preferably in underwriting or audit.
The predicted salary is between 60000 - 80000 £ per year.
Are you an Underwriter looking for a slight change of direction? Outstanding opportunity to join this well regarded and respected global audit function. Working closely with the Global Head of Audit you will conduct technical underwriting audits of all classes of business throughout London and European offices.
Responsibilities
- Performance of technical underwriting audits to ensure that corporate and profit centre underwriting guidelines are followed.
- Pre-audit preparation, audit execution and audit report preparation for profit centre and senior management.
- Identify issues and report the same to the Group HOIA and corporate senior management.
- Make recommendations to rectify issues noted and devise an effective system to follow-up on the status of compliance.
- Develop working relationships with key internal and external stakeholders, i.e. legal, compliance, reinsurance, credit department etc.
- Assist in providing technical training and mentoring to newly joining or less experienced members of the team.
- Perform ad hoc projects as needed.
Qualifications
- A number of years of insurance experience, preferably from an underwriting background or audit.
- Good understanding of underwriting audit methodologies and standards.
- Good understanding of P&C Insurance, Reinsurance, Lloyd's Markets and Managing General Agency operations.
- Good understanding of Prudential Regulation Authority and the Financial Conduct Authority framework.
Preferred Qualifications
- Relevant professional qualification (CIIA, ACA, ACCA, CII).
Benefits
- Hybrid working model available.
Senior Underwriting Auditor employer: HFG
Join a prestigious global audit function that values your expertise and offers a supportive work culture. With a hybrid working model, you will enjoy flexibility while engaging in meaningful work that directly impacts the organisation's success. The company prioritises employee growth through technical training and mentoring opportunities, making it an excellent employer for those seeking to advance their careers in underwriting and audit.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Underwriting Auditor
✨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 HFG). 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 HFG. 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 Senior Underwriting Auditor
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 HFG.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at HFG. 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 HFG
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at HFG 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 HFG, 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 HFG'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.
