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For Companies At a Glance
- Tasks: Assist Underwriters by processing submissions and managing internal documentation.
- Company: Join a leading Lloyd's Syndicate in the heart of London.
- Benefits: Gain valuable experience in the insurance industry with potential for remote work.
- Why this job: Perfect for those looking to kickstart their career in a dynamic environment.
- Qualifications: A basic understanding of the insurance sector is essential; immediate availability preferred.
- Other info: This is a 3-month fixed-term contract with opportunities for networking.
The predicted salary is between 30000 - 42000 £ per year.
I am currently recruiting for a leading Syndicate who are seeking an Underwriting Assistant to join their team on a 3 Month contract basis. This position will involve processing new and existing business coming through from Underwriters using internal systems and more general Underwriting admin duties. My client is looking for someone with a good understanding of the insurance industry who is immediately available.
Key Responsibilities
- New and renewal submission emails received from Underwriters.
- Emails will be received and then the email and its attachments will be added to an internal filing system and indexed.
- The email will then be forwarded to our technical team using a template response. Only internal emails will be expected.
- New or Renewal policy to be created in Workview and submission documents to be filed/indexed in filing system.
- Regular communication with underwriting team to ensure all information gathered is correct.
- CAT (Catastrophic) modelling requests to be sent to CAT team via email when required.
- Ad-hoc additional tasks may be required.
Underwriting Assistant (3M FTC) employer: HFG
Contact Detail:
HFG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriting Assistant (3M FTC)
✨Tip Number 1
Familiarise yourself with the insurance industry, especially the underwriting process. Understanding key terms and concepts will help you communicate effectively with the underwriting team and demonstrate your knowledge during any discussions.
✨Tip Number 2
Brush up on your organisational skills, as this role involves managing multiple submissions and documents. Consider creating a mock filing system to practice how you would index and manage emails and attachments efficiently.
✨Tip Number 3
Network with professionals in the insurance sector, particularly those who work in underwriting. Engaging with them can provide insights into the role and may even lead to referrals or recommendations for your application.
✨Tip Number 4
Prepare for potential technical questions related to internal systems like Workview. Familiarising yourself with similar software or tools can give you an edge and show your readiness to adapt quickly in the role.
We think you need these skills to ace Underwriting Assistant (3M FTC)
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of an Underwriting Assistant. Familiarise yourself with the insurance industry and the specific tasks mentioned in the job description.
Tailor Your CV: Highlight relevant experience in your CV that aligns with the key responsibilities of the role. Emphasise any previous work in underwriting or administrative roles within the insurance sector.
Craft a Strong Cover Letter: Write a cover letter that showcases your understanding of the insurance industry and your enthusiasm for the position. Mention your immediate availability and how your skills can benefit the underwriting team.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in underwriting.
How to prepare for a job interview at HFG
✨Know Your Insurance Basics
Make sure you brush up on your understanding of the insurance industry. Familiarise yourself with key terms and concepts, especially those related to underwriting processes, as this will show your potential employer that you're serious about the role.
✨Demonstrate Organisational Skills
Since the role involves processing emails and managing documents, be prepared to discuss how you stay organised. Share examples from your past experiences where you successfully managed multiple tasks or projects simultaneously.
✨Prepare for Technical Questions
Expect questions about the internal systems you'll be using, like Workview. If you have experience with similar software, be ready to talk about it. If not, express your willingness to learn quickly and adapt to new technologies.
✨Show Your Team Spirit
This position requires regular communication with the underwriting team. Be prepared to discuss how you work collaboratively in a team setting and provide examples of how you've effectively communicated in previous roles.
