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 opportunities for professional growth.
- Other info: Dynamic role with opportunities to work across London and European offices.
- Why this job: Make a real impact by improving underwriting processes and mentoring new team members.
- Qualifications: Experience in insurance, preferably in underwriting or audit, with relevant qualifications.
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 will include:
- 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.
Ideally you will have:
- 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.
Ideally you will hold:
- Relevant professional qualification (CIIA, ACA, ACCA, CII).
Hybrid working model available.
Senior Underwriting Auditor in City of London employer: High Finance Limited
Join a prestigious global audit function that values your expertise and offers a dynamic work environment in London. With a strong emphasis on professional development, you will have the opportunity to enhance your skills through technical training and mentoring while collaborating with key stakeholders across the organisation. Enjoy a hybrid working model that promotes work-life balance, making this an excellent place for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Underwriting Auditor in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and auditing sectors. We all know that sometimes it’s not just what you know, but who you know. Attend industry events or webinars to meet potential employers and get your name out there.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Since you’ll be conducting audits, make sure you can discuss underwriting methodologies and standards confidently. We recommend practising common interview questions with a friend or even in front of the mirror!
✨Tip Number 3
Showcase your soft skills! As a Senior Underwriting Auditor, building relationships is key. Be ready to talk about how you've collaborated with stakeholders in the past. We want to see your ability to communicate effectively and mentor others.
✨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 and engaged with our platform. Let’s get you that dream job!
We think you need these skills to ace Senior Underwriting Auditor in City of London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience that match the Senior Underwriting Auditor role. Highlight your underwriting and audit experience, and don’t forget to mention any relevant qualifications like CIIA or ACA.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Mention your understanding of underwriting audit methodologies and how you can contribute to our global audit function.
Showcase Your Soft Skills:We love candidates who can build relationships! Make sure to highlight your ability to work with internal and external stakeholders, as well as your mentoring skills. This will show us you’re not just about the numbers.
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at High Finance Limited
✨Know Your Underwriting Audits
Make sure you brush up on your knowledge of technical underwriting audits. Be prepared to discuss specific methodologies and standards you've used in the past, as well as any challenges you've faced and how you overcame them.
✨Showcase Your Stakeholder Skills
Since building relationships with key stakeholders is crucial, think of examples where you've successfully collaborated with legal, compliance, or reinsurance teams. Highlight your communication skills and how they helped in achieving audit objectives.
✨Prepare for Compliance Questions
Familiarise yourself with the Prudential Regulation Authority and Financial Conduct Authority frameworks. Be ready to discuss how these regulations impact underwriting audits and share any experiences where you've ensured compliance in your previous roles.
✨Demonstrate Your Mentoring Experience
If you've had the chance to mentor less experienced team members, be sure to mention it! Discuss how you approached training and the positive outcomes that resulted from your guidance. This shows your leadership potential and commitment to team development.
