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 hybrid working, competitive salary, and professional development opportunities.
- Other info: Opportunity to mentor and train new team members in a dynamic environment.
- Why this job: Make a real impact in the insurance industry while advancing your career.
- Qualifications: Experience in insurance or auditing, with relevant professional qualifications preferred.
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, Lloyds 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 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 employee development, you will have access to technical training and mentoring opportunities, fostering your growth within the insurance sector. Enjoy a hybrid working model that promotes work-life balance while collaborating with key stakeholders across Europe, making this an exceptional place for meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Underwriting Auditor
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and audit 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 those interviews! Research the company and its audit practices thoroughly. We want you to be able to discuss how your experience aligns with their needs, especially in technical underwriting audits. Practice common interview questions and have your own ready to show your interest.
✨Tip Number 3
Showcase your skills! Create a portfolio or a presentation that highlights your past audit experiences and successes. We believe that demonstrating your ability to identify issues and make recommendations can really set you apart from other candidates.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you. By applying directly, you’ll ensure your application gets the attention it deserves, and we can’t wait to see what you bring to the table!
We think you need these skills to ace Senior Underwriting Auditor
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 specific experiences that relate to the responsibilities listed in the job description, and show us your enthusiasm for the position.
Showcase Your Technical Skills:Since this role involves technical auditing, be sure to highlight your understanding of underwriting methodologies and standards. If you have experience with compliance frameworks, make that clear too!
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 don’t miss out on any important updates from us during the process.
How to prepare for a job interview at High Finance Limited
✨Know Your Underwriting Inside Out
Make sure you brush up on your technical underwriting knowledge. Familiarise yourself with the latest methodologies and standards in underwriting audits, as well as the specific guidelines of the company you're interviewing with. This will show that you're not just experienced but also genuinely interested in their processes.
✨Prepare for Scenario-Based Questions
Expect to be asked about past experiences where you've identified issues during audits or made recommendations for improvements. Prepare specific examples that highlight your problem-solving skills and how you’ve successfully navigated challenges in previous roles.
✨Build Relationships in Your Answers
Since developing working relationships with stakeholders is key, think about how you can demonstrate your interpersonal skills. Share examples of how you've collaborated with legal, compliance, or reinsurance teams in the past, and how those experiences have shaped your approach to auditing.
✨Showcase Your Mentoring Skills
As part of the role involves training and mentoring less experienced team members, be ready to discuss any mentoring or training experiences you've had. Highlight your ability to communicate complex concepts clearly and how you’ve helped others grow in their roles.
