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 new team members and work on ad hoc projects.
- Why this job: Make a real impact in the insurance industry while developing your skills.
- Qualifications: Experience in insurance or auditing, with knowledge of underwriting methodologies.
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 (UK) Limited
Join a prestigious global audit function that values your expertise and offers a supportive work culture. With a focus on employee growth, you will have the opportunity to develop your skills through technical training and mentoring while enjoying a hybrid working model that promotes work-life balance. Located in London, this role provides a unique chance to engage with key stakeholders across Europe, making a meaningful impact in the insurance industry.
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 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 expertise! Create a portfolio or a presentation that highlights your past audit experiences and successes. We believe this can really set you apart from other candidates, especially when discussing your recommendations and compliance strategies.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we often have exclusive opportunities listed there that you won’t find anywhere else. Let’s get you that Senior Underwriting Auditor role!
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 is tailored to the Senior Underwriting Auditor role. Highlight your relevant experience in underwriting and auditing, and don’t forget to mention any specific methodologies or standards you’re familiar with.
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 P&C Insurance and how your background aligns with the responsibilities outlined in the job description.
Showcase Your Skills:Don’t just list your skills; demonstrate them! Use examples from your past experiences to show how you’ve successfully conducted audits or developed relationships with stakeholders. This will help us see your potential impact on our team.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates!
How to prepare for a job interview at High Finance (UK) Limited
✨Know Your Underwriting Inside Out
Make sure you brush up on your technical underwriting knowledge. Understand the methodologies and standards that are relevant to the role, as well as the specific guidelines of the company. This will help you answer questions confidently and demonstrate your expertise.
✨Prepare for Scenario-Based Questions
Expect to be asked about past experiences where you've identified issues or made recommendations. Prepare specific examples that showcase your problem-solving skills and how you've successfully navigated challenges in previous roles.
✨Build Relationships in the Room
Since the role involves working closely with various stakeholders, show your interpersonal skills during the interview. Be friendly and engaging, and express your enthusiasm for collaborating with teams like legal, compliance, and reinsurance.
✨Showcase Your Training Skills
Highlight any experience you have in mentoring or training others. The company values technical training for less experienced team members, so share examples of how you've contributed to team development in the past.
