At a Glance
- Tasks: Conduct technical underwriting audits and ensure compliance with guidelines.
- Company: Join a respected global audit function with a strong reputation.
- Benefits: Enjoy a hybrid working model and opportunities for professional growth.
- Other info: Collaborate with key stakeholders and work on diverse projects.
- 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 Slough employer: High Finance (UK) Limited
Join a prestigious global audit function that values your expertise and offers a collaborative work environment in the heart of London. With a strong focus on employee development, you will have access to technical training and mentoring opportunities, ensuring your growth within the company. Enjoy a hybrid working model that promotes work-life balance while being part of a team that is committed to excellence and compliance in the insurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Underwriting Auditor in Slough
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and auditing sectors. Attend industry events or webinars to meet potential employers and get your name out there. Remember, it’s all about who you know!
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Be ready to discuss underwriting methodologies and audit standards. We want you to showcase your expertise and how it aligns with the role of a Senior Underwriting Auditor.
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the position and keeps you fresh in their minds. Plus, it’s a great chance to reiterate why you’re the perfect fit!
✨Tip Number 4
Apply through our website for the best chance at landing that dream job! We’ve got loads of resources to help you prepare and stand out. Let’s make sure your application shines!
We think you need these skills to ace Senior Underwriting Auditor in Slough
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! In your application, highlight your ability to work with various stakeholders and your experience in mentoring others. 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 (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 with Stakeholders
Since the role involves working closely with various departments, think about how you can demonstrate your ability to develop strong working relationships. Be ready to discuss how you've collaborated with legal, compliance, or reinsurance teams in the past.
✨Showcase Your Training Skills
As mentoring is part of the job, be prepared to talk about any experience you have in training or guiding less experienced colleagues. Highlight your approach to mentoring and how it has positively impacted your team or organisation.
