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For Companies At a Glance
- Tasks: Provide essential underwriting support and assist with financial institutions' risk management.
- Company: Leading Lloyd's Syndicate known for its dynamic and flexible work culture.
- Benefits: Hybrid working, competitive salary, and opportunities for professional growth.
- Why this job: Join a vibrant team and make a real impact in the insurance industry.
- Qualifications: Experience in London Market Underwriting Support and strong communication skills.
- Other info: Exciting role with excellent career advancement potential.
The predicted salary is between 36000 - 60000 £ per year.
Overview
New Vacancy - Senior Underwriting Support
Lloyd's Syndicate • Hybrid / Flexible • City of London
I am currently partnered with a leading Lloyd's Syndicate who are seeking an experienced Underwriting Support individual to join their team. This role will act as an Underwriting Assistant for the Financial Institutions team and will be required to help out with Underwriting Admin duties including but not limited to chasing brokers for premiums/renewals, maintaining documents, peer reviews and much more. My client is looking for someone with strong London Market Underwriting Support experience.
Key Responsibilities- Provide day-to-day underwriting support to FI Underwriters across a portfolio of Financial Institutions risks.
- Assist with the preparation, review, and processing of new business, renewals, endorsements, and mid-term adjustments.
- Support Underwriters with accurate data capture, risk analysis, and presentation of underwriting information to ensure informed decision-making.
- Ensure underwriting files are complete, compliant, and maintained to Lloyd's and internal standards.
- Draft, issue, and check policy documentation, endorsements, binders, and certificates for accuracy and timeliness.
- Liaise with brokers to resolve queries, obtain outstanding information, and ensure documentation reflects agreed terms.
- Monitor and chase outstanding subjectivities, premium payments, and signed lines.
- Accurately enter and maintain risk and policy data within underwriting systems.
- Produce underwriting and portfolio reports to support performance monitoring, renewals, and capacity management.
- Assist with data quality initiatives and support regulatory and internal audits as required.
- Act as a key point of contact for brokers, delivering a professional and responsive service.
- Build and maintain strong working relationships with brokers and internal stakeholders, supporting the FI team's market presence.
- Support Underwriters during renewal seasons and market meetings, including preparation of submission packs and analysis.
Senior Underwriting Support - Lloyd\'s Syndicate in London employer: HJF Promotional Products
Contact Detail:
HJF Promotional Products Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Underwriting Support - Lloyd\'s Syndicate in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the Lloyd's market and let them know you're on the lookout for opportunities. A friendly chat can sometimes lead to job openings that aren't even advertised.
✨Tip Number 2
Prepare for interviews by brushing up on your underwriting knowledge. Familiarise yourself with the latest trends in Financial Institutions risks and be ready to discuss how your experience aligns with the role. Confidence is key!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation and reiterate your interest in the position. It keeps you fresh in their minds.
✨Tip Number 4
Apply through our website for a smoother process! We make it easy for you to showcase your skills and experience directly to potential employers. Plus, it shows you're serious about landing that Senior Underwriting Support role!
We think you need these skills to ace Senior Underwriting Support - Lloyd\'s Syndicate in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Underwriting Support role. Highlight your experience in underwriting support, especially within the London Market. We want to see how your skills match what we're looking for!
Showcase Relevant Experience: In your cover letter, showcase your relevant experience with Financial Institutions and any specific underwriting admin duties you've handled. We love seeing concrete examples of how you've chased brokers or maintained documents.
Be Professional Yet Personable: While we appreciate professionalism, don’t be afraid to let your personality shine through! We’re looking for someone who can build strong relationships with brokers, so a friendly tone can go a long way.
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 our team!
How to prepare for a job interview at HJF Promotional Products
✨Know Your Underwriting Basics
Make sure you brush up on your underwriting knowledge, especially in the context of Financial Institutions. Understand key terms and processes, as well as the specific duties mentioned in the job description. This will help you speak confidently about how your experience aligns with the role.
✨Showcase Your Attention to Detail
Since the role involves maintaining compliance and accuracy in documentation, be prepared to discuss examples from your past where your attention to detail made a difference. Bring up specific instances where you caught errors or improved processes, as this will demonstrate your fit for the position.
✨Prepare Questions for Your Interviewers
Think of insightful questions to ask during the interview. This could include inquiries about the team dynamics, the types of risks they handle, or how they measure success in the role. Asking thoughtful questions shows your genuine interest in the position and helps you assess if it's the right fit for you.
✨Practice Your Communication Skills
As you'll be liaising with brokers and internal stakeholders, strong communication skills are essential. Practice articulating your thoughts clearly and concisely. You might even want to do a mock interview with a friend to get comfortable discussing your experience and answering common interview questions.
