At a Glance
- Tasks: Support day-to-day operations and ensure accurate data entry in a leading Lloyd's syndicate.
- Company: Join a top Lloyd's syndicate with a focus on collaboration and innovation.
- Benefits: Gain valuable exposure to the Lloyd's market and opportunities for professional growth.
- Other info: Inclusive recruitment process with a hybrid working environment.
- Why this job: Develop expertise in syndicate operations while building relationships across the business.
- Qualifications: Attention to detail, strong organisational skills, and familiarity with London Market systems.
The predicted salary is between 29700 - 36300 £ per year.
Join the Operations team of a leading Lloyd's syndicate, supporting day-to-day syndicate operations. Take ownership of risk entry, data quality control, and message processing with direct interaction with underwriting teams. This role offers valuable exposure to Lloyd's market processes and a genuine opportunity to develop deep expertise in syndicate operations whilst building relationships across the business.
Key Responsibilities
- Perform accurate and timely risk and aggregate data entry into core systems
- Conduct quality control checks on risk data, ensuring completeness, accuracy, and compliance with internal standards
- Process and validate USM (Underwriting Signing Messages) and SCM (Signing & Claims Messages) in line with SLAs
- Investigate and resolve message failures, exceptions, and queries
- Provide operational support to Underwriting teams, ensuring efficient processing of transactions
- Be a key contact for Underwriters, ensuring timely and accurate processing of risks
- Identify opportunities to improve process efficiencies and accuracy
- Contribute to continuous improvement culture through process insights and recommendations
Requirements
- Strong knowledge of Lloyd's market processes and syndicate operations
- Exceptional attention to detail with high degree of accuracy
- Excellent organizational and time management skills
- Ability to work to tight deadlines, both individually and as part of a team
- Strong written and verbal communication skills
- Advanced IT skills including Excel, Word, and Outlook
- Familiarity with London Market systems (e.g. PPL, Whitespace)
- Ability to develop and maintain stakeholder relationships across departments
Desirable
- CertCII qualification (or active progress towards), knowledge of delegated authority and open market business, prior syndicate operations experience.
What's On Offer
Valuable exposure to Lloyd's market operations in a collaborative, dynamic environment. Work closely with underwriting teams while developing deep expertise in syndicate processes. Opportunity to contribute to continuous improvement initiatives and build a strong foundation in London Market operations with genuine scope for professional development.
Our client is committed to diversity in all of its forms and operates an inclusive recruitment process and has a hybrid office working environment. To apply, please submit your CV and cover letter.
Operations Assistant (Underwriting) in London employer: Insight Recruitment Solutions Limited
Join a prestigious Lloyd's syndicate that values its employees and fosters a collaborative work culture. With a strong commitment to diversity and inclusion, this role offers excellent opportunities for professional growth and development in the dynamic London Insurance Market. Enjoy competitive benefits and the chance to lead transformative projects within a supportive team environment.
Contact Details:
Insight Recruitment Solutions Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Operations Assistant (Underwriting) in London
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We think you need these skills to ace Operations Assistant (Underwriting) in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Insight Recruitment Solutions Limited.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Insight Recruitment Solutions Limited. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Insight Recruitment Solutions Limited
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Insight Recruitment Solutions Limited to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
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As a full-timer at Insight Recruitment Solutions Limited, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Insight Recruitment Solutions Limited's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
