Underwriting Support Assistant in London

Underwriting Support Assistant in London

London Full-Time 30000 - 40000 £ / year (est.) No home office possible
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JETS - Jockeys Education & Training Scheme

At a Glance

  • Tasks: Support underwriters with administrative tasks and client relationship management.
  • Company: Dynamic insurance firm focused on bloodstock and related classes.
  • Benefits: Competitive salary, training opportunities, and a collaborative work environment.
  • Why this job: Join a team that values your input and offers real career growth.
  • Qualifications: Knowledge of the bloodstock industry and strong organisational skills.
  • Other info: Flexible, team-oriented culture with opportunities for professional development.

The predicted salary is between 30000 - 40000 £ per year.

To provide underwriting and administrative support to the DAU underwriters. To carry out underwriting tasks within authority limits, account management and administrative functions to support DAU's bloodstock and related classes of business. To provide class leading service to all clients, brokers and coverholders.

Key responsibilities:

  • Ensuring that underwriting data is processed onto relevant systems in an accurate and timely manner in accordance with DAU operating procedures.
  • Responsibility for the production and issuance of accurate client documentation.
  • Assisting the Credit Risk Team with debt management and cash allocation.
  • Awareness and understanding of claims and claims issues.
  • To act at all times within binding authority terms.
  • To act in accordance with the DAU Compliance framework.
  • Responsibility for maintaining and developing client relationships, dealing with enquiries in an efficient and professional manner at all times, and providing class leading service to new and existing clients to enhance DAU's reputation.
  • To assist underwriters with the analysis of key accounts using a range of reports and MI to assist with rate analysis, income and profitability forecasting.
  • To seek out opportunities for training and development, both personal and for the wider team, to enhance knowledge of the bloodstock and related classes.
  • Keep up to date with market developments to assist with potential business development opportunities, and to develop technical insurance knowledge through study for professional qualifications.
  • To be alert to potential new business opportunities and to bring these to the attention of the senior underwriting team for follow up.

Key personal skills:

  • Flexible, team-orientated approach, working collaboratively with colleagues to deliver good outcomes for the business, proactively seeking to lead and deliver project work as necessary, seeking and supporting training and development needs across the team.
  • Ability to organise and prioritise own workload, planning ahead to ensure peaks in workload and absences are managed across the whole team.
  • Focus on delivery of timely, accurate and well-presented work.

Key technical skills, knowledge and professional qualifications:

  • Knowledge of bloodstock / thoroughbred industry, including a thorough understanding of trading, regulatory, licensing, wording and tax requirements within key territories of the portfolio.
  • Understanding of insurance, key processes and terminology sufficient to perform the tasks within the role level.
  • Proficiency with relevant systems and MS Office products.
  • Progress towards Chartered Insurance Institute qualification. Undertaking all mandatory compliance and other training as required.

Underwriting Support Assistant in London employer: JETS - Jockeys Education & Training Scheme

As an Underwriting Support Assistant at DAU, you will thrive in a dynamic and supportive work environment that prioritises employee growth and development. With a strong focus on teamwork and collaboration, we offer comprehensive training opportunities and encourage professional qualifications to enhance your expertise in the bloodstock industry. Our commitment to providing class-leading service ensures that you will play a vital role in maintaining client relationships while enjoying a culture that values flexibility and innovation.
JETS - Jockeys Education & Training Scheme

Contact Detail:

JETS - Jockeys Education & Training Scheme Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Underwriting Support Assistant in London

✨Tip Number 1

Network like a pro! Reach out to people in the underwriting and bloodstock industry on LinkedIn. Join relevant groups and engage in discussions to get your name out there and show your interest.

✨Tip Number 2

Prepare for interviews by researching the company and its values. Be ready to discuss how your skills align with their needs, especially around client service and administrative support.

✨Tip Number 3

Practice your responses to common interview questions. Focus on your ability to manage workloads and work collaboratively, as these are key skills for the Underwriting Support Assistant role.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take that extra step.

We think you need these skills to ace Underwriting Support Assistant in London

Underwriting Support
Administrative Support
Data Processing
Client Documentation Production
Debt Management
Cash Allocation
Claims Awareness
Compliance Framework Understanding
Client Relationship Management
Report Analysis
Rate Analysis
Income Forecasting
Professional Development
Market Development Awareness
Insurance Knowledge
MS Office Proficiency

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Underwriting Support Assistant role. Highlight any relevant experience in underwriting or administrative support, and don’t forget to mention your knowledge of the bloodstock industry!

Showcase Your Skills: In your cover letter, emphasise your organisational skills and ability to work collaboratively. We love team players who can manage their workload effectively, so give us examples of how you've done this in the past.

Be Professional: Remember, we’re looking for someone who can provide class-leading service. Use a professional tone in your application, but don’t be afraid to let your personality shine through. We want to see the real you!

Apply Through Our Website: For the best chance of success, make sure to apply through our website. It’s the easiest way for us to keep track of your application and ensures you’re considered for the role!

How to prepare for a job interview at JETS - Jockeys Education & Training Scheme

✨Know Your Underwriting Basics

Make sure you brush up on your understanding of underwriting processes and terminology. Familiarise yourself with the bloodstock industry, as well as any relevant regulations and compliance frameworks. This will show that you're not just interested in the role but also have a solid grasp of what it entails.

✨Demonstrate Your Team Spirit

Since this role requires a flexible, team-oriented approach, be ready to share examples of how you've successfully collaborated with others in the past. Highlight any project work where you took the lead or supported your colleagues, as this will showcase your ability to work well within a team.

✨Showcase Your Organisational Skills

Prepare to discuss how you manage your workload and prioritise tasks. Think of specific instances where you effectively planned ahead to handle busy periods or absences. This will demonstrate your ability to deliver timely and accurate work, which is crucial for the role.

✨Stay Updated on Market Trends

Research current developments in the bloodstock and insurance markets before your interview. Being able to discuss recent trends or potential business opportunities will impress the interviewers and show that you're proactive about your professional development.

Underwriting Support Assistant in London
JETS - Jockeys Education & Training Scheme
Location: London
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