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- Tasks: Support underwriters with administrative tasks and client documentation in the bloodstock industry.
- Company: Dynamic insurance firm focused on bloodstock and related classes of business.
- Benefits: Gain valuable experience, training opportunities, and a collaborative work environment.
- Why this job: Join a team that values your input and helps you grow in the insurance field.
- Qualifications: Interest in the bloodstock industry and basic understanding of insurance processes.
- Other info: Flexible, team-oriented role 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 employer: 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
✨Tip Number 1
Network like a pro! Reach out to people in the underwriting and bloodstock industry. Attend events, join online forums, and connect with professionals on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of the bloodstock industry and insurance processes. Be ready to discuss how your skills align with the role of Underwriting Support Assistant. Practice common interview questions and have examples ready to showcase your experience.
✨Tip Number 3
Showcase your organisational skills! During interviews, highlight how you manage your workload and prioritise tasks. Share specific examples of how you've successfully handled busy periods or tight deadlines in the past.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can go a long way in leaving a positive impression. Also, keep an eye on our website for any new opportunities that pop up – we’re always looking for talented individuals like you!
We think you need these skills to ace Underwriting Support Assistant
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 showcase your knowledge of the bloodstock industry!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about the role and how your skills align with our needs. Be sure to mention your understanding of insurance processes and your commitment to providing class-leading service.
Showcase Your Team Spirit: We love a team player! In your application, emphasise your flexible, collaborative approach. Share examples of how you've worked with others to achieve great outcomes, especially in busy environments.
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 shows you’re keen on joining the StudySmarter family!
How to prepare for a job interview at JETS - Jockeys Education & Training Scheme
✨Know Your Underwriting Basics
Make sure you brush up on your knowledge of the bloodstock and thoroughbred industry. Understand key processes, terminology, and regulatory requirements. This will not only help you answer questions confidently but also show your genuine interest in the role.
✨Showcase Your Organisational Skills
Be prepared to discuss how you manage your workload and prioritise tasks. Think of examples where you've successfully handled multiple responsibilities, especially in a team setting. This will demonstrate your ability to deliver timely and accurate work, which is crucial for this position.
✨Demonstrate Client Relationship Management
Think of instances where you've provided excellent service to clients or resolved issues efficiently. Be ready to share these experiences during the interview, as maintaining and developing client relationships is a key part of the job.
✨Ask Insightful Questions
Prepare some thoughtful questions about the company’s approach to underwriting and any recent developments in the bloodstock market. This shows that you're proactive and genuinely interested in contributing to the team and the business's success.