Underwriting Technician in London

Underwriting Technician in London

London Full-Time 27000 - 33000 £ / year (est.) Home office (partial)
Jobiqo

At a Glance

  • Tasks: Support underwriting teams by processing policy information and managing queries.
  • Company: Leading global specialty insurer with a focus on innovation.
  • Benefits: Flexible hybrid working, career development opportunities, and a collaborative environment.
  • Other info: Great opportunity for growth into senior technical or operations roles.
  • Why this job: Broaden your insurance knowledge while making a real impact in a dynamic team.
  • Qualifications: Previous insurance experience and strong attention to detail required.

The predicted salary is between 27000 - 33000 £ per year.

Avencia are partnered with a leading global specialty insurer looking for two Underwriting Support Technicians to join its centralised London Market operations function. Sitting within the Risk team, you'll provide post-bind support across a broad range of specialty classes, including Energy, Marine, Cyber and Professional & Financial Risks. You'll work closely with underwriting teams to ensure policy information is processed accurately and efficiently, while developing broader technical knowledge across the business.

This could be a great move for someone in their second insurance role who wants to broaden their exposure across multiple classes without becoming pigeonholed. The team offers opportunities to build technical knowledge and potentially develop into senior technical, data-quality, process-improvement or wider insurance operations positions. The business offers flexible hybrid working, with a minimum of two days per week in its London office.

Key responsibilities

  • Processing post-bind policy information onto internal systems
  • Handling risk declarations, endorsements and policy updates
  • Reviewing information for accuracy and resolving any discrepancies
  • Managing queries and building relationships with underwriting teams
  • Working towards weekly service and processing targets
  • Developing knowledge across different specialty classes

Skills & experience

  • Essential
  • Previous experience within the insurance industry
  • Strong attention to detail and a high level of accuracy
  • Good organisational and prioritisation skills
  • Confidence managing a high-volume workload and working to deadlines
  • Strong communication and relationship-building skills
  • An interest in developing technical insurance knowledge
  • Desirable
  • London Market experience would be beneficial but is not essential
  • Exposure to Energy insurance would be particularly advantageous, although experience from any class will be considered

Underwriting Technician in London employer: Jobiqo

Bromley Council is an exceptional employer, dedicated to fostering a supportive and inclusive work environment where employees can thrive. With a strong commitment to professional development, flexible working arrangements, and a generous benefits package, including a local government pension scheme and unique discounts, the Council prioritises employee well-being and career growth. Located in the vibrant Bromley Civic Centre, you will be part of a team that plays a crucial role in shaping the future of the borough while enjoying the balance of urban and suburban life.

Jobiqo

Contact Details:

Jobiqo Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Underwriting Technician in London

Dive Into Industry Networking Events

Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

Use LinkedIn to Your Advantage

Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Jobiqo). A thoughtful message explaining your interest can really make a difference!

Look Out for Graduate Schemes

Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.

Leverage Your Current Connections

Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Jobiqo. Don’t shy away from asking for a coffee chat; you never know what doors it might open!

We think you need these skills to ace Underwriting Technician in London

Post-bind Policy Processing
Risk Declarations Handling
Endorsements Management
Policy Updates
Attention to Detail
Accuracy in Information Review
Organisational Skills

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 Jobiqo.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Jobiqo. 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 Jobiqo

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Jobiqo to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

Prepare for Behavioural Questions

As a full-timer at Jobiqo, 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 Jobiqo'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.