At a Glance
- Tasks: Assist in monitoring underwriting processes and ensure data accuracy.
- Company: SiriusPoint is a global insurer focused on providing security in uncertain times.
- Benefits: Enjoy a collaborative culture, career growth opportunities, and a supportive team environment.
- Other info: This apprenticeship offers hands-on experience in the insurance industry.
- Why this job: Join a purpose-driven team that values integrity, diversity, and innovative solutions.
- Qualifications: A-Level education with strong analytical and communication skills required.
Overview
You will be our Underwriting Oversight Assistant. You will assist in the day to day monitoring of the Underwriting system processing by Underwriting Assistants in all Underwriting teams. This role reports to the Head of Underwriting Oversight Management.
Your responsibilities
- Assisting the Head of Underwriting Oversight Management in all aspects of their role
- Assist in the Overseeing of the Underwriting system processing by all Underwriting teams, to ensure all data requirements are processed accurately and in a timely manner
- Assist in Measuring, monitoring and reporting on Risk entry for all classes of business bound in SiriusPoint International, Company and Syndicate Platforms. Assist in ensuring compliance with the Underwriting Oversight Framework, including the Underwriting Controls using the DQ Pro Software
- Assist in preparing data for relevant returns for Regulators
- Assist Pre Bind Contract review using Lloyd’s Contract Certainty Tool
- To perform all duties in line with the FCA Individual Conduct Rules as documented in the Employee Handbook
- Any other duties as reasonably required
United behind common goals
At SiriusPoint we work as one team across our global business, and we unite that team behind common goals, understanding the positive impact we can all make at SiriusPoint. We aim to retain and attract great people, knowing they can achieve a rewarding and enriching career.
Our Purpose is to provide security and resilience in an uncertain world.
Our Vision is to be recognized as a best-in-class insurer and reinsurer utilizing deep risk capabilities to protect our customers. Blending our talent, expertise and data to provide intelligent risk solutions.
Our culture is one of performance and accountability. Our people are our experts and you will be empowered to apply your expertise in a supportive, collaborative and purposeful environment.
Our Values are at the heart of our business, and which guide every day actions and decision making.
- Integrity: Integrity, respect and trust are our core principles
- Customer Focused: Our customers are the reason we exist
- Solution Driven: Creating solutions is our mindset
- Diversity: Diversity, inclusion and allyship make us stronger
Your skills and abilities
- Educated to A-Level standard
- Effective analytical skills to evaluate information
- Strong interpersonal and communication skills, both written and verbal
- Ability to develop and maintain effective working relationships and team working skills
- Good organisational skills, methodical and with the ability to focus on detail
- Strong attention to detail and organizational skills
Political Risk Underwriting Apprenticeship Programme in London employer: London Insurance Life
SiriusPoint is an exceptional employer that fosters a collaborative and supportive work culture, empowering employees to excel in their roles while contributing to meaningful outcomes in the insurance and reinsurance sectors. With a strong commitment to integrity, diversity, and customer focus, employees benefit from continuous growth opportunities and a clear pathway to develop their expertise in a dynamic environment. Located in a vibrant area, SiriusPoint offers a unique chance to be part of a team dedicated to providing security and resilience in an uncertain world.
StudySmarter Expert Advice🤫
We think this is how you could land Political Risk Underwriting Apprenticeship Programme in London
✨Get Involved with Campus Recruitment Events
Apprenticeships in banking and financial services often come through campus recruitment days. Keep an eye out for events hosted by your university or local banks, as these can be golden opportunities for us to meet recruiters face-to-face and make a great first impression.
✨Engage with Professional Bodies
Join organisations like the Institute of Chartered Accountants or the Chartered Institute of Banking. These memberships can provide valuable resources and networking opportunities, plus, they often have dedicated sections for apprenticeships and early-career roles that can point us in the right direction.
✨Follow the Right Companies on Social Media
Banks and financial services firms love to share their stories on social media! Follow companies like London Insurance Life to keep up with their latest apprenticeship opportunities and insider news. Engaging with their posts could give us an edge when it comes to the application.
✨Utilise Your University’s Career Service
Your university's career service is a treasure trove of information for apprenticeships in banking. They often have connections to employers like London Insurance Life, so don't hesitate to tap into their resources and advice!
We think you need these skills to ace Political Risk Underwriting Apprenticeship Programme in London
Some tips for your application 🫡
Show Off Your Maths Skills:In the banking and financial services sector, being good with numbers is a must! Make sure to highlight any relevant maths qualifications or experience in your application, as well as any projects or coursework that demonstrate your analytical skills.
Emphasise Your Willingness to Learn:As this is an apprenticeship, companies like London Insurance Life want to see your enthusiasm for the industry and your eagerness to learn. In your cover letter, chat about why you’re interested in banking and any specific areas you’re excited to explore. Show them that you’re ready to soak up knowledge like a sponge!
Highlight Relevant Experience (Even If It's Limited):Whether it's a part-time job, volunteer experience, or even a school project, mention any relevant experience related to banking or finance. This could include customer service roles or any projects where you handled budgeting. We’re all about showing how you can apply your skills, even if they’re from unconventional backgrounds.
Tailor Your CV for Impact:Make sure your CV isn’t just a list of duties. Tailor it to reflect skills that appeal to financial services, like attention to detail and communication skills. Don’t forget to keep it clear and concise, showing how you’re a perfect fit for the apprenticeship at London Insurance Life!
How to prepare for a job interview at London Insurance Life
✨Brush Up on Financial Principles
Since you're diving into the banking and financial sector with an apprenticeship, it’s crucial to familiarise yourself with key concepts like interest rates, investment strategies, and basic financial accounting. Make sure you can share your understanding of these principles during the interview, as they'll likely pop up in practical scenarios.
✨Be Ready for Scenario-Based Questions
In the world of banking, interviewers love to throw real-world scenarios at you. Prepare for questions that ask how you'd handle customer inquiries or solve financial challenges. Practising these types of situational responses can really showcase your problem-solving skills and customer service abilities, both of which are essential in this field.
✨Show Your Eagerness to Learn
As an apprenticeship candidate, what's going to set you apart is your motivation to learn and grow in the role. Be sure to express your excitement about entering the banking world and highlight any steps you've already taken to educate yourself, whether through courses, workshops, or relevant hobbies.
✨Prepare Your Questions About Company Culture
When interviewing with London Insurance Life, don’t shy away from asking about their company culture and training programmes for apprentices. This shows that you're not only focused on the role but also interested in how you'll fit within the team, which is a major factor for your future success in the apprenticeship.