Underwriting Assistant in Slough

Underwriting Assistant in Slough

Slough Entry level 30000 - 40000 £ / year (est.) Home office (partial)
London P&I

At a Glance

  • Tasks: Support the underwriting team with admin tasks, data entry, and client communication.
  • Company: Join a leading global marine insurer with a commitment to positive impact.
  • Benefits: Enjoy hybrid working, competitive salary, and opportunities for professional growth.
  • Other info: Great chance to develop skills in a supportive environment.
  • Why this job: Be part of a dynamic team that makes a real difference in the shipping industry.
  • Qualifications: No degree required; 2-3 years of commercial experience preferred.

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

London P&I is a leading, globally connected, mutual marine insurer our members and assureds can depend on. We help them navigate challenges through proactive partnership, deep expertise, and insightful support. When they need us, we act - decisively and practically, with a clear understanding of what's at stake. As a long-standing member of the International Group of P&I Clubs, we combine stability with an approach built for the realities of modern shipping.

For generations, we have brought together underwriting and claims, legal support and loss prevention, working from a place of knowledge and care to power our shared progress and provide support beyond every horizon. With teams in London, Hong Kong, Piraeus, Limassol, Seoul, and Shanghai, supported by a trusted global network of correspondents, lawyers and surveyors, we help you chart your course with confidence, security, and resilience. We're always looking for passionate, committed people looking to contribute to something that genuinely has a positive, real-world impact.

We are seeking an Underwriting Assistant to join our busy team based in London. This role offers a hybrid working arrangement.

OVERALL OBJECTIVES: The Underwriting Assistant is responsible for providing administrative support to the underwriting team. This includes tasks such as data entry, document preparation, and maintaining accurate records. They assist in the evaluation and analysis of insurance applications, ensuring that all necessary information is collected and properly documented.

Additionally, Underwriting Assistants play a key role in communication, both internally and externally. They liaise with clients, brokers, and other stakeholders, providing updates, answering queries, and ensuring that all parties are kept informed throughout the underwriting process. Attention to detail and strong organizational skills are essential for this role, as Underwriting Assistants must manage multiple tasks and deadlines simultaneously. They also need to be proactive, identifying potential issues and working collaboratively with the underwriting team to resolve them.

In summary, the Underwriting Assistant role is integral to the success of our underwriting operations. Their support allows our underwriters to focus on their core responsibilities, ultimately contributing to the overall efficiency and effectiveness of our department.

KEY DUTIES:

  • To assist in the provision of ship and renewal documentation for approval by the underwriter, as requested, before input into our operating systems.
  • To assist in the updating of our operating systems to ensure ship information data (name, flag, tonnage etc.) is correct.
  • To create and update spreadsheets for various data including chartered fleets and declarations for reinsurers.
  • To assist in the production of debit/credit notes entries and type the covering letters for dispatch of the same.
  • To assist in checking that any computer input from the previous day is correct.
  • To assist in the production of accounts for members/assureds, and to check balances.
  • To assist in the processing of laid return applications for shipping after lay-ups, as and when required.
  • To assist in the checking and encoding of entry forms for new ships and changes in the ownership, as and when received.
  • To assist in dealing with account queries from members/assureds and brokers.
  • To assist in the provision of Confirmations of Cover on behalf of the underwriter as and when required.
  • To assist when required in the preparation for the underwriters and to issue Certificates of Entry/Cover Notes annually following renewal and each time a new vessel is entered or there is a change of ownership.
  • To assist in the production of documentation for oil pollution required to allow Members/assureds and brokers to apply for CLC, USCG and ITOPF certification at the request of an underwriter as and when required.
  • To assist, when required, in the preparation of Letters of Undertaking to mortgagee banks on notification and provide annual confirmation of renewal.
  • To assist in other clerical tasks as and when requested by underwriters.

PERSON SPECIFICATION

  • Personal Skills
  • Judgment - To understand limits of knowledge and to seek appropriate guidance.
  • Problem Solving - To learn to analyse issues carefully and thoroughly under guidance.
  • Team Working - To follow directions on case handling from mentor/line manager.
  • Organised - To demonstrate attention to detail and a methodical approach in dealing with day to day work issues.
  • Education - Degree not required.
  • Experience - 2/3 years commercial experience preferred.
  • Technical IT skills – Microsoft experience ideally. Alternatively, willingness and ability to learn quickly should be demonstrated.
  • The ability to learn and develop skills.
  • The ability to work under own initiative.

Underwriting Assistant in Slough employer: London P&I

London P&I is an exceptional employer, offering a dynamic work environment in the heart of London where employees can thrive in a hybrid working arrangement. With a strong focus on professional development and a culture of collaboration, we empower our Underwriting Assistants to make meaningful contributions while enjoying the benefits of a supportive team that values proactive engagement and innovative problem-solving.

London P&I

Contact Details:

London P&I Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Underwriting Assistant in Slough

Dive into Insurance Networking Events

Get your foot in the door by attending local insurance networking events or job fairs. These gatherings are perfect for us to meet potential employers in a casual setting, and you might just find a great connection to help land that entry-level role!

Join Online Insurance Communities

Hop onto platforms like LinkedIn or specialised forums centred on insurance. Engage with discussions, ask questions, and showcase your eagerness to break into the industry. This visibility can make you stand out to hiring managers scouring these spaces for fresh talent.

Leverage University Resources

If you're fresh out of uni, make sure to utilise your university’s career services. They can connect us with companies looking for entry-level candidates, often before jobs are even advertised. Keep an eye on internship opportunities, as they can lead to full-time positions down the line!

Apply Directly Through Us!

Don't forget to check our website for any entry-level openings at London P&I! Applying directly can give you a better chance to showcase your enthusiasm and passion for the insurance field, plus, it shows you’re keen to take the initiative.

We think you need these skills to ace Underwriting Assistant in Slough

Data Entry
Document Preparation
Record Maintenance
Insurance Application Evaluation
Communication Skills
Organisational Skills
Attention to Detail

Some tips for your application 🫡

Show Your Customer Service Skills:In the insurance industry, customer service is key! Highlight any experience you have in dealing with clients or customers, whether it's through a part-time job or volunteer work. Remember, we love seeing your potential to communicate effectively and empathise with clients in your application!

Tailor Your CV to Insurance Basics:When crafting your CV, don't forget to include any relevant courses or certifications you've taken in insurance or finance. If you've studied topics related to risk assessment or policy management, mention those! It shows us you're serious about getting into the insurance game.

Craft a Compelling Cover Letter:For entry-level roles, your cover letter is your chance to shine! Share why you're passionate about insurance and how you’re eager to learn and grow in this field. We want to see that you're genuinely excited about building your career with London P&I!

Highlight Your Analytical Mindset:Insurance is all about assessing risks and understanding numbers. Make sure to mention any coursework or experience you have with data analysis or critical thinking. Even if it’s from school projects or personal interests, we want to see that you can think analytically!

How to prepare for a job interview at London P&I

Know Your Basics: The Insurance Fundamentals

Understand the core concepts of insurance, such as risk assessment, underwriting, and claims processes. This knowledge will help us demonstrate our familiarity with the industry and prepare us for any technical questions that might pop up during the interview.

Prepare for Behavioural Questions

Insurance companies love behavioural interviews! We should think about times we've shown teamwork, problem-solving, and customer service skills. Reflecting on specific experiences will help us come across as reliable candidates who can handle the challenges of the role.

Show Enthusiasm for Learning

As this is an entry-level position, it's crucial to express our eagerness to learn and grow within the company. Employers like London P&I want to see that we're enthusiastic about diving into the insurance world and building our knowledge base over time.

Research Industry Trends

Staying updated on the latest trends in the insurance sector, like digital transformation and regulatory changes, can set us apart. Mentioning these trends during the interview shows that we’re engaged and have a forward-thinking mindset, aligning well with the company’s goals.