At a Glance
- Tasks: Support underwriting teams by processing policies, premiums, and renewals with precision.
- Company: Dynamic insurance firm in London with a focus on energy and construction.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Collaborative environment with excellent career advancement potential.
- Why this job: Join a fast-paced team and make a real impact in the insurance industry.
- Qualifications: Experience in underwriting or insurance operations and strong attention to detail.
The predicted salary is between 31500 - 38500 £ per year.
We are seeking an experienced Underwriting Assistant to join our Operations team in London, supporting a busy Energy and Construction portfolio. This position plays a key role in delivering high-quality operational and administrative support to underwriting teams, ensuring the accurate processing of policies, premiums, endorsements, renewals and related transactions. The successful candidate will work closely with underwriters, brokers and internal stakeholders, helping to maintain exceptional service standards while supporting business growth objectives. This opportunity is ideal for a driven insurance professional who enjoys working in a fast-paced environment, has excellent attention to detail, and is passionate about delivering operational excellence.
The Underwriting Support team sits within the broader Operations function and provides a vital link between underwriting teams and operational services. The team is responsible for ensuring the accurate and timely processing of underwriting data, supporting policy administration activities and maintaining high standards of data quality. Working closely with finance, claims, credit control and offshore processing teams, the function plays a critical role in supporting efficient business operations and delivering excellent service to both internal and external stakeholders.
Key Responsibilities- Accurately process premiums, policies, endorsements, renewals, quotes and submissions within agreed service standards.
- Maintain underwriting information across relevant systems and databases.
- Support document management activities and ensure records are complete and up to date.
- Assist with month-end processes and reporting requirements.
- Support the resolution of transactional issues relating to premium processing, signings and cash management.
- Develop strong working relationships with underwriting teams and key business stakeholders.
- Respond promptly to requests for policy and processing information.
- Support renewal activities, including preparation of renewal packs and maintenance of renewal trackers.
- Liaise with brokers regarding account administration and query resolution.
- Escalate significant operational issues where necessary.
Underwriting Assistant (Energy) employer: Lorien
Join a forward-thinking company in Manchester that values technical expertise and offers a dynamic work culture. With a focus on hybrid working, flexible hours, and a strong emphasis on employee growth, this role provides the opportunity to lead impactful projects while maintaining a hands-on engineering position. Enjoy a competitive salary, annual bonus, and the chance to shape the future of corporate infrastructure services in a supportive environment.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriting Assistant (Energy)
✨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 Lorien). 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 Lorien. 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 Assistant (Energy)
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 Lorien.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Lorien. 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 Lorien
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Lorien 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 Lorien, 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 Lorien'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.
