Risk Underwriting Administrator - 6 Month Contract
Risk Underwriting Administrator - 6 Month Contract

Risk Underwriting Administrator - 6 Month Contract

Full-Time 30000 - 35000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Support risk-related admin tasks and assist the Risk team with underwriting and compliance.
  • Company: Join a leading financial services provider specialising in vendor and equipment finance.
  • Benefits: Enjoy hybrid working with 2 days in the office and competitive pay.
  • Why this job: Gain valuable experience in a dynamic environment while contributing to important risk management processes.
  • Qualifications: 1+ years in a Risk/Underwriting role; strong communication and organisational skills required.
  • Other info: Immediate start preferred; perfect for those looking to kickstart their career in finance.

The predicted salary is between 30000 - 35000 £ per year.

A leading financial services provider specialising in vendor and equipment finance is looking for a Risk Underwriting Administrator to join on a 6-month contract. This role involves supporting risk-related administrative activities and supporting the wider Risk team in their underwriting and compliance responsibilities.

Key Responsibilities:
  • Review incoming proposals using a pre-set checklist to identify whether transactions meet the company's acceptance criteria before they are passed to the Risk Managers.
  • Conduct exposure and customer name searches via internal risk systems to ensure accurate reporting.
  • Investigate customer group affiliations using the global client database.
  • Check clients and their Ultimate Beneficial Owners against internal watchlists for high-risk profiles or restricted activities.
  • Verify the authenticity of suppliers involved in customer transactions and approve them where appropriate.
  • Deliver professional, clear responses to internal queries within agreed service standards.
  • Provide sound justifications when escalating Customer Due Diligence concerns to the Compliance team.
  • Maintain up-to-date, accurate records in the core underwriting and customer systems.
  • Assist with various administrative duties across the Risk function as required.
Requirements:
  • 1+ years of experience in a Risk/Underwriting Administrative role within Financial Services sector.
  • Immediately Available to start employment or have a notice period of less than 2 weeks.
  • Strong verbal, written communication and organisational skills.
  • Confident working with people across teams and levels with high attention to detail.
  • Solid working knowledge of MS Word and Excel.

Risk Underwriting Administrator - 6 Month Contract employer: Marks Sattin (UK) Ltd

As a leading financial services provider in South-West London, we pride ourselves on fostering a dynamic and inclusive work culture that values collaboration and professional growth. Our employees benefit from hybrid working arrangements, competitive pay, and the opportunity to develop their skills within a supportive team environment, making us an excellent employer for those seeking meaningful and rewarding careers in risk underwriting.
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Contact Detail:

Marks Sattin (UK) Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Risk Underwriting Administrator - 6 Month Contract

✨Tip Number 1

Familiarise yourself with the key responsibilities of the Risk Underwriting Administrator role. Understanding the specific tasks, such as reviewing proposals and conducting customer searches, will help you demonstrate your knowledge during interviews.

✨Tip Number 2

Network with professionals in the financial services sector, particularly those involved in risk management and underwriting. Engaging with industry contacts can provide insights into the role and may even lead to referrals.

✨Tip Number 3

Brush up on your knowledge of compliance and customer due diligence processes. Being able to discuss these topics confidently will show your preparedness for the role and your understanding of its importance.

✨Tip Number 4

Prepare to discuss your experience with MS Word and Excel, as these tools are essential for the role. Think of specific examples where you've used these applications to manage data or create reports effectively.

We think you need these skills to ace Risk Underwriting Administrator - 6 Month Contract

Risk Assessment
Attention to Detail
Customer Due Diligence
Data Entry Accuracy
Compliance Knowledge
Strong Verbal Communication
Written Communication Skills
Organisational Skills
MS Word Proficiency
MS Excel Proficiency
Analytical Skills
Team Collaboration
Problem-Solving Skills
Time Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in risk and underwriting administration. Use keywords from the job description to demonstrate that you meet the requirements.

Craft a Compelling Cover Letter: Write a cover letter that specifically addresses the responsibilities listed in the job description. Explain how your skills and experiences make you a great fit for the role.

Showcase Your Communication Skills: Since strong verbal and written communication skills are essential, ensure your application is clear, concise, and free of errors. This will reflect your attention to detail.

Highlight Relevant Experience: In your application, emphasise any previous roles in financial services or risk administration. Provide examples of how you've successfully managed similar tasks or responsibilities.

How to prepare for a job interview at Marks Sattin (UK) Ltd

✨Know the Role Inside Out

Make sure you thoroughly understand the responsibilities of a Risk Underwriting Administrator. Familiarise yourself with the key tasks mentioned in the job description, such as reviewing proposals and conducting customer searches. This will help you demonstrate your knowledge and enthusiasm during the interview.

✨Prepare for Scenario Questions

Expect to be asked about how you would handle specific situations related to risk assessment and compliance. Think of examples from your past experience where you successfully navigated similar challenges. This will show your problem-solving skills and ability to work under pressure.

✨Highlight Your Attention to Detail

Given the nature of the role, attention to detail is crucial. Be prepared to discuss how you ensure accuracy in your work, especially when verifying client information or maintaining records. Providing concrete examples will strengthen your case.

✨Showcase Your Communication Skills

As the role involves responding to internal queries and collaborating with various teams, effective communication is key. Practice articulating your thoughts clearly and concisely. You might also want to prepare a few questions to ask the interviewer, demonstrating your interest in the team dynamics.

Risk Underwriting Administrator - 6 Month Contract
Marks Sattin (UK) Ltd
M
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