At a Glance
- Tasks: Support the Underwriting team with admin and technical tasks while learning the insurance industry.
- Company: Join Arch Insurance, a leading digital insurer with a collaborative culture.
- Benefits: Gain a Level 3 Insurance Practitioner apprenticeship and enjoy a supportive work environment.
- Other info: Dynamic role with opportunities for growth and learning in a fast-paced environment.
- Why this job: Kickstart your career in insurance and make a real impact from day one.
- Qualifications: Must be 16+, living in England, and not in full-time education.
The predicted salary is between 18000 - 25000 Β£ per year.
Underwriting Apprentice, Marine
Applylocations: London, United Kingdomtime type: Full timeposted on: Posted Todayjob requisition id: R26\_667With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential.
Our work is the catalyst that helps others achieve their goals.
In short, We Enable Possibility SM.
Arch Insurance International, part of the Arch Capital Group, is a market-leading insurer located in the UK.
We provide a range of property, casualty, and specialty insurance for corporations, professional firms, and financial institutions across the UK, Europe and Internationally, with a significant presence in the Lloyd's and London Underwriting market.
Arch Insurance recognises the need to be a digital insurer and as such has shifted focus from traditional technology initiatives to agile driven digital initiatives, leading the commercial & specialty insurance space.
Arch offers an entrepreneurial work environment that empowers the individual and encourages constant learning and growth.
People are at the centre of everything we do at Arch, and we are passionate about investing in the future talent of the insurance industry.
From day one, you'll be empowered to contribute, grow, and make a difference.
Our apprenticeship roles are crafted to give you the tools, experiences, and support you need to thrive.
Key Duties To provide administrative and technical support to the Underwriting team as required.
Administrative and Technical support includes but is not limited to the maintenance of files and the processing, recording of business accounts accurately and in a timely manner on the Company's IT and administrative systems in accordance with processing standards and procedures.
Assisting the team in day-to-day ad hoc tasks when required (risk research, broker meetings, country overview reports etc. and providing updates to underwriters).
Gain Level 3 Insurance Practitioner apprenticeship (CII Cert) Data Input Enter submissions, rating models, quotes and bound policies onto the Arch underwriting systems Conduct account clearance procedures with other parts of the company for risks or clash, as may be required - including catastrophe analysts, risk capture and data management teams Review quality control output from Global Services.
Liaising with both to ensure accounts are processed on a timely basis Account Administration Assist the Underwriters with day-to-day underwriting operations Assist in preparation of monthly & management reports Undertake research activities, as directed by underwriters, for additional underwriting information from the Internet or other external sources Maintenance of appropriate business activity logs to record submission activity or premium activity Prepare Standard policy Documentation for underwriters' sign off reports Account Query resolution Assist in the resolution of outstanding premium receivable issues, as may be directed Liaise with brokers on any outstanding information requirements Resolve weekly processing reports General Administration File preparation, photocopying, scanning, document management Assisting underwriters at Lloyd's Box Have daily contact with other teams, e. g. binder management team, finance and compliance Answering telephone calls, responding to emails Apprenticeship Eligibility To start an apprenticeship, the learner will need to be: 16 or over Living in England and not in full time education Do you like solving complex business problems, working with talented colleagues and have an innovative mindset?
Arch may be a great fit for you.
If this job isn't the right fit but you're interested in working for Arch, create a job alert!
Simply create an account and opt in to receive emails when we have job openings that meet your criteria.
Join our talent community to share your preferences directly with Arch's Talent Acquisition team.
Underwriting Apprentice, Marine employer: Mcneil & Co.
McNeil & Co. is an excellent employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. As an Underwriting Operations Apprentice, you will benefit from a structured apprenticeship programme that not only provides valuable qualifications but also fosters personal and professional growth through hands-on experience and mentorship. Join a team that values efficiency and creativity, and be part of a company committed to your success and development in the financial services sector.