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- Tasks: Support underwriters with data entry, compliance checks, and document management for a global property portfolio.
- Company: Leading London Market insurer with a collaborative culture.
- Benefits: Competitive salary, career development opportunities, and exposure to a global market.
- Why this job: Kickstart your career in underwriting and work with a high-performing team.
- Qualifications: Strong numeracy, attention to detail, and good Excel skills required.
- Other info: Flexible working options and a chance to build technical knowledge.
The predicted salary is between 36000 - 60000 £ per year.
A leading London Market insurer is seeking an Underwriting Assistant to join their Property team, supporting a book of Worldwide Property business. This is an excellent opportunity for a highly organised and numerate individual who enjoys working with data, underwriting systems, and supporting underwriters in achieving business plan targets.
The role will involve a range of administrative and technical support duties, including:
- Underwriting data entry
- Compliance checks
- Document management
- Reporting
It would suit someone with strong attention to detail, good Excel skills and an interest in building a long-term career within underwriting. Experience in Property CAT modelling would be highly beneficial, although not essential.
Key Responsibilities:
- Supporting underwriters with the administration of a worldwide property portfolio
- Entering underwriting risk data into underwriting systems, including setting up new risks and amending existing entries
- Maintaining and updating aggregate monitoring systems, including RMS
- Attaching and organising documentation within the document library system
- Ensuring underwriting files are kept accurate and up to date, including chasing missing information and documentation
- Monitoring reports for incomplete risks and error items, correcting where required and liaising with underwriters/brokers for outstanding information
- Completing compliance checks for all risks in line with internal and regulatory standards
- Running ad-hoc reports and analyses to support the underwriting team and wider business requirements
Skills & Experience Required:
- Highly numerate with strong attention to detail
- Strong IT skills, particularly Microsoft Excel
- Confident communicator with good interpersonal skills
- Professional and credible approach when dealing with internal and external stakeholders
- Strong organisational skills with the ability to manage multiple tasks and priorities
- Proactive mindset with a willingness to learn and support the wider team
- Ability to work with integrity and maintain confidentiality at all times
- Flexible and adaptable approach to supporting the underwriting function
Desirable:
- Experience in Property CAT modelling
- Familiarity with e-placing platforms and underwriting systems
- Knowledge of the London Market / Lloyd’s environment
- Degree educated (or equivalent experience)
- Progress towards CII qualifications (or willingness to work towards them)
What’s on Offer:
- A strong opportunity to develop a long-term career within a fantastic business
- Exposure to a global property portfolio within the London Market
- The chance to join a high-performing team with a collaborative culture
- Excellent experience in underwriting support, compliance and portfolio reporting
- Opportunity to build technical knowledge and progress over time
Underwriting Assistant, International Property in City of London employer: Nashrock Insurance Recruitment
Contact Detail:
Nashrock Insurance Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriting Assistant, International Property in City of London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and the role. Understand their values and how you can contribute to their goals. This will help you stand out and show that you're genuinely interested in the position.
✨Tip Number 3
Practice your responses to common interview questions. Use the STAR method (Situation, Task, Action, Result) to structure your answers. This will help you articulate your experiences clearly and effectively.
✨Tip Number 4
Don’t forget to follow up after your interview! A simple thank-you email can leave a lasting impression and show your enthusiasm for the role. Plus, it keeps you on their radar as they make their decision.
We think you need these skills to ace Underwriting Assistant, International Property in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Underwriting Assistant role. Highlight your organisational skills, attention to detail, and any relevant experience with data entry or compliance checks. We want to see how you fit into our Property team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're interested in underwriting and how your skills align with the job description. Show us your enthusiasm for the role and the company!
Show Off Your Excel Skills: Since strong IT skills, especially in Excel, are key for this role, don’t forget to mention any relevant experience you have. If you've worked with data analysis or reporting, let us know how you’ve used those skills in past roles.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get you on our radar. We can’t wait to hear from you!
How to prepare for a job interview at Nashrock Insurance Recruitment
✨Know Your Numbers
As an Underwriting Assistant, you'll be dealing with a lot of data. Brush up on your numerical skills and be ready to discuss how you've used Excel in past roles. Maybe even prepare a few examples of how you’ve managed data or improved processes.
✨Understand the Role
Make sure you fully grasp what the role entails. Familiarise yourself with underwriting processes, compliance checks, and document management. Showing that you understand the specifics of the job will impress the interviewers and demonstrate your genuine interest.
✨Show Your Organisational Skills
This role requires strong organisational abilities. Be prepared to share examples of how you've successfully managed multiple tasks or projects in the past. Highlight any tools or methods you use to stay organised, as this will resonate well with the team.
✨Ask Insightful Questions
Prepare some thoughtful questions about the company culture, the team dynamics, or the specific challenges the underwriting team faces. This shows that you're not just interested in the job, but also in how you can contribute to the team's success.
