At a Glance
- Tasks: Support the Real Estate Team with underwriting and administrative tasks.
- Company: Join a dynamic company focused on delivering top-notch insurance solutions.
- Benefits: Enjoy flexible working options and a supportive team environment.
- Why this job: Gain valuable experience in underwriting while building relationships in the industry.
- Qualifications: No prior experience needed; just a willingness to learn and grow.
- Other info: Perfect for high school and college students looking to kickstart their career.
The predicted salary is between 28800 - 43200 £ per year.
Job purpose: To work closely with and provide a highly efficient and accurate level of administration and underwriting assistance to the Real Estate Team. To manage and deliver data input as required in support of the new business and renewal underwriting functions. Accurately review and transfer data between sources and systems as required. To deliver a high level of service to all customers internal and external by adhering to SLA’s and TCF through complying with company procedures and regulatory requirements.
Key Responsibilities / Relationships / Reporting Lines:
- Assist in the effective underwriting functions of the Real Estate binders.
- Liaise with and support the underwriting team with general administrative duties, which includes, but is not limited to, issuing policy documents, data entry onto bordereaux, spreadsheets & IT platforms.
- Underwrite insurance risks in accordance with your authority, the business plan and delegated underwriting authority to meet business objectives, referring for the correct level of authority as required, including where required negotiating rates, terms and conditions for existing and new business, ensuring production and issue of contract certainty and ensuring compliance with internal and external regulations and guidelines.
- Assist the business in the accurate migration of data between systems.
- Building and maintaining relationships with customers, brokers, business partners and colleagues to achieve business targets.
- Liaise with claims team where required to ensure underwriters have up to date claims information on all renewal accounts.
- Ensure that standards of service to customers and prospects are in accordance with the company’s requirements and guidelines.
- Carry out any task or duty reasonably requested to assist the Real Estate underwriting team.
Contact Detail:
pib Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Underwriter
✨Tip Number 1
Familiarise yourself with the insurance industry, particularly in real estate. Understanding key terms and concepts will help you engage in meaningful conversations during interviews and demonstrate your knowledge of the field.
✨Tip Number 2
Network with professionals in the underwriting and insurance sectors. Attend industry events or join relevant online forums to connect with people who can provide insights and potentially refer you to opportunities at StudySmarter.
✨Tip Number 3
Prepare for potential interview questions by practising how you would handle specific underwriting scenarios. This will showcase your problem-solving skills and your ability to think critically under pressure.
✨Tip Number 4
Research StudySmarter's values and culture. Tailoring your approach to align with our mission and demonstrating how you can contribute to our goals will make you a more attractive candidate.
We think you need these skills to ace Assistant Underwriter
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of an Assistant Underwriter. Familiarise yourself with underwriting processes, data management, and customer service expectations.
Tailor Your CV: Highlight relevant experience in administration and data management. Emphasise any previous roles where you've supported teams or managed data input, as these are crucial for the position.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and how your skills align with the company's needs. Mention specific examples of how you've successfully handled similar tasks in the past.
Proofread Your Application: Ensure that your application is free from errors. A well-presented application reflects your attention to detail, which is essential for an Assistant Underwriter. Ask someone else to review it if possible.
How to prepare for a job interview at pib Group
✨Understand the Role
Make sure you have a solid grasp of what an Assistant Underwriter does. Familiarise yourself with the key responsibilities mentioned in the job description, such as data management and liaising with the underwriting team. This will help you answer questions confidently and demonstrate your enthusiasm for the role.
✨Showcase Your Attention to Detail
Since the role involves accurate data entry and compliance with regulations, be prepared to discuss examples from your past experiences where your attention to detail made a difference. Highlight any relevant skills or tools you've used to ensure accuracy in your work.
✨Prepare Questions
Interviews are a two-way street, so come armed with thoughtful questions about the company culture, team dynamics, and expectations for the role. This shows your genuine interest in the position and helps you assess if it's the right fit for you.
✨Demonstrate Your Communication Skills
As you'll be liaising with various stakeholders, it's crucial to showcase your communication abilities. Practice articulating your thoughts clearly and concisely, and be ready to discuss how you've effectively communicated in previous roles, especially in high-pressure situations.