At a Glance
- Tasks: Support underwriting teams by managing data and client communications for insurance applications.
- Company: Join a diverse and inclusive team at Ryan Specialty in London.
- Benefits: Gain valuable experience in the insurance industry with opportunities for growth.
- Other info: Embrace a culture that values diversity and promotes equal opportunities.
- Why this job: Be part of a dynamic environment where your contributions truly matter.
- Qualifications: Experience in customer service or administrative roles is a plus, but not required.
The predicted salary is between 30000 - 40000 £ per year.
This underwriting assistant role is a newly created position within one of our specialist teams focusing on North American property business. Ideally we are seeking an individual with a background in the insurance market, but this doesn't necessarily have to be in underwriting.
Location: London - UK - Fenchurch.
Job Responsibilities
- Maintains accurate and up-to-date data, electronic and physical files for underwriting records, policies, and endorsements.
- Documents underwriting decisions via automated desktop systems and tools.
- Supports the collection, validation, and organisation of data related to insurance applications and underwriting submissions.
- Coordinates the renewal process by gathering necessary information, preparing renewal documents, and assisting in client communications.
- Coordinates with others to manage production activities such as submissions, quotes, declines, bind orders, issuance, etc. to provide accurate, timely, and quality service to clients.
- Collaborates with underwriting teams to relay information, coordinate tasks, and support the overall underwriting process.
- Communicates with clients, brokers, and underwriters to gather additional information, clarify details, and address inquiries regarding underwriting submissions.
- Delivers excellent customer service by addressing inquiries, resolving issues, and ensuring a positive experience for clients and stakeholders.
Qualifications
- Experience in underwriting coordination, administrative support, or customer service roles in the insurance industry is preferred but not essential.
Equal Opportunity Employer
Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence and other terms, conditions, and benefits of employment.
Underwriting Assistant employer: Ryan Specialty Corporate Services Limited
Ryan Specialty is an exceptional employer located in the heart of London, offering a dynamic work environment that fosters collaboration and innovation within the insurance sector. With a strong commitment to diversity and inclusion, employees are encouraged to grow their careers through various training and development opportunities while enjoying a supportive culture that values each individual's contributions. The newly created Underwriting Assistant role provides a unique chance to be part of a specialist team, ensuring meaningful engagement with clients and stakeholders in a vibrant city setting.
Contact Details:
Ryan Specialty Corporate Services Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Underwriting Assistant
✨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 Ryan Specialty Corporate Services Limited). 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 Ryan Specialty Corporate Services Limited. 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
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 Ryan Specialty Corporate Services Limited.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Ryan Specialty Corporate Services Limited. 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 Ryan Specialty Corporate Services Limited
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Ryan Specialty Corporate Services Limited 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 Ryan Specialty Corporate Services Limited, 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 Ryan Specialty Corporate Services Limited'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.
