At a Glance
- Tasks: Support the underwriting team with admin tasks and maintain accurate records.
- Company: Join a leading insurance firm that values innovation and teamwork.
- Benefits: Gain valuable experience, competitive salary, and opportunities for career growth.
- Other info: Diverse and inclusive workplace culture focused on personal development.
- Why this job: Kickstart your career in insurance while learning from industry experts.
- Qualifications: A minimum of three A-Levels with strong analytical skills preferred.
The predicted salary is between 25000 - 32000 £ per year.
ROLE DESCRIPTION
The Underwriting Team Assistant is responsible for providing administrative, operational and underwriting support to the underwriting team.
The role plays a key part in ensuring the efficient day-to-day running of the portfolio by supporting underwriting processes, maintaining accurate records and systems, assisting with credit control activities and helping manage relationships with brokers and internal stakeholders.
This position is designed as an entry-level role for an individual looking to develop a career within the insurance and reinsurance industry.
The successful candidate will work closely with the Underwriting Assistant, Assistant Underwriter(s) and Underwriter(s), supporting the team while gaining exposure to underwriting operations and portfolio management.
- Key Stakeholders
- Underwriters and Assistant Underwriters
- Underwriting Assistant
- Operations and Finance teams
- Brokers and Coverholders
- Claims and Compliance teams
- External service providers where required
- MAIN RESPONSIBILITIES
- Provide administrative support to the underwriting team, including maintaining files, records and correspondence.
- Accurately enter, update and maintain underwriting data within relevant systems and databases.
- Assist with the preparation and processing of underwriting documentation, reports and submissions.
- Support credit control activities, including monitoring outstanding balances and following up on payment queries.
- Assist in maintaining underwriting and management information reports.
- Ensure underwriting systems and records remain accurate, complete and up to date.
- Liaise with brokers and internal stakeholders to resolve operational queries.
- Support the team with portfolio administration and ad hoc project work.
- Assist with document management, filing and audit requests.
- Develop an understanding of underwriting processes, products and market practices.
The role holder is expected to
- Demonstrate a proactive and positive approach to learning and development.
- Take ownership of assigned tasks and deliver them accurately and on time.
- Build effective working relationships with colleagues and external stakeholders.
SKILLS, QUALIFICATIONS AND EXPERIENCE
- Minimum of three A-Levels (or equivalent) with strong grades.
- Candidates with strong performance in analytical and numerate subjects will be viewed favourably.
- FIDELIS ETHOS
Our culture is defined by our ethos. It is the foundation of who we are and the core of everything we do.
- Results
- We want to be the best at the things we care about, so we focus on profitability over volume, with responsive decision-making and clear prioritised accountability.
- Innovate
- We aspire to lead the market in providing the services and products our clients need, and to drive change in the broader impact our industry has on human rights, society, and environmental sustainability.
- Include
- We create an environment where employees can bring their whole self to work, with open communication where everyone, irrespective of gender, ethnicity, sexual orientation or background, feels able to contribute ideas and be recognised and rewarded for their contribution.
- Unite
- We operate as team of individual talents that actively seeks to reflect the diversity of the societies in which we operate, giving our business the widest range of inputs and perspectives.
- Respond
- We work in a business exposed to sudden shocks and changes – elemental, political, economic and human – so we remain nimble and ready for change.
- DIVERSITY AND INCLUSION
Our vision is for a workplace culture where differences are valued and where diversity of background, experience and thought are welcomed.
We believe that developing and maintaining a diverse and inclusive organisation is critical to our success.
Our hiring, assessment and selection process must be fair, free from bias and one which ensures we select the right person for the job, based on merit.
We welcome applications from all qualified candidates.
To ensure that all candidates have a fair opportunity to show their abilities during the recruitment process, adjustments may be required.
If your physical or mental health or disability may necessitate an adjustment, please contact to discuss. All information relating to your health or disability will be treated in accordance with our data protection policy.
StudySmarter Expert Advice🤫
We think this is how you could land Team Assistant in London
✨Dive into Insurance Networking Events
Get your foot in the door by attending local insurance networking events or job fairs. These gatherings are perfect for us to meet potential employers in a casual setting, and you might just find a great connection to help land that entry-level role!
✨Join Online Insurance Communities
Hop onto platforms like LinkedIn or specialised forums centred on insurance. Engage with discussions, ask questions, and showcase your eagerness to break into the industry. This visibility can make you stand out to hiring managers scouring these spaces for fresh talent.
✨Leverage University Resources
If you're fresh out of uni, make sure to utilise your university’s career services. They can connect us with companies looking for entry-level candidates, often before jobs are even advertised. Keep an eye on internship opportunities, as they can lead to full-time positions down the line!
✨Apply Directly Through Us!
Don't forget to check our website for any entry-level openings at Silverflame Re! Applying directly can give you a better chance to showcase your enthusiasm and passion for the insurance field, plus, it shows you’re keen to take the initiative.
We think you need these skills to ace Team Assistant in London
Some tips for your application 🫡
Show Your Customer Service Skills:In the insurance industry, customer service is key! Highlight any experience you have in dealing with clients or customers, whether it's through a part-time job or volunteer work. Remember, we love seeing your potential to communicate effectively and empathise with clients in your application!
Tailor Your CV to Insurance Basics:When crafting your CV, don't forget to include any relevant courses or certifications you've taken in insurance or finance. If you've studied topics related to risk assessment or policy management, mention those! It shows us you're serious about getting into the insurance game.
Craft a Compelling Cover Letter:For entry-level roles, your cover letter is your chance to shine! Share why you're passionate about insurance and how you’re eager to learn and grow in this field. We want to see that you're genuinely excited about building your career with Silverflame Re!
Highlight Your Analytical Mindset:Insurance is all about assessing risks and understanding numbers. Make sure to mention any coursework or experience you have with data analysis or critical thinking. Even if it’s from school projects or personal interests, we want to see that you can think analytically!
How to prepare for a job interview at Silverflame Re
✨Know Your Basics: The Insurance Fundamentals
Understand the core concepts of insurance, such as risk assessment, underwriting, and claims processes. This knowledge will help us demonstrate our familiarity with the industry and prepare us for any technical questions that might pop up during the interview.
✨Prepare for Behavioural Questions
Insurance companies love behavioural interviews! We should think about times we've shown teamwork, problem-solving, and customer service skills. Reflecting on specific experiences will help us come across as reliable candidates who can handle the challenges of the role.
✨Show Enthusiasm for Learning
As this is an entry-level position, it's crucial to express our eagerness to learn and grow within the company. Employers like Silverflame Re want to see that we're enthusiastic about diving into the insurance world and building our knowledge base over time.
✨Research Industry Trends
Staying updated on the latest trends in the insurance sector, like digital transformation and regulatory changes, can set us apart. Mentioning these trends during the interview shows that we’re engaged and have a forward-thinking mindset, aligning well with the company’s goals.
