At a Glance
- Tasks: Support underwriting controls and ensure standards are met while collaborating with a dynamic team.
- Company: Join Travelers, a leading property casualty insurer with a culture of innovation and collaboration.
- Benefits: Enjoy competitive pay, private medical insurance, generous holiday entitlement, and wellness programmes.
- Other info: Flexible hybrid work options and opportunities for community involvement through volunteering.
- Why this job: Make a real impact in the insurance industry while developing your skills in a supportive environment.
- Qualifications: GCSEs in English and Maths; familiarity with insurance practices is a plus.
The predicted salary is between 33075 - 40425 £ per year.
Who Are We?
Taking care of our customers, our communities and each other.
That’s the Travelers Promise.
By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years.
Join us to discover a culture that is rooted in innovation and thrives on collaboration.
Imagine loving what you do and where you do it.
- Job Category: Underwriting
- Target Openings 1
What Is the Opportunity?
You will support the Underwriting Controls Manager and team to ensure the required standards and underwriting controls are properly administered, coordinated and maintained.
Travelers Europe currently offers flexibility to employees who wish to work on a hybrid basis in accordance with our Hybrid Work Arrangements Policy.
This entails full time employees working three days a week in the office and two days at home (or pro rata for part-time employees).
This policy may be changed at the Company’s discretion.
What Will You Do?
- Assist with the coordination and administration of Underwriting Reviews.
- This includes: prompt and effective reporting, monitoring findings and fostering best practice.
- Underwriting Reviews include (but are not limited to) Peer Review, Independent Peer Review, Underwriter Level Reviews and Thematic Reviews.
- Assist with the control and administration of Underwriting Authorities.
- Prepare and maintain various management reports as required.
- Track, monitor and contribute to reports on Underwriting Reviews, authority breaches, exception reports, policy reformation etc. so that reports and information is timely, accurate and effective.
- Assist with the coordination of both internal and external Underwriting Audits, including: Internal Audit / Enterprise Audit / Corporate Reviews / Pool Re / Gareat.
- Ensure that there is an effective process in place for recording and monitoring third party audits and reviews and that this is maintained and produces appropriate and efficient reporting.
- As required maintain Underwriting Procedural Notes.
- Provides continuous input to system improvement requirements.
- Assist the Underwriting Controls Manager with management of Underwriting standards/controls and other business projects as required by the Underwriting Officers.
- Perform other duties as assigned.
What Will Our Ideal Candidate Have?
- Relevant experience working in an Insurance Company or Lloyd's Syndicate.
- Familiarity with Underwriting / Workflow platforms.
- Ability to communicate with people at all levels and have an ability to develop a good working relationship with colleagues.
- Good team player with the ability to work independently when required.
- Good numeracy skills.
- Good attention to detail with the ability to analyse, synthesise and compare information to understand issues.
- Ability to prioritise, highly organised, able to multi-task in order to meet deadlines.
- Ability to influence others not reporting directly to you in order to achieve required objectives.
- Intermediate Excel proficiency and ability to use reporting tools.
- ACII or part qualified.
What is a Must Have?
- Educated to GCSE level (or equivalent) including English and Maths.
- A general understanding of Insurance practices and principles and the Insurance market structure.
What Is in It for You?
- Private
- Medical
Insurance: On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents, at your expense through payroll deduction.
- Retirement: Travelers will make a core contribution of a percentage of salary to your Pension Plan.
Additionally, if you decide to contribute to the plan, you will receive an increased company contribution.
- Holiday
Entitlement: Start your career at Travelers with a minimum of 25 days holiday entitlement annually, plus the opportunity to purchase additional days to allow for up to a total of 35 holidays per year.
- Wellness Programme: The Travelers wellness programme is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs.
- In addition, our mental health programme provides access to free professional counseling services and other resources that support your daily life needs.
- Volunteer
Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved.
Travelers has a Matching Gift and Volunteer Rewards programme that enables you to give back to the charity of your choice.
Employment Practices
Travelers is an equal opportunity employer.
We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.
If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.
Travelers reserves the right to fill this position at a level above or below the level included in this posting.
To learn more about our comprehensive benefit programs please visit
Travelers has more than 30,000 employees in the United States, Canada, the United Kingdom, and Ireland.
Explore life at Travelers.
Open to all employees, our 10 Diversity Networks celebrate culture and communities and create spaces for all employees through powerful forums for dialogue and support.
Discover diversity and inclusion.
Employees and their eligible family members – including spouses, domestic partners and children – are eligible for coverage from the first day of employment.
Explore benefits. Travelers has been recognized by organizations such as G. I. Jobs and Military Times.
Read more about recognition. Our employees are valuable assets to their hometowns, volunteering for important causes each year.
Learn about community involvement. Imagine other opportunities here.
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Delegated Authority Controls Specialist-2 in London employer: SPE Travelers Management, LTD
Travelers is an exceptional employer that fosters a collaborative and innovative work culture, offering a hybrid work arrangement that promotes work-life balance. Employees benefit from comprehensive training and development opportunities, ensuring continuous growth in their careers while being part of a team that values strategic thinking and leadership in the underwriting field.
Contact Details:
SPE Travelers Management, LTD Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Delegated Authority Controls Specialist-2 in London
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We think you need these skills to ace Delegated Authority Controls Specialist-2 in London
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 SPE Travelers Management, LTD.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at SPE Travelers Management, LTD. 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 SPE Travelers Management, LTD
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at SPE Travelers Management, LTD to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
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As a full-timer at SPE Travelers Management, LTD, 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 SPE Travelers Management, LTD'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.