Underwriting Administrator - Financial Lines in London
Underwriting Administrator - Financial Lines

Underwriting Administrator - Financial Lines in London

London Full-Time 28800 - 43200 £ / year (est.) No home office possible
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Starr Companies

At a Glance

  • Tasks: Support underwriting teams with data entry, quality checks, and administrative tasks.
  • Company: Join Starr, a global leader in commercial insurance with a century of expertise.
  • Benefits: First-class training, career growth opportunities, and an inclusive work environment.
  • Other info: Work in a supportive team and gain valuable experience in the insurance sector.
  • Why this job: Make impactful decisions and build lasting client relationships in a dynamic culture.
  • Qualifications: Ideal for recent graduates or school leavers with strong numeracy and IT skills.

The predicted salary is between 28800 - 43200 £ per year.

Join Starr, a global leader in commercial insurance with over a century of expertise. We empower our employees to innovate, make impactful decisions, and build lasting client relationships worldwide. At Starr, you'll work in an entrepreneurial culture alongside accessible leaders, leveraging our financial strength and vast industry experience to deliver solutions for our clients, no matter how complex. Grow your career with a rapidly growing company that invests in its people and their ability to drive real progress.

Role Purpose

To support the Financial Lines Underwriting divisions through defined administrative responsibilities.

Responsibilities

  • Enter risk and policy data into the Underwriting system(s) within the defined Service Level Agreements.
  • Undertake peer-to-peer quality assurance checks within the defined Service Level Agreements.
  • Ensure all risk and policy queries are communicated through the appropriate channels and responded to in a timely manner.
  • Process unmatched USMs within the defined Service Level Agreements and escalate any issues through the appropriate channels.
  • Ensure all tasks are completed for month-end close.
  • Assist with credit control and provide support to the credit control team with aged debt and excess cash queries when required.
  • Attend team, departmental and divisional meetings to build, and maintain, internal relationships and continue understanding of the business.
  • Scan and store all documentation into the document management storage folders as required.
  • Ensure that Underwriting files are complete and accurate. Obtain any outstanding items from the underwriting team.
  • Assist with, and drive forward, company projects as required.
  • Assist with the training of new team members and act as a Subject Matter Expert as requested by the management team.
  • Undertake other appropriate ad-hoc tasks as requested by the management team.
  • Maintain business logs and renewal pipeline spreadsheets.
  • Assist with peer review.
  • Ensure PBQA/CC is complete.
  • Assist with collating information for binder/lineslip renewals.
  • Assist FL Portfolio analyst as required.
  • Responsibilities are all internal focused; UWAs will be required to deal with brokers and external third parties.
  • Assist with internal and external audits.
  • Ad hoc reporting as required.
  • Report any suspicion of financial crime to the Money Laundering Reporting Officer immediately.
  • Operate within the Company’s standards for Treating Customers Fairly.
  • Manage any potential conflicts of interest to avoid disrepute to the company’s integrity.
  • Advise Compliance of any complaints immediately.

Experience

This is the perfect opportunity for a candidate with 6 months’ – 1 years office experience or a recent graduate or a well qualified school leaver. The ideal candidate will be highly numerate, have a strong work ethic, high attention to detail, excellent IT and analytical skills and possess the drive to advance their career within the Insurance sector.

Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.

Underwriting Administrator - Financial Lines in London employer: Starr Companies

Starr is an exceptional employer located in the heart of London, offering a dynamic and entrepreneurial work culture that encourages innovation and impactful decision-making. With a strong commitment to employee development, we provide first-class training opportunities and foster an inclusive environment where every team member can thrive. Join us to be part of a rapidly growing company that values your contributions and supports your career advancement in the insurance sector.
Starr Companies

Contact Detail:

Starr Companies Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Underwriting Administrator - Financial Lines in 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 role. Understand Starr's values and how they align with your skills. This will help you stand out and show that you're genuinely interested in being part of their team.

✨Tip Number 3

Practice common interview questions and have your own ready. Think about how your experience relates to the responsibilities listed in the job description. This will help you articulate your fit for the Underwriting Administrator role.

✨Tip Number 4

Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression and shows your enthusiasm for the position. Plus, it keeps you on their radar as they make their decision.

We think you need these skills to ace Underwriting Administrator - Financial Lines in London

Data Entry
Quality Assurance
Communication Skills
Credit Control
Document Management
Attention to Detail
Numeracy
Analytical Skills
Project Management
Team Collaboration
Problem-Solving Skills
Time Management
Compliance Awareness
Report Writing

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Underwriting Administrator role. Highlight any relevant experience, especially if you've worked in an office or have a knack for numbers. We want to see how you can bring your skills to our team!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're interested in the role and how your background fits with what we're looking for. Keep it concise but engaging – we love a bit of personality!

Show Off Your Attention to Detail: In underwriting, attention to detail is key. Make sure your application is free from typos and errors. Double-check everything before hitting send – it shows us you care about quality and accuracy!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it makes the process smoother for both you and us!

How to prepare for a job interview at Starr Companies

✨Know Your Numbers

As an Underwriting Administrator, you'll be dealing with a lot of data. Brush up on your numerical skills and be prepared to discuss how you handle data entry and analysis. Maybe even bring examples of how you've used these skills in past roles or projects.

✨Understand the Industry

Familiarise yourself with the financial lines of insurance and the specific challenges they face. This will show your potential employer that you're genuinely interested in the role and have done your homework. A few key terms or recent trends in the industry could really impress them!

✨Showcase Your Attention to Detail

In this role, accuracy is key. Be ready to share examples of how you've maintained high standards in your previous work. Whether it's through quality assurance checks or managing documentation, demonstrating your meticulous nature will set you apart.

✨Ask Insightful Questions

Prepare some thoughtful questions about the company culture, team dynamics, or specific projects you might be involved in. This not only shows your enthusiasm but also helps you gauge if the company is the right fit for you. Plus, it gives you a chance to engage with your interviewers!

Underwriting Administrator - Financial Lines in London
Starr Companies
Location: London
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