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.
- 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.
- Other info: Work in a supportive team and drive your career forward in the insurance sector.
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 employer: Starr Companies
Contact Detail:
Starr Companies Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriting Administrator - Financial Lines
✨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 the position.
✨Tip Number 3
Practice common interview questions and answers. Get a friend to do mock interviews with you. The more comfortable you are, the better you'll perform when it counts!
✨Tip Number 4
Apply through our website for the best chance of getting noticed. Tailor your application to highlight your relevant experience and skills that match the Underwriting Administrator role. Let's get you that job!
We think you need these skills to ace Underwriting Administrator - Financial Lines
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 your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're excited about the role and how you can contribute to our team. Keep it concise but engaging – we love a bit of personality!
Showcase Your Attention to Detail: Since this role requires high attention to detail, make sure your application is free from typos and errors. Double-check everything before hitting send. We appreciate candidates who take pride in their work!
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 shows us you're serious about joining our team at Starr!
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 numerical data. Brush up on your numeracy skills and be prepared to discuss how you've handled data in previous roles or projects. This will show that you’re not just detail-oriented but also comfortable with the analytical side of the job.
✨Familiarise Yourself with Financial Lines
Do some research on financial lines insurance and understand the basics. Being able to speak knowledgeably about the industry will impress your interviewers and demonstrate your genuine interest in the role. It’s all about showing that you’re ready to dive into the specifics of the job.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific situations, like processing unmatched USMs or managing queries. Think of examples from your past experiences where you’ve successfully navigated similar challenges. This will help you illustrate your problem-solving skills effectively.
✨Show Your Team Spirit
Since the role involves working closely with teams and assisting new members, be ready to talk about your teamwork experiences. Share examples of how you’ve contributed to team success or helped others, as this aligns perfectly with the collaborative culture at Starr.