At a Glance
- Tasks: Support underwriting teams with data entry, quality checks, and internal communications.
- Company: Join Starr, a global leader in commercial insurance with over a century of expertise.
- Benefits: First-class training, career growth opportunities, and an inclusive work environment.
- Other info: Embrace a supportive team atmosphere and drive your career forward 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 attention to detail.
The predicted salary is between 36000 - 60000 £ 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 escape 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.
- 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 year 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 Insurance Companies
At Starr, we pride ourselves on being an exceptional employer, fostering an entrepreneurial culture that encourages innovation and impactful decision-making. Our commitment to employee growth is evident through first-class training and development opportunities, ensuring that you can advance your career in the dynamic insurance sector. With accessible leadership and a focus on inclusivity, working at our London office means being part of a supportive team dedicated to delivering tailored solutions for our clients while enjoying a vibrant work environment.
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 with current employees at Starr. A friendly chat can sometimes lead to opportunities that aren’t even advertised.
✨Tip Number 2
Prepare for interviews by researching Starr’s culture and values. Show us how your skills align with our mission to innovate and build client relationships. We love candidates who are genuinely excited about what we do!
✨Tip Number 3
Practice your responses to common interview questions, but keep it natural. We want to see your personality shine through! Use examples from your past experiences to demonstrate your skills and work ethic.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank you email can leave a lasting impression. It shows us that you’re keen and professional, which is exactly what we’re looking for.
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 do at Starr!
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:In underwriting, attention to detail is key. Make sure your application is free from typos and errors. We appreciate candidates who take the time to double-check their work, so show us you’re one of them!
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, you’ll find all the info you need about the role and our company culture there!
How to prepare for a job interview at Starr Insurance 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. Show them you can spot errors and ensure accuracy in your work.
✨Understand the Industry
Familiarise yourself with the basics of commercial insurance and financial lines. Being able to speak knowledgeably about the industry will impress your interviewers and show that you're genuinely interested in the role and the company.
✨Demonstrate Attention to Detail
This role requires a high level of accuracy. Prepare examples from your past experiences where your attention to detail made a difference. Whether it’s catching a mistake or ensuring all documentation is complete, highlight your meticulous nature.
✨Show Your Team Spirit
Starr values collaboration, so be ready to discuss how you've worked effectively in teams before. Share instances where you’ve supported colleagues or contributed to group projects, as this will showcase your ability to build relationships within the company.
