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

Underwriting Administrator - Financial Lines in London

London Entry level 25000 - 32000 £ / year (est.) No home office possible
Starr Insurance

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 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.
  • 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 analytical skills.

The predicted salary is between 25000 - 32000 £ 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, thinking aged debt, chasing brokers for missing file documents, etc.
  • 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 Insurance

Starr is an exceptional employer that fosters an entrepreneurial culture, empowering employees to innovate and make impactful decisions in the dynamic field of commercial insurance. With a commitment to employee growth, we offer first-class training and development opportunities, ensuring that every team member can advance their career while building lasting client relationships. Located in a vibrant environment, Starr not only values diversity and inclusion but also invests in its people, making it a rewarding place to work for those seeking meaningful employment.
Starr Insurance

Contact Detail:

Starr Insurance 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 current employees at Starr on LinkedIn or through mutual connections. A friendly chat can give you insider info and might just get your foot in the door.

✨Tip Number 2

Prepare for the interview by researching Starr’s values and recent projects. Show us that you’re not just another candidate; demonstrate how your skills align with our mission to innovate and build client relationships.

✨Tip Number 3

Practice common interview questions, but don’t forget to prepare some of your own! Asking thoughtful questions about the role or team shows us you’re genuinely interested and engaged.

✨Tip Number 4

After your interview, send a quick thank-you email. It’s a simple way to express your appreciation and keep you fresh in our minds as we make decisions. Plus, it shows good manners!

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
Analytical Skills
Project Management
Team Collaboration
Problem-Solving Skills
Numeracy
IT Skills
Time Management
Customer Service Orientation

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 excited about joining Starr and how your background fits with our entrepreneurial culture. Let us know what makes you tick and why you’re the perfect fit for this role.

Show Off Your Attention to Detail: In underwriting, details matter! 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 that you’ve got this covered.

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. We can’t wait to hear from you!

How to prepare for a job interview at Starr Insurance

✨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.

✨Familiarise Yourself with the Industry

Do some research on the insurance sector, especially financial lines. Understand the key terms and concepts that are relevant to the role. This will not only help you answer questions confidently but also demonstrate your genuine interest in the field.

✨Highlight Your Attention to Detail

In this role, attention to detail is crucial. Prepare examples from your past experiences where your meticulous nature made a difference. Whether it’s catching a mistake or ensuring all documentation is complete, make sure to showcase this skill.

✨Prepare Questions for Them

Interviews are a two-way street! Think of insightful questions to ask about the company culture, team dynamics, or growth opportunities. This shows you're engaged and serious about finding the right fit for both you and Starr.

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

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