At a Glance
- Tasks: Underwrite airline insurance and build strong broker relationships for new business opportunities.
- Company: Join a leading global insurance organisation with a rich history and innovative approach.
- Benefits: Competitive salary, inclusive culture, and top-notch training for career growth.
- Other info: Dynamic work environment with opportunities for global travel and professional development.
- Why this job: Make an impact in the fast-paced insurance industry while developing your skills.
- Qualifications: Knowledge of airline insurance and strong analytical skills required.
The predicted salary is between 36000 - 60000 £ per year.
Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world. Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.
Responsibilities
- Underwrite profitable business for all sub lines of Airline Insurance in accordance with business plans.
- Develop broker relationships and optimise opportunities for new business.
- Explore client and company knowledge to identify and optimise cross-selling opportunities.
- Global business travel to service existing and prospective client base.
- Ongoing engagement with brokers in order to preserve existing business and follow up on outstanding quotations.
- Adhere to all Starr underwriting standards as outlined in the Underwriting Manual.
- Obtain sign-off for all business that is in excess of agreed authority levels or where any factor falls below rating guidelines.
- Ensure that underwriting documentation, both paper and electronic, is accurate, complete, up-to-date and meets company standards.
- Ensure that the policy wordings and clauses are slip referenced and agreed.
- Ensure that all accounts are contract certain at the time of binding.
- Reconcile and report all premiums due versus received in order to manage credit control.
- Ensure that the file is complete and contains all relevant documents.
- Obtain any outstanding items from the broker or underwriter in readiness for Peer Review.
- Provide technical training to newly joining or less experienced members of the team.
- Delegate tasks for development purposes and provide appropriate support and supervision.
Experience
- Good knowledge of class of business.
- Knowledge of Lloyd’s and London Market processing arrangements for premiums and claims.
- Up-to-date knowledge of claims to inform future underwriting decisions.
- Understanding of Business Plan.
Skills
- Analytical and problem solving skills.
- Negotiation, judgment and decision making skills.
- Strong numeracy skills.
- Professional business writing and presentation skills.
- Strong communicator, both written and oral.
- Technical coaching.
- Business development.
- Report writing.
Systems
- Salesforce.
- MS Office – Excel, Access, Word and Outlook.
Qualifications
- Ongoing ACII accreditation.
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.
Airline Underwriter employer: Starr Underwriting
Starr Insurance Companies is an exceptional employer, offering a dynamic work environment that fosters professional growth and development for Airline Underwriters. With a commitment to inclusivity and merit-based advancement, employees benefit from first-class training opportunities and the chance to engage with a global client base across 128 countries. The collaborative culture encourages strong broker relationships and provides a platform for meaningful contributions in the fast-paced insurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Airline Underwriter
✨Network Like a Pro
Get out there and connect with people in the airline insurance industry. Attend events, join online forums, and don’t be shy about reaching out to potential brokers or colleagues on LinkedIn. Building relationships can open doors that a CV just can’t.
✨Show Off Your Skills
When you get the chance to chat with someone from Starr or any other company, make sure to highlight your analytical skills and problem-solving abilities. Share specific examples of how you've tackled challenges in underwriting before. It’s all about showcasing what you bring to the table!
✨Be Prepared for Interviews
Do your homework on Starr Insurance Companies and the airline insurance market. Know their values, recent news, and how you can contribute to their goals. This will not only impress them but also help you feel more confident during the interview.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in being part of the Starr team.
We think you need these skills to ace Airline Underwriter
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Airline Underwriter role. Highlight relevant experience and skills that match the job description, like your knowledge of the Lloyd’s and London Market processing arrangements.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re the perfect fit for this position. Use it to showcase your analytical skills and problem-solving abilities, and don’t forget to mention your passion for the insurance industry!
Showcase Your Communication Skills:Since strong communication is key in this role, make sure your written application reflects that. Keep your language clear and professional, and double-check for any typos or errors before hitting send.
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 from our team!
How to prepare for a job interview at Starr Underwriting
✨Know Your Stuff
Make sure you brush up on your knowledge of airline insurance and the specific responsibilities outlined in the job description. Familiarise yourself with Lloyd’s and London Market processing arrangements, as well as current trends in the industry. This will show that you're not just interested in the role, but that you’re also prepared to hit the ground running.
✨Build Rapport with Brokers
Since developing broker relationships is key for this role, think about how you can demonstrate your relationship-building skills during the interview. Prepare examples of how you've successfully engaged with brokers or clients in the past, and be ready to discuss how you would approach new relationships in this position.
✨Showcase Your Analytical Skills
As an Airline Underwriter, strong analytical and problem-solving skills are crucial. Be prepared to discuss specific instances where you've used these skills to make decisions or solve problems. You might even want to bring along a case study or example that highlights your ability to analyse data and make informed underwriting decisions.
✨Practice Your Presentation Skills
Given the emphasis on professional business writing and presentation skills, it’s a good idea to practice how you articulate your thoughts. Consider doing a mock interview with a friend or using a mirror to refine your delivery. This will help you feel more confident when discussing your qualifications and experiences during the actual interview.
