At a Glance
- Tasks: Support the underwriting team with data management and process improvements.
- Company: Join Starr, a global leader in insurance and investment solutions.
- Benefits: Hybrid working model, excellent training, and career development opportunities.
- Other info: Inclusive workplace committed to developing talent and fostering innovation.
- Why this job: Kickstart your underwriting career in a dynamic and supportive environment.
- Qualifications: Strong communication skills and a passion for data and analytics.
The predicted salary is between 25000 - 32000 £ per year.
Overview
About us
Starr is a global insurance and investment organisation providing property and casualty insurance solutions to business and industry.
Starr has grown into one of the world’s fastest‑expanding insurance organisations, writing business in 128 countries across six continents.
Our talented and experienced associates manage risk and ultimately support the profitable growth of organisations in a dynamic, competitive and ever-changing marketplace.
Join us and become part of our talented and passionate workforce.
Our hybrid working model will consist of 3 days per week in the office and 2 days working remotely.
Teams can coordinate specific in-office days to support collaboration and flexibility.
Role Purpose
The Trainee Underwriter role is the first step on the ladder and sets the foundations for an Underwriting career.
The role principally entails providing underwriting and administrative support to the Property (D&F and DUA) underwriting team, working closely with Operations, Exposure Management, Claims and Pricing teams, as well as other business stakeholders, to ensure efficient running of the underwriting process and the accuracy and integrity of the team’s data.
Key Responsibilities
- Prepare and process new and renewal business submissions.
- Ensure underwriting files are complete, accurate and audit-ready, including validating the accuracy and credibility of data being entered into underwriting systems.
- Assist with bordereaux and exposure data validation.
- Track renewal pipelines and monitor key inception dates.
- Provide an effective feedback loop for issues identified and work with the Underwriters to resolve any issues.
- Identify opportunities to improve workflows and processes.
- Communicate with brokers by e-mail and telephone, ensuring the underwriters have all the information required to commute the underwriting process.
- At all times, maintain strong service standards and ensure timely response to requests from underwriters.
- Self-adherence to all regulatory requirements, guidelines and working practices.
- Embody and amplify the IQUW values in all aspects of day-to-day activity.
- Carry out other reasonable tasks as required by line management.
The above duties and responsibilities are not an exhaustive list, and you may be required to undertake other reasonable duties compatible with your experience and competencies.
This description may be varied from time to time to reflect changing business requirements.
Qualifications, skills and experience
- Good communication and relationship building skills
- Keen interest in data and analytics.
- A team player.
- Innovative, curious and keen to generate creative solutions.
- Highly organised clear ability to prioritise and deliver on allocated tasks.
- Desire to provide excellent service and deliver appropriate outcomes.
- Core behavioural competencies
- Innovation and problem solving
- Relationships
- Performance focus
- Communication and influence
- Development of self and others
- Resilience and adaptability
- Additional Information
- A full job description can be seen here
Starr is an equal opportunity employer, which means we will 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.
Trainee Underwriting Technician (Property D&F & DUA) in London employer: Starr
Starr is an excellent employer that prioritises employee growth and development, offering a supportive work culture where learning is at the forefront. With a hybrid working model, employees enjoy the flexibility of working from home while also benefiting from in-person collaboration three days a week. The company fosters a positive environment for professional advancement, making it an ideal place for those looking to make a meaningful impact in their careers.
StudySmarter Expert Advice🤫
We think this is how you could land Trainee Underwriting Technician (Property D&F & DUA) in London
✨Get Clued Up on Insurance Events
Join local insurance events or workshops to network and soak in knowledge about the industry. It's a great way to meet potential employers, like Starr, and show off your enthusiasm for the field. Plus, you’ll gain insights that'll make you stand out during your interviews!
✨Tap into Your University’s Resources
Many universities offer career services specifically tailored for students looking for trainee roles in insurance. Make sure to utilise these—they can connect you with alumni in the industry or help you snag those hidden opportunities that aren't advertised widely!
✨Showcase Your Knowledge
Start a blog or social media account where you can share insights about current trends in insurance. This demonstrates your passion and keeps you in the minds of recruiters at places like Starr. A personal touch always helps in making a memorable impression!
✨Apply Through Our Website & Make It Personal
Don’t just hit 'apply' on the Starr website. Tailor your application to highlight your interest in the insurance sector and showcase any relevant projects or experiences. A few personal touches can go a long way in landing that trainee spot!
We think you need these skills to ace Trainee Underwriting Technician (Property D&F & DUA) in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In the insurance industry, analytical skills are a must. Make sure to showcase any relevant coursework or projects where you've solved complex problems or worked with data. This can really set you apart, especially in your CV or cover letter!
Show Your Interest in the Sector:For a trainee role, it’s super important to demonstrate your genuine interest in insurance. Talk about any internships, part-time jobs, or relevant studies that have sparked your passion for this field. We want to see that you're eager to learn and grow with us at Starr!
Tailor Your Cover Letter to the Role:Your cover letter should reflect your enthusiasm for the trainee position at Starr. Use it to explain why you're excited about a career in insurance and what you hope to learn during your time with us. Make it personal and engaging—it’ll catch our eye for sure!
Include Relevant Certifications or Courses:Even as a trainee, any extra certifications or courses related to insurance can really boost your application. Whether it's online courses or workshops, throw them in your CV to show us that you’re proactive about your professional development. It’ll demonstrate your commitment to stepping into this industry with enthusiasm!
How to prepare for a job interview at Starr
✨Understand the Basics of Insurance
Since you're interviewing for a trainee role in insurance, it’s vital to brush up on the key concepts in the industry. Familiarise yourself with terms like underwriting, risk assessment, and claims processing. It shows your genuine interest and helps you answer those technical questions more confidently.
✨Prepare for Scenario-based Questions
Expect scenario-based questions during your interview! They might dive into how you would handle specific insurance situations or customer complaints. Think about examples from your studies or past experiences where you demonstrated problem-solving and customer service skills. They're looking for how you approach issues in a practical setting.
✨Focus on Your Learning Potential
As a trainee, your eagerness to learn is key. Be ready to discuss what excites you about the insurance field and how you plan to grow within the role at Starr. Highlighting your adaptability and willingness to learn will make a great impression.
✨Show Your People Skills
Insurance is all about building relationships, whether it's with clients or colleagues. Prepare to share experiences where you’ve effectively communicated or worked as part of a team. Remember, your soft skills are just as important as your technical knowledge in this industry!
