At a Glance
- Tasks: Assist in assessing insurance risks and processing policy changes with a keen eye for detail.
- Company: Join the UK's largest specialist motor insurer, part of a global insurance powerhouse.
- Benefits: Comprehensive training, competitive salary, and opportunities for personal development.
- Other info: Inclusive workplace with a focus on growth and development.
- Why this job: Kickstart your career in underwriting and make a real difference in clients' lives.
- Qualifications: Detail-oriented, computer literate, and strong interpersonal skills required.
The predicted salary is between 30000 - 40000 £ per year.
ERS Syndicate 218 at Lloyds is managed by Starr. We are the UK’s largest specialist motor insurer with an A+ rating and have been making motoring passions and livelihoods possible since 1946. We work exclusively with motor insurance brokers to help get under the skin of the most difficult insurance risks, helping build products to meet their customer’s needs. Starr is a global insurance and investment organisation providing property and casualty insurance solutions to business and industry.
As an Assistant Underwriter at ERS you’ll be helping our Teams research and assess the risk each Policy presents. Your main responsibilities will be to help us capture all the key information we need to decide whether we can offer insurance or make changes to an existing policy. You’ll do this using the comprehensive training you have received from one of our resident experts on department, referring to Underwriting Guides and experienced colleagues when you need support. No two policies are ever the same, so a keen eye for detail and accuracy are top of our list of requirements.
Working at our Contact Centre in Swansea, South Wales, you’ll join one of our specialist teams focussed on providing bespoke products that protect our clients’ livelihoods and the vehicles they care so much about.
Key responsibilities:- Working within set guidelines / authority framework to process new business quotes, renewals, mid-term amendments and cancellations.
- Liaising with our Underwriters for support with risks that fall outside of agreed underwriting authority.
- Always aiming to get things right first time, achieving the agreed levels of quality that help make it easy for clients to choose us as their insurer.
- Achieve personal performance targets working collaboratively with others to deliver results which help ERS achieve our business plans and strategy.
- Act as our first line of defense - understand and adhere to the zero-tolerance fraud strategy by identifying and referring potentially fraudulent activity to our Policy Validation Unit.
- Working within all regulatory requirements and guidelines – both internal and external.
- Proactively seek to learn and develop to ensure your best possible performance.
- Support and consistently demonstrate the behaviours expected in the high-performance culture at ERS.
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:- A keen eye for detail and high level of accuracy.
- Computer literate with the ability to use all standard Microsoft Office applications inc. Word, EXCEL and Outlook.
- Strong interpersonal skills and customer focus that aims to provide the best outcome every time.
- Tenacity and resilience – willing and able to adjust to change and adept at multi-tasking.
- Analysis and decision making.
- Innovation and problem solving.
- Relationships.
- Communication and influence.
- Development of self and others.
- Resilience and adaptability.
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.
Assistant Underwriter in Swansea employer: Starr
At ERS Syndicate 218, we pride ourselves on being the UK’s largest specialist motor insurer, offering a dynamic work environment in Swansea that fosters growth and development. As an Assistant Underwriter, you'll benefit from comprehensive training and support from experienced colleagues, ensuring you thrive in your role while contributing to our high-performance culture. Join us to be part of a passionate team dedicated to delivering bespoke insurance solutions and making a meaningful impact in the industry.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Underwriter in Swansea
✨Tip Number 1
Network like a pro! Reach out to current employees at ERS or in the underwriting field on LinkedIn. A friendly chat can give you insider info and maybe even a referral!
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of motor insurance and underwriting principles. Show us you’re keen and ready to dive into the details!
✨Tip Number 3
Practice your responses to common interview questions, especially around risk assessment and customer focus. We want to see how you think on your feet!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team!
We think you need these skills to ace Assistant Underwriter in Swansea
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Assistant Underwriter role. Highlight any relevant experience or skills that match the job description, like attention to detail and customer focus. We want to see how you can fit into our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're interested in underwriting and how your background makes you a great fit for ERS. Don’t forget to mention your enthusiasm for learning and development – we love that!
Showcase Your Skills:In your application, be sure to showcase your computer literacy and any experience with Microsoft Office. If you've got examples of problem-solving or analysis, throw those in too! We’re looking for someone who can adapt and thrive in a dynamic environment.
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy and ensures your application goes straight to us. Plus, you’ll get to see all the other opportunities we have at Starr!
How to prepare for a job interview at Starr
✨Know Your Stuff
Before the interview, make sure you understand the basics of underwriting and the specific role of an Assistant Underwriter. Familiarise yourself with common insurance terms and concepts, as well as the unique offerings of ERS Syndicate 218. This will show your enthusiasm and readiness to dive into the role.
✨Show Off Your Attention to Detail
Since a keen eye for detail is crucial for this position, prepare examples from your past experiences where your attention to detail made a difference. Whether it’s a project at school or a previous job, be ready to discuss how your accuracy helped achieve positive outcomes.
✨Demonstrate Your Customer Focus
As an Assistant Underwriter, you'll need strong interpersonal skills. Think of instances where you went above and beyond for a customer or resolved a tricky situation. Highlighting these experiences will illustrate your commitment to providing the best outcomes for clients.
✨Be Ready to Adapt
The insurance industry can change rapidly, so be prepared to discuss how you've handled change in the past. Share examples that showcase your resilience and adaptability, as these traits are essential for thriving in a dynamic environment like ERS.