At a Glance
- Tasks: Support the reinsurance team with system updates, debt chasing, and month-end processes.
- Company: Leading Lloyd’s underwriter with a stellar market reputation.
- Benefits: Competitive salary, dynamic work environment, and opportunities for growth.
- Other info: Based in vibrant City of London, perfect for networking and career advancement.
- Why this job: Kickstart your career in insurance with hands-on experience in a supportive team.
- Qualifications: Strong academics with at least three B grades at A level or equivalent.
The predicted salary is between 26000 - 28000 £ per year.
This leading Lloyd’s underwriter has an excellent market reputation and is looking for a new member of staff for their reinsurance team. The ideal candidate will have some insurance exposure and strong academics (a minimum of three B grades at A level or equivalent). This role will be based in their City of London office five days a week.
Responsibilities:
- Reinsurance system updating, maintenance, and exception review/resolving
- Importing and matching LORS in a timely manner
- Clearing underwriting messages in a timely manner
- Maintaining filing for the team, as required
- Chasing aged debt, as required
- Credit Control
- Assist team with Month-end processes
- Assisting with Quota share processes and issuing accounts
- Issuing premium adjustments
- Assist with historic queries/data cleansing
- Adhoc tasks as required by the team
Insurance Support Technician (Trainee) – Reinsurance Operations in London employer: Taylor James Resourcing
As a Trainee Insurance Support Technician at this prestigious Lloyd’s underwriter, you will join a dynamic team in the heart of London, where a supportive work culture fosters collaboration and professional growth. The company offers competitive salaries, comprehensive training programmes, and opportunities for career advancement within the thriving insurance sector, making it an excellent employer for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Insurance Support Technician (Trainee) – Reinsurance Operations in London
✨Tip Number 1
Network like a pro! Reach out to people in the insurance industry, especially those working in reinsurance. A friendly chat can open doors and give you insights that job descriptions just can't.
✨Tip Number 2
Prepare for interviews by practising common questions related to insurance support roles. We recommend role-playing with a friend or using online resources to boost your confidence and refine your answers.
✨Tip Number 3
Showcase your skills! Create a portfolio or a presentation that highlights your academic achievements and any relevant experience. This can set you apart from other candidates and demonstrate your commitment to the role.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Insurance Support Technician (Trainee) – Reinsurance Operations in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Insurance Support Technician role. Highlight any relevant experience or skills that match the job description, especially if you have insurance exposure or strong academics.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're interested in the role and how your background makes you a great fit. Keep it concise but engaging – we want to see your personality!
Showcase Your Attention to Detail:Since the role involves tasks like updating systems and maintaining files, it's crucial to demonstrate your attention to detail. Mention any experiences where you've successfully managed data or resolved issues effectively.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates!
How to prepare for a job interview at Taylor James Resourcing
✨Know Your Insurance Basics
Before heading into the interview, brush up on your insurance knowledge, especially around reinsurance operations. Familiarise yourself with terms like LORS and quota share processes, as this will show your potential employer that you're genuinely interested in the role.
✨Showcase Your Academic Achievements
Since the ideal candidate should have strong academics, be ready to discuss your A-levels or equivalent qualifications. Highlight how your academic background has prepared you for the responsibilities of the role, particularly in areas like data management and analytical skills.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific situations, such as resolving underwriting messages or managing aged debt. Think of examples from your past experiences or hypothetical scenarios where you can demonstrate your problem-solving skills and attention to detail.
✨Ask Insightful Questions
At the end of the interview, don’t forget to ask questions! Inquire about the team dynamics, the tools they use for reinsurance system updates, or how success is measured in this role. This shows your enthusiasm and helps you gauge if the company is the right fit for you.
