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For Companies At a Glance
- Tasks: Manage underwriting operations and ensure efficient service delivery for the Underwriting Team.
- Company: Established insurance firm with a strong reputation in the London Market.
- Benefits: Competitive salary, generous bonus, and comprehensive benefits package.
- Why this job: Join a dynamic team and enhance your career in the insurance industry.
- Qualifications: Experience in insurance operations and familiarity with London Market processes.
- Other info: Opportunity for professional growth and development in a supportive environment.
The predicted salary is between 47000 - 65000 £ per year.
Overview
Client Onboarding KYC Associate. 5 days in office, Senior HR Manager with Financial Services experience HR Business Partner. to £65,000
This well established client is looking for a Talent Development Specialist. We are looking for a Deputy Group Company Secretary.
Details:
- Date: 16 Jan 2024
- Sector: INSURANCE
- Type: Permanent
- Location: London
- Salary: £55,000 - £65,000 per annum
- Email: Ref: BT7151
Role: Underwriting Operations Business Partner to £65,000
Responsibilities:
- This would be an excellent opportunity for a candidate with insurance operations experience and familiarity with London Market Insurance processes and systems to develop their career and move to this highly regarded underwriters.
- The company offers a full benefits package including a generous on target bonus of 15%.
- The successful candidate will be responsible for the risk administration service delivery by an Outsourced Business Partner, and Underwriting Operations to an Underwriting Team.
- Oversight of the risk administration Standard Operating Procedures, process flow charts and controls relevant to the Political Risks & Political Violence Underwriting Teams.
- Amend documentation annually, or whenever business change is planned.
- Act as the key contact, co-ordinator and point of escalation between the Underwriting Team, Underwriting Operations and the Outsourced Business Partner.
- Respond to queries from all stakeholders to ensure an efficient service is delivered.
- Attend/lead meetings as required with relevant stakeholders.
- Responsible for the management and training of the Underwriting Operations Team members who support the Underwriting Team.
- Standardise services alongside other Underwriting Operations Business Partners who are responsible for different Underwriting Teams, to create flexibility in operational support model during peak periods and business needs.
- Identify opportunities to automate or outsource further tasks and follow governance processes and testing associated with the changes.
- Monitor daily/weekly/monthly KPIs updating Senior Operations and Underwriting Management.
- Ensure workflows remain in service and maintain a high level of data quality.
- Coordinate shared email boxes supporting the Underwriting Team.
- Triage correspondence and action promptly to avoid backlogs.
- Monitor data quality entry by the Outsourced Business Partner and Underwriting Operations Assistants via sample checks and exceptions reports.
- Perform root cause analysis for any issues.
- Support the organisations Board's to maintain a corporate culture, policies and procedures that pay due regard to the interests of customers and treats them fairly at all times.
Underwriting Operations employer: Taylor James Resourcing
Contact Detail:
Taylor James Resourcing Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriting Operations
✨Tip Number 1
Network like a pro! Reach out to people in the insurance industry, especially those working in underwriting operations. Attend events or webinars, and don’t be shy about asking for informational interviews. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their approach to risk administration and how they handle client onboarding. Tailor your responses to show how your experience aligns with their needs, especially in the London Market Insurance processes.
✨Tip Number 3
Showcase your skills in data quality management and process optimisation during interviews. Be ready to discuss specific examples where you’ve improved workflows or implemented new procedures. This will demonstrate your value to the Underwriting Operations team.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities that might just be perfect for you. Plus, it’s a great way to ensure your application gets seen by the right people. Let’s get you that dream job!
We think you need these skills to ace Underwriting Operations
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Underwriting Operations role. Highlight your insurance operations experience and any familiarity with London Market Insurance processes. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this position. Share specific examples of your past experiences that relate to the responsibilities mentioned in the job description.
Showcase Your Communication Skills: Since you'll be acting as a key contact and coordinator, it's essential to demonstrate your communication skills in your application. Use clear and concise language, and make sure to proofread for any errors before submitting!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at Taylor James Resourcing
✨Know Your Insurance Operations
Make sure you brush up on your knowledge of insurance operations, especially within the London Market. Familiarise yourself with key processes and systems relevant to underwriting operations, as this will show your potential employer that you're ready to hit the ground running.
✨Prepare for Stakeholder Engagement
Since you'll be acting as a key contact between various teams, practice how you would communicate effectively with different stakeholders. Think about examples from your past experiences where you've successfully managed relationships or resolved conflicts.
✨Showcase Your Analytical Skills
Be ready to discuss how you've handled data quality and performance metrics in previous roles. Prepare specific examples of how you've monitored KPIs or conducted root cause analysis, as these skills are crucial for the role.
✨Demonstrate Leadership and Training Experience
As you'll be responsible for managing and training team members, think of instances where you've led a team or mentored someone. Highlight your approach to fostering a collaborative environment and how you ensure everyone is aligned with operational goals.
