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- Tasks: Oversee risk administration and support the Underwriting Team in delivering efficient services.
- Company: Reputable insurance firm with a strong focus on career development.
- Benefits: Highly competitive salary, generous bonus, and comprehensive benefits package.
- Why this job: Join a dynamic team and make a real impact in the insurance industry.
- Qualifications: Experience in insurance operations and knowledge of London Market processes.
- Other info: Great opportunities for growth and a supportive work culture.
The predicted salary is between 55000 - 65000 £ per year.
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 a 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.
Main duties:- Oversight of the risk administration Standard Operating Procedures, process flow charts and controls relevant to the 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 Business Partner employer: Taylor James Resourcing
Contact Detail:
Taylor James Resourcing Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriting Operations Business Partner
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those familiar with underwriting operations. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of London Market Insurance processes. We recommend creating a cheat sheet of key terms and concepts to help you shine when discussing your experience.
✨Tip Number 3
Don’t just wait for job alerts! Actively search for opportunities on our website and apply directly. This shows initiative and can set you apart from other candidates who are just waiting for emails.
✨Tip Number 4
Follow up after interviews! A quick thank-you email reiterating your interest in the role can keep you top of mind. Plus, it’s a great chance to highlight any points you might have missed during the interview.
We think you need these skills to ace Underwriting Operations Business Partner
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Underwriting Operations Business Partner role. Highlight your insurance operations experience and any familiarity with London Market Insurance processes. We want to see how your skills match 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 role. Be sure to mention your experience with risk administration and how you can contribute to our team. We love a good story!
Showcase Your Communication Skills: As a key contact between teams, strong communication is essential. In your application, give examples of how you've effectively managed stakeholder queries or led meetings in the past. We want to know you can keep everyone on the same page!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates. Plus, it’s super easy!
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 that are relevant to the role. This will not only help you answer questions confidently but also show your genuine interest in the field.
✨Prepare for Scenario-Based Questions
Expect to face scenario-based questions that assess your problem-solving skills and ability to manage stakeholder relationships. Think of examples from your past experience where you've successfully handled similar situations, particularly in risk administration or team management.
✨Showcase Your Communication Skills
As a key contact and coordinator, strong communication skills are essential. Be ready to discuss how you've effectively communicated with various stakeholders in previous roles. Highlight any experience leading meetings or training team members, as this will demonstrate your leadership capabilities.
✨Demonstrate Your Analytical Mindset
The role involves monitoring KPIs and performing root-cause analysis. Prepare to discuss how you've used data to drive decisions in your past roles. Bring examples of how you've identified opportunities for automation or process improvements, as this aligns perfectly with the job's requirements.
