At a Glance
- Tasks: Support Underwriters by analysing risks and managing data for efficient underwriting processes.
- Company: Dynamic insurance company focused on making a difference in the industry.
- Benefits: Competitive salary, training opportunities, and a collaborative work environment.
- Other info: Opportunity for career growth in a supportive and innovative atmosphere.
- Why this job: Join a team that shapes the future of insurance while developing your skills.
- Qualifications: Strong organisational skills, self-motivated, and keen interest in learning.
The predicted salary is between 63000 - 77000 £ per year.
We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.
This role will be based in London, UK and you are required to have the necessary right to work details prior to application.
This individual will work as a member of the Underwriting Support team reporting to the Manager of Underwriting Support. The role will work closely in alliance with the Central Service team, Process Ownership function and others within International business to ensure Underwriter needs are met. The individual provides hands on assistance to the Underwriters within current Line of Business to ensure they can focus on core Underwriting tasks. The individual will also ensure the team provides support to the Central service team to ensure the timely and accurate capture and update of risk information in our core underwriting systems.
Job Responsibilities & Competence
- New business risk analysis and set up to support the Underwriters including submission downloads, pre-modelling requests, clearance checks, review wordings
- Assisting with rating of accounts and RARC calculations by analysis and input of underwriting information
- Supporting Underwriters by quoting of renewal risks
- Work with Underwriters to identify task opportunities that can be absorbed by UA’s to maximise their time spent Underwriting
- Act as a subject matter expert for the Central team for your line of business to share product specific updates and changes
- Attending Underwriting and Client meetings (internally & externally) to help create and maintain existing relationships
- Triaging endorsements and adjustment requests to support Central Service
- Management of E-trading requests (attending meetings and authorising tasks)
- Assisting and contributing with Underwriter Presentations and Business Planning
- Working with the Delegated Authority team with Lineslip and Binder EPI Entry and adjustments
- Provide assistance with independent audit and peer review requests
- Work alongside the Finance team to ensure credit control queries are resolved in the agreed timelines
- Act on exception reports in a timely manner to ensure accurate risk details are maintained on Underwriting Systems
- Support the continuous improvement of processes by identifying opportunities and supporting route cause problem solving activity
- Conduct data analysis and compile reports requested to support underwriters
- Participation in IT enhancements and upgrades for Underwriting systems
- Other ad hoc tasks aligned to International Operations
Experience & Skills
- Strong organisational skills with the ability to handle a variety of duties within a timely and accurate manner
- Self-motivated and mature approach, with ability to take initiative to work alone but also work collaboratively and contribute to the culture as part of a small team
- Keen to develop skills through training & further learning
- A good example and advocate of the Hartford behaviours
- A good level of numeracy & analytical skills
- Detail oriented with ability to manage data, highlight potential issues and work with the team to resolve
- Keen interest in current affairs in the world around us
- Good knowledge of Microsoft Office (Excel, Word & Outlook)
Underwriting Assistant - Upstream Energy employer: The Hartford
As a leading insurance company, we pride ourselves on fostering a culture of innovation and collaboration, where every team member is empowered to make a meaningful impact. Located in the heart of the UK, we offer competitive benefits, professional development opportunities, and a supportive environment that encourages personal and career growth. Join us to be part of a dynamic team dedicated to shaping the future of small business insurance while achieving your own aspirations.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriting Assistant - Upstream Energy
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like The Hartford). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like The Hartford. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Underwriting Assistant - Upstream Energy
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at The Hartford.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at The Hartford. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at The Hartford
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at The Hartford to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at The Hartford, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding The Hartford's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
