Underwriting Assistant - Insurance in London
Underwriting Assistant - Insurance

Underwriting Assistant - Insurance in London

London Full-Time 30000 - 40000 £ / year (est.) No home office possible
T

At a Glance

  • Tasks: Support the underwriting team with admin tasks, data entry, and document preparation.
  • Company: Globally recognised marine insurer with a collaborative culture.
  • Benefits: Hybrid working arrangement, competitive salary, and professional development opportunities.
  • Other info: Great opportunity for career growth in a regulated environment.
  • Why this job: Join a dynamic team and contribute to the global shipping community.
  • Qualifications: 2-3 years of commercial experience and strong IT skills, especially in Microsoft.

The predicted salary is between 30000 - 40000 £ per year.

We are a globally recognised marine insurer, providing Protection and Indemnity (P&I) cover to a diverse portfolio of shipowners and charterers. As a key member of the International Group of P&I Clubs, we provide tailored insurance covers to our international membership. Operating from offices in London, Hong Kong, Piraeus, Cyprus, Seoul and Shanghai, we pride ourselves on delivering flexible, member/assured-focused insurance solutions that meet the unique needs of the global shipping community. Our London headquarters serve as the hub for our operations, where we foster a collaborative and dynamic environment within a regulated framework, adhering to both financial and insurance regulatory standards.

We are seeking an Underwriting Assistant to join our busy team based in London. This role offers a hybrid working arrangement.

The Underwriting Assistant is responsible for providing administrative support to the underwriting team. This includes tasks such as data entry, document preparation, and maintaining accurate records. They assist in the evaluation and analysis of insurance applications, ensuring that all necessary information is collected and properly documented.

Additionally, Underwriting Assistants play a key role in communication, both internally and externally. Attention to detail and strong organisational skills are essential for this role, as Underwriting Assistants must manage multiple tasks and deadlines simultaneously. In summary, the Underwriting Assistant role is integral to the success of our underwriting operations.

  • To assist in the provision of ship and renewal documentation for approval by the underwriter, as requested, before input into our operating systems.
  • To assist in the updating of our operating systems to ensure ship information data (name, flag, tonnage etc.).
  • To create and update spreadsheets for various data including chartered fleets and declarations for reinsurers.
  • To assist in checking that any computer input from the previous day is correct.
  • To assist in the production of accounts for members/assureds, and to check balances.
  • To assist in the processing of laid return applications for shipping after lay-ups, as and when required.
  • To assist in the checking and encoding of entry forms for new ships and changes in ownership, as and when received.
  • To assist in dealing with account queries from members/assureds and brokers.
  • To assist in the production of documentation for oil pollution required to allow Members/assureds and brokers to apply for CLC, USCG and ITOPF certification at the request of an underwriter as and when required.
  • To assist in other clerical tasks as and when requested by underwriters.

Experience - 2/3 years commercial experience preferred.

Technical IT skills – Microsoft experience ideally.

Underwriting Assistant - Insurance in London employer: The London P&I Club

As a globally recognised marine insurer based in London, we offer an exceptional work environment that prioritises collaboration and professional growth. Our hybrid working arrangement allows for flexibility, while our commitment to member-focused solutions ensures that every team member plays a vital role in the success of our operations. Join us to be part of a dynamic team where your contributions are valued and you can develop your skills in the insurance industry.
T

Contact Detail:

The London P&I Club Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Underwriting Assistant - Insurance in London

✨Tip Number 1

Network like a pro! Reach out to people in the insurance industry, especially those working in underwriting. Attend events or webinars, and don’t be shy to ask for informational interviews. You never know who might have a lead on that perfect Underwriting Assistant role!

✨Tip Number 2

Show off your skills! Create a portfolio or a personal website showcasing your relevant experience and projects. Highlight your attention to detail and organisational skills, as these are key for the Underwriting Assistant position. Make it easy for potential employers to see what you bring to the table.

✨Tip Number 3

Prepare for interviews by brushing up on your knowledge of marine insurance and the specific duties of an Underwriting Assistant. Practice common interview questions and think about how your past experiences align with the job description. Confidence is key, so get ready to impress!

✨Tip Number 4

Apply through our website! We love seeing applications directly from candidates who are genuinely interested in joining our team. Tailor your application to highlight how your skills and experience match the needs of our underwriting team. Let’s make it happen together!

We think you need these skills to ace Underwriting Assistant - Insurance in London

Data Entry
Document Preparation
Record Maintenance
Insurance Application Evaluation
Communication Skills
Attention to Detail
Organisational Skills
Task Management
Spreadsheet Creation and Management
Account Balancing
IT Proficiency in Microsoft Office
Clerical Skills
Problem-Solving Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experience that match the Underwriting Assistant role. Highlight any relevant administrative support experience, especially in insurance or finance, to show us you’re a great fit!

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 aligns with our needs. Don’t forget to mention your attention to detail and organisational skills!

Showcase Your IT Skills: Since we’re looking for someone with strong Microsoft experience, make sure to mention any specific software you’re familiar with. If you’ve worked with data entry or spreadsheets, let us know how you’ve used these tools effectively.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates about the process!

How to prepare for a job interview at The London P&I Club

✨Know Your Stuff

Familiarise yourself with the marine insurance industry and the specific role of an Underwriting Assistant. Understand the key responsibilities outlined in the job description, such as data entry and document preparation, so you can confidently discuss how your skills align with their needs.

✨Show Off Your Organisational Skills

Since attention to detail and strong organisational skills are crucial for this role, prepare examples from your past experience where you've successfully managed multiple tasks or deadlines. This will demonstrate your ability to thrive in a busy environment.

✨Brush Up on Your IT Skills

Make sure you're comfortable with Microsoft Office, especially Excel, as you'll be creating and updating spreadsheets. If you have any experience with operating systems relevant to underwriting, be ready to talk about it during the interview.

✨Communicate Clearly

As communication is key in this role, practice articulating your thoughts clearly and concisely. Prepare to discuss how you've effectively communicated with team members or clients in the past, as this will show your potential to excel in both internal and external communications.

Underwriting Assistant - Insurance in London
The London P&I Club
Location: London

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

>