Underwriting Assistant /Insurance Administration in London
Underwriting Assistant /Insurance Administration

Underwriting Assistant /Insurance Administration in London

London Full-Time 30000 - 40000 £ / year (est.) No home office possible
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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 Administration in London employer: The London P&I Club

As a globally recognised marine insurer based in London, we offer a dynamic and collaborative work environment that prioritises employee growth and development. Our hybrid working arrangement allows for flexibility, while our commitment to tailored insurance solutions ensures that every team member plays a vital role in supporting the global shipping community. Join us to be part of a company that values attention to detail and fosters a culture of excellence within the regulated insurance sector.
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Contact Detail:

The London P&I Club Recruiting Team

StudySmarter Expert Advice 🤫

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

✨Tip Number 1

Network like a pro! Reach out to people in the marine insurance industry on LinkedIn or at events. A friendly chat can open doors that a CV just can't.

✨Tip Number 2

Prepare for interviews by researching the company and its values. Show us you understand our mission in providing tailored insurance solutions, and how you can contribute to that.

✨Tip Number 3

Practice your communication skills! As an Underwriting Assistant, you'll need to juggle multiple tasks and communicate effectively. Mock interviews with friends can help you nail this.

✨Tip Number 4

Don't forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you're genuinely interested in joining our team.

We think you need these skills to ace Underwriting Assistant /Insurance Administration 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 Processing
IT Proficiency in Microsoft Office
Clerical Skills
Problem-Solving Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience and skills that match the Underwriting Assistant role. We want to see how your background aligns with our needs, so don’t be shy about showcasing your organisational skills and attention to detail!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re excited about joining our team and how you can contribute to our underwriting operations. Keep it concise but engaging – we love a bit of personality!

Showcase Your IT Skills: Since technical IT skills are important for this role, make sure to mention your Microsoft experience clearly. If you’ve worked with spreadsheets or data entry before, let us know how you’ve used these tools effectively in past roles.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re keen on being part of our dynamic team!

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

✨Know Your Stuff

Make sure you understand the basics of marine insurance and the specific role of an Underwriting Assistant. Brush up on key terms like Protection and Indemnity (P&I) cover, and be ready to discuss how your skills can support the underwriting team.

✨Show Off Your Organisational Skills

Since attention to detail is crucial for this role, prepare examples from your past experience where you've successfully managed multiple tasks or deadlines. Highlight any tools or methods you use to stay organised, especially with data entry and document preparation.

✨Communicate Clearly

As communication is key in this position, practice articulating your thoughts clearly and concisely. Be prepared to discuss how you would handle account queries or communicate with members and brokers, showcasing your interpersonal skills.

✨Familiarise Yourself with IT Tools

Since technical IT skills are important, make sure you're comfortable with Microsoft Office, particularly Excel. If you have experience with any other relevant software, mention it! You might even want to bring a sample spreadsheet to demonstrate your proficiency.

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

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