At a Glance
- Tasks: Support the underwriting team with administration and client communication.
- Company: Join Tokio Marine HCC, a leading global specialty insurer.
- Benefits: Competitive salary, employee benefits, and support for professional qualifications.
- Other info: Hybrid work model with opportunities for growth and development.
- Why this job: Kickstart your underwriting career in a dynamic and supportive environment.
- Qualifications: 1-2 years of experience in a similar role; A levels at Grade C or above.
The predicted salary is between 36000 - 60000 £ per year.
Hybrid: 4 days in the office, 1 day working from home.
Why Tokio Marine HCC? Standing still is not an option in the current world of Insurance. TMHCC are one of the world’s leading Specialty Insurers. With deep expertise in our chosen lines of business, our unparalleled track record and a solid balance sheet, TMHCC evaluates and manages risk like no one else in the industry. Looking beyond profit, empowering our people and delivering on our commitments are at the core of our customer values, and so is a desire to grow and provide creative and innovative solutions to our clients.
Job Purpose: The role is to provide full administrative support to the members of the Underwriting Team based in our Birmingham office. This is an ideal opportunity for candidates in the early stages of their underwriting career to join a highly experienced and respected Professional Risks team who consistently produce profitable results. Training will be provided and study towards professional qualifications is supported.
Key Responsibilities:
- Full administration of FastTrack renewals including liaising with brokers to secure instructions and final processing of the business.
- Dealing with a variety of Mid Term Adjustments including change of addresses, change of names and increased indemnity limits.
- Production of a variety of reports for management.
- Providing day-to-day support of the underwriting team in dealing with incoming telephone queries and where necessary ensuring that matters are referred to the appropriate underwriter.
- Dealing with and resolving a variety of accounting queries including direct debit queries.
- Processing of new business orders on behalf of underwriters.
- General administration of the renewal process including chasing up of outstanding renewals.
- Attending underwriting meetings and taking of minutes as required.
- Undertake any other ad hoc activities/project work required.
Performance Objectives: Providing efficient, accurate and effective administration support to the underwriting team.
Skills And Experience Specification:
- Experience of working within a similar role (typically 1-2 years experience).
- PI underwriting knowledge is desirable but not essential (commercial SME background acceptable).
- Min 3 A levels at Grade C or above (or equivalent).
- Excellent communication skills (verbal and written) to underpin broker development and relationship building.
- IT literate.
- Working towards insurance qualifications is desirable but not essential.
What We Offer: The Tokio Marine HCC Group of Companies offers a competitive salary and employee benefit package. We are a successful, dynamic organization experiencing rapid growth and are seeking energetic and confident individuals to join our team of professionals. The Tokio Marine HCC Group of companies is an equal opportunity employer.
Underwriting Assistant in Birmingham employer: Tokio Marine HCC International
Tokio Marine HCC is an exceptional employer, offering a dynamic work environment in Birmingham that fosters professional growth and development. With a strong commitment to empowering employees, the company provides comprehensive training and support for those pursuing insurance qualifications, alongside a competitive salary and benefits package. The hybrid work model promotes a healthy work-life balance, making it an ideal place for individuals looking to build a rewarding career in the insurance industry.
Contact Details:
Tokio Marine HCC International Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Underwriting Assistant in Birmingham
✨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.
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✨Look Out for Graduate Schemes
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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 Tokio Marine HCC International. 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 in Birmingham
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 Tokio Marine HCC International.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Tokio Marine HCC International. 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 Tokio Marine HCC International
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Tokio Marine HCC International 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 Tokio Marine HCC International, 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 Tokio Marine HCC International'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.
