At a Glance
- Tasks: Support underwriters by processing enquiries and managing underwriting files.
- Company: Join Tokio Marine HCC, a leading specialty insurance group with a collaborative culture.
- Benefits: Enjoy a competitive salary, career development, and a supportive work environment.
- Other info: No prior insurance experience needed; just bring your enthusiasm and attention to detail!
- Why this job: Kickstart your career in insurance while working with a dynamic team in a vibrant office.
- Qualifications: Strong IT skills, excellent organisation, and a proactive attitude are essential.
The predicted salary is between 36000 - 60000 £ per year.
This role is a great opportunity for a strong administrator to join our Marine Liability team providing support to 4 underwriters. No insurance experience is required although it would be advantageous. The role will suit a pro-active, well organised candidate who is interested in the insurance industry. They will be a key member of the team.
Key Responsibilities
- Process broker enquiries (including renewals, new business, quotes etc.) on underwriting databases including Power BI.
- Assist underwriters in the pre-bind underwriting process for new business and renewals, including creating references and setting up front sheets on PowerApps.
- Support the Underwriters during underwriting hours to maximise efficiency in handling broker enquiries.
- Point of Contact for Liaison with the data entry team.
- Ad hoc administration duties including copying, scanning and maintenance of Underwriting files.
- Ensure that aggregate data is correctly captured into our systems.
- Filing of policy documents and information into the ImageRight database to support underwriters with legal compliance and reporting.
- Risk data entry checking.
- Attend underwriter meetings and taking of minutes as required.
- Monitoring of PEGA system to ensure tasks are completed.
- Daily update of SkyTek system for monitoring vessel aggregation in HRA.
- Ad Hoc duties and projects from research work to organising corporate entertainment.
Performance Objective
- To take on the administration for the team from the Underwriters.
- To ensure that underwriting files are complete and correctly recorded.
Essential Skills and Experience Specification:
- Excellent IT skills including data manipulation within Excel is required.
- Proven ability to organise their time and manage multiple priorities.
- Works well in a team environment.
- A minimum of Grades A to C (9 – 4) in GCSE Maths and English (or equivalent).
- Ability to take ownership of tasks and work on their own initiative when required.
- Self-motivated and a proven pro-active approach to their work.
- Always seeking to provide the best support possible to the team.
- Strong numeracy skills.
- Strong communication skills – both written and verbal.
- Excellent attention to detail and a high level of accuracy.
- Service orientated – both to external clients and colleagues.
Desirable
- Previous experience of working within insurance would be an advantage but is not a requirement.
Tokio Marine HCC is a leading specialty insurance group with offices in the United States, the United Kingdom, Europe, and other locations. With the strength and stability that comes from being a member of the Tokio Marine group, and more than fifty years of growth, profitability, and stability, we offer important insurance products that most people do not even know exist. Just as we invest in our company, we invest in our employees' careers. We provide our employees a collaborative and rewarding environment within which to gain the knowledge, skills, and experience that lead to a rewarding career. The Tokio Marine HCC Group of companies is an equal opportunity employer.
Locations
Underwriting Assistant in England, London employer: Tokio Marine HCC
Tokio Marine HCC is an exceptional employer located in the iconic Walkie Talkie building in London, offering a collaborative and rewarding work environment for its employees. With a strong focus on career development, employees are encouraged to grow their skills and knowledge within the insurance industry, supported by a proactive team culture that values initiative and attention to detail. The company also provides a hybrid working model, ensuring a healthy work-life balance while being part of a globally recognised specialty insurance group.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriting Assistant in England, London
✨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 Tokio Marine HCC). 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 Tokio Marine HCC. 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 England, London
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.
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. 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
✨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 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, 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'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.
