Assistant Underwriter - Cyber & Technology

Assistant Underwriter - Cyber & Technology

Entry level 30000 - 40000 € / year (est.) No home office possible
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At a Glance

  • Tasks: Support the Cyber & Technology team in managing diverse risks and client relationships.
  • Company: Join a leading firm in the insurance industry with a focus on innovation.
  • Benefits: Gain valuable experience, competitive salary, and opportunities for professional growth.
  • Other info: Collaborative environment with exciting projects and career advancement potential.
  • Why this job: Be part of a dynamic team shaping the future of technology and cyber insurance.
  • Qualifications: Strong communication skills, attention to detail, and a willingness to learn.

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

The Role

To provide support to the Cyber & Technology team in London in running a diverse portfolio of open market risks, lineslips and delegated authorities business emanating from multiple platforms, brokers and territories.

Responsibilities will include:

  • To assist underwriters in the underwriting of Technology & Cyber business.
  • To assist in the development and maintenance of good working relationships with brokers and clients to establish Canopius as a preferred market for Technology & Cyber business.
  • Assist in preparation of all necessary contract documentation for referral, new and renewal business.
  • Binder administration including bordereaux management, DUA liaison, EPI monitoring and assisting in the preparation of data as appropriate.
  • Monitoring underwriters’ workloads and reporting to ensure all risks are processed within required timeframes.
  • Act as the point of contact and liaison for query resolution between underwriting support and underwriters.
  • Weekly/monthly/annual reporting including preparing data for weekly meetings, reinsurance and any other ad-hoc management reporting request.
  • Assist claims when policy information is required.
  • Manage various short and long term projects as assigned by underwriters.
  • Attend relevant client meetings and underwriting calls.

Skills:

  • Accuracy and numeracy
  • Intermediate/advanced desktop abilities (Excel, Word, Outlook, PowerPoint)
  • Able to communicate effectively through written and verbal communication
  • Capable of working on own initiative
  • Ability to manage time, meet deadlines and prioritise tasks.
  • Willingness and desire to learn
  • Attention to detail and accuracy
  • Ability to manage workload efficiently
  • Demonstrable problem solving abilities
  • Cultivates and maintains positive relationships with relevant internal or external stakeholders, effectively involving and communicating with them to drive collaboration, support, and alignment towards shared goals.
  • Collaboration and teamwork: Works effectively with team, project or other work groups or those outside formal line of authority to accomplish goals.
  • Adapting to change: Adjusts thoughts, feelings, and behaviours to handle new, challenging, or complex situations; embracing change as a growth opportunity when working within new work structures, processes, regulations, or requirements.
  • Analyses current and future state business requirements and identify strategies to continuously improve products, services or processes.
  • Guide and inspire others to achieve results to enhance efficiency, quality and consistency.
  • Creates, develops and implements new ideas to enhance new or improved processes, systems, solutions, products or services; tries different and novel ways to deal with problems and opportunities.
  • Resilience: The ability to cope with and recover from setbacks, challenges or difficulty.
  • Future Focused: Anticipates changes in regulations, technology and client needs, proactively responding to key trends happening in the industry.

Assistant Underwriter - Cyber & Technology employer: vavemga

At Canopius, we pride ourselves on being an exceptional employer, offering a dynamic work environment in the heart of London where innovation meets collaboration. Our commitment to employee growth is evident through comprehensive training programmes and opportunities to engage with industry leaders, ensuring that our team members thrive in their careers while contributing to our diverse portfolio in Cyber & Technology. With a strong focus on teamwork and a culture that embraces change, we empower our employees to take initiative and drive meaningful results in a rapidly evolving market.

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Contact Detail:

vavemga Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land Assistant Underwriter - Cyber & Technology

Tip Number 1

Network like a pro! Reach out to people in the Cyber & Technology field on LinkedIn or at industry events. Building relationships can open doors and give you insider info on job opportunities.

Tip Number 2

Prepare for interviews by researching the company and its culture. Understand their approach to Cyber & Technology underwriting, and be ready to discuss how your skills align with their needs.

Tip Number 3

Showcase your problem-solving abilities during interviews. Share examples of how you've tackled challenges in previous roles, especially those that relate to accuracy and attention to detail.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.

We think you need these skills to ace Assistant Underwriter - Cyber & Technology

Underwriting Support
Contract Documentation Preparation
Bordereaux Management
Data Monitoring and Reporting
Effective Communication
Time Management
Attention to Detail

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Assistant Underwriter role. Highlight your experience with Cyber & Technology, and don’t forget to showcase your skills in accuracy and numeracy. We want to see how you can bring value to our team!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the Cyber & Technology sector and how your background makes you a great fit for us. Keep it engaging and personal – we love to see your personality!

Showcase Your Skills:In your application, make sure to highlight your intermediate/advanced skills in Excel, Word, and other tools. We’re looking for someone who can manage data effectively, so give us examples of how you've used these skills in past roles.

Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!

How to prepare for a job interview at vavemga

Know Your Cyber & Tech Stuff

Make sure you brush up on the latest trends and challenges in the Cyber & Technology sector. Familiarise yourself with key terms and concepts that are relevant to the role, as this will show your genuine interest and understanding of the industry.

Showcase Your Communication Skills

Since you'll be liaising with brokers and clients, practice articulating your thoughts clearly and confidently. Prepare examples of how you've effectively communicated in past roles, especially in challenging situations, to demonstrate your ability to build relationships.

Be Ready for Data Discussions

As the role involves a lot of data management and reporting, be prepared to discuss your experience with tools like Excel. Think of specific instances where you've used data to solve problems or improve processes, as this will highlight your analytical skills.

Demonstrate Your Adaptability

The Cyber & Technology landscape is always changing, so be ready to talk about how you've adapted to new challenges in the past. Share examples of how you've embraced change and turned it into an opportunity for growth, which will show your resilience and forward-thinking mindset.