At a Glance
- Tasks: Support the Cyber & Technology team in managing diverse risks and client relationships.
- Company: Join a leading insurance firm known for innovation and collaboration.
- Benefits: Gain valuable experience, competitive salary, and opportunities for professional growth.
- Other info: Exciting projects and a supportive environment for career development.
- Why this job: Be part of a dynamic team shaping the future of technology insurance.
- Qualifications: Strong communication skills, attention to detail, and a willingness to learn.
The predicted salary is between 30000 - 40000 £ per year.
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
- Demonstratable 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. Actively participates as a member of a team; develops and builds cohesive team relations to produce required outputs; possesses knowledge and understanding of colleagues work.
- 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. Persevering even under pressure or crisis situations and uses ways that foster strength and growth, often emerging stronger than before.
- Future Focused: Anticipates changes in regulations, technology and client needs, proactively responding to key trends happening in the industry. Thinks about the future through identifying opportunities and obstacles whilst planning effectively.
Assistant Underwriter - Cyber & Technology in London employer: vavemga
Canopius is an exceptional employer, offering a dynamic work environment in the heart of London where innovation meets collaboration. With a strong focus on employee growth and development, we provide comprehensive training opportunities and encourage our team members to take initiative in their roles. Our inclusive culture fosters positive relationships with colleagues and clients alike, making Canopius a preferred choice for those seeking a meaningful career in the Cyber & Technology sector.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Underwriter - Cyber & Technology in London
✨Dive into Insurance Networking Events
Get your foot in the door by attending local insurance networking events or job fairs. These gatherings are perfect for us to meet potential employers in a casual setting, and you might just find a great connection to help land that entry-level role!
✨Join Online Insurance Communities
Hop onto platforms like LinkedIn or specialised forums centred on insurance. Engage with discussions, ask questions, and showcase your eagerness to break into the industry. This visibility can make you stand out to hiring managers scouring these spaces for fresh talent.
✨Leverage University Resources
If you're fresh out of uni, make sure to utilise your university’s career services. They can connect us with companies looking for entry-level candidates, often before jobs are even advertised. Keep an eye on internship opportunities, as they can lead to full-time positions down the line!
✨Apply Directly Through Us!
Don't forget to check our website for any entry-level openings at vavemga! Applying directly can give you a better chance to showcase your enthusiasm and passion for the insurance field, plus, it shows you’re keen to take the initiative.
We think you need these skills to ace Assistant Underwriter - Cyber & Technology in London
Some tips for your application 🫡
Show Your Customer Service Skills:In the insurance industry, customer service is key! Highlight any experience you have in dealing with clients or customers, whether it's through a part-time job or volunteer work. Remember, we love seeing your potential to communicate effectively and empathise with clients in your application!
Tailor Your CV to Insurance Basics:When crafting your CV, don't forget to include any relevant courses or certifications you've taken in insurance or finance. If you've studied topics related to risk assessment or policy management, mention those! It shows us you're serious about getting into the insurance game.
Craft a Compelling Cover Letter:For entry-level roles, your cover letter is your chance to shine! Share why you're passionate about insurance and how you’re eager to learn and grow in this field. We want to see that you're genuinely excited about building your career with vavemga!
Highlight Your Analytical Mindset:Insurance is all about assessing risks and understanding numbers. Make sure to mention any coursework or experience you have with data analysis or critical thinking. Even if it’s from school projects or personal interests, we want to see that you can think analytically!
How to prepare for a job interview at vavemga
✨Know Your Basics: The Insurance Fundamentals
Understand the core concepts of insurance, such as risk assessment, underwriting, and claims processes. This knowledge will help us demonstrate our familiarity with the industry and prepare us for any technical questions that might pop up during the interview.
✨Prepare for Behavioural Questions
Insurance companies love behavioural interviews! We should think about times we've shown teamwork, problem-solving, and customer service skills. Reflecting on specific experiences will help us come across as reliable candidates who can handle the challenges of the role.
✨Show Enthusiasm for Learning
As this is an entry-level position, it's crucial to express our eagerness to learn and grow within the company. Employers like vavemga want to see that we're enthusiastic about diving into the insurance world and building our knowledge base over time.
✨Research Industry Trends
Staying updated on the latest trends in the insurance sector, like digital transformation and regulatory changes, can set us apart. Mentioning these trends during the interview shows that we’re engaged and have a forward-thinking mindset, aligning well with the company’s goals.