Underwriting Assistant

Underwriting Assistant

Liverpool Entry level 30000 - 42000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Support the underwriting team with accurate policy records and effective communication.
  • Company: Join an award-winning international underwriting group experiencing rapid growth.
  • Benefits: Gain valuable experience in a dynamic environment with opportunities for career advancement.
  • Why this job: Be part of a revolutionary company transforming the insurance industry while developing your skills.
  • Qualifications: Strong organisational skills, attention to detail, and a proactive attitude are essential.
  • Other info: No prior insurance experience needed; just bring your motivation to learn!

The predicted salary is between 30000 - 42000 £ per year.

Volante Global are an award winning, multi-class, international underwriting group, delivering niche, specialist (re)insurance products to a broad distribution network. Employing underwriters with a proven track record in Europe, the Middle East and Canada, we have seen unprecedented growth since starting in 2018, growth that is set to continue over the next 3 – 5 years. In January 2022, Volante’s syndicate 1699 was approved by Lloyd’s under the management of Asta, adding an insurance carrier to the existing MGA model. Guided by market-leading practitioners and powered by A+ to AA++ capacity, Volante revolutionised the MGA model by ensuring that we align with the interest of our stakeholders.

Provide accurate and timely support to the team, ensuring that policy records are kept up to date. Undertake work and meet the agreed minimum standards and key performance indicators. Internal and external coordination and communications, both written and spoken, in support of efficient and effective risk entry, processing and solving of queries. This includes communication with senior management, brokers, credit controllers, and other external stakeholders. General administrative duties.

Assist with the completion of pricing models, where necessary. Be the main point of contact for internal underwriting administrative queries, escalating to underwriters where necessary. Awareness of the workloads of others, assisting when necessary to ensure SLAs (Service Level Agreements) are met. Production and drafting of reports as and when required. Sending out renewal reminders to brokers on a monthly basis. Liaise with brokers for policy documents and primary documents to ensure that contract certainty requirements are met.

Experience required:

  • Previous insurance industry knowledge and experience is desirable but not essential.
  • Ability to work efficiently, accurately, and methodically with a high attention to detail.
  • Strong organisational and prioritisation skills with good planning/time management skills to achieve tight deadlines/targets.
  • Ability to work independently, and take reasonable initiative, whilst being a team player.
  • Analytical ability. A high level of numeracy and literacy.
  • Motivated to develop and proactiveness to learn.
  • Strong interpersonal and communication skills.
  • Competent IT skills, including but not limited to Microsoft Word, Excel and Outlook.
  • All round awareness of those aspects of the insurance industry that have a direct bearing on key responsibilities and accountabilities.

Underwriting Assistant employer: Volante Global

Volante Global is an exceptional employer, offering a dynamic work environment that fosters growth and innovation in the insurance sector. With a commitment to keeping costs low and sharing profits with stakeholders, employees benefit from a culture that prioritises collaboration and efficiency. Located in a thriving market, Volante provides ample opportunities for professional development and encourages a proactive approach to learning, making it an ideal place for those seeking a rewarding career in underwriting.
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Contact Detail:

Volante Global Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Underwriting Assistant

✨Tip Number 1

Network like a pro! Reach out to people in the insurance industry, especially those connected to underwriting. Attend events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!

✨Tip Number 2

Prepare for interviews by researching Volante Global and their unique approach to underwriting. Understand their ethos and be ready to discuss how your skills align with their goals. Show them you’re not just another candidate, but someone who truly gets what they’re about.

✨Tip Number 3

Practice your communication skills! As an Underwriting Assistant, you'll need to liaise with various stakeholders. Role-play common scenarios with friends or family to boost your confidence and ensure you can articulate your thoughts clearly.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining our team at Volante Global. Let’s get you that interview!

We think you need these skills to ace Underwriting Assistant

Attention to Detail
Organisational Skills
Prioritisation Skills
Time Management
Analytical Ability
Numeracy
Literacy
Interpersonal Skills
Communication Skills
IT Skills
Microsoft Word
Microsoft Excel
Microsoft Outlook
Proactiveness
Teamwork

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Underwriting Assistant role. Highlight any relevant experience in the insurance industry, even if it's not extensive, and showcase your attention to detail and organisational skills.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're interested in Volante Global and how your background aligns with our ethos. Be sure to mention your motivation to learn and develop within the insurance sector.

Showcase Your Communication Skills: Since the role involves a lot of coordination and communication, make sure to demonstrate your strong interpersonal skills in your application. Use clear and concise language, and don’t shy away from sharing examples of how you've effectively communicated in past roles.

Apply Through Our Website: We encourage you to apply directly through our website for the best chance of getting noticed. It’s the easiest way for us to keep track of your application and ensures you’re considered for the Underwriting Assistant position!

How to prepare for a job interview at Volante Global

✨Know Your Stuff

Before the interview, make sure you brush up on your knowledge of the insurance industry. Familiarise yourself with underwriting processes and terminology, as well as Volante Global's unique approach to the MGA model. This will show that you're genuinely interested and prepared.

✨Show Off Your Organisational Skills

Since the role requires strong organisational and prioritisation skills, be ready to discuss how you've managed multiple tasks in the past. Prepare examples that highlight your ability to meet tight deadlines and how you keep track of important details.

✨Communicate Like a Pro

Effective communication is key in this role. Practice articulating your thoughts clearly and concisely. You might even want to prepare for potential questions about how you would handle internal and external communications, especially with brokers and senior management.

✨Be Ready to Learn

Volante values proactiveness and a willingness to learn. During the interview, express your motivation to develop your skills and knowledge in the insurance sector. Share any relevant experiences where you've taken the initiative to learn something new or improve your work processes.

Underwriting Assistant
Volante Global
Location: Liverpool
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