Underwriting Assistant

Underwriting Assistant

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

  • Tasks: Support the underwriting team with policy records, communications, and administrative duties.
  • 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 required; 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. Costs and commissions are kept low to ensure competitiveness, and underwriting is focused on profit, rather than income, through a business model that sees us sharing profits with capacity providers. This ethos carries through to the syndicate where support services are centralised and outsourced, and systems are modern and flexible, all adding to an agile style of working.

Provide accurate and timely support to the team, ensuring that policy records are kept up to date. To 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, but is not limited to, 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. Also 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 within 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, ensuring that team members can advance their careers while contributing to the company's continued success.
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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 business model and be ready to discuss how your skills can contribute to their growth. Show them you’re not just another candidate, but someone who gets what they’re all 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 make it happen!

We think you need these skills to ace Underwriting Assistant

Attention to Detail
Organisational Skills
Prioritisation Skills
Time Management Skills
Analytical Ability
Numeracy Skills
Literacy Skills
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 insurance, even if it's not extensive, and show us how you can bring value to our team.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're excited about the role and how your background aligns with our mission at Volante Global. Keep it concise but engaging!

Show Off Your Attention to Detail: In underwriting, accuracy is key. Make sure your application is free from typos and errors. This will demonstrate your attention to detail and commitment to quality, which are crucial for this position.

Apply Through Our Website: We encourage you to apply directly 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 us you’re proactive!

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 key terms and concepts related to underwriting, 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 tight deadlines in the past. Prepare examples that highlight your ability to juggle multiple tasks while maintaining accuracy and attention to detail.

✨Communicate Clearly

Effective communication is key in this role, so practice articulating your thoughts clearly. Whether it's discussing your previous experiences or answering questions, ensure you convey your ideas confidently and concisely. Don't forget to ask insightful questions about the team and their processes!

✨Demonstrate Team Spirit

Volante values teamwork, so be prepared to share examples of how you've collaborated with others in previous roles. Highlight instances where you've assisted colleagues or contributed to a team goal, showcasing your ability to work independently while also being a supportive team player.

Underwriting Assistant
Volante Global
Location: Doncaster
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