Underwriting Assistant

Underwriting Assistant

Stockport 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 needed; just bring your motivation to learn and grow!

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 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 understanding their unique approach to underwriting. Be ready to discuss how your skills align with their ethos of keeping costs low and focusing on profit. Show them you’re not just another candidate, but someone who gets their vision!

✨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 in handling queries and coordinating effectively.

✨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
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 is tailored to the Underwriting Assistant role. Highlight any relevant experience or skills that match the job description, like your attention to detail and organisational skills. We want to see how you can fit into our team!

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. Keep it concise but engaging – we love a bit of personality!

Showcase Your Communication Skills: Since the role involves a lot of coordination and communication, make sure to demonstrate your written communication skills in your application. Whether it's through your CV or cover letter, clarity and professionalism are key!

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 you’re proactive – a quality we value!

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 tight deadlines in the past. Prepare examples that highlight your ability to juggle multiple tasks while maintaining accuracy and attention to detail.

✨Communicate Like a Pro

Effective communication is key in this role. Practice articulating your thoughts clearly and concisely. You might even want to prepare a few questions to ask about their internal coordination processes, which will demonstrate your proactive approach and interest in the team's dynamics.

✨Be a Team Player

Volante values collaboration, so be prepared to discuss how you've worked effectively within a team. Share examples of how you've supported colleagues or contributed to group projects, showcasing your ability to work independently while also being a reliable team member.

Underwriting Assistant
Volante Global
Location: Stockport
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