Document Management: Scanning, uploading, and organizing documents related to applications, quotes, and underwriting decisions.
Inputting Policy Data: Entering information from insurance documentations into the company’s underwriting system.
Updating Client Information: Maintaining and updating existing policies, including coverage changes, endorsements etc.
Policy Checks; Preparing reports for the Underwriters, including performing sanctions checks.
Data Verification: Reviewing and verifying the accuracy of data entered, ensuring it matches supporting documents or source information.
Training Outcome:The primary purpose of the Underwriting Support Assistant role is to perform tasks supporting the existing Underwriting book of business, whilst developing the necessary skillset to liaise with key internal stakeholders.Employer Description:AXA XL is a dynamic and innovative leader in the global insurance industry, renowned for its commitment to providing tailored solutions and fostering a collaborative, inclusive culture. As part of the AXA Group, AXA XL offers exciting opportunities for professionals eager to make a meaningful impact through cutting-edge risk management and specialty (re)insurance services.
With a focus on innovation, continuous learning, and career development, AXA XL empowers its employees to thrive in a fast-paced environment while contributing to impactful projects that shape the future of risk solutions worldwide. Join AXA XL and be part of a forward-thinking team dedicated to excellence and growth.Working Hours :Monday to Friday - 35 hour work week. Shifts TBCSkills: Communication skills,IT skills,Attention to detail,Organisation skills,Problem solving skills,Presentation skills,Administrative skills,Analytical skills,Team working,Creative....Read more...
Partners& is a growing business that is passionate about our people and our clients. Our purpose is to interact with clients in a more holistic and dynamic way and to challenge the norm. We have created an ecosystem that includes other like-minded professionals & we believe having great individuals in our business makes for a great client experience.
A key element of our proposition is Virtu Underwriting, a team of dedicated professionals who work on behalf of a range insurance capacity providers to assess, rate, and bind risks for them.
We are seeking an apprentice assistant underwriter to work within the Virtu Underwriting team. The purpose of the role is to support our internal clients when placing cover. The role will include operational tasks such as loading information onto our IT systems, taking responsibility for inbox management, running a task diary, speaking to providers & internal clients alike, producing reports and documentation, building relationships within & outside of the organisation, contributing any suggestions for improvement for the team & its processes and actively participating in the business and its initiatives.
This role gives the successful applicant a fantastic opportunity to learn about underwriting in the risk advisory & insurance sector.
Responsibilities:
To provide the highest quality of underwriting service to colleagues and clients
To deliver demonstratably good service to colleagues and clients
Work closely with others in the business to complete defined tasks that support our underwriting processes
Provide demonstrable proactive service to internal and external stakeholders and business partners
Training:
Fully funded learning and development programme that includes the Cert CII
Develop the knowledge, skills, and behaviours of successful Insurance Practitioners
Role-specific route ways tailor the apprenticeship to the job role
Assistant Underwriter
Free CII membership for non-members through the CII Aspire Apprenticeship Programme
Includes the CII study e-books and exam entries
Resit costs for CII exams and End-Point-Assessment will be covered by the employer
Fortnightly workshops for each CII exam
All workshops recorded and available on-demand
Interactive chat, forums and class notebooks for real time support and assistance from experienced and qualified insurance professionals
Exam tips, tricks, and strategies
Regular tutorials and assessments with your dedicated trainer
Training Outcome:
Partners& has a clear career framework with opportunities for progression and promotion
Partners& also has its own academies where attendees can learn new skills and knowledge to achieve a successful career in the insurance industry
Employer Description:Partners& is an award-winning insurance broker. Having launched in 2020, our aim is to be the best advisory business in the UK. We focus on partnership with our clients and our specialties include Home, Travel, Asset, Events & Business Insurance. Partners& are nationwide with around 500 employees.Working Hours :Monday to Thursday, 9.00am- 5.30pm (1 hour lunch break) Friday, 9.00am- 5.00pm (1 hour lunch break).Skills: Communication skills,IT skills,Attention to detail,Organisation skills,Administrative skills,Analytical skills,Team working,Motivated,Open minded,Keen to learn,Proactive....Read more...
Collaborate with different teams to understand various aspects of the insurance business
Support day-to-day operations, from data analysis to client interactions
Assist with the creation of reports, presentations, and other essential documents
Gain exposure to key areas of the business
Develop the skills and confidence to thrive in a corporate setting
Contribute to projects and initiatives that drive innovation and improve processes
Gain a qualification and kick-start your career with hands-on experience
Training Outcome:
Underwriting Performance Assistant
Employer Description:Standing still is not an option in the dynamic world of insurance. At Tokio Marine HCC, we are one of the world’s leading specialty insurers. With deep expertise in our chosen lines of business, our unparalleled track record, and a solid balance sheet, TMHCC evaluates and manages risk like no one else in the industry. Looking beyond profit, empowering our people, and delivering on our commitments are at the core of our customer values. We are committed to growth and providing creative and innovative solutions to our clients.Working Hours :Monday to Friday
9am to 5pmSkills: Communication skills,IT skills,Attention to detail,Organisation skills,Problem solving skills,Administrative skills,Analytical skills,Team working,Initiative....Read more...
Interview process lasting from 9th Feb until 13th March.
The primary role for the Apprentice/Core Occupation duties:
Commercial - Support the organisation's strategic vision, commercial aims and objectives by contributing to the generation/handling of insurance products and services. This can mean, for instance, helping to attract new clients or retain existing clients through renewal
Meet numerous critical deadlines and prioritise activity appropriately to meet targets
Analysis & decisions - Gather, analyse and interpret all data that is relevant to the delivery of insurance products and services Identify and act upon issues arising, taking appropriate action such as making a recommendation, a decision or a referral
Quality Assurance - Ensure the organisation's Insurance quality assurance process is completed satisfactorily to process a transaction, make a decision or recommendation
Communicate - Liaise with relevant internal teams, specialists and external stakeholders to ensure successful conclusions to insurance issues, which could, for instance, be a decision on insurance coverage or a payment to a client
IT Systems - Create IT records and maintain up to date information relating to an insurance record via the organisations IT system(s)
Data Protection - Work with personal, confidential and sensitive information, (such as personal, commercial and financial data), following a strict legal duty to maintain the confidentiality of the information and fully adhering to organisational policies and guidelines
Regulatory - Adhere to the regulatory requirements that impact on insurance activity within own role, contributing to a compliant workplace. Work also in line with the organisation's processes, and relevant codes of conduct
Claims Handling/Loss Adjuster duties:
Fraud - Act as the first line of defence. Contribute to fraud reduction and detection by identifying insurance claims that could be fraudulent, escalating as appropriate within own organisation or as appropriate to relevant bodies including the police, action fraud and other affected financial services organisations
Processing - Manage an insurance claim from start to finish, gathering all of the critical evidence needed to reach a conclusion
Escalate decisions as needed within own organisation. Payout approved claims to the client (or their representative) accurately and promptly
Assistant Underwriter duties:
Risk - Assess and decide the specific level of risk associated with a client’s request to insure
Contribute to decisions to accept and decline insurance and decisions on premium levels
Limits - Operate within the approved financial limits, escalating underwriting issues beyond own financial authority
Junior Broker duties:
Represent - Act on behalf of your client, making appropriate negotiation/representation to the insurer to provide an effective return on insurance decisions
Products & Services - Proactively identify and recommend insurance products and services (from across the marketplace) to new and existing clients. Contribute to the broker's sales and commission targets
Training Outcome:
Once the Apprenticeship has been successfully completed, the candidate will be offered an opportunity to permanently join one of our departments
Employer Description:Purbeck Insurance is a small, but growing, insurance firm based in Rugby, Warwickshire. We sell personal guarantee insurance to Directors of small and medium enterprises (SME). When a Director takes out a loan for their business, a lot of the time there will be a personal guarantee attached to that loan. This means that if at any point the Director fails to pay their direct debit, the lender can then come after their assets. That is where we come in. We protect the Director's position. The work we offer is rewarding, and the company has a great culture, and as a fast growing company the opportunities to develop and progress are there for any new starter looking to begin their career with us.Working Hours :8 hours a day from 09:00 - 17:00 including a 1-hour lunch allowance.Skills: Attention to detail,Organisation skills,Customer care skills,Analytical skills,Effective communicator,Written communication skills,Proactive mindset,Self motivated,Professional,Interpersonal skills,Team player,Enthusiasm,Willingness to learn,Confidence,Punctual,Aspirational....Read more...
