Graduate Underwriting Assistant

Planet CIC; Leeds; On-site; GBP 25,000 - 30,000; Full time

Job summary

A well-known insurance company is seeking a Graduate Underwriting Assistant in Leeds. This role involves assisting with underwriting cases, maintaining client relationships, and ensuring service standards. The ideal candidate will have a strong academic background, excellent communication skills, and a positive working attitude. Opportunities for career growth and professional development through training programs are offered.

Qualifications

• A good degree in any subject (minimum 2:1) or a relevant qualification.
• Excellent communication skills with the ability to liaise at all levels.
• Strong organisational and analytical skills.

Responsibilities

• Assist with daily underwriting and processing of risks.
• Review and summarise files for referral to senior underwriters.
• Deal with enquiries via telephone and written communication.

Skills

Excellent communication skills

Strong organisational skills

Analytical skills

Ability to develop business relationships

Flexibility

Attention to detail

Positive, can-do approach

Education

Good degree (minimum 2:1)

Legal/insurance/property professional qualification

Job description

Our client is a well known insurance company who have a fantastic opportunity for a Graduate Underwriting Assistant to join the Commercial Underwriting team based in Leeds. To underwrite residential and commercial cases under the direction of a more senior underwriter to ensure that new business is secured whilst providing a consistently high level of service all the while increasing underwriting and technical knowledge.

This is an exciting opportunity to take on an interesting and varied role. Underwriting is a combination of risk assessment, sales, commercial awareness and negotiation with clients; and is key to the success of the business.

You will assist with the daily underwriting and processing of commercial and residential risks ensuring that new business is secured in addition to learning about the various risks and underwriting them effectively.

Your key responsibilities will include, reviewing/summarising files, gathering information for Underwriters and dealing with new enquiries and queries via the telephone and through written contact. You will be involved in checking policy wording, demonstrating an in-depth knowledge of policy coverage and be able to discuss this confidently with external and internal clients. You will also need to ensure that systems are maintained and updated as required.

Importantly, you will develop and maintain excellent working relationships with key clients and brokers in the UK ensuring a consistently high level of service.

This is an excellent opportunity to grow your career within Underwriting. The internal training programme will equip you with the knowledge and skills to progress your underwriting career. They also encourage employees to seek professional growth and development, and therefore sponsor individuals wishing to undertake professional qualifications through our Continuous Professional Development scheme.

Graduate Underwriting Assistant Role

• Assist with the daily underwriting and processing of commercial and residential risks
• Review and summarise files gathering information on cases for referral to more senior underwriters
• Ensure policy wording is correct and demonstrate an in-depth knowledge of policy coverage and be able to discuss this confidently with external and internal clients
• Deal with new enquiries and queries via telephone and in writing and adhere to service standards
• Input, update and maintain data so systems accurately reflect current position
• Develop and maintain excellent working relationships with clients and maintain high levels of service in order to maximise business and conversion rate
• Work within prescribed objectives and procedures ensuring that all the requirements of department guidelines, service, regulatory and technical standards are met
• Be proactive in considering the department's processes and in highlighting the need for changeprovement
• Understand external/internal clients needs and work with team to meet these needs
• Achieve and maintain technical competence in accordance with company standards
• Model and promote company values in all aspects of your daily work (Integrity, Commitment, Teamwork, Service and Leadership)
• Undertake legal research, projects and other reasonable duties as assigned by line manager
• Continually develop industry and marketplace knowledge
• Travel including to other sites

Graduate Underwriting Assistant Profile

To be successful, you will need the following:-

• A good degree in any subject (minimum 2:1) or a legal/insurance/property professional qualification or relevant experience
• Excellent communication skills with the ability to liaise at all levels
• The ability develop business relationships
• Strong organisational and analytical skills
• The ability to prioritise your workload often within tight deadlines whilst still maintaining a high attention to detail
• Flexibility in providing help and support for others and building good working relationships with your team colleagues
• A positive, can-do approach

You will need to demonstrate an interest in a sales/client facing role, be comfortable in a commercial negotiating environment, have a strong desire to succeed and be willing and able to gain knowledge quickly in order to successfully analyse risks, devise commercially viable solutions and manage relationships.

Above all, to be successful in this role you need to show enthusiasm, drive and a positive working attitude. For this you will be rewarded with the opportunity for a very successful career within an expanding global company.

If you would like to apply for this role, please email a copy of your CV quoting reference number GP301 as soon as possible