Operations Assistant - Transaction Liability

CFC Underwriting; Royal Borough of Greenwich; On-site; GBP 22,000 - 30,000; Full time

Job summary

CFC Underwriting in London is seeking an Operations Assistant to support the Transaction Liability team. You’ll help ensure transactions are entered accurately, records are kept up to date and information is reliable for the team.

This entry-level role welcomes applicants with no prior insurance experience. You’ll learn quickly, stay organised and contribute to a busy, collaborative environment while developing essential operational skills.

Qualifications

• Entry-level role; no prior insurance experience required.
• Strong organisational skills and attention to detail are essential.
• Ability to manage multiple tasks and priorities while meeting deadlines.
• Willingness to learn and develop in a busy team environment.

Responsibilities

• Accurately entering new transactions and information into the underwriting system.
• Support billing by completing transaction checklists and recording information.
• Track outstanding payments and follow up where needed.
• Assist finance and legal with tracking fees and invoices.
• Support the closing process by keeping files complete and ready for review.
• Provide day-to-day administrative support to the Transaction Liability team.
• Contribute to additional tasks and projects as knowledge grows.

Skills

Organised

Detail-oriented

Multi-tasking

Team player

Willing to learn

Proactive

Job description

Operations Assistant - Transaction Liability

Department: Transaction Liability

Employment Type: Permanent - Full Time

Location: UK - London

Reporting To: Michael Allen

Description

As an Operations Assistant, you’ll play an important role in keeping our Transaction Liability team running smoothly. Working closely with the Operations Coordinator, you’ll help make sure transactions are processed accurately, records are kept up to date, and the team has reliable information to work from.

This is a great opportunity for someone at the beginning of their career who enjoys being organised, working with detail and supporting a busy team. You don’t need previous insurance experience. We’re much more interested in your willingness to learn, your approach to your work and your ability to stay organised.

Our Transaction Liability team works on risks connected to mergers and acquisitions (M&A) around the world. This includes Representation & Warranty (R&W), also known as Warranty & Indemnity (W&I), as well as contingent liability and tax insurance. You’ll have the opportunity to learn about this specialist area while developing valuable operational and business skills.

About the role

You’ll work alongside the Operations Coordinator and wider team, with responsibilities including but not limited to:

• Accurately entering new transactions and information into our underwriting system, making sure records are complete and up to date.
• Supporting the billing process by completing transaction checklists and helping ensure the right information is recorded.
• Keeping track of outstanding payments and working with colleagues to follow up on anything that needs attention.
• Working with our Finance team and legal counsel to help track legal fees and ensure invoices are recorded and processed correctly.
• Supporting the closing process by making sure files are complete, organised and ready for review.
• Providing day-to-day administrative and operational support to the wider Transaction Liability team.
• Getting involved in other tasks and projects as you build your knowledge and experience.

About you

This is an entry-level opportunity, so you don’t need to have worked in insurance before. We’ll support you as you learn the role and get to know the business.

You could be a great fit if you:

• Enjoy being organised and keeping on top of the details.
• Take pride in producing accurate, high-quality work.
• Are comfortable managing different tasks and priorities.
• Like working with others and being part of a supportive team.
• Are curious, proactive and willing to learn.
• Feel comfortable asking questions when you’re unsure.
• Can work to deadlines while maintaining good attention to detail.

Most importantly, we’re looking for someone with the right attitude and willingness to learn and develop.

Core Values

Love what you do:

We show up each day ready to take on the world. Our passion and intensity set us apart and makes the difference to our colleagues, customers, brokers and carriers.

Challenge everything:

We’re never afraid to question the way that things are done and we constantly challenge ourselves and others to makes things better.

Have fun, be good:

Insurance is a serious business, but we don’t take ourselves too seriously. We make it fun to work at CFC, we welcome all viewpoints, and we treat everyone how we would expect to be treated.