FAQs
What is the primary role of a Graduate Underwriting Assistant?
The primary role of a Graduate Underwriting Assistant is to provide analytical and administrative support to Underwriters, ensuring the delivery of a market-leading service to customers and brokers.
What are the key responsibilities of a Graduate Underwriting Assistant?
Key responsibilities include processing client submissions, conducting sanctions and credits checks, triaging referrals, conducting underwriting analysis, performing portfolio analysis, adhering to internal procedures, and driving operational changes for greater efficiency.
What qualifications are essential for applying to this position?
Essential qualifications include being a recent graduate, having a proactive approach to problem-solving, experience in managing deadlines, attention to detail, teamwork skills, adaptability to fast-paced environments, and being organized and efficient.
Is prior experience in the insurance industry required for this role?
No prior experience in the insurance industry is required, but some understanding of insurance is preferable.
What type of educational background is preferred for candidates applying for this job?
Candidates who have achieved at least a 2:1 degree classification are preferred.
What benefits does the company offer in addition to a competitive salary?
The company offers benefits including participation in a Share Option Scheme, 25 days of holiday plus bank holidays, a workplace pension, private medical insurance, salary sacrifice schemes, enhanced parental leave and pay, funding for professional qualifications, and support for learning and development.
How does the role as a Graduate Underwriting Assistant contribute to career advancement in the insurance industry?
This role provides foundational experience and skills in underwriting, risk analysis, and client management, which are essential for career progression within the insurance industry.
What qualities are desirable for a Graduate Underwriting Assistant?
Desirable qualities include being ambitious, a keen learner, possessing an eye for detail, and having the ability to work collaboratively in a team environment.
How does the company support employee professional development?
The company supports professional development by providing £1,000 toward relevant professional qualifications, £500 per annum for learning and development, and offering three days of paid leave for learning and development purposes.
What kind of work environment can a Graduate Underwriting Assistant expect?
A Graduate Underwriting Assistant can expect a fast-paced work environment that requires agility and adaptability to changing priorities.
Will I be working independently or as part of a team in this position?
You will be working as part of a team, collaborating with colleagues while also managing individual tasks to contribute to group goals.