Assistant Underwriter (AL382)

We are looking for a bright and motivated Underwriting Assistant to join Magenta Insurance (a Howden Company) at our office in Bury St Edmunds.

This role is ideal for someone with previous experience providing specialist advice in the insurance market. This role will see you ensure accurate underwriting data is captured on systems to minimize risk and ensure high quality output of information, support underwriting through general administration to ensure delivery of a professional service and develop your technical and underwriting knowledge to take on more complex cases over time

Within a highly supportive team, you will be expanding your insurance experience with the opportunity to gain professional qualifications and forming part of an industry leading insurance broker with more than 2,000 staff and 75 offices in the UK and Ireland.

If you’re looking for a fast paced, flexible, and rewarding role, this could be the perfect role for you. We offer hybrid working, ensuring a balanced combination of office and home life.

Role Responsibilities:

• Assisting Underwriters in recording risk details on source systems; building broker relationships as required; developing knowledge of the class of business and the accounts written; retrieving data for Underwriters as requested
• Dealing with any incoming quotation enquiries both with clients and brokers ensuring we are underwriting commercially to secure the sale.
• Maintain underwriting documentation/files; keeping all documentation in order
• Assist underwriters by communicating with brokers.
• Request underwriting information from brokers.
• Process new business including some data entry into system, population of relevant systems, and incepting cover
• Develop underwriting knowledge to gain sign off across our suite of products and with all insurers.
• Comply with all legal and regulatory requirements to ensure obligations are met

Skills and experience:

• At least 2 years’ experience in providing insurance advice.
• Experience working with an underwriting environment would be beneficial
• Good understanding of Property Insurance
• Minimum 1 year experience of telephone based work
• Excellent client service skills.
• Have a willing to learn
• Cert CII qualification (or willing to undertake the study).
• Exposure to using Acturis would be an advantage for this role
• Accuracy and attention to detail, with the ability to process work quickly and efficiently.
• Ability to prioritise work and meet deadlines.

Why join us?

In April 2022, Aston Lark became part of Howden, the international insurance broking group, with the aim of creating a standout full-service broker, unrivalled in its quality, scale and reach in the UK and Ireland.

The creation of this unique business means a range of opportunities for current employees, as well as new talent, as Aston Lark helps to build towards becoming the biggest and best British broker.

Aston Lark is committed to developing its people, and supporting the pursuit of professional qualifications, and a range of other development opportunities, including apprenticeships, mentoring, and through the Institute of Leadership and Management.

Our values underpin our culture, and you can be assured that you are joining an environment driven by integrity, passion, and empowerment, as a proud winner of the Best Insurance Employer (Large) at the Insurance Post Best Insurance Employers 2022 Awards.

What can we offer you?

• Competitive salaries – with regular pay reviews and company bonus scheme.
• Minimum 25 days holiday – with an additional purchase option.
• Health & well-being – through a 24/7 employee assistance programme for you and your family, providing practical support on a range of issues, such as health, money, and work.
• Hybrid working – to give you more flexibility to manage work and home life.
• Study Support – and career progression opportunities. If you wish to study professional qualifications or develop your leadership skills, a personalised development plan is available to you through our L&D team and your manager.
• Referral Reward Scheme – could see you rewarded for every successful placement.
• Diversity & Inclusion – with many employees involved in committees celebrating our LGBTQ+ community, and race and gender equality.

Job Types: Full-time, Permanent

Benefits:

• Additional leave
• Company events
• Company pension
• Cycle to work scheme
• Referral programme
• Wellness programme

Schedule:

• 8 hour shift
• Monday to Friday
• No weekends

Ability to commute/relocate:

• Bury St. Edmunds, IP33 1NX: reliably commute or plan to relocate before starting work (required)

Experience:

• Insurance: 2 years (preferred)

Work Location: Hybrid remote in Bury St. Edmunds, IP33 1NX

Reference ID: AL382