Underwriting & Claims Operations Apprenticeship

BEAZLEY MANAGEMENT LIMITED

London, EC2N 4BQ

Closes on Sunday 1 December

Posted on 30 September 2024

Print

Contents

Summary

Join Lloyd’s largest syndicate and be part of a global operations team, supporting our Underwriting and Claims team. Underwriting and Claims Operations teams provides bespoke support to Underwriters and Claims Managers worldwide Great benefits including paid travel to work, paid lunch, £100 lifestyle allowance, pension contribution.

Annual wage
£24,000 a year

Minimum wage rates (opens in new tab)

Training course
Insurance practitioner (level 3)
Hours
Monday - Friday, 9.00am to 5.00pm. Hybrid working available and flexible hours (depending on team accommodation).

35 hours a week

Possible start date

Monday 1 September

Duration

1 Year 6 Months

Positions available

2

Work

As an apprentice, you’ll work at a company and get hands-on experience. You’ll gain new skills and work alongside experienced staff.

What you’ll do at work

  • Join Lloyd’s largest syndicate and be part of a global operations team, supporting our Underwriting and Claims team.
  • Make a difference each day by ensuring the smooth running of all operational processes and procedures while learning on the job.
  • Our globally aligned Underwriting and Claims Operations teams provides bespoke support to Underwriters and Claims Managers worldwide, where things get real and our market leading policies are used to help customers in times of crisis. 
  • We ensure the smooth operation of back office duties so our Underwriters and Claims Managers can focus on making decisions, while we identify areas with room for improvement and implement logical efficient processes. 

Where you’ll work

22 Bishopsgate

London

EC2N 4BQ

Training

An apprenticeship includes regular training with a college or other training organisation. At least 20% of your working hours will be spent training or studying.

College or training organisation

BPP PROFESSIONAL EDUCATION LIMITED

Your training course

Insurance practitioner (level 3)

Equal to A level

Course contents
  • Achieve desired business outcomes within own area of insurance responsibility, in line with the organisation's commercial aims and objectives.
  • Identify information from a range of sources to determine an appropriate course of action including a recommendation, a decision or a referral.
  • Analyse data to make evidence based decisions.
  • Apply organisational quality assurance policies and procedures in their role and within the limits of own authority.
  • Apply appropriate method of communication for audience and circumstances.
  • Records, verifies, maintains and where appropriate, shares information.
  • Compliant with relevant governance, policies and procedures.
  • Identify work with stakeholders and creates and maintains a network of stakeholders needed to undertake casework effectively and to conclusion.
  • Balances competing priorities in order to meet deadlines.
  • Builds and maintains positive relationships.
  • Work as part of a team to help achieve results.
  • Identify potential claims fraud and determine the correct action to prevent loss.
  • Manage insurance claims and/or payments within the limits of responsibility in line with policies and procedures.
  • Identify and manage insurance risks within the limits of responsibility in line with policies and procedures.
  • Recommend insurance and premiums decisions within the limits of responsibility and in line with organisational policies and procedures.
  • Gather and interpret relevant information to provide a return on insurance decisions.
  • Match client’s needs with available insurance products and services.
  • Optimises the potential return on insurance decisions within the scope of own role by identifying and positioning the client’s case with the insurer.
  • Achieve desired business outcomes within own area of insurance responsibility, in line with the organisation's commercial aims and objectives.
  • Identify information from a range of sources to determine an appropriate course of action including a recommendation, a decision or a referral.
  • Analyse data to make evidence based decisions.
  • Apply organisational quality assurance policies and procedures in their role and within the limits of own authority.
  • Apply appropriate method of communication for audience and circumstances.
  • Records, verifies, maintains and where appropriate, shares information.
  • Compliant with relevant governance, policies and procedures.
  • Identify work with stakeholders and creates and maintains a network of stakeholders needed to undertake casework effectively and to conclusion.
  • Balances competing priorities in order to meet deadlines.
  • Builds and maintains positive relationships.
  • Work as part of a team to help achieve results.

    • Your training plan

    This training plan has not been finalised. Check with this employer if you’ll need to travel to a college or training location for this apprenticeship.

    Requirements

    Essential qualifications

    GCSE in:

    • English (grade C)
    • Maths (grade C)
    • Any A level Subject x3 (grade BBC (104 UCAS Points))

    Let the company know about other relevant qualifications and industry experience you have. They can adjust the apprenticeship to reflect what you already know.

    Skills

    • Communication skills
    • Attention to detail
    • Organisation skills
    • Presentation skills
    • Administrative skills
    • Team working
    • Initiative

    About this company

    Beazley is a specialist insurance company with over 30 years’ experience helping people, communities, and businesses to manage risk all around the world. Our mission is to provide beautifully designed insurance, innovating to give our clients the maximum benefit with minimum hassle. Our products are wide ranging, from cyber & tech insurance to marine, healthcare, financial institutions, and contingency, covering risks such as the weather, film production or protection from deadly weapons.

    https://www.beazley.com/en-GB/who-we-are/work-us/early-careers-academy/beazley-apprenticeship-progra (opens in new tab)

    Company benefits

    Annual bonus, Reimbursed office travel up to £3250 per year, £100 monthly lifestyle allowance, £550 remote office set up allowance, additional holiday buy scheme, flexible bank holiday policy, private healthcare, generous pension + many more.

    After this apprenticeship

    • Once completed the apprenticeship you will roll off into a permanent role in the operations department.

    Ask a question

    The contact for this apprenticeship is:

    BPP PROFESSIONAL EDUCATION LIMITED

    The reference code for this apprenticeship is VAC1000277594.

    Apply now

    Closes on Sunday 1 December

    When you apply, you’ll be asked to sign in with a GOV.UK One Login. You can create one at the same time as applying for this apprenticeship.

    After signing in, you’ll apply for this apprenticeship on the company's website.

    Company’s application instructions

    Our application process is designed with you in mind, we aim to make the process as interactive and as two-way as possible- we want you to get to know us as much as we get to know you! All stages are designed to assess your future potential – not any experience you may or may not have. Behind the scenes we also undertake adverse impact testing at each stage to ensure that our processes are fair and equitable. If you have any adjustment requests, you can let us know at any time. Best of luck!