Insurance Underwriting Apprentice
ASPEN INSURANCE UK SERVICES LIMITED
London (EC3M 3BD)
Closes in 9 days (Friday 21 March at 11:59pm)
Posted on 27 January 2025
Contents
Summary
Support the underwriting team in daily activities that provide services to customers.
- Wage
- £24,000 a year
- Training course
- Insurance practitioner (level 3)
- Hours
-
Monday to Friday, 9.00am to 5.00pm.
35 hours a week
- Possible start date
-
Monday 28 April
- 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
- Reserve accounts and create electronic file folders
- Prepare and process documents (i.e. policies, rate and quote forms) that are usually of a binding and legal nature for clients
- Correspond with agents and answer inquiries
- Handle service requests
- Create renewal lists and renewal solicitations
Where you’ll work
30 Fenchurch Street
London
EC3M 3BD
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
DAVIES LEARNING SOLUTIONS 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
You will work towards your:
- Insurance Operations Practitioner Level 3 Apprenticeship.
- Certificate in Insurance (Cert CII).
- Training will be via Davies, virtually. 6 hours per week off the job training.
Requirements
Essential qualifications
GCSE in:
- English (grade 4)
- Maths (grade 4)
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
- IT skills
- Attention to detail
- Organisation skills
- Customer care skills
- Problem solving skills
- Presentation skills
- Administrative skills
- Number skills
- Analytical skills
- Logical
- Team working
- Creative
- Initiative
- Non judgemental
- Patience
Other requirements
We will require pre-employment screening including criminal record and credit checks.
About this company
Aspen Insurance is a leading specialty insurer and reinsurer. Our three business units – Insurance, Reinsurance and Capital Partners – make us a leader in our fields, giving our customers support and confidence, and each has a unique set of capabilities to create advantage for our partners.
After this apprenticeship
- You will be offered a permanent position upon successful completion of your apprenticeship.
Ask a question
The contact for this apprenticeship is:
DAVIES LEARNING SOLUTIONS LIMITED
Rhys Cade
rhys.cade@davies-group.com
The reference code for this apprenticeship is VAC1000298748.
Apply now
Closes in 9 days (Friday 21 March at 11:59pm)
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