Underwriting Apprentice, Casualty

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Job Description

Role

Underwriting Apprentice

Location

London

Department

Casualty

About Arch Insurance International

• Arch Insurance International, part of the Arch Capital Group, is a market-leading insurer located in the UK. We provide a range of property, casualty, and specialty insurance for corporations, professional firms, and financial institutions across the UK, Europe and Internationally, with a significant presence in the Lloyd's and London Underwriting market.

• Arch Insurance recognises the need to be a digital insurer and as such has shifted focus from traditional technology initiatives to agile driven digital initiatives, leading the commercial & specialty insurance space. Arch offers an entrepreneurial work environment that empowers the individual and encourages constant learning and growth.

• People are at the centre of everything we do at Arch, and we are passionate about investing in the future talent of the insurance industry. From day one, you'll be empowered to contribute, grow, and make a difference. Our apprenticeship roles are crafted to give you the tools, experiences, and support you need to thrive.

Key Duties

• To provide administrative and technical support to the Casualty Underwriting team as required.

• Administrative and Technical support includes but is not limited to the maintenance of files and the processing, recording of business accounts accurately and in a timely manner on the Company's IT and administrative systems in accordance with processing standards and procedures.

• Assisting the team in day-to-day ad hoc tasks when required (risk research, broker meetings, country overview reports etc. and providing updates to underwriters).

• Gain Level 3 Insurance Practitioner apprenticeship (CII Cert)

Data Input

• Enter submissions, rating models, quotes and bound policies onto the Arch underwriting systems

• Conduct account clearance procedures with other parts of the company for risks or clash, as may be required – including catastrophe analysts, risk capture and data management teams

• Review quality control output from Global Services. Liaising with both to ensure accounts are processed on a timely basis

Account Administration

• Assist the Underwriters with day to day underwriting operations

• Assist in preparation of monthly & management reports

• Undertake research activities, as directed by underwriters, for additional underwriting information from the Internet or other external sources

• Maintenance of appropriate business activity logs to record submission activity or premium activity

• Prepare Standard policy Documentation for underwriters' sign off reports

Account Query resolution

• Assist in the resolution of outstanding premium receivable issues, as may be directed

• Liaise with brokers on any outstanding information requirements

• Resolve weekly processing reports

General Administration

• File preparation, photocopying, scanning, document management

• Assisting underwriters at Lloyd's Box

• Have daily contact with other teams, e.g. binder management team, finance and compliance

• Answering telephone calls, responding to emails

Apprenticeship Eligibility

To start an apprenticeship, the learner will need to be:

• 16 or over

• Living in England and not in full time education

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn't the right fit but you're interested in working for Arch, create a job alert Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch's Talent Acquisition team.