Underwriting Operations Apprentice

Reposted 9 Days Ago
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London, Greater London, England, GBR
In-Office
Junior
Financial Services
The Role
Support London Market Underwriting Operations by maintaining MI/KPIs, documenting processes, assisting new business setup, preparing Lloyd's and regulatory returns, onboarding users to systems, and working with underwriting teams to identify and implement process improvements.
Summary Generated by Built In

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

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.
 

Role Summary and Purpose 
Support the London Market Underwriting Operations team in driving efficiencies and best practices throughout the Underwriting process, challenge how the business operates today and assist in developing systems, processes, and procedures to support the growth of Arch across all platforms.

This successful candidate will complete the Level 3 Financial Services Administrator apprenticeship, gaining their Certificate Level CII qualification as part of this role.

Key Tasks and Responsibilities

    •    Conducting regular data quality checks and basic audits of underwriting data to ensure accuracy and completeness.

•    Logging queries received from both internal and external customers, investigating data discrepancies and supporting timely resolution.

•    Maintaining and updating operational procedure documents.

•    Assisting with reporting activities, such as analysing weekly or monthly processing statistics.

•    Collaborating with onshore, offshore and cross functional teams on various tasks and projects.

•    Other ad hoc admin tasks from time to time.

Role Requirements & Skills
•    MS Office, Excel intermediate 
•    Excellent communications skills
•    Ability to manage multiple tasks, meet deadlines, and prioritize workloads.  
•    Strong analytical skills
•    Problem solver with proactive approach to challenges
Apprenticeship Eligibility

To start an apprenticeship, the learner will need to be:
•    16 or over
•    Living in England and not in full time education
 

#archinsuranceinternational

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.

14101 Arch Europe Insurance Services Ltd

Skills Required

  • Experience monitoring Management Information (MI) and Key Performance Indicators (KPIs)
  • Knowledge of Lloyd's and other regulatory underwriting returns and reporting processes
  • Experience documenting processes and implementing process changes
  • Experience onboarding users to underwriting systems/platforms and providing system support
  • Strong stakeholder management, problem-solving and cross-functional collaboration skills
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The Company
HQ: Hamilton
285 Employees
Year Founded: 2001

What We Do

Arch Capital Group Ltd. (Arch Capital or ACGL), a Bermuda public limited liability company, writes insurance and reinsurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe and Australia, with a focus on specialty lines. Arch Capital Services LLC is owned by ACGL and provides corporate, legal and other support services to Arch Capital. ACGL provides insurance, reinsurance and mortgage insurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe, Australia and Hong Kong.

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