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Insurance Professional Apprenticeship L4 - Underwriting Assistant Apprenticeship 2022

Employer
Zurich Insurance Co Ltd
Location
70 Mark Lane, London, EC3R 7NQ
Salary
£17,500.00 annually
Closing date
9 Dec 2021

View more

Specialism
Other
Sector
Unspecified
Role Type
Apprenticeship, Higher
Start Date
September
Duration
Permanent
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As part of the Underwriting team your day will always filled with varied activities -from supporting Underwriters in preparing and for and securing renewal and new business wins, facilitating the analysis of risk data and policies and collaborating with Zurich colleagues in our service teams and across the globe to service our largest multinational customer needs. You will build relationships with key stakeholders both internally and externally to support our customers' needs.

Underwriting is the process by which Zurich takes on the risk of a customer, either individual or a company, incurring a financial loss, such as the impact of fire or storm, in return for a premium -to provide solutions to protect our customers.

You will have opportunity to start your underwriting career in the dynamic, complex and exciting London insurance market, learning from experienced underwriters in your team.

As an Underwriting Services Apprentice, you will:
  • Handle activities within the renewal, quote and new business process for assigned accounts to help underwriters decision making, and ensure policies are issued and recorded on point and on time
  • You will provide support in underwriting services, procedures, policy endorsements and policy issuance
  • You'll need to interact on a daily basis with underwriters, brokers and customers for your assigned accounts which may include attending external meetings to ensure that all policy details and deadlines are fulfilled.
  • Our apprenticeships cater for a variety of different skillsets and interests and you'll receive all the training, support and opportunities you need to set you on your way to a successful career with us

The key skills you will require for this role include:
  • Good interpersonal and communication skills
  • The ability to work in a team
  • Effective personal planning and organisation
  • Appetite to learn and achieve professional qualifications
  • To be prepared to study towards the 'Insurance Professional' level 4qualification.
  • A professional attitude with a positive 'can do' approach to your work


Requirements and prospects

Desired skills

  • Ability to work in a team
  • Effective personal planning and organisation
  • Good interpersonal and communication skills
  • To be prepared to study towards the 'Insurance Professional' level 4 qualification
  • Ability to use some independent thinking
  • Eye for detail
  • Good interpersonal and communication skills
  • Effective personal planning and organisation


Personal qualities

  • A professional attitude with a positive 'can do' approach to your work
  • Appetite to learn and achieve professional qualifications
  • Commitment to study an apprenticeship qualification


Desired qualifications

A minimum of 5 GCSEs (or equivalent) at grade C/4 including maths and English.

Future prospects

The apprentice is recruited on a permanent contract basis, ensuring subject to normal probation period and successful completion of the apprenticeship they will remain employed within our Underwriting Services team.

Things to consider

Apprentices are paid for their normal working hours and training that's part of their apprenticeship (usually one day per week).

For more information please visit:https://www.gov.uk/national-minimum-wage-rates
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