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Insurance Underwriting Apprentice MUNICH RE UK SERVICES LIMITED

Support the Executive Risks and Professional Indemnity teams within the Specialty division. Working closely with underwriters and the underwriting support team.

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Closing date: 09 Dec 2022

Apprenticeship summary

  • Annual wage

    £20,111.00

  • Working week

    Monday to Friday, 9am to 5pm

    Total hours per week: 35

  • Expected duration

    18 Months

  • Possible start date

    12 Dec 2022

  • Date posted

    20 Oct 2022

  • Apprenticeship level

    Advanced
    Level 3 (A level)

  • Reference number

    VAC1000099533

  • Positions

    1 available

What will the apprentice be doing?

Support the Executive Risks and Professional Indemnity teams within the Specialty division with Data input into:

  • Records Management our main system for capturing underwriting information and correspondence.
  • The Casualty Pricing Cockpit (CPC), our rating tool for pricing insurance.
  • Assist in monitoring facilities written by the team.
  • Work towards a limited form of underwriting authority.
  • Liaising with brokers and internal stakeholders.
  • Building a foundation of technical knowledge of Executive Risks and Professional Indemnity lines of business.

Working closely with underwriters and the underwriting support team.

Plus any additional duties and responsibilities that may reasonably be expected to be undertaken in accordance with the role.

What training will the apprentice take and what qualification will the apprentice get at the end?

You will work towards your:

  • Insurance Practitioner Level 3 Apprenticeship.
  • Certificate in Insurance (Cert CII).
  • Level 2 Functional Skills in English and Maths (if required).

What is the expected career progression after this apprenticeship?

Whilst we have in the past been able to offer our previous apprentices full time employment, it is not a guarantee and is dependent on our team structure and availability of roles at the time.

Requirements and prospects

Desired skills and personal qualities

Communication skills, IT skills, Attention to detail, Team working, Microsoft Excel

Qualifications

GCSE or equivalent 5 GCSE's including Maths and English or equivalent (Grade C/4 and above) Essential

About the employer

To value and leverage the full potential of our employees by building leadership capabilities, empowering a diverse workforce and creating an inclusive workplace. We encourage diversity in the workplace and promote an inclusive environment, which helps drive growth in our business.

Employer

MUNICH RE UK SERVICES LIMITED

Address

10 Fenchurch Avenue

London

EC3M 5BN

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Training

Training provider

DAVIES LEARNING SOLUTIONS LIMITED

Contact

John Paton

dls.recruitment@davies-group.com

Apprenticeship standard

Insurance practitioner

Level 3 (A level)

Before you apply

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