Apprentice Assistance Underwriter MG Underwriting

This is a fantastic opportunity to enter the Insurance Sector and develop a rewarding career as an underwriter. This apprenticeship aims to provide you with all the tools, qualifications and support necessary to launch a thriving career with our business.

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Closing date: 09 Aug 2024

Apprenticeship summary

  • Annual wage

    £15,000.00

    £15k to £19k depending on experience with the opportunity for further increase as the candidate progresses through their training.

  • Working week

    Monday to Friday 9.00am to 5.00pm

    Total hours per week: 35

  • Expected duration

    19 Months

  • Possible start date

    09 Sep 2024

  • Date posted

    5 days ago

  • Apprenticeship level

    Advanced
    Level 3 (A level)

  • Reference number

    VAC1000263761

  • Positions

    1 available

What you will do in your working day

As an Assistance Underwriter, you will need to complete a variety of tasks including:

  • Build and maintain ongoing relations with clients, agents and brokers.
  • Communicate with agents or brokers to gather information or clarify details about insurance applications.
  • Participate in underwriting reviews and audits to ensure compliance with company policies and regulatory requirements.
  • Work closely with other departments to ensure coordinated and effective underwriting processes.
  • Under supervision, make underwriting decisions within the scope of authority granted by senior underwriters or management.
  • Assist in conducting market research to identify trends, competitor practices, and emerging risks.
  • Support team members with managing queries and answering queries via telephone and email.
  • Gain an understanding of regulatory requirements and ensure compliance with applicable laws and regulations.
  • Engage in continuous learning and development activities to enhance underwriting skills and knowledge of insurance industry practices.
  • No prior experience is required. You will be given appropriate support and supervision to both carry out your job role and complete the apprenticeship.
  • With further training and career development opportunities available, this is a really exciting time to join our business and build a long and successful career within the insurance industry.

The training you will be getting

Apprentices will work towards the Insurance Practitioner Level 3 Apprenticeship Standard:

  • Fully and part funded learning and development programme that includes the Cert CII
  • Develop the knowledge, skills and behaviours of successful Insurance Practitioners
  • Role-specific route ways tailor the apprenticeship to the job role:
    • Claims Handler/Loss Adjuster
    • Assistant Underwriter
    • Junior Broker
  • Free CII membership for non-members through the CII Aspire Apprenticeship Programme
  • Includes digital CII study books and exam entries
  • Resit costs for CII exams and End-Point-Assessment will be covered by the employer
  • Fortnightly workshops for each CII exam
  • All workshops recorded and available on-demand
  • Interactive chat, forums and class notebooks for real time support and assistance from experienced and qualified insurance professionals
  • Exam tips, tricks, and strategies
  • Regular tutorials and assessments with sector experts

What to expect at the end of your apprenticeship

Possible permanent role upon completion with further progression within the business.


Requirements and prospects

Desired skills and personal qualities

Communication skills, IT skills, Attention to detail, Organisation skills, Customer care skills, Problem solving skills, Administrative skills, Number skills, Analytical skills, Logical, Initiative

Qualifications

GCSE or equivalent 3 Additional Subjects (Grade Grade 4(C)) Essential
GCSE or equivalent English (Grade Grade 4(C)) Essential
GCSE or equivalent Maths (Grade Grade 4(C)) Essential

About the employer

At MG we pride ourselves on being friendly and approachable to brokers. The unique facilities which major UK insurers have given us allow MG to offer brokers solutions for both standard and non-standard insurance requirements

Employer

MG Underwriting

Address

Staley House

Hassall Street

Stalybridge

SK15 2LF

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Training

Training provider

SKILLS EDGE TRAINING LTD

Adjustments for experience

You could reduce your training time, or finish your apprenticeship faster, if you have relevant prior learning or experience. This could be relevant:

  • training
  • qualifications, like an NVQ in a relevant field
  • industry or sector experience

Apprenticeship standard

Insurance practitioner

Level 3 (A level)

Demonstrating experience

If your application is successful, you will have a chance to discuss your relevant prior learning or experience with your training provider and employer. You will all need to agree any adjustments to your training plan.

You should be prepared to show your competence, and evidence of relevant qualifications


Before you apply

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