Insurance Practitioner Apprentice
COFACE
London (EC2M 1NH)
Closes in 23 days (Friday 30 May 2025 at 11:59pm)
Posted on 6 May 2025
Contents
Summary
This is a fantastic opportunity to work with our Underwriting team in our London office and with colleagues spread across the UK and Ireland.
- Wage
-
£22,000 a year
- Training course
- Insurance practitioner (level 3)
- Hours
-
Monday- Friday, 9am-5pm with 1 hour for lunch (7 hours a day) a total of 35 hours per week. 1 day for study.
35 hours a week
- Start date
-
Monday 23 June 2025
- Duration
-
1 year 7 months
- Positions available
-
1
Work
Most of your apprenticeship is spent working. You’ll learn on the job by getting hands-on experience.
What you'll do at work
As part of the team of Underwriters based in our London office, your key responsibilities will include:
- Financial Analysis of UK and Irish companies to assess their creditworthiness
- Supporting the team with client and broker queries
- Building your underwriting knowledge to enable effective decision-making
- Administrative tasks relative to internal meetings and ongoing projects
- Attending team and client meetings
Where you'll work
35 New Broad Street
London
EC2M 1NH
Training
Apprenticeships include time away from working for specialist training. You’ll study to gain professional knowledge and skills.
College or training organisation
SKILLS EDGE TRAINING LTD
Your training course
Insurance practitioner (level 3)
Understanding apprenticeship levels (opens in new tab)
What you'll learn
Course contents
- Achieve desired business outcomes within own area of insurance responsibility, in line with the organisation's commercial aims and objectives.
- Identify information from a range of sources to determine an appropriate course of action including a recommendation, a decision or a referral.
- Analyse data to make evidence based decisions.
- Apply organisational quality assurance policies and procedures in their role and within the limits of own authority.
- Apply appropriate method of communication for audience and circumstances.
- Records, verifies, maintains and where appropriate, shares information.
- Compliant with relevant governance, policies and procedures.
- Identify work with stakeholders and creates and maintains a network of stakeholders needed to undertake casework effectively and to conclusion.
- Balances competing priorities in order to meet deadlines.
- Builds and maintains positive relationships.
- Work as part of a team to help achieve results.
- Identify potential claims fraud and determine the correct action to prevent loss.
- Manage insurance claims and/or payments within the limits of responsibility in line with policies and procedures.
- Identify and manage insurance risks within the limits of responsibility in line with policies and procedures.
- Recommend insurance and premiums decisions within the limits of responsibility and in line with organisational policies and procedures.
- Gather and interpret relevant information to provide a return on insurance decisions.
- Match client’s needs with available insurance products and services.
- Optimises the potential return on insurance decisions within the scope of own role by identifying and positioning the client’s case with the insurer.
- Achieve desired business outcomes within own area of insurance responsibility, in line with the organisation's commercial aims and objectives.
- Identify information from a range of sources to determine an appropriate course of action including a recommendation, a decision or a referral.
- Analyse data to make evidence based decisions.
- Apply organisational quality assurance policies and procedures in their role and within the limits of own authority.
- Apply appropriate method of communication for audience and circumstances.
- Records, verifies, maintains and where appropriate, shares information.
- Compliant with relevant governance, policies and procedures.
- Identify work with stakeholders and creates and maintains a network of stakeholders needed to undertake casework effectively and to conclusion.
- Balances competing priorities in order to meet deadlines.
- Builds and maintains positive relationships.
- Work as part of a team to help achieve results.
Your training plan
Insurance Practitioner Level 3 Apprenticeship Standard:
- Your training will be completed online from your employer's working address
- 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
More training information
- 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 routes tailor the apprenticeship to the job role:
- Claims Handler/Loss Adjuster
- Assistant Underwriter
- Junior Broker
Requirements
Essential qualifications
GCSE in:
English and Maths (grade 4 (C))Let the company know about other relevant qualifications and industry experience you have. They can adjust the apprenticeship to reflect what you already know.
Skills
- Communication skills
- Number skills
- Analytical skills
- Personable
- Microsoft Suite
Other requirements
The ideal candidate is a team player who is also self-motivated, with a positive attitude. Able to work to targets/deadlines and juggle multiple projects at any given time. We are working a hybrid working model working a minimum of 2 days in the office and 3 days from home. We will support you with your home office set up including a monitor, keyboard and mouse.
About this company
Coface is a team of 4,500 people of 78 nationalities across nearly 60 countries, all sharing a corporate culture across the world. Together, we work towards one objective: facilitating trade by helping our 50,000 corporate clients develop their businesses. With 75 years of experience, Coface is a leader in the credit insurance and risk management market. We have also developed a range of other value-added services, including factoring, debt collection, Single Risk insurance, bonding, and information services.
After this apprenticeship
On successful completion of the programme, there may be future opportunities to join the team on a contractual or permanent basis.
Ask a question
The contact for this apprenticeship is:
SKILLS EDGE TRAINING LTD
Calvin Goodson
calvin.goodson@skillsedge.co.uk
01603577962
The reference code for this apprenticeship is VAC1000318893.
Apply now
Closes in 23 days (Friday 30 May 2025 at 11:59pm)
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