Transaction Liability Underwriting Assistant
Have you recently left or are due to leave higher education with outstanding results in a commercial subject like Law, Economics or Accounting?
Do you now hope to start your professional career with an innovative Insurance business who love to challenge the status quo?
CFC are searching for an Underwriting Assistant to support our Transaction Liability team!
Our award-winning “TL” team underwrites a comprehensive range of insurance products which cover different risks arising during a Merger or Acquisition. Since its launch in 2016, CFC’s transaction liability team has quickly become one of the largest small and mid-market transaction liability insurers globally. We are the leading small – mid market underwriter in North America and the number one underwriter of secondaries transactions worldwide. Over the past five years, our TL underwriting team have contributed to the development of several creative M&A products. Department Transaction Liability Employment Type Permanent - Full Time Location UK - London Workplace type Hybrid
About the role
As an Underwriting Assistant you’ll be providing dedicated support to underwriters across our teams by:
1. Providing excellent administrative support primarily to the transaction liability team and other underwriting teams, as required, to ensure CFC can adhere to target turnaround times for our brokers and insureds;
2. Managing the underwriting central inboxes and logging new and renewal submissions on CFC’s internal underwriting system;
3. Preparing various activity reports and spreadsheets as directed;
4. Administering the department diary, including chasing outstanding items such as subjectivities and assisting with invoicing and setting up of new clients;
5. Answering incoming calls and fielding queries as appropriate;
6. Reviewing and amending transaction documents including non-disclosure and hold harmless letters;
7. Working with the existing support functions in CFC to ensure the timely progression of transactions from initial submission to policy binding (including the administrative aspects of this process); and
8. General ad-hoc administrative duties as required.
About you
This is an entry level role so we don't need you to have any Insurance experience.
Commercial awareness and understanding of mergers and acquisitions is preferable and a background in law, business, finance or otherwise related study field would be preferred. As a minimum, we are looking for individuals with:
9. Organisational skills with the ability to prioritise work to meet tight deadlines and turnaround times;
10. Excellent level of attention to detail including accurate written and numeracy skills;
11. Experience using Microsoft Office applications - Outlook, Word and particularly Excel;
About CFC
CFC is a specialist insurance provider, pioneering emerging risk and market leader in cyber. Our global insurance platform uses cutting-edge technology and data science to deliver smarter, faster underwriting and protect customers from today's most critical business risk.
Headquartered in London with offices in New York, Melbourne, Sydney, Austin, Madrid, Brussels and Brisbane, CFC has over 1100 staff and is trusted by more than 100,000 businesses across 90 countries.
At CFC, insurance isn't just about underwriting. From data science to software development, and digital marketing design, we've got something for everyone. We're passionate about pushing boundaries, thinking differently and building the insurance company of the future.
CFC is committed to the principles of equal opportunities and creating an environment in which all individuals are always treated with dignity and respect. We encourage a diverse corporate culture of openness and appreciation to create an environment in which your talent can be developed in the best possible way. Should you require any reasonable adjustments at any stage of the recruitment process please let us know.
Our Hiring Process
Stage 2:
Phone screening
Stage 3:
First stage interview
Stage 4:
Second stage interview
Stage 5:
Hired
Stage 1:
Applied
Stage 2:
Phone screening
Stage 3:
First stage interview
Stage 4:
Second stage interview
Stage 5:
Hired
Stage 1:
Applied
Stage 2:
Phone screening
Stage 3:
First stage interview
Stage 4:
Second stage interview
Stage 5:
Hired
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