Underwriting Assistant (12 months FTC)

The Role

This position has the responsibility to provide underwriting-related administrative support under a Fixed-Term Contract for 12 months. The scope of work includes liaising and interacting with key support functions including Underwriting support services, WNS, Credit Control, Payment, Claims, Actuarial, Risk & Compliance, Finance.

Key Responsibilities

• Provide administrative support to underwriters and ensure compliance with internal and regulatory procedures
• Completion of pre-underwriting tasks (preparation for upcoming renewals, pricing tool input, filing, quotation tracking, EPI monitoring, risk log completion)
• Completing of post-bind tasks (contract check, maintain digitally stored underwriting files, completion of rating tool)
• Bordereaux management – data input, cross checking of inwards and outwards bdx
• General portfolio monitoring for different internal departments
• Work in close cooperation with the Global team to manage overlap and be consistent, wherever applicable.
• Maintain good relationships with external and internal parties as appropriate.
• Compile statistics and analyse performance of all risks and accounts.

Skills:

• (Re)insurance administration experience is essential
• Exposure in Property D&F market is an advantage
• Broad exposure to underwriting systems and processes
• Strong proficiency in Excel would be an advantage
• Lloyd’s and/or London market experience would be an advantage.
• Degree preferable but not essential
• Strong IT skills, literacy, numerate and having analytical and negotiation skills.

Personal Qualities:

• A team player with strong communication skills, both internally and externally
• Analytical and problem-solving skills with an attention to detail
• Ability to work under pressure, able to commit to and meet deadlines.
• Able to take initiative and be a decision maker.
• Adaptable and flexible to the needs of the business
• An open and honest approach (integrity)

The Role

This position has the responsibility to provide underwriting-related administrative support under a Fixed-Term Contract for 12 months. The scope of work includes liaising and interacting with key support functions including Underwriting support services, WNS, Credit Control, Payment, Claims, Actuarial, Risk & Compliance, Finance.

Key Responsibilities

• Provide administrative support to underwriters and ensure compliance with internal and regulatory procedures
• Completion of pre-underwriting tasks (preparation for upcoming renewals, pricing tool input, filing, quotation tracking, EPI monitoring, risk log completion)
• Completing of post-bind tasks (contract check, maintain digitally stored underwriting files, completion of rating tool)
• Bordereaux management – data input, cross checking of inwards and outwards bdx
• General portfolio monitoring for different internal departments
• Work in close cooperation with the Global team to manage overlap and be consistent, wherever applicable.
• Maintain good relationships with external and internal parties as appropriate.
• Compile statistics and analyse performance of all risks and accounts.

Skills:

• (Re)insurance administration experience is essential
• Exposure in Property D&F market is an advantage
• Broad exposure to underwriting systems and processes
• Strong proficiency in Excel would be an advantage
• Lloyd’s and/or London market experience would be an advantage.
• Degree preferable but not essential
• Strong IT skills, literacy, numerate and having analytical and negotiation skills.

Personal Qualities:

• A team player with strong communication skills, both internally and externally
• Analytical and problem-solving skills with an attention to detail
• Ability to work under pressure, able to commit to and meet deadlines.
• Able to take initiative and be a decision maker.
• Adaptable and flexible to the needs of the business
• An open and honest approach (integrity)