Underwriting Assistant
2 days ago
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)
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