Property Assistant Underwriter

**Role Purpose & Accountability**

Assist the Underwriters to carry out all tasks relating to the underwriting and reinsurance of the division in order to provide appropriate customer focused products and maximise profitability to the division, always bearing in mind the relationship between risk and return in respect of all underwriting activities.

**Key Responsibilities**:

- Provide pre/post-underwriting and rating support to Underwriters, this includes but not limited to:

- Manage the receipt and tracking of all submissions
- Loading client/account specific details into TMK’s pricing tools
- Co-ordinating CAT Modelling
- Any applicable sanctions screening
- Accumulation checks (as applicable)
- Developing an internal network for facilitating the transfer of information and data between

functions and department inorder to service the requirements of the underwriters and clients.
- Assist the underwriters in maintaining and developing their book of business and key stakeholder

relationships.

**Monitoring & Business Planning**:

- To understand, absorb and adhere to the Department’s strategy, objectives and current Business

Plans.
- To have a clear understanding of the company's risk appetites in terms of business plans, conduct

and of the company's overall risk appetite
- Champion the company values and work in accordance with the organisational behaviours
- To be aware of and comply with the conduct rules as set out by the PRA & FCA Standards of Conduct
- To be aware of and comply with the relevant rules, regulations and requirements laid down by any

relevant regulatory, statutory and / or supervisory bodies or authorities in which the company is

registered, trades and/or operates
- To underwrite/ assist in the underwriting in accordance with the Departmental Heads' instructions in

respect of premiums, terms and conditions which are set in order to secure the planned

underwriting profits in accordance with the Department’s agreed Business Plan.
- To ensure that the Department’s underwriting guidelines in terms of both line size and aggregate

exposures are adhered to at all times and, where necessary, to highlight if reinsurance should be

acquired in order to reduce risks in respect of individual and aggregate exposures to a level which is

acceptable to the Department.
- To ensure that conflicts of interest are identified and managed.

**Relationships**:

- To ensure that all customers are treated fairly at all times.
- To establish and develop business relationships with the Department’s intermediaries, agents and

business partners in order to secure business portfolios for the Department that meet with the

Business Plans and which are effectively handled to reduce the risk of mal-administration in the

distribution process.
- To assist the Underwriters with developing new forms of insurance services, products and

distribution channels which both respond to intermediary and consumer demand and have the

potential to deliver profits to the Department which are commensurate to the risks.
- To assist and provide coaching and training to graduates and new Underwriters working with the

Department to ensure that they obtain a full understanding of the rating methodology/tools, risk

assessment and underwriting management processes used by the Department.

**Consistency**:

- To understand, absorb and adhere to all relevant sections of the TMK Underwriting Policies &
Procedures Manual.

**Reporting**:

- To provide relevant information for independent review and compliance with regulatory

requirements.
- To ensure that management information is reported in a timely and accurate manner.

**General Administrative / Other**:

- Specific activities in respect of the underwriting, management and reinsurance of the Department’s

business portfolio, as determined by the Departmental Head and Divisional Head.

**Technical Requirements**:
The following technical requirements are essential for this role:

- Working towards ACII or willingness to start.
- Must be fully aware of compliance and regulatory issues.
- Up to date on industry developments within insurance and the appropriate area of expertise.
- Meticulous, organised, self-starting, energetic and able to respond well to the high-pressure

environment.
- Must be a team player, providing support to other members of staff and taking ownership of

customer issues when required to.
- Working knowledge of Microsoft Office.

The following technical requirements are desired for this role:

- Experience working within Insurance/London Market is preferred

**Skills & Behaviours**:
Analytical Thinking, Demonstrating Professionalism, Adaptability, Acting Decisively, Accountability,

Profit Driven Mindset, Problem Solving ,Customer Service, Demonstrating Teamwork, Building & Maintaining Relationships.