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Underwriting Assistant

Partnership Jobs
Job LocationLondon
EducationNot Mentioned
SalaryCompetitive salary
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent, full-time

Job Description

PurposeThe purpose of the role is to assist the Underwriters providing full administrative support on their class of business and to undertake any ad-hoc project work that may be requiredKey Result Areas.Underwriting

  • Ensure that all risk documents are scanned on to the underwriting workflow system and indexed accurately and in a timely manner;
  • Enter all of the risk details on to the underwriting system, ensuring high levels of accuracy;
  • Conduct accuracy checks on the work of other underwriting assistants;
  • Manage individual and group work baskets ensuring that all items are processed efficiently and in good time
  • Upkeep of quotes on the system and Team risk/pipeline log;
  • Ensure that details on the system are up to date for all reinsurance purchased;
  • Client meeting note preparation including submission review and web searches;
  • Data entry for rating tools.
    • Reporting
  • Collate information for the Class Performance Review meetings and prepare packs in consultation from the rest of the underwriting team and the Monitoring function;
  • Run MicroStrategy reports as required;
  • Produce and maintain MS Excel schedules as required.
    • Monitoring
  • Remain alert to developments affecting the business of the SBU, and in particular the efficient management of the section. Report on such matters, as appropriate, to the Underwriters or the Underwriting Management;
  • Participate in the monitoring of premium payments and liaise with Brokers and CRT where necessary;
  • Participate in the monitoring of Underwriting against the business plan drawing attention to exceptions where identified.
    • Customer Relations
  • Assist with maintaining existing Client and Broker relationships, dealing with enquiries in an efficient professional manner;
  • Assist in the development of new Broker, client and market relationships as necessary;
  • Attend client meetings and prepare minutes;
  • Key CompetenciesGenericJob SpecificProficient computer user with intermediate Word and Excel skillsTime managementAbility to multitaskPersonableAble to develop professional relationshipsCustomer FocusCompliance with proceduresCreative thinkingAttention to detailRelevant and strong administrative and data entry skillsBasic understanding of insurance terminologyDemonstrate ability to take initiative and be proactiveTeam worker and collaboratorExcellent attention to detailAble to demonstrate understanding of client intimacy and what it means with value propositions

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