Oliver James Associates

Underwriting Assistant - Property (Lloyd's)

Location
England, City of London, London
Salary
£30000 - £40000 per annum + benefits
Posted
19 Jan 2021
Closes
18 Feb 2021
Ref
JOB-012021-133909
Contact
Tom Ingram
Contract Type
Permanent
Hours
Full Time

London Market (Re)Insurer currently on the lookout for two Underwriting Assistants to join the Property team.

Duties and Responsibilities

  • Process enquiries (including renewals, new business, quotes etc.), follow-up and monitor progress towards budget.
  • Assist with rating of accounts by analysis, interpretation and input of underwriting information.
  • Produce reports from systems for use by the underwriters.
  • Support Underwriters during underwriting hours to maximise efficiency in handling enquires.
  • Provide support for Underwriters including preparation for renewals and Client meetings.
  • Aggregates - secure accurate information in key areas for Underwriters.
  • Produce and maintain wordings and clauses database.
  • Administrative support for Accounts such as processing of closings and task identification on endorsements/amendments.
  • Indexing policy documents in the database.
  • Entering geographical exposure data into the database.
  • Ad hoc administration duties including but not limited to filing, photocopying and scanning
  • Assist underwriters in submission and underwriting preparation.
  • Liaise with the Delegated Underwriting Manager on any outstanding compliance matters.
  • Assist in the completion of insurance reports and ensure timely distribution to required individuals.
  • Liaise with other departments on various issues,
  • Assist in all other general underwriting administration and processing functions to ensure efficient workflow within the team.
  • Maintaining files and documentation in accordance with company guidelines.
  • Including, but not limited to, filing, photocopying, scanning etc.
  • Any other reasonable requests made by management.

Qualifications:

  • Educated to at least A level or equivalent with good Maths and English GCSE grades, undergraduate degree would be an advantage but not essential.

Experience required:

  • Proven experience in an Underwriting Assistant role, ideally in the Loyd's market
  • Experience of underwriting systems
  • Good numeracy skills, including ability to analyse and compare data and reports.
  • Good analytical skills, including competence with Microsoft Excel and other MS Office systems
  • Conscientious and hard working
  • Collaborative mind set
  • Excellent organisation and prioritisation skills
  • Good attention to detail
  • Good organisational and time management skills, including the ability to effectively manage high levels of work
  • Proactive approach
  • Strong communication and teamwork skills.
  • Flexibility and a willingness to "go the extra mile"
  • Exposure to catastrophe modelling would be beneficial

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