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Underwriting Assistant - Reinsurance

Date: 15 Feb 2021
Sector: INSURANCE
Type: Permanent
Location: London
Salary: £30000 - 32000 per annum
Email: brian@taylorjamesresourcing.com
Ref: BT4559

Underwriting Assistant - Reinsurance To £32,000

Some exposure to the reinsurance area, either from broking or underwriting is essential for this career opportunity with an expanding Lloyd’s underwriters. A graduate level of education or strong A levels would be considered are required.

Duties

To capture and process risk data on the underwriting data entry system, ensuring that such data is accurate and up-to-date;

To record, report and manage accurate aggregate data for binding authorities, open market and lineslip declarations down to street address level for each risk written.

Maintenance of underwriting files;

The scanning of slips, endorsements and other relevant information onto the document management system;

Associated filing and archiving.

Management of binding authority contracts according to delegated underwriting compliance procedures.

Liaise externally with the broking community to ensure smooth operation of the above as needed;

The management of the underwriter’s diary for meetings and other appointments;

The taking of minutes for morning review meetings, as requested;

To manage the monthly Peer Review meeting, including the taking of minutes;

To provide cover for the underwriters at the Box in Lloyd’s as required, to carry out day to day administration in support of the underwriters;

Assistance with the coverholder audit scheduling process.

To assist in responding to queries from all members of staff on queries relating to the underwriting of the small property book;

To undertake ad hoc project work as required;

To be aware of the risks and controls relevant to the underwriting of the small property book and discuss/report any issues with small property underwriter.

To assist with all other aspects of underwriting for example technical pricing, book analysis, audits and analytics.

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