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Application Form

Underwriting Assistant

£24000.00 - £30000.00 per annum

City of London, Greater London

MW Appointments

Role: Underwriting Operations Assistant

Location: City

Salary to £30,000

Permanent



Key Responsibilities

* Inputting risk data into the underwriting system at all stages of the risk assessment and underwriting process
* Managing underwriting documentation
* Establishing workflows and processes
* Continuous improvement of the underwriting administration process
* Project development of the underwriting system to meet the changing needs of the business
* Timely and accurate capture of risk data in the Occam Underwriting administration system

* Ensure that underwriting files are complete and contain all relevant documents
* Run monthly bordereaux for capacity providers

* Carry out sanctions checks and licence checks on insured entities and territories
* Liaise with underwriting teams and finance to monitor the timely receipt of underwriting data
* Liaise with underwriting teams and finance to address data deficiencies and related issues eg tax schedules and premium discrepancies
* Take reasonable steps to adhere to agreed processes and timescales





Candidate Profile

* A general understanding of the underwriting process
* A general understanding of the operation of the (re)insurance markets
* A general understanding of underwriting documentation from quote to bound slip
* A general understanding of the Lloyd's and London Market requirements and BAA administration
* Experience of maintaining insurance underwriting systems
* Working knowledge of Microsoft Word and Excel Outlook
* Strong interpersonal skill
* Accuracy and attention to detail
* Analytical thinking and numeracy





Education and Experience

* Educated to GCSE A level or equivalent
* CII qualification preferred but not essential
* Minimum 2 years' experience in a data capture or relevant administrative role





REF 8284

MW Appointments is acting as an Employment Agency in relation to this vacancy.

Contact Details

Cover Letter

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