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Underwriting Assistant - Operations

Avencia Consulting
Posted 7 hours ago, valid for 12 days
Location

London, Greater London EC1R 0WX

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

info
  • We are seeking an Underwriting Assistant for our client in the London insurance market, supporting 40 underwriters across various business classes.
  • Candidates should have experience in the insurance sector, with knowledge of the London Market being desirable but not essential.
  • Intermediate MS Office skills are required, and pursuing CII qualifications or similar is also a plus.
  • The role involves underwriting administration, data quality monitoring, relationship management, risk and controls, and reporting tasks.
  • The salary for this position is competitive, and candidates should ideally have previous experience in a similar role.

The role

We're recruiting for an Underwriting Assistant in the Operations team for our client in the London insurance market, with this role part of a team supporting 40 different underwriters across multiple classes of business including energy, property and marine. This is an excellent opportunity for someone with experience working within the insurance sector to move your career in an exciting new direction.

What we are looking for in you

  • Experience working within insurance
  • Knowledge of London Market; key practices and principles within the underwriting sector are desirable but not essential
  • Intermediate MS Office skills - Outlook, Excel
  • Working towards CII qualifications or similar industry recognised qualifications is desirable but not essential

What you will be doing in the role

1. Underwriting Administration

  • Manage the team mailbox by processing quotes/ endorsements and slips
  • Transferral of underwriting information and correspondence into document management system (Doxis)
  • Data entry using our underwriting data entry system - ENora on behalf of the team
  • Ensuring a timely, efficient and appropriate workflow process is followed to from start to finish

2. Data Quality

  • Monitor and review the Policy data input to eNora, ensure compliance with data quality protocols, via the Approval Gate.
  • Responsible for individual error rate and ensuring that this is in line with company standards & expectations

3. Managing Relationships

  • Support the underwriting services team by delivering a high quality service to the business, underwriters and the broker
  • Develop and build a strong, long-term relationship with our underwriters along with their brokers by providing them with an excellent underwriting service

4. Risk and Controls

  • Ensure all risks comply with regulatory and compliance checks, which in turn are all performed within the underwriting guideline adhering to all Local and Group guidelines
  • Implement and maintain process controls to ensure the quality of the output of your area within the function. Ensure documentation of the processes and output is accurate, up-to-date and accessible

5. Reporting

  • MI Reporting - Understand and assist with team KPI reporting when required
  • Run and check reports as required

What next?

Click "Apply Now" to complete a short application for the role.

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.