- London Jobs
- £30,000
- Full Time
- Underwriting
Ref:42625
Job Title: Digital Underwriting Assistant
Location: City of London
Salary: £30,000
Type: Permanent
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- To provide a professional, comprehensive administrative service as a Digital Underwriting Assistant
- Provide a high level of service to brokers, internal teams and service providers
Principal Accountabilities:
Underwriting
- Underwriting e-Placement – Check and bind risks on e-placement platforms
- Underwriting Referrals – Manage endorsements and required escalations to the Portfolio Management Team when re-pricing is required
- Client Audits – Chasing brokers for premiums and renewals
- Capacity – Establish and maintain knowledge of internal controls and all procedures relating to underwriting
- Evaluation and Control – Processing and checking of data entry onto relevant systems
- Query Management – To monitor and handle queries from the Ki platform or via telephone in relation to both underwriting and general queries; seeking advice where required
Operations
- Maintain and monitor the flow of work between underwriting teams and the service provider to ensure items are addressed in a timely and accurate manner
- Monitor and handle broker requests and queries via the Ki platform, including subjectivities of Ki’s quoted line, endorsements and claims
- Identify and implement opportunities for streamlining underwriting activity, including increased automation or use of the service provider
- Ensure Standard Operating Procedures and User Guides accurately reflect current procedures
- Help to facilitate and monitor any new activities that are transitioned out to the service provider
- Assist with the investigation and resolution of any data quality issues that are raised by TPU and other support team
- Assist with the testing and roll out of new IT initiatives
Education, Qualifications, Knowledge, Skills and Experience
- Experience of working within a Lloyd’s syndicate / managing agency (preferably Underwriting)
- Keen to identify and embrace new technologies and new ways of working
- Commercial awareness, with a knowledge of the insurance market and external changes which would impact on our business
- Basic knowledge of regulatory and legal compliance issues
- Progression towards the ACII professional qualification
- Educated to degree level or equivalent, having obtained a good overall grade in a relevant subject
- Good overall educational passes
- Sound knowledge of general, commercial insurance practices
- Excellent numeric, analytical and written skills
- Excellent communication skills, both written and oral
- Effective prioritisation and organisational skills.
- Good IT skills, including Microsoft Word, Excel and Outlook
If you have the relevant experience or know someone that does please contact us now on 0203 411 8430 or email us at admin@lawesgroup.co.uk
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To view all Current Vacancies or for more information on our Refer a Friend scheme, contact one of our consultants or visit our website www.lawesgroup.co.uk
Please Note: Due to the sheer volume of applications we receive, we will only contact successful applications. Therefore if you have not heard from us within 10 working days please deem your application as unsuccessful.
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