Assistant Underwriter
- Receive submissions from brokers, complete initial basic risk analysis, complete pre-underwriting documentation and when required present information within team Peer Review
- Issue terms to brokers as directed and authorised
- Start to develop basic knowledge of wording and technical understanding, market environments as well as building basic risk analysis capabilities
- Set-up system records and maintain underwriting systems and controls including LIPPS, Spring, DMS and other relevant systems
- General spreadsheet work including statistics and data analysis and generation of reports
- Monitor and follow up on payments for outstanding premiums.
- Work in collaboration with Group Underwriting teams in order to obtain and provide any required information
- Investigate queries produced by Underwriters, Operations, Finance and Legal and liaise with brokers as directed to resolve issues as necessary
- Assist Underwriters with the running and recording of peer review
- Agree endorsements within your limited underwriting authority
- Ensure risks offered and bound are within modelled tolerances or that exceptions are approved.
- Monitor modelling results for individual accounts and aid Underwriters in overview of monthly portfolio
- Assist with ad hoc projects and research work as required
- Good level of formal education - Degree desirable
- Progression towards Cert CII / DIP CII or ACII is an advantage
- Proficient with Microsoft Office applications, particularly Excel and Word (intermediate)
- Knowledge of Power BI desirable
- Excellent attention to detail, self discipline and time management
- Good verbal and written communication skills
- Strong work ethic
- Self starter with the ability to liaise with individuals at all levels
- Team player
- Ability to work flexibly to meet business needs including extended hours if required
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