Underwriting Assistant

Responsibilities:

• Entering data into the in-house S2000 underwriting system, pricing tools and other administration systems as required.
• Scanning and photocopying of documents, as required.
• Management and saving of documents.
• Support the clearing list and accumulation control process, as required.
• Support the Contract Certainty (CC) process, including completing the CC checklist, when requested.
• Managing/monitoring electronic placing documentation on platforms such as PPL and Whitespace.
• Reviewing and managing exception reports on a weekly basis.
• Reviewing and posting daily premium closing messages in S2000.
• Assist in managing credit control and aged debt.
• Maintaining renewal lists.
• Ensure that company procedures and systems are followed and maintained, as per procedures and compliance manuals.
• Attend relevant meetings within the company.
• Taking minutes of meetings and any other administrative tasks, as and when required.
• Providing support in respect of new projects or initiatives, as and when needed.
• Any other ad-hoc tasks, as necessary.
• Help drive forward good Conduct for the business to deliver the best outcomes for customers / policyholders.
• Understand all appropriate lines of escalation and the responsibilities of the Product Conduct Risk Strategy Group (PCRSG), Underwriting & Claims Sub Committee (UCSC) , ExCo and Board for Conduct Risk.

Knowledge and Skills

• (Prior knowledge is not essential but will place candidates at an advantage)
• Basic (Level 1) knowledge and understanding of:
• Underlying Principles of Insurance;
• Legal Principles;
• PRA /FCA and rules and regulations, including contract certainty issues;
• Lloyd’s regulations;
• Demonstrate clear understanding of all company specific procedures that relate to own role;
• Demonstrate growing understanding of the roles of colleagues and their relationships to the structure and business plans of the firm;
• Willingness to continue to develop knowledge of policies and related issues through formal and informal learning, both internally and externally to the firm
• Be aware of the potential risks facing the business within own job role and the controls that are in place to mitigate them; and report all significant changes in these risks, or the effectiveness of controls, to your line manager in a timely manner.
• Analytical, critical thinker with a problem solving attitude.
• Proactive, energetic and curious.

If you are excited about this role but your experience does not align perfectly with everything outlined, or you don’t meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for!