Underwriting Assistant/Underwriting Operations Analyst - Casualty & Specialty Reinsurance, Delegated Authority, Binder Arrangements, Bordereaux Reporting, MS Excel. Stakeholder Engagement. Permanent, London/Remote (Hybrid). c£37.5k +Bonus +Benefits
Underwriting Assistant/Underwriting Operations Analyst sought by global Reinsurance company operating primarily within the Casualty and Specialty markets within the Delegated Authority business unit.
You will undertake operational support work relating to delegated authority business which will involve liaison with brokers and underwriters to support the binder arrangements and facilitate business. You will extract data from Bordereaux reports, map queries and resolutions in the biner management systems and chase overdue bordereaux reports as required.
Secondly, the Underwriting Assistant/Underwriting Operations Analyst will monitor exceptions in line with the binder agreements/slips and inform various stakeholders of status and accuracy of data. You will provide this information in a variety of reports mainly using MS Excel. This may look at variances in claims received/business booked as well as wider trends and provide insightful reports as required. You will work towards your CII if you have not already secured this.
This is an operational role within the insurance environment and as such we are searching for an Underwriting Assistant/Underwriting Technician/Junior Assistant Underwriter/Junior Delegated Authority Reporting Analyst. You will be comfortable liaising with both broker and underwriters, have an understanding of binder arrangements and the delegated authority process. You will be familiar with slips (pre-contract agreements) and Bordereaux reporting and be confident in your use (at intermediate level at least) with MS Excel. You will be a self-sufficient individual who possesses excellent communication skills.
You may have been working in either an Insurance Underwriters, Reinsurance Company most recently or have a background in Financial Services. We are open to experience in terms of business lines but any exposure to casualty risk would be highly beneficial. You will however have worked with and understand the delegated authority business model, slips/binder agreements and bordereaux.
Exceptional opportunity to join and well-respected, global reinsurance firm. City of London location. Please note that 1st stage interviews will be undertaken face-to-face with subsequent interviews completed via MS Teams.