We are recruiting for an Underwriting Operations Assistant vacancy on behalf of one of our top client companies. They are an extremely highly regarded & long-established Lloyds Syndicate and re/insurer.
This is an extremely varied Global role, in a growing operations team.
Embracing inclusion & diversity, this company truly value & look after their staff. Providing a dynamic, positive & engaging culture & first-class benefits, including some nice extras such as a free quality staff canteen & free City same day private GP service (for example-there are even more!), it’s easy to see why they enjoy low staff turnover rates offering such a great environment for positive, hard working individuals to thrive & grow in.
Key responsibilities:
• Performing day-to-day responsibilities which may include: processing premium, premium adjustments, commissions and claim payments in their accounting systems based on portfolio, Cash Management, Submission, Exports and Underwriting Support.
• Supporting development, implementation and documentation of processes and controls for efficient handling of portfolio of responsibilities.
• Assisting with development and oversight of metrics and KPIs ensuring they align to the goals of the team.
• Helping to support to Claims, Reserving, Underwriting and Finance departments.
External communication with Brokers.
• Support for adherence to contract certainty.
• Assist with implementation and execution of special/ad hoc projects within the
Operations Department.
• Provide support to the broader Operations team to help to ensure smooth and efficient monthly and quarterly closes.
• Assist with requests from both Internal and External Auditors.
• Ensuring SOX compliance for Operations processes.
• Ensure all responsibilities are carried out with a high degree of quality, in a timely manner.
Required experience:
* 1-4 years experience gained in a London Insurance Market operational role-from any discipline i.e Underwriting or Claims Support. gained in a Re/Insurer or Brokers.
* A good level of education
* Ideally CII qualified or keen to study for.
* Must be a collaborate team player, with good communication and analysis/problem solving skills.
Please note that if you have not heard from us within 7 days, your application has not been successful.
Bunn Abbott Consulting is acting as an Employment Agency in relation to this vacancy.
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