With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.
We are looking for an Underwriting Assistant to join our Fine Art & Specie team here at Arch for a 12 month fixed-term period.
1. To provide administrative and technical support to the underwriting team as required.
2. Administrative and Technical support includes but is not limited to the maintenance of files and the processing, recording of business accounts accurately and in a timely manner on the Company’s IT and administrative systems in accordance with processing standards and procedures.
3. Assisting the team in day-to-day ad hoc tasks when required (risk research, broker meetings, country overview reports etc. and providing updates to underwriters).
Key Responsibilities
1.
Data Input
4. Enter submissions, rating models, quotes and bound policies onto the Arch underwriting systems
5. Conduct account clearance procedures with other parts of the company for risks or clash, as may be required – including catastrophe analysts, risk capture and data management teams
6. Review quality control output from Global Services. Liaising with both to ensure accounts are processed on a timely basis
2.
Account Administration
7. Assist the Underwriters with day to day underwriting operations
8. Assist in preparation of monthly & management reports
9. Undertake research activities, as directed by underwriters, for additional underwriting information from the Internet or other external sources
10. Maintenance of appropriate business activity logs to record submission activity or premium activity
11. Prepare Standard policy Documentation for underwriters’ sign off reports
Account Query resolution
12. Assist in the resolution of outstanding premium receivable issues, as may be directed
13. Liaise with brokers on any outstanding information requirements
14. Resolve weekly processing reports
General Administration
15. File preparation, photocopying, scanning, document management
16. Assisting underwriters at Lloyds Box
17. Have daily contact with back office support staff, e.g. binder management team, finance and compliance
18. Answering telephone calls, responding to emails
Role
Skills / Competencies
19. Strong time management skills
20. Very organised and systematic
21. Responsive
22. Basic knowledge of MS Word, MS Excel, Power point and Outlook
23. Ability to work independently using initiative and without guidance and as part of a team
24. Entry Standard of education : ‘A’ Level equivalent or above
25. Basic Knowledge of Insurance preferred but not essential
26. 12 months previous office experience advantageous
14101 Arch Europe Insurance Services Ltd