Underwriting Assistant (with Apprenticeship Training for CII Level 3 Diploma)
Blenheim City Of London, England, United Kingdom
Underwriting Assistant (with Apprenticeship Training for CII Level 3 Diploma)
Blenheim City Of London, England, United Kingdom
The Underwriting Assistant will provide technical and administrative support to the Specialty team, both within Lloyd’s and at the office. The candidate will be responsible for maintaining and ensuring the accuracy of records on Blenheim’s systems, working closely with our Underwriters and Brokers. As well as communicating with clients to access information to complete various tasks within the business.
The applicant must be willing to study for their CII Professional Qualifications alongside this role, which is a requirement. This training will be in the form of an Apprenticeship, which ensures close study support, whilst working full-time as an Underwriting Assistant.
Key tasks:
* To provide administrative and technical support to the underwriting team
* To accurately record underwriting risk information and maintain all such records
* Assisting colleagues with ad hoc duties as and when required
* Keeping up to date on technical and operational issues that impact the syndicate
* Risk entry on Eclipse system and maintenance of records
* Scanning of slip, endorsements and, where required, placing information
* Validation of risk information – SCM and USM validation
* Maintain accurate records of underwriting data, utilising various internal and external software systems
* Clearing exceptions as and when they are notified
* Reporting – Production of regular and ad hoc business reports
* Underwriting - Liaise with brokers, colleagues, and external organisations to resolve day-to-day queries
Key personal skills required:
* Excellent communication skills, both written and oral
* Ability to develop and maintain good relationships with both internal and external clients / brokers
* A high level of accuracy and attention to detail
* Good analytical and mathematical skills
* Strong organisational skills, with ability to meet deadlines and handle multiple tasks self-motivated
* Good time keeping and a willingness to respond to increased seasonal workloads
* Willingness to undertake new responsibilities
Key technical skills, knowledge and professional qualifications required:
* A Levels or equivalent. Holder of a Degree in a business/numerical based subject is an advantage
* Desire and willingness to commit to studying towards professional insurance qualifications (Chartered Insurance Institute qualifications) via an apprenticeship training program
* A good level of knowledge and interest in Insurance and the Lloyd’s London market is ideal but not essential
* Good administrative skills, some experience in data entry and maintaining system records is advantageous
* Intermediate level of knowledge of Microsoft Packages (Outlook / Word / Excel / PowerPoint)
Risk and Compliance Responsibilities:
* Ensure compliance with company and other relevant standards and regulations
* Ensure compliance with relevant PRA and FCA conduct rules
Seniority level
* Seniority level
Entry level
Employment type
* Employment type
Full-time
Job function
* Job function
Other
* Industries
Insurance
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