Role Purpose
To support the Onshore division through defined administrative responsibilities, providing support within Underwriting Controls, utilising the Underwriting Authority granted within set parameters, and ensuring compliance with regulatory and Company standards.
Responsibilities
1. Log all bound, quoted, working, and declined risks into the SFDC immediately to ensure effective use as a clearance and budgeting tool.
2. Liaise with Underwriters to produce the weekly Production Report.
3. Assist in the creation of Annual budgets for GWP, Fac RI, and Expenses.
4. Assist the Credit Control team in investigating outstanding premiums, resolving queries, and controlling aged debt.
5. Produce and monitor department NOC’s.
6. Undertake data entry into the Underwriting Systems as requested by senior stakeholders.
7. Assist Underwriters and Underwriting Operations with month-end reconciliation.
8. Produce standard and ad-hoc reports through the EDW and SFDC, ensuring accuracy and purposefulness.
9. Complete Underwriting Frontsheets promptly and ensure completeness of Underwriting files.
10. Calculate the material impact of Endorsements and produce Endorsement Frontsheets. Monitor and log endorsements.
11. Manage Starr360 process, ensuring electronic files are up-to-date.
12. Manage the departmental Fac RI log.
13. Produce Fac RI documentation, including calculation sheets, mud-maps, and order forms.
14. Collaborate with the Tech Controller and Fac RI team to reconcile errors between the Fac RI Log and Eclipse.
15. Assist with and drive forward company projects as required.
16. Track and report on Engineering fee status. Liaise with Broking Houses to chase engineering fee payments.
17. Work with Engineers to review upcoming renewals and chase brokers for necessary engineering reports.
18. Assist engineers in formatting and proofreading technical reports.
19. Assist engineers in arranging travel when necessary.
20. Report any suspicion of financial crime to the Money Laundering Reporting Officer immediately.
21. Produce monthly UW reports covering loss ratios, rate changes, lapsed/churn, commission, and Fac spend.
Experience
This is an ideal opportunity for a candidate with 1–2 years’ experience in General Insurance or the London Market, or a recent graduate/qualified school or college leaver. The candidate should be highly numerate, passionate about developing their technical knowledge, possess strong interpersonal skills for broker relationships, and demonstrate excellent IT and analytical skills with high attention to detail.
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