Underwriting Assistant

Job title:

Underwriting Assistant

Company

Munich Re

Job description

IntroductionWe are specialists in offering expertise in underwriting, broking and capacity management for US Excess and Surplus (E&S) lines insurance solutions. The unique combination of broking and underwriting divisions provides the ability to quote and bind risks through inhouse binding authorities, while providing customers with access to Lloyd’s, London Market companies, and Munich Re owned capacity in Germany and the US.Why join us?OverviewYour role will be to assist with all administrative tasks in relation to the underwriting of Transactional risks written within the Direct Underwriting Division. To include the underwriting of Mid Term Adjustments, handling of post, binders and the issuing of quotes as directed by Underwriters, and any ad-hoc duties as requested.Responsibilities

• To undertake administrative duties in relation to the underwriting of new and renewal business using the relevant B&C policy administrative or rating systems
• Undertake any training of peers as requested by any Head of Department/ Supervisor
• To personally invest in continuous improvement within Bell and Clements and look for ways to advance our internal processes and the customer journey and always put suggestions forward to your line manager.
• To peer review the work of other team members.
• Underwriting of Mid Term Adjustment/ handling of post related items.
• To engage with our external clients with professionalism and take personal ownership of seeing queries through to a satisfactory close, utilising internal relationships where necessary.
• To work within your personal authority level and engage with higher authority holders for sign off where appropriate.
• To actively work to increase your personal authority.
• Adhering to all internal service level agreements, you will ensure a prompt turnaround of all post related queries and keep our external clients abreast of developments and expected timeframes.
• Assist the Supervisor in monitoring the agreed service levels for teamwork items allocating work to team members and the Underwriting Operations Team as necessary.
• Assist with the production of reports for management.
• Ensure that all mandatory training is completed within deadline.
• Assist with any project work as requested.
• To provide the necessary support and assistance to the Chief Underwriting Officer, Head of Direct Underwriting and Heads of Teams as and when required.
• Awareness of FCA rules pertinent to the role.

General Duties and Responsibilities

• To embrace and actively implement the core principles of Continuous Conversations; (Commitments, Feedback and Development) as part of daily activities and with other colleagues;
• Take ownership of and make personal and professional development a priority as part of Continuous Conversations;
• In line with Continuous Conversations, establish and achieve development aspirations and needs through the setting of commitments and giving and receiving frequent, constructive feedback (referring to resources provided for support);
• To abide by the policies and procedures of B&C.

Essential

• Accuracy, attention to detail and analytical skills essential
• Strong interpersonal, team working and communication skills, both written and verbal.
• The ability to absorb technical information.
• Confident decision-making skills.
• Problem-solving skills and a logical approach to work
• The ability to work to deadlines

Desired

• Experience in an underwriting support role
• Numeracy, analytical and statistical skills
• North American Property business an advantage.

BenefitsThis position is offered on a Permanent basis. Annual salary will be dependent on the skills and experience of the successful candidate. Annual leave – 25 days per year (plus bank holidays), increases with length of service. Health & Wellbeing – our offering includes private medical insurance for employees, their partners and their families, a Digital GP service and an annual allowance (currently £550) any activities which supports health and wellbeing. Hybrid and remote working – to support your work balance we have introduced hybrid working. You will be provided with support to work from home up to a maximum of three days per week. Flexible working hours – the opportunity to flex your working hours. Generous gender-neutral family leave policy – employees with 26 weeks’ continuous service at the Expected Week of Childbirth are eligible to receive 26 weeks full pay. Professional Qualification Support – (discretionary) financial support covering the cost of professional qualifications, including institute membership, exams, study materials and completion bonuses. Generous gender-neutral family leave policy – employees with 26 weeks’ continuous service at the Expected Week of Childbirth are eligible to receive 26 weeks full pay. Team fun – warm and social culture with regular get togethers.Equal OpportunitiesBell and Clements is an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates regardless of sex, race, disability, age, sexual orientation, transgender status, religion or belief, marital status, or parental status.At Munich Re, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.If you are excited about this role but your experience does not align perfectly with everything outlined, or you don’t meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for!All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact

Expected salary

Location

London

Job date

Sat, 30 Nov 2024 08:22:59 GMT

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