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Underwriting Operations Administrator

  • Location: City of London
  • Category: Underwriting Support
  • Salary: £26K - £30K / Annum
  • Reference: JO0000007596

UNDERWRITING OPERATIONS ADMINISTRATOR - c£30,000 The Underwriting Operations Administrator supports the underwriting teams in writing business on behalf of the company, the capacity providers and other stakeholders. The Underwriting Operations Administrator is responsible for the administration of risks, capturing risk data and risk reporting and for the continuous improvement of the underwriting administration process. The major areas of activity managed by the Underwriting Operations Administrator include: Inputting risk data into the underwriting system at all stages of the risk assessment and underwriting process Managing underwriting documentation Producing reports for internal and external stakeholders Project development of the underwriting system Establishing workflows and processes Continuous improvement of the underwriting administration process Specific Responsibilities Timely and accurate capture of Energy and Space risk data in the Underwriting administration system Ensure that underwriting files are complete and contain all relevant documents Develop, implement and document the processes of risk data capture Carry out sanctions checks and licence checks on insured entities and territories and inform the underwriting teams of issues Liaise with underwriting teams and finance to monitor the timely receipt of underwriting data Liaise with underwriting teams and finance to address data deficiencies and related issues eg tax schedules and premium discrepancies Reporting and documentation Manage Energy and Space underwriting documentation in the underwriting administration system and the shared drive Produce reports for internal and external stakeholders Skills and Competencies A general understanding of the underwriting process A general understanding of underwriting documentation from quote to bound slip Experience of maintaining insurance underwriting systems Working knowledge of Microsoft Word and Excel Outlook Strong interpersonal skill, Accuracy and attention to detail Analytical thinking and numeracy Education and Experience Educated to GCSE A level or equivalent CII qualification preferred Minimum 2 years’ experience Ref 7596

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Delegated Account Technician

  • Location: City of London
  • Category: Underwriting Support
  • Salary: £40K / Annum
  • Reference: JO0000007549

A Fortune 500 company is looking for a Delegated Account Technician to join their team in the City of London

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Delegated Account Technician - 12month FTC

  • Location: City of London
  • Category: Underwriting Support
  • Salary: £30K - £40K / Annum
  • Reference: JO0000007550

A Delegated Account Technician is needed to join an international Fortune 500 Company in their City of London office for a 12 month FTC

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Underwriting Operations Technician FTC

  • Location: City of London
  • Category: Underwriting Support
  • Salary: £26,500 / Annum
  • Reference: JO0000007502

Underwriting Operations Technician - Technical Risks FTC City Of London £26,500 Opportunity to work for a leading Lloyd's syndicate based in the heart of London. They are currently recruiting for an experienced individual to join their Operations Underwriting division within their Technical Risk team. Duties include: ·Enter risk and policy data in to the Underwriting system(s) within the defined Service Level Agreements. ·Ensure all risk and policy queries are communicated through the appropriate channels and responded to in a timely manner. ·Upload bordereaux in to the TIDE system within the defined Service Level Agreement and escalate any queries through the appropriate channels. ·Process unmatched USMs within the defined Service Level Agreements and escalate any issues through the appropriate channels. ·Ensure all tasks are completed for month-end close. ·Produce standard and ad-hoc reporting through the EDW ensuring these are accurate and fit for purpose. ·Assist with credit control and provide support to the credit control team with aged debt and excess cash queries when required. ·Attend team, departmental and divisional meetings to build, and maintain, internal relationships and continue understanding of the business. ·Scan and store all documentation in to the document management storage folders as required. ·Ensure that Underwriting files are complete and accurate. Obtain any outstanding items from the underwriting team. ·Assist with, and drive forward, company projects as required. ·Undertake other appropriate ad-hoc tasks as requested by the management team. ·Report any suspicion of financial crime to the Money Laundering Reporting Officer immediately. ·Operate within the Company’s standards for Treating Customers Fairly. ·Advise Compliance of any complaints immediately. Suitable candidates: ·1 – 2 years’ experience in Offshore Energy or General Cross Class ·Lloyd’s and London Market processing arrangements for premiums and claims; ·Lloyd’s Franchise Board standards; ·Financial Conduct Authority and the Prudential Regulation Authority framework; ·Slip and file construction; Ref 7502

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