About us
Avencia Consulting are recruiting on behalf of a leading specialty Insurer who are looking to hire an Underwriting Assistant to join their Property team.
The Company currently writes lines of business including; specialty insurance: aviation & aerospace, energy, marine, property, terror & political violence, contingency and other specialty lines; reinsurance: property reinsurance, property retrocession, specialty reinsurance, whole account/multi-class and bespoke.
The role
The primary purpose of the role is to provide underwriting and administrative support to the D&F Property Underwriting team
Key accountabilities
- Support the pre-underwriting process focusing on review of historical performance, policy wordings, and pricing adequacy based upon predefined underwriting rules and/or guidelines.
- Liaise with the placing broker throughout the underwriting cycle and policy period to ensure receipt of all necessary documents and manage any credit control issues.
- Monitor and report contract performance on a quarterly basis.
- Assist with Account Receivable collections when required.
- Accountable for completeness of contents of underwriting package prior to handover to Underwriter for risk analysis/risk selection process.
- Accountable for accuracy and completeness of data entry.
- Manage all administrative requirements for the Underwriting team.
- Liaise with Underwriters to confirm policy issuance instructions for policies, endorsements, forms, notices, certificates, etc.
- Perform pre-analysis support for submissions, endorsements, and other incoming documents based upon predefined underwriting rules and/or guidelines
- Monitoring premium payments and liaising with credit control, ensuring premiums are received before premium due date
Skills & experience
- Bachelor's Degree and progress towards ACII or other relevant commercial insurance industry designations
- Basic knowledge of commercial insurance and regulatory requirements
- Basic competency in MS Office applications: Word, Outlook, Excel and Adobe Standard required
- Excellent written and oral communication skills
- Strong interpersonal skills in order to work effectively and professionally with diverse groups
- Proven prioritisation and time management skills and ability to triage workload essential within a deadline intensive working environment.
- High level of numeric competency combined with ability to perform detail-oriented qualitative review are required in order to adequately digest risk submissions.
- Must be able to self-lead effectively and work effectively both independently and with teams.
- Demonstrated ability to deliver and manage accurate thoughtful detail-oriented work within tight deadlines