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Assistant Underwriter - Accident & Health

Antares

Greater London

On-site

GBP 40,000 - 60,000

Full time

2 days ago
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Job summary

A leading company in the insurance sector is seeking an Assistant Underwriter for their Accident & Health division in London. The ideal candidate will have at least 3 years of experience within Lloyd’s of London, demonstrating strong analytical and interpersonal skills. This role involves supporting underwriting controls and managing reporting, making it essential for candidates to possess a proactive mindset and excellent communication abilities.

Qualifications

  • Minimum 3 years’ experience working for a syndicate within Lloyd’s of London.
  • Demonstrable understanding of the Lloyd’s Insurance Market.
  • Proficient IT, numerical and analytical skills.

Responsibilities

  • Support the Accident & Health division through defined administrative responsibilities.
  • Manage reporting relating to account performance, renewals, and claims movements.
  • Ensure compliance with regulatory and company standards.

Skills

Problem-solving
Communication
Interpersonal skills
Time-management
Analytical skills

Education

A-Levels or equivalent in Business, Finance, Economics or Maths
Working towards CII

Tools

Microsoft Excel
Microsoft Word
Microsoft Outlook

Job description

Assistant Underwriter - Accident & Health
Assistant Underwriter - Accident & Health

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This role offers a great opportunity for a confident, articulate, proactive and driven individual with at least 3 years’ experience working for a syndicate within Lloyd’s of London.

The team is looking for a candidate who is highly numerate and demonstrates a passion for developing their knowledge of this technical class. The successful candidate will possess demonstratable interpersonal skills and the ability to build strong relationships with stakeholders both inside and outside the firm. Proficient IT, numerical and analytical skills are required, as is a high attention to detail.

This role would be best suited to an individual currently holding an underwriting support role such as an underwriting assistant, underwriting technician looking to join an established Accident & Health team within a global provider of Insurance and Reinsurance.

Role:

To support the Accident & Health division through defined administrative responsibilities, provide support within Underwriting Controls and adhere to set parameters of any Underwriting Authority granted, the candidate must also ensure compliance with ongoing regulatory and Company standards.

Qualifications:

A-Levels or equivalent in Business, Finance, Economics or Maths preferred

Working towards CII preferred

Knowledge of Accident & Health insurance not required but preferred

Experience:

Candidates require a minimum of 3 years’ experience working for a syndicate within Lloyd’s of London and a demonstratable understanding of the Lloyd’s Insurance Market and general insurance.

Desired Skills:

Strong problem-solving and decision-making capabilities

Excellent written and oral communication skills

Accountability

Confident interpersonal skills

Ability to work independently and as part of a team

Ability to work effectively in a fast-paced environment

Proactive mindset

Logical approach to tasks

Strong time-management

Well-organised

Exceptional IT skills – must include Microsoft Excel, Word and Outlook

Drive to attain CII qualifications

Key Responsibilities:

Manage all elements of reporting relating to:

  • Whole account performance
  • Exposure management
  • Renewals
  • Monthly signings
  • Monthly claims movements
  • Monthly income movements
  • Income monitoring
  • Aggregate monitoring
  • Broker Profitability
  • Credit Control
  • Bordereaux monitoring for accuracy and timeliness
  • Ensure internal folders are complete and accurate
  • Oversee accuracy of data entry on internal system
  • Peer review management including front sheet completion
  • Assist with delegated underwriting queries
  • PPL/Whitespace Management
  • Provide technical and administrative support to the Underwriting Team
  • Develop and monitor professional relationships with all stakeholders to the benefit of the organisation
  • Develop procedures and practices that improve the Team’s efficiency
  • Liaise with other business functions to ensure consistency of process and systems
  • Ensure own technical training and personal development is maintained and enhanced in order to sustain and improve the account’s performance
  • To ensure Antares Global Customers are treated fairly at all times, in accordance with the Conduct Risk Policy and other relevant policies and procedures.
  • Consumer Duty outcomes and the management information
  • To be aware and adhere to all obligations under GDPR, ensuring that the business complies with these requirements.
  • To avoid breaches and to report them to the Data Protection Officer when they occur regardless of whether electronic or on paper
Seniority level
  • Seniority level
    Associate
Employment type
  • Employment type
    Full-time
Job function
  • Job function
    General Business
  • Industries
    Insurance

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