Assistant Underwriter - Cyber & Technology

Canopius; Greater London; On-site; GBP 30,000 - 50,000; Full time

Job summary

A leading insurance firm in London is looking for support to the Cyber & Technology team. Key responsibilities include assisting underwriters with business, managing relationships with brokers and clients, and preparing contract documentation. The ideal candidate will possess strong analytical skills, desktop software proficiency, and a commitment to learning and detail orientation. This role offers an opportunity for professional growth in a dynamic environment.

Responsibilities

• Assist underwriters in Technology & Cyber business.
• Develop good relationships with brokers and clients.
• Prepare contract documentation for new and renewal business.
• Manage binder administration and report on workloads.
• Act as liaison for query resolution between teams.
• Prepare data for meetings and management reports.
• Assist claims with policy information.
• Manage projects assigned by underwriters.
• Attend client meetings and underwriting calls.

Skills

Accuracy and numeracy

Intermediate/advanced desktop abilities

Effective written and verbal communication

Ability to work independently

Time management and task prioritization

Willingness to learn

Attention to detail

Efficient workload management

Problem solving abilities

Tools

Excel

Word

Outlook

PowerPoint

Job description

Job Description

The Role

To provide support to the Cyber & Technology team in London in running a diverse portfolio of open market risks, lineslips and delegated authorities business emanating from multiple platforms, brokers and territories.

Responsibilities

• To assist underwriters in the underwriting of Technology & Cyber business.
• To assist in the development and maintenance of good working relationships with brokers and clients to establish Canopius as a preferred market for Technology & Cyber business.
• Assist in preparation of all necessary contract documentation for referral, new and renewal business.
• Binder administration including bordereaux management, DUA liaison, EPI monitoring and assisting in the preparation of data as appropriate.
• Monitoring underwriters’ workloads and reporting to ensure all risks are processed within required timeframes.
• Act as the point of contact and liaison for query resolution between underwriting support and underwriters.
• Weekly/monthly/annual reporting including preparing data for weekly meetings, reinsurance and any other ad-hoc management reporting request.
• Assist claims when policy information is required.
• Manage various short and long term projects as assigned by underwriters.
• Attend relevant client meetings and underwriting calls.

Skills

• Accuracy and numeracy
• Intermediate/advanced desktop abilities (Excel, Word, Outlook, PowerPoint)
• Able to communicate effectively through written and verbal communication
• Capable of working on own initiative
• Ability to manage time, meet deadlines and prioritise tasks.
• Good communication skills
• Willingness and desire to learn
• Attention to detail and accuracy
• Ability to manage workload efficiently
• Demonstratable problem solving abilities

Competencies

• Stakeholder engagement – Cultivates and maintains positive relationships with relevant internal or external stakeholders, effectively involving and communicating with them to drive collaboration, support, and alignment towards shared goals.
• Collaboration And Teamwork – Works effectively with team, project or other work groups or those outside formal line of authority to accomplish goals. Actively participates as a member of a team; develops and builds cohesive team relations to produce required outputs; possesses knowledge and understanding of colleagues work.
• Adapting To Change – Adjusts thoughts, feelings, and behaviours to handle new, challenging, or complex situations; embracing change as a growth opportunity when working within new work structures, processes, regulations, or requirements.
• Continuous Improvement – Analyses current and future state business requirements and identify strategies to continuously improve products, services or processes. Guide and inspire others to achieve results to enhance efficiency, quality and consistency.
• Innovation – Creates, develops and implements new ideas to enhance new or improved processes, systems, solutions, products or services; tries different and novel ways to deal with problems and opportunities.
• Resilience – The ability to cope with and recover from setbacks, challenges or difficulty. Persevering even under pressure or crisis situations and uses ways that foster strength and growth, often emerging stronger than before.
• Future Focused – Anticipates changes in regulations, technology and client needs, proactively responding to key trends happening in the industry. Thinks about the future through identifying opportunities and obstacles whilst planning effectively.