Assistant Underwriter - Equine & Livestock

Canopius; Greater London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading global insurer in London is looking for an enthusiastic individual to support the Equine and Livestock team. The role focuses on managing various administrative tasks, aiding in underwriting, and ensuring all risk records align with guidelines. Requirements include strong analytical abilities and proficiency in desktop tools. The company offers a robust benefits package alongside a flexible working model, fostering an inclusive workplace where all contributions are valued.

Benefits

Comprehensive benefits package

Hybrid working

Discretionary bonus

Non-contributory pension

Health and dental cover

Qualifications

• Strong proficiency in Excel and other MS Office applications.
• Ability to communicate effectively, both written and verbally.
• Capable of working independently and in a team.

Responsibilities

• Assist in preparation of contract documentation for business.
• Monitor underwriter workloads and report accordingly.
• Manage administrative duties to support the underwriting team.

Skills

Accuracy and numeracy

Intermediate/advanced desktop abilities (Excel, Word, Outlook, PowerPoint)

Effective communication

Time management

Attention to detail

Problem solving abilities

Job description

THE ROLE

JOB DESCRIPTION

To provide support to the Equine and Livestock team in running the day to day of a diverse portfolio of open market risks, linselips and delegated authority business emanating from multiple platforms, brokers and territories.

The individual in question would be instrumental in the administrative function of the team however would also be involved in the underwriting with long term aspirations to become an underwriter.

Key Responsibilities

• Assist in preparation of all necessary contract documentation for referral, new and renewal business.
• Assist with the maintenance of underwriting manuals, guidelines and other underwriting materials under direction of the underwriting team.
• Binder administration including bordereaux management, DUA liaison, EPI monitoring, and assisting in the preparation of data as appropriate.
• Monitoring the underwriter’s workloads and reporting to ensure all risk records are completed within the time frame within the underwriting guidelines.
• Act as the point of contact and liaison for query resolution between support functions and underwriters.
• Monitor the unit’s key performance metrics.
• Weekly/ monthly/ annual reporting including preparing data for weekly and divisional meeting, reinsurance and any ad hoc management reporting requests.
• Maintain underwriting team meeting agendas, minutes and action point follow-up.
• Assist claims when policy information when required.
• Manage various short and long term projects as assigned by underwriters.
• Responsible for administrative duties as needed to assist the underwriting department.
• Liaise with external stakeholders such as brokers, and reinsurance brokers when necessary.
• Attend relevant client meetings, training sessions, team’s meetings.

Skills And Experience

• 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.
• Willingness and desire to learn
• Attention to detail and accuracy
• 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.

Our Benefits

We offer all employees a comprehensive benefits package that focuses on their whole wellbeing. This includes hybrid working, a competitive base salary, non-contributory pension, discretionary bonus, insurances including health (family) and dental cover, and many other benefits to enhance financial, physical, social and psychological health.

ABOUT US

Canopius is a global specialty lines (re)insurer. We are one of the leading insurers in the Lloyd’s of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda.

At Canopius we foster a distinctive, positive culture which enables us to bring our whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results.

Based in incredible new offices in the heart of the City of London, Canopius operates a flexible, hybrid working model and is committed to providing an environment that challenges employees to be their best and where everyone's unique contributions are recognised, valued and respected.

We are fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment. All employment decisions are made regardless of age, sex, gender identity, ethnicity, disability, sexual orientation, socio-economic background, religion or beliefs, marital or caring status, or any other status protected by the laws or regulations in the locations where we operate. We encourage and welcome applicants from all diverse backgrounds.

We make reasonable adjustments throughout the recruitment process and during employment. Please let us know if you require any information in an alternate format or any other reasonable adjustments.