Assistant Underwriter, Europe Property Division

Allied World; Greater London; On-site; GBP 35,000 - 50,000; Full time

Job summary

A global insurance company is seeking an Assistant Underwriter in Greater London. This role requires excellent analytical and communication skills, as you will be liaising with clients and brokers. Key responsibilities include responding to inquiries, conducting reviews of underwriting files, and collaborating with the claims team. Candidates should have strong organizational abilities and be proficient in MS Office and underwriting systems. This position offers a professional environment where teamwork and collaboration are valued.

Qualifications

• Strong analytical skills and understanding of pricing and actuarial models.
• Exceptional communication and interpersonal skills for client and broker liaison.
• Methodical approach to work with strong organizational skills.

Responsibilities

• Respond to inquiries from brokers and ensure information is correctly filed.
• Liaise regularly with claims team for up-to-date claims information.
• Conduct reviews of underwriting files to ensure required documentation.
• Conduct compliance referrals with underwriters.
• Perform quarterly reviews of underwriting files.

Skills

Analytical skills

Communication and interpersonal skills

Marketing and business development

Computer literacy

Organizational skills

Team collaboration

Tools

Genius system

Openbox

Openbox

Job description

Job Description – Assistant Underwriter, Europe Property Division (2600000D)

Job Description

Duties and Responsibilities

• Respond to enquiries from brokers received by phone, e-mail or online platform in a courteous and helpful manner ensuring all information to enable the underwriting of any risk is obtained and filed correctly.
• Ensuring receipt of and review of outstanding information (including the underlying / followed policies) to ensure consistency with the terms and conditions agreed at binding.
• Regular liaison with our claims team to ensure underwriters have up to date claims information on all renewal accounts.
• Conduct referrals to the compliance department in conjunction with the underwriters to ensure all risks are subject to any required checks.
• Conducting quarterly reviews of the underwriting files to ensure that all the required documentation is present and accounted for.
• Accountable for ensuring that the underwriting files are kept in an orderly manner and in accordance with the underwriting guidelines and in conjunction with the underwriters.
• Maintain frequent dialogue with the Underwriting Operations team to ensure that files are maintained at the expected and required level of completeness.
• Assisting with the creation and updating of business logs and other tools as required.
• Liaise regularly with our credit control team and work with them to resolve any issues with late premium payment, taxes or reconciliation.
• Maintain up to date knowledge of current affairs and market trends through individual research and team discussions.

Person Specification

• Excellent analytical skills and an understanding of pricing & actuarial models and methods.
• Must be highly articulate, with exceptional communication and interpersonal skills — required for daily liaison with clients and brokers and building strong working relationships.
• Strong marketing and business development capability — commercial acumen, ability to influence and negotiate to various levels of seniority, internally and externally.
• Highly computer literate within MS office applications and an advanced level proficiency using underwriting systems such as Genius and Openbox an advantage.
• Methodical approach to work, strong organisation skills; capable of dealing with tight reporting dealing and conflicting priorities.
• Overall team player with collaborative outlook.