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Assistant Underwriter - Onshore Energy

Starr Underwriting

City Of London

On-site

GBP 45,000 - 60,000

Full time

15 days ago

Job summary

A leading insurance organization in the United Kingdom is seeking an Underwriter. Responsibilities include managing documentation, client presentations, and liaising with brokers on renewals. The ideal candidate will have 2-3 years of relevant experience and strong analytical skills. Competitive training and development opportunities offered.

Benefits

First class training and development opportunities

Qualifications

  • 2/3 years relevant experience in the class of business.
  • Strong analytical mindset with problem-solving capabilities.
  • Excellent negotiation skills and ability to make sound decisions.

Responsibilities

  • Log all bound, quoted, and declined risks into the business log.
  • Ensure files contain all relevant documents.
  • Liaise with brokers on outstanding renewals.

Skills

Analytical and problem solving skills
Negotiation, judgment and decision making
Strong numeracy skills
Professional business writing and presentation skills
Strong communicator

Education

CII DIP or progressing towards

Tools

Eclipse
MS Office – Excel, Access, Word and Outlook
Job description

Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world.

Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.

Roles and Responsibilities

  • Log all bound, quoted, working and declined risks into the business log;
  • Ensure files are complete, contain all relevant documents and obtain any outstanding items from the broker or underwriter in readiness for Peer Review;
  • Ensure that underwriting documentation is accurate, complete, up-to-date and meet Lloyd’s standards;
  • Ensure policy wordings and clauses are slip referenced and agreed;
  • Ensure all accounts are contract certain at the time of binding;
  • Liaise with brokers to follow up on outstanding renewals as directed;
  • Follow up on outstanding quotes with the relevant broker;
  • Communicate frequently with the broker to establish the progress of premium collections;
  • Work in conjunction with the Underwriter to deliver client/broker presentations and meeting;
  • Develop market relationships through participation in market groups, conferences and networking events;
  • Produce standard and ad-hoc reports as required.

Experience/Skills Required

  • 2/3 years relevant experience in the class of business;
  • Analytical and problem solving skills;
  • Negotiation, judgment and decision making ability;
  • Strong numeracy skills;
  • Professional business writing and presentation skills;
  • Strong communicator.

Systems & I.T

  • Eclipse;
  • MS Office – Excel, Access, Word and Outlook.

Qualifications

  • CII DIP or progressing towards.

Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.

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