Assistant Underwriter - Onshore Energy

Starr Insurance Companies; London; On-site; GBP 35,000 - 45,000; Full time

Job summary

A leading insurance firm in London seeks a candidate with 2-3 years of relevant experience to manage risk documentation and liaise with brokers. The ideal candidate will possess strong analytical, negotiation, and communication skills. Opportunities for professional development are available.

Benefits

First class training opportunities

Inclusive work environment

Qualifications

• 2/3 years relevant experience in the class of business.
• Ability to negotiate, make judgments, and decide.
• Strong professional business writing and presentation skills.

Responsibilities

• Log all bound, quoted, working and declined risks into the business log.
• Ensure all underwriting documentation meets Lloyd's standards.
• Liaise with brokers to follow up on outstanding renewals.

Skills

Analytical skills

Problem-solving skills

Negotiation skills

Judgment ability

Strong numeracy skills

Professional business writing skills

Strong communication skills

Education

CII DIP or progressing towards

Tools

Eclipse

MS Office - Excel

MS Office - Access

MS Office - Word

MS Office - 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 & IT

• 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.