Delegated Authority Assistant

Starr Underwriting; City Of London; On-site; GBP 25,000 - 35,000; Full time

Job summary

An international insurance organization seeks a Delegated Authority Assistant to support the Delegated Authority Team in various essential tasks, including managing trackers and assisting with reports. Ideal candidates will have 1-2 years of experience in the insurance industry or be recent graduates with a strong attention to detail, advanced Excel skills, and excellent communication abilities. Starr Underwriting promotes an inclusive work environment with opportunities for training and development.

Benefits

First-class training and development opportunities

Qualifications

• 1-2 years’ experience in General Insurance or the London Market.
• Recent graduate or well-qualified school/college leaver.

Responsibilities

• Manage the Coverholder Tracker and Line slip sheets.
• Assist in the preparation of Coverholder, Line, and Audit reports.
• Provide timely and accurate reports for internal use.

Skills

Attention to detail

Problem solving

Advanced Excel skills

Excellent communication

Education

CII qualifications or equivalent

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.

Role Purpose

To provide the Delegated Authority Team support in relation to binding authorities business, Line slips, Consortium, Bordereaux and Coverholder Audits. The Delegated Authority Assistant will provide support to the Delegated Authority team in their day-to-day activities.

Responsibilities:

To manage the ‘Coverholder Tracker’ sheet, and Line slip Sheet for all accounts recorded. Assistance in the preparation of Coverholder, Line and Audit reports. Undertake line slip due diligence with training and guidance. Assistance with the monthly Delegated Authority Oversight Group Reports. Production of ad-hoc management information reports upon request. Assistance with the Bordereaux into VIPR Assistance with any Ad hoc Reporting request. Assistance with VIPR broker and Underwriter liaison. Immediately report any suspicion of financial crime to the Money Laundering Reporting Officer. Manage any potential conflicts of interest to avoid disrepute to the company’s integrity. Immediately advise Compliance of any complaints. Operate within the Company’s standards for Treating Customers Fairly. Timely and accurate information submitted for internal reports. Feedback from internal and external stakeholders on service delivery and knowledge of their specific business needs. High standards of accuracy and data integrity. Accuracy of file construction / binder construction.

Experience:

This is the perfect opportunity for a candidate who has 1 – 2 years’ experience in General Insurance or the London Market and is looking to attain CII qualifications, or a recent graduate / well-qualified school/college leaver. We are looking for a candidate who will have a high attention to detail, good at problem solving, be an excellent communicator and have advanced excel skills.

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.