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A prestigious London Market Insurer is seeking a Delegated Underwriting Assistant to join their team. This permanent position is ideal for a candidate with 1-2 years of experience in Underwriting or Broking, looking to advance their career in a supportive environment that emphasizes compliance and effective business management within Delegated Authority contracts.
i3 City Of London, England, United Kingdom
i3 City Of London, England, United Kingdom
This range is provided by i3. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Delegated Underwriting Assistant
London Insurance Market
City, London/ Hybrid (1-2 days in the office per week)
Permanent
Up to £42,000 per annum + benefits + 10% bonus
A fantastic opportunity has arisen for a Delegated Underwriting Assistant to join a prestigious London Market Insurer on permanent basis.
This position will suit a second jobber with 1-2 years of Underwriting or Broking experience.
You will assist the Delegated UW Manager in managing the administration of all business written under Delegated Authority contracts.
The role is working within the DUA team and providing effective oversight of all my client’s Delegated business.
Key responsibilities:
· Assist the DUA Manager and Head of Delegated UW Operations as required in the ongoing management of all areas of Delegated UW business.
· Providing guidance and support to underwriting units in relation to Delegated authority business and ensuring compliance with Lloyd’s code of practice and minimum standards.
· Maintain appropriate approval and review processes for new and existing Coverholders & Delegated authority contracts.
· Liaise with Lloyd’s Policyholder & Third-Party Oversight team as required.
Required skills/ experience:
· 1+ years’ experience of Delegated UW business from a previous DUA role in a Lloyd’s, London Market or Broking firm.
· Experience in using Lloyd’s Systems – Atlas and DCOM
· Progressing with CII examinations
Delegated Underwriting Assistant
London Insurance Market
City, London/ Hybrid (1-2 days in the office per week)
Permanent
Up to £42,000 per annum + benefits + 10% bonus
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