Insurance Underwriting Assistants

Everest Re Group,; Greater London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading insurance provider is seeking Insurance Underwriting Assistants to support underwriting operations for various insurance products. This role involves reviewing transactions, managing relationships, and ensuring compliance with guidelines. Ideal candidates will have strong analytical and communication skills, as well as proficiency in Microsoft Excel. A commitment to fostering an inclusive workplace is essential. Full-time position based in London offering opportunities for professional development.

Benefits

Generous tuition reimbursement

Flexible work arrangements

Mentoring opportunities

Talent development initiatives

Qualifications

• Experience in insurance operations or related fields preferred.
• Familiar with multi-line business submissions and endorsements processing.

Responsibilities

• Review and analyze transactions for completeness and accuracy.
• Manage underwriting relationships and respond to service inquiries.
• Gather and analyze underwriting information including reports.
• Maintain correspondence activity with internal and external customers.

Skills

Effective desk management

Written and verbal communication skills

Analytical skills

Ability to prioritise competing demands

Proficient knowledge of underwriting principles

Proficiency in Microsoft Excel

Tools

MS Office

Job description

Title:

Insurance Underwriting Assistants

Company:

Everest Advisors (Uk), Ltd.

Job Category:

Underwriting Operations

Job Description:

Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the United Kingdom, Bermuda, Canada, Singapore, US, and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. But the most critical asset in this organization is our people.

Everest is a growth company offering Property and specialty products among others, through its various operating subsidiaries located in key markets around the world. Everest has been a global leader in reinsurance with a broad footprint, deep client relationships, underwriting excellence, responsive service, and customized solutions. Our insurance arm draws upon impressive global resources and financial strength to tailor each policy to meet the individual needs of our customers.

At Everest, we are committed to the development of our people. We offer dynamic training & professional development to our employees. You will benefit from career development and learning opportunities that will let you set career goals and fulfill them, including:

• Generous tuition/continuing education reimbursement
• Mentoring opportunities
• Flexible work arrangements
• Talent development initiatives
• Networking groups

Job Summary:

This role is within Everest’s Operations Department and will provide underwriting support across various insurance products including Property, Casualty, Energy, Marine and other specialty lines of business.

Responsibilities include but not limited to:

• Review and analyse incoming transactions and related information for completeness, accuracy and quality.
• Familiar with multi-line new business submissions, renewal submissions and endorsements processing including rating, policy construction and assembly in a timely and accurate manner.
• Regularly reviews and adheres to department processing guidelines and procedures to ensure accuracy including recommended changes/enhancements.
• Manage underwriting relationships with timely responses relative to service inquiries.
• Maintain all correspondence activity with internal and external customers including daily diaries on pending transactions.
• Compliance with rules and regulations relative to cancellations and reinstatements.
• Gathering and analysing underwriting information including experience reports, final audits, loss control reports, financial reports, and loss runs.
• Ability to manage internal report updates based on manager discretion.

Knowledge, Skills & Competencies:

• Effective desk management, written and verbal communication skills.
• Ability to build effective working relationships through various communication channels.
• Ability to prioritise competing demands and requests to complete work within required time constraints with a high volume of work.
• Demonstrative analytical skills and mathematical aptitude.
• Proficient knowledge of underwriting principles, product specific coverage, policy forms, pricing tools, regulatory compliance, and insurance systems.
• Proficiency in using online reference manuals and multiple electronic systems.
• Ability to work in a team environment and manage multiple deadlines effectively.
• The ability to understand data entry rules and regulations while providing support to multiple underwriters and segments of business.
• Review and provide feedback on quality review of other team members to management based on required checklist.

Qualifications, Education & Experience:

• Proficient in MS Office, with exceptional skills in Microsoft Excel.
• Experience in insurance operations or related fields preferred.

What if I don’t meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn’t align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.

Our Culture

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. To learn more about our culture.

• Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.
• Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.

Type:

Regular

Time Type:

Full time

Primary Location:

London

Additional Locations: