PI Underwriting Assistant

XS Assure; Remote; GBP 60,000 - 80,000; Full time

Job summary

A specialist underwriting firm in the UK is seeking a PI Underwriting Assistant. This home-based role involves providing underwriting support, managing quotes, and ensuring compliance with company standards. Ideal candidates will have a minimum of three years of underwriting or broking experience, a Dip CII qualification, and proficiency in MS Excel. The firm values attention to detail and excellent communication skills, offering a fast-paced and entrepreneurial work environment.

Qualifications

• Minimum of 3 years underwriting or broking experience in liability insurance.
• Proficient in MS Excel and excellent knowledge of underwriting processes.
• Ability to work independently in a remote work environment.

Responsibilities

• Provide administrative support to underwriters.
• Assist in preparing and submitting quotations and policy documents.
• Maintain accurate records and working relationships with stakeholders.
• Identify better means of underwriting/trading.

Skills

Underwriting experience

MS Excel proficiency

Numerical skills

Problem solving

Communication skills

Organizational skills

Attention to detail

Education

Minimum Dip CII qualified (or equivalent)

Job description

PI Underwriting Assistant

Location: Home Based / Fully Remote Mon-Fri

XS Assure (XSA) was launched in 2021 and is a specialist underwriter of financial and professional lines risks in the UK and internationally. XSA's core business has been underwriting UK PI risks.

In the UK, we currently underwrite and/or place business with 5 risk carriers whilst internationally, with 3 risk carriers.

To date, XSA has been very successful in building a sizeable and profitable portfolio due to its wide risk appetite, its ability to underwrite risks based on merit, empowered underwriters and a commitment to fast turnaround time on all quotes to insurance brokers.

Operationally, XSA employs 16 staff who all work from home. Culturally, it's very entrepreneurial and fast-moving with a focus on always building a better, smarter business with little bureaucracy. XSA is looking to bring on additional talent with the same ethos.

XSA was acquired by JMG Group in July 25, so benefiting from internal services and access to group held business whilst maintaining its independence as a fast moving and growing business.

The Role

You will spend the majority of your time providing underwriting support, entering risk data into our underwriting tools, sending quotes to brokers, following up with brokers, issuing policy documentation and ensuring compliance with company standards. As underwriting support, you will work closely with underwriters, finance and operations staff in delivering exceptional service to brokers.

Role and Responsibilities

• Provide clerical and administrative support to underwriters
• Assist in the preparation and submission of quotations and policy documents
• Maintain accurate records and databases
• Maintain working relationships with internal and external stakeholders
• Assist in the collection of premiums
• Identify, better, smarter, faster means of underwriting / trading
• Contribute to technical audits and peer review processes as required to support and enable the maintenance of an effective control environment

Role Requirements

• Ideally a minimum of 3 years underwriting or broking experience in liability insurance, preferably UK market with a recognised insurer, MGA or broker
• Minimum Dip CII qualified (or equivalent)
• Proficient in MS Excel
• Fluent in English
• Excellent knowledge of underwriting processes and procedures
• High level of accuracy and attention to detail
• Excellent numerical and problem-solving skills
• Good communication, organisational and time management skills
• Ability to work independently and as part of a team - all in a remote work environment
• Highly productive

REF-(Apply online only)