Underwriting Assistant

Tokio Marine Kiln Insurance Services Limited; City Of London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading insurance firm in London seeks an Underwriting Assistant to support the Liability department. Responsibilities include assisting in underwriting tasks, reviewing compliance, developing business relationships, and providing administrative support. Ideal candidates should have office experience, proficiency in Microsoft Office applications, and possess a keen attention to detail. A collaborative and inclusive work environment is promoted, along with flexible working options.

Benefits

Flexible working options

Inclusion network groups

CSR and charitable activities

Qualifications

• General office administration experience is required.
• Comfortable using Microsoft Word, Excel, and Outlook.
• Knowledge of Lloyds and the insurance market is advantageous.

Responsibilities

• Assist in underwriting according to department instructions.
• Review Binding Authorities to monitor budget compliance.
• Develop business relationships with intermediaries and partners.
• Assist in coaching and training graduates.
• Record all insurance business in company systems.
• Provide information for compliance with regulatory requirements.

Skills

Employee Orientation

Data Entry

Organizational skills

Adobe Acrobat

Math

Microsoft Outlook

Microsoft Word

Office Experience

Workers' Compensation Law

Microsoft Excel

Underwriting

Administrative Experience

Job description

We have the opportunity for a Underwriting Assistant to join our Liability department here at Tokio Marine Kiln . Reporting into the Departmental Manager of Liability you will assist the Managers and Underwriters to carry out all tasks relating to the underwriting and reinsurance of the Department in order to provide appropriate customer focused products and maximize profitability always bearing in mind the relationship between risk and return in respect of all underwriting activities.

The role includes responsibility for :

• To assist in the underwriting in accordance with the department managers instructions in respect of premiums terms and conditions which are set in order to secure the planned underwriting profits in accordance with the Departments agreed Business Plans.
• To accurately and efficiently review relevant Binding Authorities (where applicable) to monitor rating budgets compliance and performance.
• To establish and develop business relationships with the Departments intermediaries agents and business partners in order to secure business portfolios for the Departments that meet with the Business Plans and which are effectively handled to reduce the risk of mal-administration in the distribution process.
• Partnership with underwriters and maintenance of a general understanding of the account in order to assist underwriters divisional manager and other stakeholders.
• To assist in coaching and training provided to graduates working with the Departments to ensure that they obtain a full understanding of the rating methodology risk assessment and underwriting management processes used by the division.
• To liaise in a timely manner with internal departments to ensure requests for information feedback or guidance are dealt with effectively and efficiently.
• To accurately record all insurance business within Tokio Marine Kilns systems so that risks can be properly monitored and reviewed by the Department and that data required for all external and internal reporting requirements is accurately captured and in accordance with relevant time limits.
• To provide relevant information for independent review and compliance with regulatory requirements.
• Specific activities in respect of the underwriting management and reinsurance of the Departments business portfolio as determined by the Departmental Head Departmental Manager and Divisional Head.
• Data entry and retrieval including report set-up and analysis. Departmental administration. Maintaining the underwriting and office filing system. Scanning and photocopying. Other Ad hoc tasks as required.

Ideally the successful candidate will have some general office administration experience and will be comfortable using Microsoft Word Excel and Outlook. Knowledge of Lloyds and the insurance market is also advantageous but not essential. We are looking for a team player who has good attention to detail and confidence to work with a wide variety of people.

The successful candidate will be welcomed into the TMK family to help us further our purpose of enabling our clients to fulfil their ambitions whilst benefiting society and our people. We are committed to ensuring a safe open inclusive and empowering environment in which all of our people can thrive. All employees have the opportunity to join one or a number of inclusion network groups or take part in CSR and charitable activities. TMK is signed up to the Disability Confident Employer Scheme and we also accommodate flexible working subject to the TMK flexible working policy.

As an underwriting firm with over 140 years experience of protecting clients from changing risks we put our confidence in the ability and talent of our people. We aim to be a Good Company and this means being a great and inclusive company to do business with and being a great place to work. Our culture is founded on our core values of empowerment inclusion excellence integrity teamwork and innovation. We seek to recruit the best talent by endeavouring to reach diverse talent pools offering dynamic working arrangements and investing in development.

To make your experience as comfortable as possible please let us know if you require any reasonable adjustments or additional assistance during your application process. At Tokio Marine Kiln we are here to support you please be reassured that we will do all that we can to ensure that your specific needs are met. Please reach out to in confidence to discuss any specific assistance or requirements that you have.

If you encounter difficulties submitting your application please email .

If you are interested in this vacancy and would like to apply or find out more please follow the links to apply. You can also share this vacancy with your network using a number of social media platforms.

Key Skills

• Employee Orientation
• Data Entry
• Organizational skills
• Adobe Acrobat
• Math
• Microsoft Outlook
• Microsoft Word
• Office Experience
• Workers' Compensation Law
• Microsoft Excel
• Underwriting
• Administrative Experience

Employment Type

Full-Time

Experience

years

Vacancy

1