Underwriting Assistant

Britannia P&I Club; Greater London; Hybrid; GBP 30,000 - 50,000; Full time

Job summary

An established industry player is seeking an Underwriting Assistant to join their dynamic team. This role offers a unique opportunity to engage with clients and internal teams, providing vital operational support in the underwriting process. The ideal candidate will excel in data management and possess strong communication skills, ensuring accurate documentation and compliance with internal guidelines. With a hybrid working model and a commitment to employee wellbeing, this position promises a rewarding career path in a collaborative environment. If you are detail-oriented and customer-focused, we invite you to explore this exciting opportunity.

Benefits

Hybrid working policy

Friendly workplace culture

Opportunities for socializing

Wellbeing prioritization

Qualifications

• Experience in an Underwriting department is essential.
• Proficiency in MS Office is required for documentation and reporting.

Responsibilities

• Assist underwriters with insurance quotes and documentation.
• Coordinate with brokers and members for underwriting evaluations.

Skills

MS Office (Outlook, Word, Excel)

Written Communication

Verbal Communication

Detail Orientation

Organizational Skills

Customer Focus

Education

1+ years in Underwriting

Job description

About the Role

We have an exciting opportunity for an Underwriting Assistant to provide operational and technical support to Britannia’s Underwriting Team. This is a client-facing role providing an excellent opportunity to communicate with team members across the organisation with regular interactions with underwriters and brokers. The role will suit someone proficient with data, detail-oriented, and able to demonstrate a good understanding of financial concepts.

Your Responsibilities

Operational Support

• Assist underwriters in the preparation, processing and issuance of P&I insurance quotes, endorsements, certificates and policy documentation in conjunction with the Underwriting Processing team.
• Maintain accurate records and data entry in the underwriting IT systems and databases.

Member and Broker Liaison

• Act as a point of contact for brokers, Members and internal departments regarding underwriting information, documentation and policy status
• Coordinate with Members and brokers to gather necessary information for underwriting evaluation

Risk Assessment Support

• Assist in gathering and reviewing relevant risk information, including vessel data, loss records, Member and broker due diligence to support underwriting decisions.
• Conduct preliminary analysis and research on risks under the supervision of underwriters

Compliance and Procedures

• Ensure adherence to internal underwriting guidelines, regulatory requirements and company policies
• Support the underwriting team in compliance related tasks as required

Reporting and Documentation

• Ensure accurate and timely production of documentation
• Prepare reports, summaries and presentations for internal and external stakeholders
• Monitor and follow up on pending items such as premium payments, mid-term requests, cancellation requests, documentation and renewals.

The responsibilities listed are not exhaustive and may be subject to change.

About You

Knowledge/Experience

• A minimum of 1 year of experience gained from an Underwriting department

Skills

• Computer literate and familiar with all MS Office packages (Outlook, Word, Excel, etc)
• Excellent written and verbal communication skills

Competencies

• Accurate / detail orientated – ability to work accurately with detailed information and work to deadlines and/or key milestones
• Judgement – collates the required information, involves the appropriate people to ensure the best decisions are made and subsequently implemented
• Communication – ability to quickly assimilate information, establish key issues and to express them effectively and succinctly in writing and verbally
• Organised and methodical – ability to organise and produce work of a high standard under time pressure
• Customer-focused – proactive and recognises the needs of external/internal customers and consistently delivers

About Us

Tindall Riley manages three insurance businesses. The Britannia Group (Britannia P&I), a mutual club that provides protection and indemnity (‘P&I’) insurance and freight, demurrage and defence (‘FD&D’) cover to shipowners and charterers around the world. The Griffin Insurance Association Limited (Griffin), an insurance mutual that provides professional indemnity insurance to broking firms and MGAs around the world. The Wren Insurance Association Limited (Wren), an insurance mutual that provides professional indemnity insurance to architectural practices operating in the UK and overseas. Today, we employ over 300 people globally across 9 offices and have a shared commitment to providing exceptional insurance services for our Members worldwide.

We can offer you a competitive salary and a varied benefits package. We have a hybrid working policy, three days from the office and two days remotely. We are proud of our friendly workplace culture, where we offer ample opportunities to socialise and prioritise wellbeing.

We are committed to the equal treatment of all current and prospective employees. We aspire to have a diverse and inclusive workplace and strongly encourage suitably qualified applicants from a wide range of backgrounds to apply and join Tindall Riley.

To find out more visit our websites: tindallriley.co.uk, britanniapandi.com, griffin-insurance.co.uk, wrenmutual.co.uk