Underwriting Assistant

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

Job summary

An exciting opportunity awaits as an Underwriting Assistant in a dynamic insurance firm. This role involves providing operational support to the Underwriting Team while engaging with clients and brokers. You'll assist in preparing and processing insurance documentation, maintaining accurate records, and ensuring compliance with guidelines. Ideal for detail-oriented individuals with strong communication skills, this position offers a competitive salary and a hybrid working model. Join a friendly workplace culture that values diversity and inclusion, where your contributions will be recognized and valued.

Benefits

Competitive salary

Varied benefits package

Hybrid working model

Friendly workplace culture

Qualifications

• 1+ year experience in an Underwriting department.
• Proficient with MS Office and excellent communication skills.

Responsibilities

• Assist underwriters with insurance quotes and documentation.
• Act as a liaison for brokers and Members regarding underwriting.
• Ensure compliance with internal guidelines and regulatory requirements.

Skills

MS Office proficiency

Written communication

Verbal communication

Attention to detail

Judgment

Organizational skills

Customer-focused

Job description

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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 offering an excellent opportunity to communicate with team members across the organization, including regular interactions with underwriters and brokers. The role is suitable for someone proficient with data, detail-oriented, and with a good understanding of financial concepts.

Your Responsibilities

1. Operational Support
   • Assist underwriters in preparing, processing, and issuing P&I insurance quotes, endorsements, certificates, and policy documentation in conjunction with the Underwriting Processing team.
   • Maintain accurate records and data entry in underwriting IT systems and databases.
2. 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.
   • Assist in gathering and reviewing relevant risk information, including vessel data, loss records, and due diligence, to support underwriting decisions.
   • Conduct preliminary analysis and research on risks under the supervision of underwriters.
3. Compliance and Procedures
   • Ensure adherence to internal underwriting guidelines, regulatory requirements, and company policies.
   • Support the underwriting team in compliance-related tasks as required.
4. 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, cancellations, 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 in an Underwriting department.

Skills

• Proficient with MS Office packages (Outlook, Word, Excel, etc.).
• Excellent written and verbal communication skills.
• Accurate and detail-oriented, with the ability to work accurately under deadlines.
• Judgment: ability to collate information and involve the appropriate people for decision-making.
• Communication: ability to quickly assimilate information and express it effectively both in writing and verbally.
• Organized and methodical, capable of producing high-standard work under time pressure.
• Customer-focused: proactive and attentive to the needs of external and internal customers.

About Us

Tindall Riley manages three insurance businesses: The Britannia Group (Britannia P&I), a mutual club providing P&I insurance and FD&D cover to shipowners and charterers worldwide; The Griffin Insurance Association Limited (Griffin), providing professional indemnity insurance to broking firms and MGAs; and The Wren Insurance Association Limited (Wren), offering professional indemnity insurance to architectural practices. We employ over 300 people across 9 offices globally, committed to delivering exceptional insurance services.

We offer a competitive salary, a varied benefits package, and a hybrid working model (three days in the office, two remote). We foster a friendly workplace culture that emphasizes socializing and wellbeing.

We are committed to diversity and inclusion, encouraging qualified applicants from all backgrounds to apply. For more information, visit our websites: tindallriley.co.uk, britanniapandi.com, griffin-insurance.co.uk, wrenmutual.co.uk

Additional Details

• Seniority level: Entry level
• Employment type: Full-time
• Job function: Other
• Industry: Insurance