Underwriting Assistant

Munich Re Group; Greater London; On-site; GBP 25,000 - 35,000; Full time

Job summary

Munich Re Group is seeking an organised administrator to support underwriting workflows in London. The role involves data entry into the S2000 system, document management, and assisting with the Contract Certainty process to ensure accuracy and compliance.

You will scan documents, monitor electronic placing records, and help with renewals and credit control. A proactive, detail-oriented candidate will thrive in this regulatory-focused environment.

Qualifications

• Basic knowledge of insurance principles and contract certainty concepts.
• Familiarity with PRA/FCA rules and Lloyd’s regulations is beneficial.
• Demonstrates analytical thinking and attention to detail.
• Willingness to learn company procedures and comply with compliance manuals.
• Ability to identify risks and report changes to line manager.
• Proactive, energetic and curious approach to work.

Responsibilities

• Enter data into the in-house S2000 underwriting system, pricing tools and other administration systems.
• Scan and photocopy documents as required.
• Manage and save documents.
• Support the clearing list and accumulation control process.
• Assist with Contract Certainty (CC) process, including CC checklist completion.
• Monitor electronic placing documents on platforms like PPL and Whitespace.
• Review weekly exception reports and post daily premium closing messages in S2000.
• Assist in managing credit control and aged debt.
• Maintain renewal lists and ensure procedures are followed.

Skills

Insurance knowledge

Contract certainty

Lloyd’s regulations

Legal principles

Regulatory rules (PRA/FCA)

Analytical thinking

Attention to detail

Job description

Responsibilities

• Entering data into the in-house S2000 underwriting system, pricing tools and other administration systems as required.
• Scanning and photocopying of documents, as required.
• Management and saving of documents.
• Support the clearing list and accumulation control process, as required.
• Support the Contract Certainty (CC) process, including completing the CC checklist, when requested.
• Managing/monitoring electronic placing documentation on platforms such as PPL and Whitespace.
• Reviewing and managing exception reports on a weekly basis.
• Reviewing and posting daily premium closing messages in S2000.
• Assist in managing credit control and aged debt.
• Maintaining renewal lists.
• Ensure that company procedures and systems are followed and maintained, as per procedures and compliance manuals.
• Attend relevant meetings within the company.
• Taking minutes of meetings and any other administrative tasks, as and when required.
• Providing support in respect of new projects or initiatives, as and when needed.
• Any other ad-hoc tasks, as necessary.
• Help drive forward good Conduct for the business to deliver the best outcomes for customers / policyholders.
• Understand all appropriate lines of escalation and the responsibilities of the Product Conduct Risk Strategy Group (PCRSG), Underwriting & Claims Sub Committee (UCSC) , ExCo and Board for Conduct Risk.

Knowledge and Skills

• (Prior knowledge is not essential but will place candidates at an advantage)
• Basic (Level 1) knowledge and understanding of:
• Underlying Principles of Insurance;
• Legal Principles;
• PRA /FCA and rules and regulations, including contract certainty issues;
• Lloyd’s regulations;
• Demonstrate clear understanding of all company specific procedures that relate to own role;
• Demonstrate growing understanding of the roles of colleagues and their relationships to the structure and business plans of the firm;
• Willingness to continue to develop knowledge of policies and related issues through formal and informal learning, both internally and externally to the firm
• Be aware of the potential risks facing the business within own job role and the controls that are in place to mitigate them; and report all significant changes in these risks, or the effectiveness of controls, to your line manager in a timely manner.
• Analytical, critical thinker with a problem solving attitude.
• Proactive, energetic and curious.