Underwriting Assistant

Venquis; London; On-site; GBP 25,000 - 35,000; Full time

Job summary

Join Venquis as an Underwriting Assistant in London, where you will support insurance operations through data management and documentation preparation. This entry-level position offers opportunities for growth in the insurance sector, focusing on operational resilience and efficiency improvement.

Qualifications

• Strong problem solving and decision-making abilities.
• Excellent written and oral communication skills.
• Ability to work effectively in a fast-paced environment.

Responsibilities

• Data collection and entry of policy information.
• Preparing and maintaining policy documentation.
• Coordinating with departments for smooth workflow.

Skills

Problem solving

Communication

Interpersonal skills

Attention to detail

Time management

Tools

ImageRight

Guidewire

Microsoft Excel

Microsoft Word

Microsoft Outlook

PPL

Power BI

Job description

Join to apply for the Underwriting Assistant role at Venquis

Join to apply for the Underwriting Assistant role at Venquis

We have a unique opportunity for an Underwriting Assistant to join our Insurance Operations team.

This role will sit within our EMEA COO function. The Service Delivery team play a vital role in supporting the various business lines within our Underwriting team based in our London, UK office whilst at the same time undertaking transformation activities with which to broaden, and better control the services provided. This exciting opportunity will allow the incumbent to play an integral part in strengthening the operational resilience of the services provided by the Operations function, whilst laying the foundations for a career in Insurance.

Location: This position will be based out of our London office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.

Our Business, Your Impact, Our Opportunity

What you’ll be doing:

Data Collection and Entry: Gathering, validating, and inputting data will include the transposing of policy information from various documents to pricing platforms, policy administration systems or any other relevant systems.

Documentation Management: Preparing, organising, and maintaining policy documentation and underwriting files with a functional and working knowledge of ImageRight, Guidewire, Workflow, Document Management Systems, and pricing platforms.

Process Coordination: Coordinating with various departments and Outsourced providers to facilitate smooth workflow and timely processing as defined within Standard Operating Procedures. This will include:

• The management of policies from submission management to booking.
• Assistance in the preparation of renewals.
• The management of cash balances.
• Ensuring KPIs are met in relation to speed and quality.
• Issue / Query resolution: Supporting effective service delivery, queries will be resolved within established timeframes. This includes:
• Follow-up on missing documents/information from brokers to ensure completeness of the underwriting information.
• Management of Outsourced providers queries and errors.
• Compliance Adherence: Ensuring Standard Operating Procedures are followed, with related controls completed. Support will also be provided to internal/external audit teams and any auditing requirements.
• Reporting: Input into the operational management dashboard in an accurate and timely manner.
  

Continuous Improvement: Working with other UAs in the Operations department to identify and document opportunities for continuous improvement and efficiency. This will include:

• Performing functional testing of required IT & Process changes.
• Participation in change / transformation activities as a Subject Matter Expert.
• Training: Undertake all required training so as to understand the underwriting process, enabling effective support of the Underwriters. Also, support the training of new team members as they join the team.
  
  

What You’ll Bring

• Strong problem solving and decision-making abilities.
• Excellent written and oral communication skills.
• Exceptional interpersonal skills with the ability to work with a team oriented approach;
• Ability to work effectively in a fast-paced environment.
• Proactive mindset.
• Eye for detail.
• Logical thinker.
• Strong time management.
• Ability to organise efficiently.
• Confidence to challenge.
• Competent computer skills – must include Microsoft Excel, Microsoft Word and Microsoft Outlook as a minimum.
  
  

Working knowledge of Insurance Underwriting systems (to include PPL and Power BI) would be useful.

No terminology in this advert is intended to discriminate on the grounds of gender, race, age, national origin, sexual orientation, and we confirm that we are happy to accept applications from persons of any age or experience for this role.

Seniority level

• Seniority level

  Entry level

Employment type

• Employment type

  Contract

Job function

• Job function

  Finance and Sales

• Industries

  Staffing and Recruiting

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