Underwriting Assistant

Munich Re; Manchester; On-site; GBP 22,000 - 30,000; Full time

Job summary

Munich Re is seeking an orderly administrator to support underwriting operations in Manchester. You will enter data into the S2000 system and pricing tools, scan documents, manage files, and assist with Contract Certainty and compliance processes.

You will also handle document placement, credit control support, and renewal list maintenance while attending meetings and providing project support as needed. A proactive, analytical approach is valued.

Qualifications

• Basic understanding of insurance principles.
• Familiarity with regulatory frameworks (PRA/FCA).
• Knowledge of contract certainty considerations.
• Awareness of Lloyd's regulations.
• Willingness to learn company procedures.
• Ability to analyse information and solve problems.
• Proactive and curious about processes.

Responsibilities

• Enter data into the S2000 underwriting system and pricing tools.
• Scan and photocopy documents as required.
• Manage and save documents.
• Support the clearing list and accumulation control process.
• Support the Contract Certainty (CC) process, including completing the CC checklist.
• Manage electronic placing documentation on platforms such as PPL and Whitespace.
• Review and manage exception reports weekly.
• Review and post daily premium closing messages in S2000.
• Assist in managing credit control and aged debt.
• Maintain renewal lists.
• Ensure procedures and systems are followed and maintained.
• Attend relevant meetings within the company.
• Take minutes of meetings and perform other administrative tasks.
• Provide support for new projects or initiatives.
• Handle ad-hoc tasks as necessary.
• Help drive good Conduct for customers/policyholders and understand escalation lines.

Skills

Insurance principles

Regulatory knowledge

Contract certainty

PRA/FCA rules

Lloyd's regulations

Analytical thinking

Problem solving

Proactive

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.