Underwriting Assistant – Accident & Health

Antaresunderwriting; London; On-site; GBP 35,000 - 50,000; Full time

Job summary

A leading company in Insurance and Reinsurance is seeking an Assistant Underwriter for their Accident & Health team in London. The ideal candidate will have experience in Lloyd's of London, strong analytical skills, and a proactive mindset. Responsibilities include providing support to the underwriting team and managing data accuracy. This role offers an opportunity for professional growth and development within a dynamic environment.

Qualifications

• At least 3 years' experience in a syndicate within Lloyd's of London.
• Demonstrable understanding of the Lloyd's Insurance Market.

Responsibilities

• Provide technical and administrative support to the Underwriting Team.
• Monitor bordereaux for accuracy and timeliness.
• Develop professional relationships with stakeholders.

Skills

Problem-solving

Decision-making

Communication

Interpersonal skills

IT skills

Organizational skills

Education

A-Levels or equivalent in Business

A-Levels or equivalent in Finance

A-Levels or equivalent in Economics

A-Levels or equivalent in Maths

Working towards CII

Tools

Microsoft Excel

Microsoft Word

Microsoft Outlook

Job description

Assistant Underwriter – Accident & Health

This role offers a great opportunity for a confident, articulate, proactive and driven individual with at least 3 years’ experience working for a syndicate within Lloyd’s of London.

The team is looking for a candidate who is highly numerate and demonstrates a passion for developing their knowledge of this technical class. The successful candidate will possess demonstratable interpersonal skills and the ability to build strong relationships with stakeholders both inside and outside the firm. Proficient IT, numerical and analytical skills are required, as is a high attention to detail.

This role would be best suited to an individual currently holding an underwriting support role such as an underwriting assistant, underwriting technician looking to join an established Accident & Health team within a global provider of Insurance and Reinsurance.

Experience

• Experience working for a syndicate within Lloyd’s of London and a demonstratable understanding of the Lloyd’s Insurance Market and general insurance.

Qualifications

• A-Levels or equivalent in Business, Finance, Economics or Maths preferred
• Working towards CII preferred
• Knowledge of Accident & Health insurance not required but preferred

Desired Skills

• Strong problem-solving and decision-making capabilities
• Excellent written and oral communication skills
• Ability to take accountability
• Confident, and interpersonal skills
• Ability to work independently and as part of a team
• Ability to work effectively in a fast-paced environment
• Proactive mindset
• Takes a logical approach to tasks
• Well-organised
• Strong IT skills – must include Microsoft Excel, Word and Outlook
• Drive to attain CII qualifications

Key Responsibilties

• Provide technical and administrative support to the Underwriting Team
• Bordereaux monitoring for accuracy and timeliness
• Ensure internal folders are complete and accurate
• Oversee accuracy of data entry on internal system
• Peer review management including front sheet completion
• Develop and monitor professional relationships with all stakeholders to the benefit of the organisation
• Assist with delegated underwriting queries
• Manage PPL and Whitespace
• Manage all elements of reporting relating to: whole account performance, individual account performance, exposure management, outwards reinsurance purchase, renewals, monthly signings, and monthly claims movements
• Develop procedures and practices that improve the Teams efficiency
• Liaise with other business functions to ensure consistency of process and systems
• Ensure own technical training and personal development is maintained and enhanced in order to sustain and improve the account’s performance

All applicants must have the right to work in the UK