Underwriting Assistant (Lloyd's MGA)

HFG; City Of London; Hybrid; GBP 30,000 - 40,000; Full time

Job summary

A leading Lloyd's MGA is seeking an Underwriting Assistant to join their team in London. This hybrid role involves maintaining underwriting records, ensuring data accuracy, and assisting underwriters across various lines of business such as Construction and Cyber. Candidates should have at least 2 years of experience in underwriting or related fields. Strong skills in risk information capture and policy administration tools are essential. The position offers a collaborative work environment with opportunities for professional growth.

Qualifications

• 2+ years experience in underwriting or similar roles.
• Proficient in capturing and maintaining risk information.
• Ability to work collaboratively with underwriters and brokers.

Responsibilities

• Capture underwriting risk information and maintain records.
• Build understanding of the Policy Administration System (PAS).
• Process manual closings and endorsements.
• Resolve queries from underwriters and brokers.
• Support creation of business reports.

Skills

Data entry accuracy

Understanding of underwriting processes

Strong communication skills

Tools

Policy Administration System (PAS)

Insureflow/Sequel MGA

Job description

New Vacancy - Underwriting Assistant (MGA)
Lloyd's MGA
London/Hybrid

I am currently partnered with a leading Lloyd's Syndrome who are seeking an Underwriting Assistant to join their growing team.

This role will be responsible for maintaining and ensuring the accuracy of records kept for the underwriting classes across the MGA, working closely with the Underwriters of these classes and with the Operations function as required. You will be handling a variety of lines of business including; Construction, Cyber, Aviation and more.

My client is looking for someone with circa 2+ years experience.

Key Responsibilities

• Accurately capture underwriting risk information and maintain complete records within the primary MGA Policy Administration System and any other relevant platforms.
• Build a strong understanding of the Policy Administration System (PAS) and Insureflow/Sequel MGA to ensure data entry supports accurate and meaningful analysis and reporting.
• Scan slips, endorsements, and placement documents as required.
• Process manual closings and endorsements, resolve queries from underwriters and brokers regarding premium receipts, and support the reconciliation of written versus paid variances.
• Stay informed about technical and operational developments affecting the MGA platform.
• Validate risk information, review discrepancies, and clear system exceptions.
• Support the creation of regular and ad hoc business reports.
• Liaise with brokers, colleagues, and external parties to resolve day-to-day underwriting queries.