Underwriting Assistant - Renewable Energy - 12 month FTC

The Travelers Indemnity Company; Greater London; Hybrid; GBP 22,000 - 28,000; Full time

Job summary

The Travelers Indemnity Company is seeking a temporary Underwriting Assistant to support our Renewable Energy team in the London area. You will provide administrative support to underwriters, log data, prepare underwriting information and handle queries with strong attention to detail.

This hybrid role offers three days in the office and two at home, with training to underwrite, review broker submissions, and communicate with brokers and stakeholders to ensure accurate quotes and efficient risk

Qualifications

• A-Levels or similar qualification.
• Excellent attention to detail and communication skills.
• Ability to learn the industry, product lines and internal systems and programs.

Responsibilities

• Provide administrative support to underwriters, including file maintenance, creating front sheets/workbooks and ensuring quotes, risk and endorsements are accurate across systems.
• Gather and analyse information to help underwriters evaluate risks and assist in pricing decisions.
• Monitor actions from meetings and follow up with underwriters to ensure timely completion.
• Assist Operations or Credit Control with overdue premium or aged debt queries.
• Review weekly reports to ensure data is recorded for risks and actions are completed.
• Assist in reviewing broker submissions, endorsements and renewals for accuracy and completeness; prepare for broker meetings.
• Communicate with brokers, coverholders and stakeholders to gather information and address inquiries professionally.
• Ensure underwriting decisions comply with guidelines and regulatory requirements.
• Undergo extensive training to underwrite, sell to, negotiate with brokers and manage a profitable book of business.
• Begin to build relationships with Travelers employees within the unit and across the enterprise to share information and discuss cases.

Skills

Attention to detail

Communication

Data entry

Underwriting knowledge

Education

A-Levels or equivalent

Tools

MS Office

CRM systems

Job description

Who Are We?

Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.

Target Openings

1

What Is the Opportunity?

Business Insurance Specialty provide highly specialised insurance solutions for clients throughout the world and in a variety of industry sectors traded via brokers, through our syndicate at Lloyd’s of London and the London market.

We are looking for a temporary Underwriting Assistant to support our Renewable Energy team. In this role you be responsible for administering and logging data, preparing underwriting information and dealing with queries. You will have excellent attention to detail and communication skills.

Travelers Europe currently offers flexibility to employees who wish to work on a hybrid basis in accordance with our Hybrid Work Arrangements Policy. This entails full time employees working three days a week in the office and two days at home (or pro rata for part-time employees). This policy may be changed at the Company’s discretion.

What Will You Do?

• Provide administrative support to underwriters, including file maintenance, creating front sheets/ workbooks and ensuring the accuracy of quotes, risk and endorsements across all relevant systems dealing with queries if they arise.
• Gather and analyse pertinent information to assist the underwriters to evaluate risks, including sending risks for pricing, monitoring responses to ensure underwriters obtain pricing results in good time.
• Monitor actions from internal and external meetings and follow up with underwriters to ensure points are actioned in a timely manner.
• Assist Operations or Credit Control with resolving queries on overdue premium or aged debt.
• Review and action as appropriate weekly reports to ensure data has been accurately recorded for risks and ensure any outstanding actions highlighted by the reports are completed by you or your underwriting team as required.
• Assist in reviewing broker submissions, endorsements and renewals to ensure accuracy and completeness. Assist underwriters in preparation for broker meetings.
• Communicate with brokers, coverholders, and other stakeholders to gather additional information, clarify underwriting requirements, and address inquiries in a professional and timely manner.
• Ensure that underwriting decisions comply with our underwriting guidelines, Lloyd’s underwriting guidelines, regulatory requirements and enterprise standards.
• Undergo extensive training in order to underwrite, sell to, negotiate with, and influence brokers to manage a profitable book of business.
• Begin to build and understand relationships with Travelers employees within the business unit and across the enterprise in order to share information, discuss cases and begin to create sales plans.
• Perform other duties as assigned.

What Will Our Ideal Candidate Have?

• Knowledge: Takes initiative on tasks with the ability to learn the industry, product line, and internal programs and platforms.
• Communication: Demonstrates effective verbal, written and listening communication skills.
• Analytical/Critical thinking: Ability to leverage analytical skills to interpret complex data and assess risk factors.
• Organisation: Detail-oriented, organised and ability to effectively manage your time.
• Inclusion: Ability to work with people from different backgrounds, experiences, cultures, races, etc. and views those differences as assets to be leveraged to accomplish business goals and objectives.
• Presentations: Synthesise and present exhibits, results, and observations to direct manager and team members.
• Technology: Ability to adapt and learn new technology to use it as efficiently as possible.

What is a Must Have?

• A-Levels or similar qualification.

Employment Practices

Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.

Travelers reserves the right to fill this position at a level above or below the level included in this posting.

To learn more about our comprehensive benefit programs please visit http://careers.travelers.com/life-at-travelers/benefits/.