Underwriting Assistant - Tech Onshore (6M FTC)

Skipton; London; On-site; GBP 30,000 - 40,000; Full time

Job summary

A reputable insurance company in London is seeking individuals with 1-2 years' experience in General Insurance or recent graduates eager to attain CII qualifications. Responsibilities include managing risk entries, assisting in budget creation, and reconciling month-end reports. Ideal candidates will possess strong numerical, analytical, and interpersonal skills.

Qualifications

• 1-2 years' experience in General Insurance or the London Market.
• Recent graduates/qualified school/college leavers are welcome.
• Eager to attain CII qualifications.

Responsibilities

• Log all bound, quoted, working and declined risks into the SFDC.
• Produce the weekly Production Report with Underwriters.
• Assist in the creation of Annual budgets for GWP, Fac RI and Expenses.
• Assist with month-end reconciliation.

Skills

Strong numerical skills

Interpersonal skills

IT skills

Analytical skills

Attention to detail

Job description

Responsibilities

• Log all bound, quoted, working and declined risks into the SFDC immediately to ensure effective use as a clearance and budgeting tool.
• Liaise with Underwriters to produce the weekly Production Report.
• Assist in the creation of Annual budgets for GWP, Fac RI and Expenses.
• Assist the Credit Control team in investigating outstanding premium, resolving queries and controlling aged debt.
• Produce and monitor department NOC's.
• Undertake data entry into the Underwriting Systems as requested by senior stakeholders.
• Assist Underwriters and Underwriting Operations with the month-end reconciliation.
• Produce standard and ad-hoc reporting through the EDW and SFDC, ensuring these are accurate and fit for purpose.
• Calculate the material impact of Endorsements and produce Endorsement Frontsheets. Monitor and log endorsements.
• Manage the Starr360 process, ensuring electronic files are kept up-to-date.
• Manage the departmental Fac RI log and produce related documentation.
• Work with the Tech Controller and Fac RI team to reconcile errors between the Fac RI Log and Eclipse.
• Assist with and drive forward company projects as required.
• Track and report on Engineering fee status. Liaise with Broking Houses to chase engineering fee payments.
• Work with Engineers to review upcoming renewals and chase brokers for necessary reports.
• Assist engineers in formatting, proofreading technical reports, and arranging travel where necessary.
• Report any suspicion of financial crime to the Money Laundering Reporting Officer immediately.
• Produce monthly UW reports covering loss ratios, rate changes, lapsed/churn, mission, and Fac spend.

Experience

This is an excellent opportunity for candidates with 1-2 years' experience in General Insurance or the London Market, or recent graduates/qualified school/college leavers. The ideal candidate will be highly numerate, eager to attain CII qualifications, and possess strong interpersonal, IT, and analytical skills with high attention to detail.

Starr is an equal opportunity employer committed to creating an inclusive environment for all employees, offering first-class training and development opportunities.