Underwriting Operations Assistant

chaucergroup; Greater London; On-site; GBP 24,000 - 32,000; Full time

Job summary

Chaucer invites applications for an entry-level Operations role within the Operations Business Partnering team. You will monitor mailboxes, support data quality and KPI reporting, and assist in pricing models while coordinating with business partners and underwriting teams.

Essentially you will handle day-to-day tasks, maintain policy history, and support ad hoc requests from leadership while developing an operations career in UK financial services.

Qualifications

• GCSE Maths and English or equivalent required.
• Further education qualifications (e.g. A-Levels, BTEC, NVQ or equivalent).
• Degree or equivalent qualification or experience desirable.

Responsibilities

• Daily monitoring of dedicated mailbox ensuring queries are answered within SLA.
• KPI/CRM monitoring and reporting to other departments.
• Preparation of weekly reports and maintenance of policy history records.
• Completion of daybook entries, data enrichment and pricing models.
• Investigate anomalies, check data quality and raise RCA where needed.
• Liaison with Business Partners, Velonetic technicians and other teams.
• Support underwriting and related daily tasks as required.

Skills

Word & Excel

Interpersonal skills

Organisational skills

Team player

Self-motivated

Attention to detail

Education

GCSE Maths & English

Further education qualifications

Degree or equivalent qualification or experience

Job description

This role works within the Operations Business Partnering team, which is responsible for ensuring that Chaucer captures, processes, reports and controls business data correctly and efficiently. The Team also has responsibility for managing third party business partners involved in these data management processes.

This is an entry-level operations position that would suit someone interested in building an operations career in UK financial services.

Job Description

• Daily monitoring of dedicated mailbox ensuring all queries are answered within SLA
• KPI/CRM monitoring
• Completion of daybook entries and Wizards where necessary
• Attaching slips in main workflow system and data enrichment
• Checking Charisma entries, investigating anomalies and reporting on quality
• Co-ordinating exception reports and addressing issues using RCA
• Close liaison with Business Partners and Velonetic technicians
• General maintenance of policy history, which involves organisation and filing
• Completion of pricing models
• Preparing and distributing weekly reports to other departments
• Assist in the maintenance, review and updates to Business Partner procedure manuals
• Preparation of materials and attendance meetings as required by the Business Partner
• Answering queries from Chaucer's outsourcing team
• Supporting Underwriting teams in daily tasks
• Debt analysis
• Liaison with other departments such as Reinsurance, Exposure Management & Compliance
• Support UAT as required
• Support ad hoc requests from the Head of Operations Business Partnering & Group Head of Operations

Regulatory Responsibilities

Not Applicable

Skills and Competencies

• Word & Excel - intermediate
• Flexible at all times
• Very good interpersonal skills
• Excellent organisational skills
• Work as part of a team
• Self-motivated
• Capable of working to a timetable when required
• Attention to detail and proper regard for accuracy
• Relevant general office administration experience (Desirable)

Education

Essential

• GCSE (or equivalent) Maths and English.
• Further education qualifications (e.g. A-Levels, BTEC, NVQ, apprenticeship or equivalent qualification/experience).

Desirable

• Degree or equivalent qualification or experience.

ABOUT US

Chaucer is a leading insurance group at Lloyd's, the world's specialist insurance market. We help protect industries around the world from the risks they face. Our customers include major airlines, energy companies, shipping groups, global manufacturers and property groups.

Our headquarters are in London, and we have international offices in Bermuda, Copenhagen, Dubai and Singapore to be closer to our clients across the world. To learn more about us please visit our website.

Chaucer is committed to diversity, actively values difference and respects people regardless of the protected characteristics which are outlined in the Equality Act 2010 (UK legislation) as a result of the Equal Treatment Directive 2006 (EU legislation).

A diverse workforce and an inclusive workplace are core to our success as a business and integral to our winning strategy and culture. We recruit from the widest available pool of talent, and our hiring, assessment and selection process is fair, free from bias and one which ensures we select the right person for the job, based on merit. We are committed to promoting a culture that actively values difference, and recognises that everyone has the right to be treated with dignity and respect throughout their employment.

We are open to considering flexible working arrangements for all roles and encourage you to outline your needs during the interview process.