Underwriting Operations Technician

Ryan Specialty Group; City Of London; On-site; GBP 30,000 - 40,000; Full time

Job summary

A leading insurance company in London is seeking an Underwriting Operations Technician to support underwriters in evaluating risks and ensuring compliance with guidelines. The role involves handling administrative tasks, analyzing policy language, and working with various stakeholders. Candidates should have a Bachelor’s degree in Risk Management or Business and relevant experience in the field. This position offers an opportunity to work in a dynamic environment within the insurance industry.

Qualifications

• A minimum of 6 months of related experience.
• Licenses & Certifications: CPCU, API, AU, ARe or RPLU is preferred.

Responsibilities

• Accurately input information into underwriting systems.
• Review policy language and forms to ensure compliance.
• Gather relevant market data for risk assessment.
• Assist agents and clients with inquiries.
• Organize files for underwriters’ review.
• Assess financial, medical, and business factors.
• Investigate and resolve policy-related issues.
• Maintain accurate records and documentation.
• Assist in evaluating risks for insurance approval.
• Engage with internal teams and external partners.

Skills

Data Management

Insurance Regulations

Market Knowledge

Risk Assessment Tools

Software Proficiency

Education

Bachelor’s degree in Risk Management or Business

Job description

Overview

Position Summary: An Underwriting Operations Technician plays a crucial role in the insurance industry by supporting underwriters in evaluating risks and ensuring compliance with company guidelines. They handle administrative tasks, analyze policy language, and engage with internal and external stakeholders.

Location: London - UK - Fenchurch

Responsibilities

• Accurately input information into underwriting systems.
• Review policy language and forms to ensure compliance.
• Gather relevant market data for risk assessment.
• Assist agents and clients with inquiries.
• Organize files for underwriters’ review.
• Assess financial, medical, and business factors.
• Investigate and resolve policy-related issues.
• Maintain accurate records and documentation.
• Assist in evaluating risks for insurance approval.
• Engage with internal teams and external partners.

Qualifications

• Work Experience and Education: Bachelor’s degree in Risk Management or Business.
• A minimum of 6 months of related experience.
• Licenses & Certifications: Chartered Property Casualty Underwriter (CPCU), Associate in Personal Insurance (API), Associate in Commercial Underwriting (AU), Associate in Reinsurance (ARe) or Registered Professional Liability Underwriter (RPLU) is preferred.

Technical/Functional Skills

• Data Management
• Insurance Regulations
• Market Knowledge
• Risk Assessment Tools
• Software Proficiency

Behavioral Skills

• Effective Communication
• Time Management
• Detail-Oriented
• Adaptability
• Problem Ownership
• Team Player

Disclaimer

Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization.Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression,sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners,and communities.This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.