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Underwriting Assistant

CNA Hardy

Milano
On-site
EUR 30,000 - 50,000
24 days ago
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BSH Elettrodomestici Italia

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EUR 30,000 - 45,000
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Milano
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EUR 37,000 - 45,000
24 days ago

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Underwriting Assistant
CNA Hardy
Milano
On-site
EUR 30,000 - 50,000
Full time
24 days ago

Job summary

A leading insurance provider in Italy seeks an Underwriting Assistant to support the underwriting process for new and renewal accounts. The role involves communicating with brokers, processing policies, and maintaining data quality. Candidates should have strong interpersonal skills and a desire to learn about underwriting. The position offers a chance to work independently and contribute to the operational success of the company.

Qualifications

  • Ability to communicate effectively with brokers.
  • Demonstrated ability to work on multiple tasks.
  • Knowledge of policy processing procedures.

Responsibilities

  • Support underwriters in processing new and renewal accounts.
  • Perform evaluation and pricing of low complexity risks.
  • Issue quotes and policies upon receipt of underwriter approval.
  • Maintain operational risk controls and compliance.

Skills

Productivity and quality
Independent task management
Interpersonal skills
Understanding of underwriting
Microsoft Office Suite
Knowledge of insurance products
Job description

Under general supervision, supports the underwriters in the review and processing of new and renewal accounts.

Undertakes routine procedures on assignments of low/moderate complexity and general support to underwriters.

Key Responsibilities
  • May, within designated authority and following established procedures, perform routine evaluation, and pricing of low complexity risks.
  • Assists underwriters by communicating with brokers and other departments e.g. Billings and Collections, Actuarial etc.
  • Requests underwriting information from brokers.
  • Follow up activity with brokers/UWs/CSC.
  • Issues and assembles quotes and policies upon receipt of underwriter approval.
  • Processes new and renewal business including some data entry into system, population of relevant systems, file make-up and policy issuance.
  • Upon request from underwriters, processes mid-term adjustments.
  • May provide assistance and/or training to other Underwriting Assistants.
  • Review of data quality in core policy administration systems.
  • Maintain standards and operational risk controls.
  • May assist in special project work.
  • Comply with all applicable legal and regulatory requirements and ensure, at a level appropriate to the position, that appropriate measures are in place to ensure this compliance.
  • May perform additional duties as assigned.
Skills, Knowledge & Abilities
  • Demonstrated ability to work at high levels of productivity and quality.
  • Ability to work independently on multiple tasks.
  • Good interpersonal and communication skills.
  • Strong desire to develop knowledge and understanding of underwriting.
  • Knowledge of Microsoft Office Suite as well as other business-related software.
  • Knowledge of policy processing procedures and documentation.
  • Knowledge of applicable insurance products.
  • Developing decision-making skills.
  • Appropriate knowledge of all relevant regulatory and legal requirements applicable to the position.
The Company

CNA Hardy is a leading specialist commercial insurance provider for clients within the Lloyd’s and company markets. We offer a highly specialised and comprehensive portfolio of innovative and market leading products. Coverage is available to businesses of all sizes for domestic, international and global exposures.

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* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.

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