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Job

Underwriting Assistant (Political Risk)

  • Job ref:

    UNDWPR_1665754717

  • Location:

    City of London, London

  • Sector:

    Operations

  • Job type:

    Permanent

  • Salary:

    £26000 - £28000 per annum

  • Contact:

    Kara Moore

  • Email:

    kara.moore@thejmgroup.com

  • Published:

    about 2 months ago

  • Consultant:

    #

Job Title: Underwriting Assistant (Political Risk)
Job Type: Full-time, permanent
Location: City of London
Hybrid working
Job Description

THE ROLE

To assist the Underwriters in all aspects of underwriting and management of the Political Risk and Credit portfolio as well providing support to the team in preparation and analysis of financial models, management information reports and data analysis and carrying out some regular administrative tasks.

MAIN RESPONSIBILITIES

*Assist Underwriters in negotiation and indication of renewals and new business
*Agreement of preagreed endorsements and policy amendments on behalf of Underwriters
*Daily correspondence with brokers, including attending broker meetings and providing feedback to the team
*Participate in preparation of special projects, including account analysis and review of key statistics for management reports
*Use of account management tools (CRM, Analytics, Charisma, Sequel) to fulfil data requests from management and/or team
*Ensure underwriting systems are properly updated and risks are accurately recorded
*Assist Underwriters in the office, online and in meetings, including taking notes in team and divisional meetings
*Prepare and present to others in the team specific account analysis, sector or topic research and country and claims reviews
*Complete financial models for review by Underwriters and assist in preparation of signoff requests
*Liaise with Central Operations Department and assist in quality checking of policy administration
*Liaise with Claims Department and assist Underwriters with potential loss and recovery reporting and management
*Assist with compilation of statistics for annual Reinsurance Report

REGULATORY RESPONSIBILITIES

Manage the relationships with Customers, Agents and Service Providers:
*Advise, assist and service customers on insurance and risk matters to promote customers' satisfaction;
*Foster positive relationships with Customers and attain an understanding of their needs;
*Ensure that Customer Complaints are promptly identified, recorded and referred as appropriate; and,
*Ensure that the principles of Treating Customers Fairly are upheld by Agents and Service Providers

REQUIREMENTS

RELEVANT EXPERIENCE
Essential
*Experience within the insurance sector as an underwriter or broker

TECHNICAL SKILLS
Essential
*Excel - Intermediate
*Word
*Office

EDUCATION AND QUALIFICATIONS

*5 GCSE Maths and English grade C or above (or equivalent)
*3 A Levels grade B or above
*Lloyds Introductory Test
*Graduates are welcome to apply
*An interest in politics i.e. Master's in political science

PERSONAL SKILLS
*Professional outlook
*Very good interpersonal skills
*Excellent organisational skills
*Excellent communication skills with the ability to liaise at all levels
*Work as part of a team
*Adapt to a pressured environment
*Self-Motivated
*Capable of working to a timetable when required

The JM Group is operating and advertising as an Employment Agency for permanent positions and as an Employment Business for interim / contract / temporary positions. The JM Group is an Equal Opportunities employer and we encourage applicants from all backgrounds.