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Position Overview
An exciting opportunity for a well organised and dynamic individual to work as a key member of the Underwriting team, reporting directly to the Head of International Treaty Underwriting in London.
Part of a fast growing Global Insurance platform, the role will entail working closely with both the Underwriting team and the Operations team, giving holistic exposure to the underwriting function. The successful candidate will provide hands-on assistance to the Underwriters across several tasks giving a unique insight and entry into Reinsurance underwriting.
Responsibilities:
- Work with and assist the underwriters in the management, evaluation, and analysis of property reinsurance submissions.
- Work with Central Operations Function and to perform administrative tasks such as data entry, filing, and scheduling meetings.
- Gather and review relevant data and documentation to support underwriting decisions.
- Prepare and maintain underwriting files, ensuring accuracy and completeness.
- Coordinate with brokers, and other stakeholders to obtain necessary information.
- Act on exception reports in a timely manner to ensure accurate risk details are maintained on Underwriting Systems
- Support the continuous improvement of processes by identifying opportunities and supporting route cause problem solving
- Conduct data analysis and compile reports requested to support underwriters and management.
- Participate in IT enhancements and upgrades for Underwriting systems
- Support the preparation of reports, presentations, and other documentation as required.
- Monitor and track the status of reinsurance submissions and renewals.
- Other ad hoc tasks
Experience & Skills
- Strong organisational skills with the ability to handle a variety of duties within a timely and accurate manner.
- Meticulous attention to detail with ability to manage data, highlight potential issues and work with the team to resolve.
- A very high level of numerical aptitude, curiosity, analytical skills and the ability to problem solve.
- Self-motivated and mature approach, with ability to take initiative to work alone but also work collaboratively and contribute to the culture as part of a small team
- Keen to develop skills through training & further learning
- A very high level of numeracy, analytical skills and the ability to problem solve.
- Good knowledge of Microsoft Office (Excel, Word & Outlook) or ability to learn fast
- Good level Degree in a STEM, Economics, or related field.
- Previous experience in insurance or reinsurance is preferred but not necessary.
- Strong communication and interpersonal skills.
- Knowledge of insurance/reinsurance principles and practices is a plus but not necessary.
