To provide administrative and operational support to the underwriting team and to ensure that all administrative processes are run as efficiently as possible, to serve both internal teams and external clients.
Underwriting Assistants are expected to be able to service a primary and secondary class of business. An Underwriting Assistant is expected to be flexible between teams and underwriters to provide both coverage to the business as well as maximising the learning and experience of the Underwriting Assistant.
- Risk Data Entry - Control of risk information received, including ensuring that it is appropriately and electronically filed. Ensuring risk information is kept up to date and correct, and obtaining additional risk information as required, in order for the systems to be used as efficiently as possible.
- Document Management - Ensuring files are stored appropriately
- Compliance/UW Control - Comply with external and internal regulatory and statutory policies, procedures and regulations, minimum standards and market practices
- Credit Control - Monitoring income, signings, chasing late payments and renewals, as required. Prepare and provide statistics and information in order to serve the requirements
- DA – Due Diligence Assistance
- Document Generation – support policy document generation.
- Operational support for Peer Review
Additional Responsibilites
- Proactive engagement with the underwriters and their brokers to ensure excellent service delivery by W/R/B.
- Take an active role in departmental meetings, team discussions, peer reviews and broker entertainment events.
- Promote and positively represent the Syndicate within the marketplace.
- Support W/R/B’s progress in Lloyd’s market modernisation initiatives including electronic trading and structured data capture.