Underwriting Assistant, Contingency

Underwriting Assistant, Contingency

Full-Time 22050 - 26950 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Support the underwriting team with data entry, account administration, and research tasks.
  • Company: Join a collaborative and innovative insurance company that empowers progress.
  • Benefits: Gain valuable experience in insurance with opportunities for growth and development.
  • Other info: Dynamic work environment with strong focus on teamwork and personal initiative.
  • Why this job: Be part of a team that enables possibilities and helps clients achieve their goals.
  • Qualifications: A-level equivalent education and 12 months of insurance experience preferred.

The predicted salary is between 22050 - 26950 £ per year.

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential.

Our work is the catalyst that helps others achieve their goals.

In short, We Enable Possibility.

  • Role purpose
  • To provide administrative and technical support to the underwriting team as required.
  • Administrative and Technical support includes but is not limited to the maintenance of files and the processing, recording of business accounts accurately and in a timely manner on the Company’s IT and administrative systems in accordance with processing standards and procedures.
  • Assisting the team in day-to-day ad hoc tasks when required (risk research, broker meetings, country overview reports etc. and providing updates to underwriters).

Key Responsibilities

  • Data Input
  • Enter submissions, rating models, quotes and bound policies onto the Arch underwriting systems
  • Conduct account clearance procedures with other parts of the company for risks or clash, as may be required – including catastrophe analysts, risk capture and data management teams
  • Review quality control output from Global Services and provide regular feedback to the underwriting team.
  • Account Administration
  • Assist the Underwriters with day to day underwriting operations
  • Assist in preparation of regular and ad hoc management reports
  • Assist in the management of binders and lineslips, including the processing of bordereaux and quality control checks on the data.
  • Undertake research activities, as directed by underwriters, for additional underwriting information from the Internet or other external sources
  • Maintenance of appropriate business activity logs to record submission activity or premium activity
  • Prepare Standard policy Documentation for underwriters’ sign off reports
  • Account Query resolution
  • Assist in the resolution of outstanding premium receivable issues, as may be directed
  • Liaise with brokers on any outstanding information requirements
  • Resolve weekly processing reports
  • General Administration
  • File preparation, photocopying, scanning, document management
  • Assisting underwriters at Lloyds Box
  • Have daily contact with back office support staff, e. g. binder management team, finance and compliance
  • Answering telephone calls, responding to emails
  • Role

Skills / Competencies

  • Strong time management skills
  • Very organised and systematic
  • Responsive
  • Good knowledge of MS Word, MS Excel, Power point and Outlook
  • Ability to work independently using initiative and without guidance and as part of a team
  • Ability to interrogate data to look for errors and anomalies.
  • Ability to review processes and look for areas for improvement.
  • Familiar with Pivot Tables and data management
  • Entry Standard of education : ‘A’ Level equivalent or above
  • Minimum 12 months experience in Insurance, ideally as an Underwriting Assistant.
  • 14101 Arch Europe Insurance Services Ltd
  • #J-18808-Ljbffr

Underwriting Assistant, Contingency employer: Arch Insurance

At Arch Europe Insurance Services Ltd, we pride ourselves on fostering a collaborative and innovative work culture that empowers our employees to reach their full potential. As a Branch Manager, you will not only lead a high-performance team but also have access to extensive professional development opportunities and a supportive environment that values teamwork and excellence in service delivery. Located in a vibrant area, our branch offers unique advantages such as strong community ties and the chance to make a significant impact in the local market.

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Contact Details:

Arch Insurance Recruitment Team

We think you need these skills to ace Underwriting Assistant, Contingency

Communication Skills
Adaptability
Problem-Solving Skills
Time Management
Flexibility
Compassion
Organizational Skills