At a Glance
- Tasks: Support underwriting duties and manage relationships with brokers and clients.
- Company: Join Chaucer, a leading insurance group at Lloyd’s with a global presence.
- Benefits: Flexible working arrangements and a commitment to diversity and inclusion.
- Other info: Dynamic team environment with opportunities for professional growth.
- Why this job: Gain hands-on experience in the insurance industry while making a real impact.
- Qualifications: Studying towards ACII qualification and UK Commercial General Liability insurance experience.
The predicted salary is between 29700 - 36300 £ per year.
The role is within Chaucer’s UK Commercial General Liability insurance team. The primary objective of the role is to assist in the day-to-day running of the account, supporting the team with underwriting duties, compliance management, premium, exposure and performance reporting, and liaising with brokers and clients as directed by a member of the team.
Supporting Underwriters in all aspects of the underwriting and management of the account:
- Maintain various underwriting logs within the team and coordinate with brokers and underwriters for accurate information
- Modelling of UK Commercial Casualty risks
- Assist with strategy documents, slides for presentations to brokers, clients, and the board
- Request renewal underwriting information from brokers and perform pre-renewal analysis
- Liaise with brokers as directed by the team
- Attend broker/client meetings as required and provide assistance
- Coordination and quality control with Risk Admin
- Agreement of endorsements/amendments/promised lines in accordance with underwriting authority when granted
- Acceptance of individual declarations to specified binders in accordance with underwriting authority when granted
- Assisting with special projects
- Review slips for contract certainty and perform all required checks
- Preparation of statistics
- Assisting the Specialist Lines unit head with management data monitoring
- Maintenance of risk history involving organisation and filing
- Keeping bordereaux exposure records
- Support the Outward Reinsurance division on data queries
Regulatory Responsibilities:
- Comply with all policies and procedures and ensure that due regard is paid to providing good customer outcomes and the fair treatment of customers.
- 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
- Assist with the completion of all required annual product review assessments to agreed timescales with approvals obtained and recorded
- Follow all Chaucer Group Product Governance processes in the UCM and obtain appropriate approvals
- Ensure that the principles of providing good customer outcomes and the fair treatment of customers are upheld by Agents and Service Providers.
Skills and Competencies:
- UK Commercial General Liability insurance experience
- Organised and able to work to tight deadlines and manage multiple priorities
- Able to communicate with different levels and is adaptable
- Resilient and able to work in a pressured environment
- Works as part of a team
Education:
- Studying towards ACII qualification
Chaucer is committed to diversity, actively values difference and respects people regardless of the protected characteristics which are outlined in the Equality Act 2010 (UK legislation) as a result of the Equal Treatment Directive 2006 (EU legislation). A diverse workforce and an inclusive workplace are core to our success as a business and integral to our winning strategy and culture. We recruit from the widest available pool of talent, and our hiring, assessment and selection process is fair, free from bias and one which ensures we select the right person for the job, based on merit. We are committed to promoting a culture that actively values difference, and recognises that everyone has the right to be treated with dignity and respect throughout their employment. We are open to considering flexible working arrangements for all roles and encourage you to outline your needs during the interview process.
Assistant Underwriter - UK General Liability in London employer: Chaucer Underwriting Services
Chaucer is an exceptional employer, offering a dynamic work environment within the Actuarial pricing team in London, where you will gain invaluable experience in general insurance pricing. With a strong commitment to employee growth, we provide actuarial study support towards your qualification, alongside a culture that values diversity and inclusivity, ensuring every team member is respected and empowered. Join us to collaborate with industry experts and contribute to innovative pricing models that protect global industries.
Contact Details:
Chaucer Underwriting Services Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Underwriter - UK General Liability in London
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We think you need these skills to ace Assistant Underwriter - UK General Liability in London
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