At a Glance
- Tasks: Support the smooth running of Treaty Reinsurance operations and enhance underwriting processes.
- Company: Join a dynamic and rapidly growing organisation with a collaborative culture.
- Benefits: Competitive salary, employee benefits, and opportunities for professional growth.
- Other info: Be part of a team that values innovation and offers excellent career advancement.
- Why this job: Make an impact in the reinsurance industry while working with innovative technologies.
- Qualifications: Experience in underwriting operations and strong IT skills are essential.
The predicted salary is between 60000 - 80000 £ per year.
Reporting to: Head of Treaty Reinsurance Operations
Position Type: Permanent
Job Purpose
Support the Head of Treaty Reinsurance Operations in the day-to-day smooth running of the Treaty Reinsurance operations. Provide innovation & ideas to enhance the underwriting process whilst liaising closely with Corporate Teams (Innovation, I.T, BI, Operational Change) to ensure change is implemented smoothly.
Key Responsibilities
- Support the Head of Treaty Reinsurance Operations in the day to day running and development of the Treaty Reinsurance Team’s reporting & underwriting systems (Corporate & Internal) alongside various London Market teams.
- Manage overdue premium collections working closely with Credit Control / Finance.
- Manage the day to day running of Aggregate Exposures ensuring Corporate 1-250 Authorities are adhered to working closely with the Exposure Management Team when required.
- Support the Head of Treaty Reinsurance Operations with Large Loss reporting.
- Support in administration of reinsurance placements.
- Support Underwriters to ensure LOB Bordereau’s are up to date and complete, liaising with the Head of Treaty Reinsurance Operations when required.
- Liaise with I.T, BI, Innovation & London Market Operational Change Teams to ensure all corporate enhancements are communicated and implemented smoothly and any improvements made by the Treaty Reinsurance Team adhere to corporate measures / standards.
- Be the main point of contact for any PEGA, SBS, DQ-Pro updates & changes ensuring all information is relayed back to the team in a clear and concise way.
- Keep up to date regarding Artificial Intelligence and how it can be used within the Reinsurance Industry.
- Provide general administrative support to the Treaty Underwriters, including: Producing renewal reports and any other ad-hoc reports using ERS/SBS.
- Assist with ad-hoc Underwriting projects / Team projects.
- Assist with ad-hoc PEGA Tasks.
Skills and Experience Specification
Essential
- Experience working in an underwriting operations role.
- High level IT / BI skill set & proficient in all Microsoft Office Applications (including SQL VBA).
- Strong numerical skills.
- Very focussed with strong organisational skills.
- Team player with excellent relationship management skills.
- Ability to work under pressure.
- A calm individual with excellent communication skills.
Desirable
- Knowledge of AI capabilities and their application in underwriting environments.
- Pega / ERS knowledge.
- Knowledge of reinsurance contract wordings.
What We Offer
The Tokio Marine HCC Group of Companies offers a competitive salary and employee benefit package. We are a successful, dynamic organization experiencing rapid growth and are seeking energetic and confident individuals to join our team of professionals. The Tokio Marine HCC Group of companies is an equal opportunity employer.
Underwriting Operations Manager – Treaty Reinsurance in London employer: Dormont Manufacturing Co
At Tokio Marine HCC, we pride ourselves on being an excellent employer, offering a dynamic work environment that fosters innovation and collaboration. Our commitment to employee growth is evident through our comprehensive training programmes and opportunities for advancement within the rapidly expanding Treaty Reinsurance sector. Located in the heart of London, we provide a competitive salary and benefits package, ensuring our team members feel valued and supported in their professional journey.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriting Operations Manager – Treaty Reinsurance in London
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We think you need these skills to ace Underwriting Operations Manager – Treaty Reinsurance in London
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