At a Glance
- Tasks: Support the underwriting team with templates, client onboarding, and analysis of business risks.
- Company: Join HDI, a global insurer with over 120 years of experience.
- Benefits: Gain valuable experience in a dynamic environment with opportunities for growth.
- Other info: Be part of a diverse team committed to inclusivity and creativity.
- Why this job: Make an impact in the insurance industry while developing your skills.
- Qualifications: Interest in insurance and strong attention to detail required.
The predicted salary is between 63000 - 77000 Β£ per year.
HDI is a Corporate & Specialty Insurer part of the Talanx Group.
With over 120 years of experience, HDI operates across five continents, around 40 countries and employs over 5,000 people worldwide.
The role
- To support the underwriting team in creation of underwriting templates, pre-underwriting due diligence and underwriting information collation.
- To support the underwriting team with specific CPRI line of business tasks including enquiry distribution, meeting agendas, website updates, new client on-boarding, NDA agreements and ad hoc direct client processing including invoicing.
- Assist in the development of underwriting tools such as pricing, MI and Underwriting templates.
- To analyse, assess and underwrite lower complexity business as identified by Senior Underwriters and colleagues.
- To maintain underwriting discipline and divisional guidelines within the team and operate within granted authority levels.
- Key accountabilities
- Team Support
- Monitor team inbox and coordinate and allocate enquiries to Underwriters.
- Manage client onboarding activities, including KYC requirements and related documentation.
- Support the administration of non-disclosure agreements and client documentation.
- Assist with direct client invoicing processes and maintain accurate records and trackers.
- Produce and maintain team reporting, meeting materials and other business support documentation.
- Underwriting, pre-bind processing, and servicing of new and renewal business within authority levels and in accordance with the business plan.
- Pre-populate underwriting renewal template reports with all additional material and database data.
- Support the team in developing rating tools.
- Assist with the maintenance of portfolio data.
- Carry out compliance checks, including sanctions screening and contract certainty.
- Broker & Client Engagement
- Attend client meetings and support the team with client development.
- Develop and nurture relationships with key broking partners.
- New business and renewal chasing to brokers and clients.
- Identify opportunities to improve processes, controls and efficiencies across the team.
- Contribute to team projects and initiatives, taking ownership for activities within your area of responsibility.
- Design, implement and maintain process controls to ensure quality of the output for your area.
Ensure documentation of the processes and output is accurate, up-to-date and accessible.
Skills & experience
- Prior experience within the insurance market or relevant sector with transferable skills.
- An interest in political, economic, sovereign and market-driven risks.
- Excellent attention to detail.
- Organised and able to manage workload efficiently.
- Able to communicate effectively and build positive working relationships.
- A curious and proactive mindset, with a willingness to learn and develop.
As an equal opportunities employer, we are committed to creating an inclusive environment for all employees, recognising that a diverse and inclusive workplace is a creative and prosperous one.
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Assistant Underwriter - Credit & Political Risk employer: HDI Global SE
HDI is an exceptional employer, offering a dynamic work environment where finance professionals can thrive. With a strong commitment to employee development and a culture that values collaboration and innovation, you will have the opportunity to partner with senior stakeholders and drive meaningful change within the organisation. Located in the UK, HDI provides a unique chance to engage with diverse markets while enjoying the benefits of a supportive and inclusive workplace.