Underwriting Operations Assistant

Underwriting Operations Assistant

Full-Time 27000 - 33000 £ / year (est.) No working from home possible
HDI Global SE

At a Glance

  • Tasks: Support Underwriters with operational services and enhance workflow efficiency.
  • Company: Join HDI, a global leader in insurance with over 120 years of experience.
  • Benefits: Gain valuable experience in the insurance industry with a competitive salary.
  • Other info: Enjoy a diverse and inclusive workplace with opportunities for growth.
  • Why this job: Be part of a dynamic team transforming underwriting operations and making a real impact.
  • Qualifications: A-level or equivalent; previous insurance experience is a plus.

The predicted salary is between 27000 - 33000 £ 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. This position is a 15 month fixed term contract.

The role: To provide Operational services as part of the “Long Tail” hub. This operational hub works very closely with the Liability & Life Sciences, Motor, Cyber & Ireland Underwriters working within the London and Ireland Offices. The Underwriting Operations Assistant will provide Operational services and provide Pre-Bind and Post-Bind support to our Underwriters. Additionally, working with the Operations team to help refine the support that we are providing to our Underwriting teams and transforming the way we provide this to ensure high levels of efficiency and service. This role would suit an individual that has worked within the Insurance industry, with experience or an interest in an Operational role.

Key accountabilities:

  • Transferral of underwriting information and correspondence into document management system where appropriate
  • Data entry of all policy types and endorsements using our underwriting data entry system – Geras - on behalf of the team
  • Data entry in to any relevant team systems
  • Ensuring a timely, efficient and appropriate workflow process is followed from start to finish
  • Monitor and review the Policy data input to Geras, ensure compliance with data quality protocols, via the Approval Gate.
  • Responsible for individual error rate and ensuring that this is in line with company standards & expectations
  • Support the Operations team by delivering a high quality service to the business
  • Develop and maintain a strong, long-term relationship with our underwriters along with their brokers by providing them with an excellent service
  • Ensure all risks comply with regulatory and compliance checks, which in turn are all performed within the underwriting guideline adhering to all Local and Group guidelines
  • Implement and maintain process controls to ensure the quality of the output of your area within the function. Ensure documentation of the processes and output is accurate, up-to-date and accessible
  • Make suggestions for process improvements within your role
  • Enhance and improve the effectiveness of the service and systems used in the Operations team and if needed participate in special underwriting projects if required
  • Reconcile and investigate accounting queries from Technical operations team
  • Understand reporting environment and assist with team KPI/Regulatory reporting when required
  • Analysis of data and/or preparing reports for own & underwriters purpose
  • Ensure full understanding of IT systems utilised within role
  • Attendance of UK Key User Group to understand any changes to systems and provide input regarding these

Skills & experience:

  • Previous experience within an insurance role
  • Knowledge of London Market; key practices and principles within the underwriting sector are desirable but not essential
  • A-level or equivalent or higher

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.

Underwriting Operations Assistant 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.

HDI Global SE

Contact Details:

HDI Global SE Recruitment Team

We think you need these skills to ace Underwriting Operations Assistant

Data Entry
Document Management
Data Quality Monitoring
Regulatory Compliance
Process Improvement
Relationship Management
Reporting and MI Reporting