Underwriting Assistant - Professional Indemnity

Join Starr, a global leader in commercial insurance with over a century of expertise. We empower our employees to innovate, make impactful decisions, and build lasting client relationships worldwide. At Starr, you'll work in an entrepreneurial culture alongside accessible leaders, leveraging our financial strength and vast industry experience to deliver solutions for our clients, no matter how complex. Grow your career with a rapidly growing company that invests in its people and their ability to drive real progress.

Role Purpose

To support the Professional Indemnity division through defined administrative responsibilities, providing support within Underwriting Controls and utilise the Underwriting Authority granted, within the set parameters, and ensuring compliance with regulatory and Company standards.

Key Responsibilities

• Oversee the work completed by members of the Underwriting Operations department.
• Perform the following administrating tasks as directed by Underwriting team:
• Data entry into Underwriting systems within a timely fashion;
• Assist in USM matching;
• Ensure all tasks are completed for month-end close; and
• Provide training where applicable.
• Log all bound and quoted risks into the business log immediately.
• Ensure that Underwriting files are complete and accurate. Obtain any outstanding items from the broker or underwriter in readiness for Peer Review.
• Ensure that signings are accurate and are consistent with written confirmations.
• Assist the Credit Control team in investigating outstanding premium, resolving queries and controlling aged debt.
• Produce standard and ad-hoc reporting through the EDW ensuring these are accurate and fit for purpose.
• Assist with company projects as required.
• Ensure that the Peer Review is complete within 30 working days from QA by communicating with the Underwriter.
• Provide PBQA and Contract Certainty oversight ensuring that potential issues are escalated through the appropriate channels.
• Monitor lineslips and binders ensuring that bordereaux/declarations are received and recorded in a timely and accurate fashion.
• Conduct research and analysis on individual transactions of interest.
• Liaise with brokers to discuss new transactions
• Follow up with brokers on outstanding quotes and renewals as directed by the Underwriting team.
• Report any suspicion of financial crime to the Money Laundering Reporting Officer immediately.

The above duties and responsibilities are not an exhaustive list, and you may be required to undertake other reasonable duties compatible with your experience and competencies. This description may be varied from time to time to reflect changing business requirements.

Qualifications, skills and experience

Essential

• Advanced data entry skills
• Advanced numeracy skills.
• Advanced attention to detail.
• MS Office - Excel, Word, PowerPoint and Outlook.
• Ability to communicate, both in a written and verbal format
• Interest in the London Insurance Market.

Core behavioural competencies

• Communication
• Accuracy
• Relationships
• Communication and influence

Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.