Assistant Underwriter - Cargo London, England
MS Amlin
Full Time
London, England
46832 - 86301 GBP ANNUAL Today
Job description
Role: Assistant Underwriter - Cargo
Location: London
Position type: Full time, permanent
Our Assistant Underwriters are at the heart of everything we do, without them our business wouldn’t function.
The Assistant Underwriter is a key member of the underwriting team, the individual will have a level of authority in collaboration with the senior underwriters to help make sound underwriting decisions and contribute thinking and output to operational delivery of the strategy.
About The Job
What you’ll spend your time doing:
- Support the team in underwriting and servicing of allocated accounts and operate within agreed authority parameters
- Ensure all risk details and documentation are entered and filed onto the underwriting system accurately and in a timely manner
- Conduct accuracy checks on the work of the other underwriting assistants
- Ensure the effective development of client / broker relationships, beginning to demonstrate a good understanding of the clients and the market in which they operate and how we can drive their risk needs
- Represent MS Amlin at corporate/networking events, ensuring that the MS Amlin values and behaviours are upheld at all time
- Track and report developments affecting the business of the class and raise as appropriate, to the Senior Underwriters or Underwriting Management
- Participate in the monitoring of premium payments and liaise with Brokers and CRT where necessary
- Participate in the monitoring of underwriting against the Business Plan drawing attention to exceptions where identified.
- Assistance with exposure management and aggregate capture work as well as RMS tracking
- Assistance with resolving standard risk review queries
- Work closely with Claims in reviewing and recommend action on contentious claims and to monitor claims movements on accounts.
- Conduct role in accordance with the Company’s Business Ethics policy and all regulated entities as appropriate
- Manage all queries in a professional and efficient manner
What you’ll need:
For this particular role there are some important qualifications and experience we need you to have. These include:
- Good knowledge and relevant underwriting experience within the Cargo market
- Ability to effectively influence and strong negotiation skills
- Ability to build strong relationships with brokers and coverholders
- Excellent communication skills
- Sound financial and commercial acumen
- Good time management
- Initiative and self-motivation
What you can expect from us:
A competitive salary and benefits package is a given, but you can also expect:
- A great team and supportive colleagues
- An open mind (especially to new ideas and ways of doing things)
- A strong focus on diversity, inclusion and equal opportunities
- A programme of wellbeing and mental health support
- Employer-supported volunteering (ESV)
- Flexible working
- Continuous learning
- Study support
- Structured career development
About MS Amlin
MS Amlin is part of a global top-10 insurance group, MS&AD. We’re made up of four distinct businesses covering global reinsurance, Lloyds franchise, local specialty insurer, and business services.
Conduct Rules
With the implementation of the SM&CR (Senior Managers & Certification Regime), the Financial Services and Markets Act gave the FCA new powers to write conduct rules and apply them to all employees within a firm. The Conduct Rules set basic standards of good personal conduct. They stipulate that you must:
- Act with integrity
- Act with due care, skill and diligence
- Be open and co-operative with the FCA, PRA and other regulators
- Pay due regard to the interests of customers and treat them fairly
- Observe proper standards of market conduct
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