Assistant Underwriter - Marine Greater London
Job description
Travelers Europe currently offers flexibility to employees who wish to work on a hybrid basis in accordance with our Hybrid Work Arrangements Policy. This entails full time employees working three days a week in the office and two days at home (or pro rata for part-time employees). This policy may be changed at the Company’s discretion.
This role is eligible for a £3,000 new joiner bonus. If you are successfully referred by an employee at Travelers Europe, both you and the person who referred you could be eligible for this bonus.
- Support the overall profitability, growth and retention of your assigned Line of Business and consistency of all related underwriting initiatives.
- Ensure that business is written in accordance with the Company's policies, procedures and controls (including audit requirements) at all times, and adheres to Lloyds Underwriting Management Standards ensuring business is only accepted in accordance with: individual underwriting authority where relevant, with approval under the Lloyds Individual Registration Byelaw; the Unit's business plan for the relevant year.
- Utilise appropriate systems to accurately enter quotes, risks and endorsements, so as to ensure correct management, statistical and regulatory reporting.
- Assist the underwriters on a day to day basis to ensure a timely and professional service to clients.
- Promote Travelers Line of Business, distribution strategy and philosophy and provide guidance on the Company's underwriting philosophy, procedures and requirements by building strong partnerships with Agents, Brokers and Customers.
- May gather data and prepare reports to support the professional execution of corporate/business underwriting policies/standards.
- Perform other duties as assigned.
- Previous experience working within Property and Casualty insurance preferred.
- Able to effectively share information and build team support.
- Able to communicate clearly.
- Able to develop effective working relationships internally and externally.
- Able to perform in a business professional manner with a positive attitude.
- Able to determine priorities and effectively schedule time.
- Able to ask for assistance in setting deadlines.
- Expected to either already be studying, or be willing to study towards ACII qualification.
- Previous work experience required.
- Previous experience of Windows MS Office.
- Secondary level education or equivalent required.
- Private Medical Insurance: On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents, at your expense through payroll deduction.
- Retirement: Travelers will make a basic contribution of 9% of pensionable salary to your Group Personal Pension Plan (“GPPP”). If you decide to contribute an additional amount from your salary, you will receive an increased company contribution up to a maximum of 3%. This would bring the total company contribution to 12%.
- Holiday Entitlement: Start your career at Travelers with a minimum of 25 days holiday entitlement annually, plus the opportunity to purchase additional days to allow for up to a total of 35 holidays per year.
- Wellness Programme: The Travelers wellness programme is comprised of tools and resources that empower you to achieve your wellness goals. In addition, our Employee Assistance programme provides access to professional counseling services and other resources to support your daily life needs. Through the EAP, you’re eligible for five free counseling sessions with a licensed therapist.
- Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards programme that enables you to give back to the charity of your choice.
If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an
Travelers reserves the right to fill this position at a level above or below the level included in this posting.