Credit & Political Risk (CPR) Underwriting Assistant London, England
Everest Re Group, Ltd.
Full Time
London, England
31000 - 35002 GBP ANNUAL Today
Job description
Title:
CPR Underwriting Assistant
Company:
Everest Advisors (Uk), Ltd.
Job Category:
Underwriting
Job Description:
It’s an exciting time for Everest! As we continue our journey, we see significant opportunities ahead of us to expand our reach, build diversity, and enhance our capabilities in critical markets. Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in Bermuda, Canada, Europe, Singapore, the US, and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and innovative culture.
We are looking for an enthusiastic and outgoing candidate to join our Credit & Political Risk team in London as an Underwriting Assistant. The CPR team is a global team of seasoned underwriting professionals with a wealth of experience, based in London and the US. We are a market leader in the class of business.
At Everest, we are committed to the development of our people. We offer dynamic training & professional development to our employees.
This role will be based in our London office with a hybrid schedule that has the option of working two days remotely each week.
Role Purpose
Support the Credit & Political Risk Underwriters, whilst working as a member of the Operations Underwriting Support team to deliver accurate risk, record keeping, and reporting.
Key Accountabilities
- To summarize slip terms and conditions, calculate premium and exposure schedules, and ensure complete accurate entry of, quotes, risks, and endorsements to the Everest Underwriting System(s) so as to ensure correct management, statistical and regulatory reporting. Perform as required the necessary data checks to ensure accuracy of underwriting data ensuring they are accurately entered within our systems.
- Store all risk information and correspondence in the document repository to ensure a complete and accurate audit trail of all substantive business activity.
- Ensure that all relevant underwriting information is included for the peer review, risk entry, and data checking review process within the designated timeframe. Underwriting information submitted electronically is to be indexed and updated as appropriate within specified timeframes.
- Maintain tools containing key underwriting information to facilitate compliance sanctions, fraud, and financial crime checks pre bind and monitoring post bind.
- Assist underwriters during the underwriting process, production of management information, business development and marketing.
- Provide administrative support to underwriters and the Operations team in areas including credit control, data quality and training.
- Take onerous of data quality entered by our outsourcing team Sutherland based in India.
- When necessary, provide support to Underwriting teams within other classes of business.
- Any other ad hoc tasks as defined and agreed with the Underwriting Operations Team Leader and the Underwriting Operations Manager.
- Monitor operational SLA’s on a monthly basis to ensure tasks are being completed within expected turn around times.
Professional Experience
- Preferred relevant experience of working in an underwriting or broking support role
- Knowledge of Credit & Political Risk would be an advantage, but excellent training is available within the team
- Ability to deal with external stakeholders
Skills & Abilities
- Excellent attention to detail
- Good maths and Excel skills
- Good organisational and time management skills
- Good communication skills
- Logical, analytical, and resourceful
- Ability to follow through on tasks/projects
- Must be able to work independently but also contribute as part of a team
Competencies
The role holder will be required to embrace the Everest Core Values: Collaboration, Thoughtful Assumption of Risk, Execution, Humility and Leadership.
The Everest Core Values are the foundation upon which we (a) conduct our work, and (b) conduct ourselves both internally with our colleagues, and externally with clients/customers.
The Company's success and that of our employees begins with these values. All employees are expected to support and exhibit these values in their interactions with others and through their day-to-day responsibilities.
Type:
Regular
Time Type:
Full time
Primary Location:
London
Additional Locations:
