Underwriting Assistant London, England
Starr Companies
Full Time
London, England
29801 - 36431 GBP ANNUAL Today
Job description
Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world.
Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.
Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.
Role Purpose
To support the Underwriting division through defined responsibilities, providing support within Underwriting Controls and utilise the Underwriting Authority granted, within the set parameters, and ensuring compliance with regulatory and Company standards.
Roles & Responsibilities
- Monitor Coverholder Binders, Lineslips and Facilities ensuring that bordereaux/declarations are received and recorded in a timely and accurate fashion, EPI is monitored and reported to the sponsoring Underwriting Team.
- Produce standard reporting in support of SBF filing, reinsurance renewals, Starr business plan and other ad-hoc reports ensuring these are accurate and fit for purpose.
- Assist the Credit Control team in investigating outstanding premium, resolving queries and controlling aged debt.
- Oversee the work completed by members of the Central Support Unit by quality assurance checks of data entry in to Underwriting systems with the defined Service Level Agreements.
- Respond to queries within the defined Service Level Agreements.
- Assist in USM matching.
- Ensure all tasks are completed for month-end close.
- Provide training where applicable.
- Ensure that Binder, Lineslips and Facility files are complete and accurate.
- Obtain any outstanding items from the broker or underwriter.
- Ensure that signings are accurate and are consistent with written confirmations.
- Assist with, and drive forward, company projects as required.
- Undertake data entry in to the Underwriting Systems as requested by senior stakeholders.
- Support the underwriting team through utilising the agreed underwriting authority in a competent and consistent manner.
Person Specification
Experience
- 1- 2 years’ experience in a similar position or a recent Graduate; and
- Knowledge of the fundamentals of Insurance.
Skills
- Knowledge of the lines of business;
- Data entry;
- Advanced numeracy;
- Verbal and written communication skills;
- Analytical and problem solving skills; and
- Professional business writing and presentation skills.
Systems & I.T
- MS Office – Word and Outlook; and
- Excel (intermediate user is essential).
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.
