Underwriting Assistant London, England
Job description
We have an opportunity for an Underwriting Assistant in our Property Motor Department on a 6 month fixed term contract to start ASAP . The successful candidate will report into the Departmental Manager and will ensure that the Department has the necessary underwriter support to allow for efficient broker and business servicing at the Lloyd's Box and smooth running of the Department. They will assist the Divisional Head to carry out all tasks relating to the underwriting and reinsurance of the Division in order to provide appropriate customer focused products and maximise profitability, always bearing in mind the relationship between risk and return in respect of all underwriting activities.
Responsibilities in the role include accurately and efficiently reviewing relevant Binding Authorities to monitor rating, budgets, compliance, and performance and assisting with ensuring all Tokio Marine Kiln insurance operations meet PRA, FCA and Lloyd’s requirements and that they are conducted with integrity. They will establish and develop business relationships with the Divisions intermediaries, agents and business partners in order to secure business portfolios for the Division that meet with the Business Plans, and which are effectively handled to reduce the risk of mal-administration in the distribution process. They will accurately record all insurance business within Tokio Marine Kiln’s systems so that risks can be properly monitored and reviewed by the Division and that data required for all external and internal reporting requirements is accurately captured and in accordance with relevant time limits. Other responsibilities will include data entry and retrieval including report set-up and analysis. Divisional administration. Maintaining the underwriting and office filing system. Scanning and photocopying and other Ad hoc tasks as required.
The successful candidate will have general office administration experience (in a related business if possible) and knowledge of the insurance market, especially Lloyd's, is advantageous but not imperative. They will have working knowledge of Microsoft Word, Excel, Outlook. They will be champion the Company values and work in accordance with organisational behaviours, be a team player, have good attention to detail and be confidence to work with a wide variety of people.
