Underwriting Assistant-IFL London, England
Job description
We are hiring! Beazley is looking for an Underwriting Assistant to join our UCO Division on a Permanent Basis. Our preference would be for this role to be based in any of our office in the London but we are open to discussing remote alternatives for the right person. We are a flexible and innovative employer offering a friendly, collaborative, diverse and inclusive work environment. We actively encourage and expect applications from all backgrounds.
Who We Are
Beazley is a specialist insurance company with over 30 years’ experience helping people, communities and businesses to manage risk all around the world. Our mission is to provide Beautifully Designed Insurance, innovating to give our clients the maximum benefit with minimum hassle.
Our products are wide ranging, from cyber & tech insurance to marine, healthcare, financial institutions and contingency; covering risks such as the weather, film production or protection from deadly weapons.
Our Culture
We employ over 1,500 people globally, hosting a wonderful diversity of cultures, experiences and backgrounds. We are proud of our family-feel culture at Beazley that empowers our staff to work from when and where they want, in an adult environment that’s big on collaboration, diversity of thought & personal accountability.
Our three core values inspire the way we work and how we treat our people & customers – 1) Be bold 2) Strive for better 3) Do the right thing. Upholding these values every day has enabled us to become an innovative and responsive organisation in touch with the changing world around us – our ambitious I&D & Sustainability targets are testament to this.
We encourage internal career progression at Beazley, giving you all the tools you need to drive your own career here, such as iLearn (our own learning & development platform), LinkedIn Learning, our mentorship program and external qualification sponsorship. As a Beazley employee, you also get access to our fantastic array of benefits which include commuting reimbursement, free in-office lunch, six months parental leave and a lifestyle allowance amongst many others.
Our UCO Division
Our Underwriting and Claims Operations Function (otherwise known as ‘UCO’) employs over 390 staff across the UK, US & Europe. UCO hosts a range of teams from Data Management to Control and Project Management; all of which ensure our Underwriting and Claims teams have the necessary tools they need to deliver maximum benefit to our customers
The Role – Underwriting Assistant
Job Summary: To assist the team in maintaining efficient underwriting processes and providing customer service to clients .
Key Responsibilities:
Underwriting Support
- Support the Underwriters in the delivery of an effective and efficient administration service
- Provide pre-underwriting and rating support to Underwriters and other staff.
- Ensure timely and accurate data entry and scanning of risk documentation onto all Beazley systems within agreed service levels. Specifically checking agreed % of risk entries as required.
- Data verification, integrity & accuracy.
- Photocopying, logging and scanning quotes and declinatures, filing, archiving and scanning.
- Interact with other teams within Beazley, ie Claims, Finance, Compliance, Management Services and other underwriting teams on matters affecting or related to accounts within the portfolio.
- Help maintain team standards through supporting other underwriting assistants in achieving their service/quality levels and targets, as required.
Reporting
- Provide accurate management information to senior management team and underwriters.
- Produce ad hoc reports, presentations and marketing literature for senior managers, underwriters and other members of staff as requested.
Broker/Client Interaction
- Provide a professional service to brokers in person, writing, email and telephone.
- Maintain and develop key relationships including brokers and external clients, responding to client queries in an accurate and timely fashion.
- Attend client meetings as required.
Personal Specification:
Education and Qualifications
- Educated to ‘A’ level/High School graduate or equivalent
Skills and Abilities
- Accurate and numerate
- Computer skills – good working knowledge of MS Office, well developed spreadsheet skills
- Able to communicate effectively with others, both verbally and in writing
- Motivational skills, team worker as well as able to work on own initiative
- The ability to manage time, meet deadlines and prioritise
Knowledge and Experience
- Proven administrative experience, preferably within the insurance or financial services sectors
- Proven background in accurate, high volume date entry
- Insurance experience advantageous
