Underwriting Assistant, Middle Market London, England
Job description
Underwriting Assistant – Middle Market
Sompo International Holdings Ltd. (Sompo International) is a global specialty provider of property and
casualty insurance and reinsurance. Sompo International companies are wholly owned subsidiaries of
Sompo Holdings, Inc., whose core business encompasses one of the largest property and casualty insurance
groups in the Japanese domestic market.
Through our operating subsidiaries, Sompo International underwrites agriculture, professional lines,
property, aviation, marine and energy, financial and political risks and casualty and other specialty and
catastrophe lines of insurance and reinsurance. Headquartered in Bermuda, we currently also have offices
in the United States, the United Kingdom, Continental Europe, Latin America, the Middle East, and Asia.
Sompo International is a company driven by its core values, a carrier that holds promise, trust and the
commitment to protect at the center of everything we do. We recognize that our success is derived directly
from those who matter most: our people. Our culture is defined by a commitment to integrity, teamwork,
agility, execution, and excellence; and we strive to create exceptional value for our clients and shareholders
and maintain Sompo International as a desirable place to work.
We are seeking an Underwriting Assistant to join our Middle Market team which sits in our London, UK
office. The team predominantly writes Property & Casualty business for UK and European businesses.
Responsibilities include:
Assist underwriters in submission and underwriting preparation.
Check details of underwriting in daybook entries and ensure appropriate underwriting
signing.
Monthly data capture review for Head of Middle Market.
Liaise with Xchanging and Operations Department on various issues e.g., premium
queries, bookings, signings etc.
Assist in all other general underwriting administration and processing functions to ensure
efficient workflow within the team.
Assist underwriters with checking of rating models and Conduct Risk Matrix.
Conduct Pre-Bind Quality Assurance checks.
Prepare Policy Documents in conjunction with underwriters.
Prepare Invoice Documents in conjunction with underwriters.
Work with credit Control to identify and locate outstanding premiums.
Chase renewals when required.
Chase slips when required.
File Maintenance and Compliance
Maintaining all files and documents electronically (Image right, Subscribe, Guidewire) to
ensure the company always complies with the regulatory environment as well as internal
and external audit guidelines.
General and Ad Hoc Administration and Support
Including, but not limited to, electronic filing, photocopying, scanning, etc.
Any other reasonable requests made by management such as booking client meetings,
etc.
Desired Skills & Experience:
The candidate needs to:
Ideally one year’s relevant experience within Insurance Industry.
Strong problem solving and decision-making abilities.
Excellent written and oral communication skills.
Exceptional interpersonal skills with the ability to work with a team-oriented approach.
Ability to work effectively in a fast-paced environment.
Eye for detail.
Logical thinker.
Strong time management.
Ability to organize efficiently.
Confidence to challenge underwriters.
Competent computer skills – must include Microsoft Excel, Microsoft Word, and Microsoft Outlook
as a minimum.
Sompo International offers a competitive compensation and benefits package commensurate with
experience.
Sompo International is an equal opportunity employer committed to a diverse workforce.
