Underwriting Assistant - Real Estate London, England
Everest Re Group, Ltd.
Full Time
London, England
31000 - 36876 GBP ANNUAL Today
Job description
Title:
Underwriting Assistant - Real Estate
Company:
Everest Advisors (Uk), Ltd.
Job Category:
Underwriting
Job Description:
Job Title: Underwriting Assistant – Real Estate
Reports to: Operations Manager
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.
At Everest, we are committed to the development of our people. We offer dynamic training & professional development to our employees.
Summary:
We have an exciting opportunity for an Underwriting Assistant to join the Everest team to sit with and support our expanding Real Estate practice whilst working as a member of the Operations Underwriting Support team to deliver accurate risk entry, record keeping, and reporting. Our Real Estate business writes Property Damage, Business Interruption, Property Owners’ Liability and Terrorism covers for real estate investors across the UK and Europe.
We’d love to hear from you if you have gained experience working in an insurance environment such as underwriting and broking support or operations, particularly with background in Real Estate/Property Owners/Property Investors, and can demonstrate excellent attention to detail, good organisational and communication skills, and a logical and analytical mindset.
This role will be based in our London office.
Responsibilities:
- To summarise slip terms and conditions, calculate premiums and exposures and ensure complete accurate entry of submissions, quotes, risks, endorsements, and transactions 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 onto 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 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.
- When necessary, provide support to Underwriting teams within other classes of business.
- Any other ad hoc tasks as defined and agreed with the Operations Coordinators and the Operations Manager.
- All functions to be performed in accordance with Everest target operating model, policies and specific procedure manuals, as amended from time to time.
Experience required:
- The ideal candidate will have gained experience understanding complex information, retaining this knowledge, and questioning what they have observed.
- Knowledge of underwriting, claims and contract reading is highly beneficial.
- Property knowledge/experience is highly desirable.
Skills & Abilities:
- Operational mindset.
- Logical, analytical and resourceful.
- Excellent attention to detail.
- Ability to review complex information and retain knowledge.
- Good organisational skills.
- Good communication skills.
- Ability to follow through on tasks/projects.
- Must be able to work alone but also contribute as part of a team.
Type:
Regular
Time Type:
Full time
Primary Location:
London
Additional Locations:
