Underwriting Assistant

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Underwriting Assistant

Underwriting Assistant

  • Location:

    City of London

  • Contact:

    Aaron Gavin

  • Contact email:

    Talent@acinrecruit.co.uk

  • Job ref:

    47

  • Published:

    about 2 months ago

  • Expiry date:

    2021-08-12

This is your opportunity to join AXIS Capital in London – a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry. 

MAIN PURPOSE OF ROLE:
The Underwriting Assistant is to provide support and assistance to all Lloyds lines of business. 

MAIN TASKS

    • To carry out tasks as requested by the Unit Head to support the entire Reinsurance underwriting team.

    • Maintain records of submissions, meeting notes and data in the unit’s files and ensure these are kept up-to-date.

    • Create research notes on existing and potential clients prior to meetings.

    • Maintain the unit’s workflow as well as creating and managing catastrophe modelling requests.

    • To be responsible for the quality and integrity of the unit’s data.

    • To take on the responsibility of operating and monitoring premium income.

    • Assist in the rating on underwriting spreadsheets; ensuring the results correlate with the figures provided by brokers.

    • Produce a summary of the Monthly Claims report for underwriters.

    • To assist underwriters with maintaining beneficial working relationships with brokers and clients to develop the business in accordance with the business plan.

    • To negotiate business which falls within the agreed level of underwriting authority and in accordance with the unit protocol and direction from the Unit Head.

    • Collate all relevant information required for any internal/external audits.

    • Achieve agreed training programme which includes:

      • Understanding the risk decisions, selection and underwriting.

      • Progressive training towards ACII qualification.

      • Attend Lloyd’s briefings on appropriate issues concerning the unit. 

REQUIRED EDUCATION/TRAINING & EXPERIENCE:

    • Demonstrable passion or desire to work with in the insurance markets

    • A level / Tertiary education level required

    • Ideally some experience of insurance markets, however, not mandatory

    • A commercial mindset and strong presentation skills. 

OTHER DESIRED SKILLS & CHARACTERISTICS:

    • Excellent organizational skills.

    • Good attention to detail and a commitment to accuracy.

    • Strong numerical background.

    • Strong communication and interpersonal skills.

    • Ability to develop innovative and pragmatic solutions to problems.

    • Ability to work occasional extended hours.