Location: London/ Hybrid
Salary: £30k+
Job summary
The purpose of this role is to provide support to the US Casualty Treaty team.
Main duties
Ensuring new and renewal business is accurately processed in the underwriting system, including:
- Set up policy entries and enter terms
- Uploading slips, contracts, endorsements and models
- Maintenance of entries including any mid-term adjustments, ensuring workflows completed
- Communication with Underwriting Operations regarding policy entries
- Maintaining records in the shared drive: submissions; modelling/analyses; line authorisations; catastrophe modelling and special acceptances
- Willing to analyse submissions and enter terms into underwriting models
- Listen to client presentations
- Keen to participate in projects
- Providing accurate information to the underwriters when required
- Submitting submissions to Actuarial (pricing) and catastrophe information to Exposure Management
- Liaising with Exposure Management; Actuarial and other departments as and when required
- Build and maintain close working relationships with stakeholders across the business
- Compliance with Lloyd’s regulations and Byelaws
Relevant experience
- Knowledge of the Lloyd’s market (Insurance and/or Reinsurance)
- Proficient in Microsoft Office, particularly Excel and Word.
- Willingness to learn in-house underwriting management system (Charisma)
- Willingness to learn slip terms and conditions; contract certainty
- Able to learn underwriting models
- GCSE Maths and English Grade B or above (or equivalent)
- 3 A Levels (A*-C) (or equivalent)
- Studying towards CII exams
- Bachelors Degree or equivalent (desirable)