Underwriting Account Executive - Global Property

Recruiter
Darwin Rhodes
Location
City of London, London
Salary
30000.0000
Posted
14 Jul 2017
Closes
13 Aug 2017
Contract Type
Permanent
Hours
Full Time

Underwriting Account Executive - Global Property

Our client, a leading global insurer has a new position for a Global Property Account Executive. Working in a small specialist team you will be responsible for the following

  • To provide the highest level of professional, efficient and consistent service to our clients / stakeholders both internal and external
  • To provide assistance in the underwriting and administration of insurance and reinsurance business.
  • To support underwriters by following all insurance and reinsurance related aspects of the business.
  • To liaise with brokers, clients, cedants and reinsurers in respect of any technical and administrative aspects.
  • To assist underwriters in their functions by providing information, technical backup and other support.
  • To be proactive and to take ownership when managing accounts and pre -underwrite where appropriate
  • To act as a source of reference for other team members, provide technical expertise and support the Team Leader For all responsibilities within this job description the holder of the position reports to a Senior Account Executive (Team Leader).

Principal Accountabilities

  • To be responsible for the account servicing and handling including Broker and Client interaction as appropriate
  • To be responsible for accurate, timely and consistent set up and update of account information from the various sources into the correct and relevant systems operated.
  • To prepare and check consistent and standard underwriting documents (slips, cover notes, debit notes etc).
  • To ensure that all activities are within the Market Facing Operations guidelines and standards as defined by UK Branch
  • To ensure that Company rules in respect of anti-money laundering, international sanctions compliance, contract certainty and interested parties are known and complied with.
  • Other regulatory and compliance responsibilities are implemented, monitored and adhered to.
  • To be aware of the risk management and internal control framework within the relevant area of the Company’s operations.
  • To report to the Team Leader any potential increases in risks, and any perceived need to review existing or create new risk mitigation measures, internal controls and processes at any time, and also to assist with the preparation of any required supporting documentation if require