21 Graduate Underwriting Assistant - Lloyds Syndicate
A City based Lloyds Underwriters seeks a bright, personable graduate with a minimum 2.1 result in a numerical/mathematical subject and ideally A Level Mathematics, who ideally has some exposure in an intern capacity and a genuine interest in the Lloyd's Insurance Market, to assist Property Underwriters with implementation and monitoring of the Business Plan in respect of business class.
MAIN DUTIES: To assist Underwriters to hit or exceed the business plan underwriting profit target in respect of business class whilst working within risk tolerance, pricing and governance framework. Provide representation, liaison and relationship development with Lloyd's and market bodies.
DUTIES: Support Underwriters writing business within personal underwriting authority and in accordance with key business plan targets (i.e. business mix, line utilisation, aggregation, GWP, loss ratios, direct expenses)
Regularly monitor and review progress against plan with Underwriters/other senior management and through market knowledge and reserving exercise. Build and maintain good relationships with brokers, clients as appropriate and deliver high quality service. Identify and implement ways to improve the quality of people, and performance of the account through new ideas, processed, approaches, etc. Ensure compliance with all Group, regulatory and Lloyd's requirements