Underwriting Assistant - Marine P&I

Recruiter
MW Appointments.
Location
City
Salary
£25000 - £30000 per annum + excellent benefits
Posted
21 Apr 2017
Closes
21 May 2017
Contract Type
Permanent
Hours
Full Time

UNDERWRITING ASSISTANT / Lloyds Syndicate - To £30,000

Marine P&I Division

City based international insurer, underwriting through a Lloyds Syndicate platform are looking for an Underwriting Assistant to join their central underwriting support hub.

About The Role:
Work as a member of the business unit's Underwriting Support team to deliver:-
·Risk Data Input, Record Keeping and Reporting
·Aggregate Manipulation and Input
·Premium Message Processing, Identification and Allocation

Key Duties / Responsibilities:

·To translate and summarise slip terms and conditions, calculate premiums and exposures and undertake the complete and accurate entry of quotes, risks and endorsements to the 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
·Perform the data cleansing, importation and geo-coding of location level aggregate data, plus the input of additional risk data required by the Aggregate System. Perform as required the necessary checks to ensure accuracy of aggregate data
·Follow the agreed monitoring processes to record that the required aggregate data is received in a timely manner and in an acceptable format in accordance with the requirements of each contract. Where this is not occurring, liaise with the broker/coverholder in conjunction with the underwriting staff in order to remedy the situation
·Assist underwriters' during the underwriting process
·Process USM premiums and investigate anomolies

Key Skills / Experience

Essential
- Relevant experience of working for a Lloyd's Syndicate/London Company, preferably in an underwriting support role
- Relevant experience of handling aggregates, including data cleansing, importation and geo-coding of location level data
- Computer Literate including Intermediate Excel and Word

Desirable

- Knowledge of Marine and/or P&I
- Use of Room Subscribe/Exact Advantage, Rebus Genius or other Lloyd's underwriting/aggregation systems

REF: 5302A

MW Appointments is acting as an Employment Agency in relation to this vacancy.