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Trainee Assistant Commercial Underwriter

2 months ago

London, United Kingdom Lancashire Insurance Group Full time

To accurately record and assess underwriting risk information as directed by the underwriters.
Transferring risk information to pricing models
Entering of risks on Open Box or other such underwriting systems as are in place
Validation of risk information – SCM and USM validation
Maintain accurate records of underwriting data, utilising various internal and external software systems

Help with statistical analysis of the portfolio and on a deal by deal basis
Help with the production of regular and ad hoc business reports
Agree standard or minor amendments to risks, within your individual parameters, referring more complex amendments that are outside your individual parameters to the more experienced underwriters
Investigate queries produced by Underwriters, Operations, Finance and Legal and liaise with brokers as directed to resolve issues as necessary
Build up knowledge of wording and technical understanding, market environments as well as risk analysis capabilities
Assist with ad hoc projects and research work including portfolio analysis and internal / external presentations to stakeholders

Proficient with Microsoft Office applications, particularly Excel and PowerPoint
We engage with brokers, clients, communities, stakeholders and colleagues professionally and passionately as proud ambassadors of Lancashire.