Underwriting Oversight Assistant

1 week ago

Camden Area, United Kingdom Asta Capital Limited Full time
Underwriting Oversight Assistant

Main purpose of job:nLead in the internal exception reporting and monitoring of Asta managed Clients. Assist in the execution of Asta’s Underwriting Control Framework and the Asta Independent Peer Review process.

Key tasksnReviewing Asta Client data for compliance with underwriting authorities, underwriting guidelines and provide reports for the Board.nProvide assistance on the control framework activities undertaken by Asta on behalf of the Asta managed clients ensuring that all underwriting control documents are current.nProvide administrative support for the Independent Peer Review function including populating the database, preparing report templates and producing regular and ad hoc management reportsnLead the monitoring of data quality on MGA Client underwriting and checking that data has been recorded accurately and compiling the results into a report.nMonitor and record underwriting referrals to Underwriting Management received from Asta ClientsnAssist in the production of regular and ad hoc management information reporting as required.

Key personal skills requirednGood communication and interpersonal skills with employees at all levels, both written and orally.nGood level of numeracy and attention to detail.nStrong organisational skills.nProactive outlook in setting and prioritising work and meeting deadlines.nAbility to work as an effective team member or as an individual, as circumstances dictate.

Key technical skills, knowledge and professional qualifications requirednAt least 6 months of insurance experience and working in a similar role would be advantageous.nGood working knowledge of MS Office (or similar) programs, particularly Word and Excel.nGCSE Maths and English at Grade B or above (or equivalent).nWorking knowledge of the structure and content of the various types of Underwriting Contracts used in the Lloyd’s Market.nPrior use of Lloyd’s systems including Crystal and Risk locator tool, useful.nGood analytical skills, disciplined approach to work tasks and the ability to complete tasks within a specified timeframe. Also, collaborative interaction with colleagues and reporting to management and interfacing with clients.nGood communication skills, ability to think innovatively and responsively interact with all stakeholders.nProgress towards or willingness to undertake ACII qualification.

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