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Underwriting Assistant

4 months ago

London, Greater London, United Kingdom Chaucer Group Full time
Job summary

The purpose of this role is to provide support to the US Casualty Treaty team.

Main duties
  • Ensuring new and renewal business is accurately processed in the underwriting system, including:
  • Set up policy entries and enter terms
  • Uploading slips, contracts, endorsements and models
  • Maintenance of entries including any mid-term adjustments, ensuring workflows completed
  • Communication with Underwriting Operations regarding policy entries
  • Maintaining records in the shared drive: submissions; modelling/analyses; line authorisations; catastrophe modelling and special acceptances
  • Willing to analyse submissions and enter terms into underwriting models
  • Listen to client presentations
  • Keen to participate in projects
  • Providing accurate information to the underwriters when required
  • Submitting submissions to Actuarial (pricing) and catastrophe information to Exposure Management
  • Liaising with Exposure Management; Actuarial and other departments as and when required
  • Build and maintain close working relationships with stakeholders across the business
  • Compliance with Lloyd's regulations and Byelaws
Our requirements

Relevant experience
  • Knowledge of the Lloyd's market (Insurance and/or Reinsurance)
Technical skills
  • Proficient in Microsoft Office, particularly Excel and Word.
  • Willingness to learn in-house underwriting management system (Charisma)
  • Willingness to learn slip terms and conditions; contract certainty
  • Able to learn underwriting models
Education & Experience
  • GCSE Maths and English Grade B or above (or equivalent)
  • 3 A Levels (A*-C) (or equivalent)
  • Studying towards CII exams
  • Bachelors Degree or equivalent (desirable)
ABOUT US

Chaucer is a leading insurance group at Lloyd's, the world's specialist insurance market. We help protect industries around the world from the risks they face. Our customers include major airlines, energy companies, shipping groups, global manufacturers and property groups.

Our headquarters are in London, and we have international offices in Bermuda, Copenhagen, Dubai and Singapore to be closer to our clients across the world. To learn more about us please visit our website.

Chaucer is committed to diversity, actively values difference and respects people regardless of the protected characteristics which are outlined in the Equality Act 2010 (UK legislation) as a result of the Equal Treatment Directive 2006 (EU legislation).

A diverse workforce and an inclusive workplace are core to our success as a business and integral to our winning strategy and culture. We recruit from the widest available pool of talent, and our hiring, assessment and selection process is fair, free from bias and one which ensures we select the right person for the job, based on merit. We are committed to promoting a culture that actively values difference, and recognises that everyone has the right to be treated with dignity and respect throughout their employment.

We are open to considering flexible working arrangements for all roles and encourage you to outline your needs during the interview process.