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Healthcare Underwriting Assistant-Lloyds Syndicate

4 months ago

London, United Kingdom Bunn Abbott Consulting Full time

Our client is an established, high quality, successful Lloyd’s Syndicate, who due to the continued growth of the Healthcare account, have created an opportunity for a dynamic and talented individual, who will as the Underwriting Assistant, provide effective support to the Healthcare Underwriters (who are considered market leaders in their field).


This is a great opportunity to join and learn from a particularly highly regarded, positive, high performing & supportive company & team. The company have recently announced a strategic partnership with a leading investment manager, making this a particularly exciting time to join a growing, established company.


Key responsibilities include:

  • Assisting the Class Underwriter & Underwriter daily at Lloyd’s.
  • Data entry of all new and renewal business including endorsements within specified time frames.
  • Liaise with brokers / clients to ensure timely receipt of PremiumPayments.
  • Liaising with Catastrophe Modelling team to ensure all pre modelling work is of the required standard as well as having the capability to model certain accounts when required.
  • Liaise with Syndicate Management and Underwriters to ensure that all entry work is consistent and is completed within specified timeframe.
  • Co-ordinating with the Delegated Underwriting team and brokers to ensure required information is provided to ensure approval to write business.
  • Monitoring bordereaux against aggregate limits contained in contracts.
  • Preparation of MI reports showing the performance of the class.
  • Assist with production of information for Delegated Underwriting Committee. Monitor and resolve outstanding compliance issues from Hive report.
  • Answering ad hoc queries from Underwriting Management.
  • Liaising with brokers to resolve outstanding issues e.g. contract certainty, signings etc


Requirements:

  • The ideal candidate will have some working knowledge of Healthcare or Casualty insurance, gained in the Lloyds/London Insurance Market.
  • Interested in hearing from individuals who are specifically looking for a career in Underwriting/London Insurance Market.
  • At least intermediate level Excel skills.
  • Consistently good grades throughout education.


All applications will be treated in the strictest of confidence.


Please note that if you have not heard from us within 7 days, unfortunately you have not been successful on this occasion.


Bunn Abbott Consulting is acting as an Employment Agency in relation to this vacancy.