Delegated Underwriting Assistant

3 weeks ago

London, United Kingdom Asta Capital Limited Full time

Delegated Underwriting Assistant


Below, you will find a complete breakdown of everything required of potential candidates, as well as how to apply Good luck.

Assist the Delegated Underwriting team in the review and oversight of delegated authority agreements and provide managed syndicates with delegated authority related support and guidance.

Key Tasks:

  • Assist in the coverholder onboarding and contract review process for DUA business written by Asta’s syndicates and managed MGAs.
  • Assist the audit process, including coordination and review of coverholder audit reports
  • Maintenance and update of records in the delegated underwriting management system
  • Assist with the production of reports and MI management information (MI) for internal meetings and regular syndicate meetings.
  • Administration of Atlas tasks, entry and approval of new binders on DCOM, Delegated Audit manager (DAM) audit scoping.
  • Assist the DUA manager in the delivery of Asta’s delegated authority oversight strategy in line with the Principles for Doing Business at Lloyd’s.

Key personal skills required:

  • Communication: good interpersonal and written skills that enable the individual to build trust with senior members of managed syndicates, coverholders and brokers
  • Effective organisational skills and a proactive outlook in setting and prioritising work and meeting deadlines
  • Flexibility: A sense of perspective and commercial awareness
  • Able to work unsupervised, the role assumes a degree of autonomy
  • Good level of numeracy and attention to detail
  • Ability to work as an effective team member or as an individual, as circumstances dictate.

Key technical skills:

  • Strong educational background
  • Previous work experience in an office environment
  • Competent user of Microsoft Office (including Outlook, Word and Excel)
  • Insurance industry experience preferred

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