Underwriting Assistant

5 months ago

London, United Kingdom Arch Capital Group Ltd. Full time

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

Role Purpose
- To provide administrative and technical support to the Contingency underwriting team as required.
- Administrative and Technical support includes but is not limited to the maintenance of files and the processing, recording of business accounts accurately and in a timely manner on the Company’s IT and administrative systems in accordance with processing standards and procedures.
- Assisting the team in day-to-day ad hoc tasks when required (risk research, broker meetings, country overview reports etc. and providing updates to underwriters).

Key Responsibilities

1. Data Input
- Enter submissions, rating models, quotes and bound policies onto the Arch underwriting systems
- Conduct account clearance procedures with other parts of the company for risks or clash, as may be required - including catastrophe analysts, risk capture and data management teams
- Review quality control output from Global Services. Liaising with both to ensure accounts are processed on a timely basis

2. Account Administration
- Assist the Underwriters with day to day underwriting operations
- Assist in preparation of monthly & management reports
- Undertake research activities, as directed by underwriters, for additional underwriting information from the Internet or other external sources
- Maintenance of appropriate business activity logs to record submission activity or premium activity
- Prepare Standard policy Documentation for underwriters’ sign off reports

3. Account Query resolution
- Assist in the resolution of outstanding premium receivable issues, as may be directed
- Liaise with brokers on any outstanding information requirements
- Resolve weekly processing reports

4. General Administration
- File preparation, photocopying, scanning, document management
- Assisting underwriters at Lloyds Box
- Have daily contact with back office support staff, e.g. binder management team, finance and compliance

Skills / Competencies
- Strong time management skills
- Very organised and systematic
- Responsive
- Basic knowledge of MS Word, MS Excel, Power point and Outlook
- Ability to work independently using initiative and without guidance and as part of a team

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