Cargo & Cargo Transportation Underwriting Assistant

2 months ago

London, United Kingdom ASCOT GROUP Full time

**Job Purpose**:
To provide complete underwriting support for the Cargo/Cargo Transportation Underwriting teams.

**Detailed Duties**:
Underwriting
- Where possible be present at all stages of the insurance broke
- Entry of mandatory risk details onto S2000
- Ensure insured name is correct on S2000
- Completion of Electronic Front Sheet (EFS)
- Ensure inclusion of Technical Premium and Rate Movement onto S2000
- Make sure relevant documentation is scanned against the S2000 reference
- Support of Underwriters and Assistants in ensuring overall Syndicate SLA’s are maintained
- Scanning relevant Underwriter sign off when required
- Review and request Monthly E to I’s
- Review and request Monthly BDX (Premium and claims)
- Provide analysis on Binder accounts

Compliance
- SLAs for slips and endorsements
- Assist with Lloyds licencing requirements
- Send relevant slips for pre-bind check and follow up any fails that may occur with the underwriter/broker
- Assist with completion of sanctions checks
- Completion of annual compliance training
- Compliance bulletin review and action
- Assist with ensuring downgrade clauses comply with Ascot’s policy and highlighted correctly on front sheet.
- Understanding of current RI purchase procedures.

Facultative Reinsurance Purchasing
- Assist with the purchasing of reinsurance placements and any issues that may arise.
- Make sure that any endorsements that affect the facultative reinsurance are notified to the relevant team

**Renewals**
- Prepare renewals in advance
- Ensure that all renewals are actioned including all non-renewed premiums

Aggregates
- Make sure the correct aggregation boxes have been ticked on front sheets, and if changed then the right reason for aggregation change selected.
- Ensure all schedules are available and passed to Capita at the time of underwriting
- Where required chase the broker for outstanding schedules.

Attendance
- Attendance at the monthly administration and Claims meetings when required

Credit Control
- Review the weekly credit control report and action. For risks over 31 days overdue refer to the underwriter. When applicable send relevant comments on the chasing of premium to Xchanging. Review inward XL premium adjustments.

**Workflow Management**
- Review of partial policies
- Un-scanned slips
- Promised lines
- Quotations

**Reporting**
- Claims data - reporting discrepancies between submissions and S2000 data
- Aggregation reports
- Quarterly class reports
- UMC Reports
- UAS Reports
- Review and action of exception report.

Client Management (when requested)
- Attend client and broker meetings.
- Take notes and publishing to S2000.
- Ensure action points are followed up.

Facility Management
- Chase and process relevant bordereaux
- Reconciliation of estimated premium to actual
- Review of signed premium against estimated premium
- Assist in scanning of delegated underwriting form

**Query Resolution**
- Slips within SLA
- Endorsements
- Aggregation
- USM’s
- BST
- Capita
- Xchanging

**Working Knowledge of Systems**
- IMR
- Crystal/Lloyds QA Tool
- S2000 (Subscribe)
- Swordfish
- GAAP

**Other duties**
- Ad-hoc duties as directed by line management.
- Implementation of new procedures.

  • Cargo Underwriter

    1 month ago

    London, United Kingdom Munich Re Specialty Group Full time

    Cargo Underwriter **Company** Munich Re Specialty Group **Location** London, United Kingdom At Munich Re Specialty Group (MRSG), individuality and intellectual curiosity is a key driver for our success and innovation. We believe that leveraging a variety of perspectives and backgrounds, and empowering all employees to make an impact, will motivate us to...

  • Assistant Underwriter, Cargo

    4 days ago

    London, United Kingdom AIG Full time

    Who we are Talbot is an international insurer and reinsurer operating within the Lloyd’s market through Syndicates 1183 and 2019. We have been part of AIG since 2018 and our ambition is to be AIG’s Centre of Excellence at Lloyd’s. Headquartered in London, Talbot has offices in New York and Singapore and over 300 people working across these three...

  • Underwriting Assistant

    1 month ago

    London, United Kingdom MS Amlin Full time

    Underwriting Assistant - Cargo - Our Underwriting Assistants are at the heart of everything we do, without them our business wouldn’t function. - The Cargo Underwriting Assistant is an active member of the underwriting team, ensuring that the day to day underwriting activities, including data management are managed smoothly and within the required...

  • Cargo Underwriter

    1 day ago

    London, United Kingdom Hiscox Full time

    job description: **About Hiscox London Market** As an international specialist insurer we are far removed from the world of mass market insurance products. Instead we are selective and focus on our key areas of expertise and strength - all of which is underpinned by a culture that encourages us to challenge convention and always look for a better way of...

  • Specialist Cargo Underwriter

    2 weeks ago

    London, United Kingdom RSA Full time

    Specialist Cargo Underwriter Job Title Specialist Cargo Underwriter Reference UK001751 Town London Business Line Underwriting Introduction At RSA our inspiring colleagues are at the heart of what we do best helping people, businesses and society prosper in good times and be resilient in bad times. We are a proud member of the Intact family, we're...

  • Specialist Cargo Underwriter

    2 days ago

    London, United Kingdom RSA Full time

    Specialist Cargo Underwriter Job Title Specialist Cargo Underwriter Reference UK001751 Town London Business Line Underwriting Introduction At RSA our inspiring colleagues are at the heart of what we do best helping people, businesses and society prosper in good times and be resilient in bad times. We are a proud member of the Intact family, we're...

  • Assistant Underwriter

    15 hours ago

    London, United Kingdom MS Amlin Full time

    Role: Assistant Underwriter - Cargo - Location: London - Position type: Full time, permanent - Our Assistant Underwriters are at the heart of everything we do, without them our business wouldn’t function. - The Assistant Underwriter is a key member of the underwriting team, the individual will have a level of authority in collaboration with the senior...

  • Senior Cargo Underwriter

    2 weeks ago

    London, United Kingdom Berkshire Hathaway Specialty Insurance Full time

    Job Opportunity:   Berkshire Hathaway Specialty Insurance (BHSI) has an exciting opportunity for a Senior Cargo Underwriter to join our Marine Team, based in London. Day-to-day responsibilities of this role include contribution towards the growth and build-out of the UK/International Wholesale Cargo proposition across all relevant distribution...

  • Cargo Underwriter

    7 days ago

    London, United Kingdom Hiscox Full time

    job description: **About Hiscox London Market** As an international specialist insurer we are far removed from the world of mass market insurance products. Instead we are selective and focus on our key areas of expertise and strength - all of which is underpinned by a culture that encourages us to challenge convention and always look for a better way of...

  • Cargo Underwriting Assistant

    1 month ago

    London, United Kingdom IPS Group Full time

    **Salary**: £28000 - £32000 per annum**Location**: City of London, London**Job reference**: 150840_1683575633 This is an opportunity for a marine enthusiast, ideally with some London market insurance work experience under their belt. Joining this growing marine specialist you will work closely with an underwriting team to develop a key understanding of...

  • [cargo King Uk] International Logistics Operator

    4 weeks ago

    London, United Kingdom CARGO KING (U.K.) LIMITED Full time

    Our client, **CARGO KING (U.K.) LIMITED** is recruiting an **International Logistics Operator (Korean Speaking) **to join their business in the UK. **Location**: 450 BAH ROAD, LONGFORD, WEST DRAYTON, UB7 0EB, THE UNITED KINGDOM **--------------------------------------------------------------------------------------------** **1. PURPOSE OF THE JOB** -...

  • [cargo King Uk] International Logistics Operator

    2 days ago

    London, United Kingdom CARGO KING (U.K.) LIMITED Full time

    Our client, **CARGO KING (U.K.) LIMITED** is recruiting an **International Logistics Operator (Korean Speaking) **to join their business in the UK. **Location**: 450 BAH ROAD, LONGFORD, WEST DRAYTON, UB7 0EB, THE UNITED KINGDOM **--------------------------------------------------------------------------------------------** **1. PURPOSE OF THE JOB** -...

  • Senior Cargo Underwriter

    2 weeks ago

    London, United Kingdom Berkshire Hathaway Specialty Insurance Full time

    ­Who are we? Make sure to apply with all the requested information, as laid out in the job overview below.A strategic and trusted insurance partner, Berkshire Hathaway Specialty Insurance (BHSI), provides a broad range of commercial property, casualty and specialty insurance coverages and outstanding service to customers and brokers around the world. Part...

  • Senior Cargo Underwriter

    2 weeks ago

    London, United Kingdom Berkshire Hathaway Specialty Insurance Full time

    Job Description­Who are we? A strategic and trusted insurance partner, Berkshire Hathaway Specialty Insurance (BHSI), provides a broad range of commercial property, casualty and specialty insurance coverages and outstanding service to customers and brokers around the world. Part of Berkshire Hathaway’s insurance operations, we bring our solutions to...

  • Senior Cargo Underwriter

    2 weeks ago

    London, United Kingdom Berkshire Hathaway Specialty Insurance Full time

    ­Who are we? A strategic and trusted insurance partner, Berkshire Hathaway Specialty Insurance (BHSI), provides a broad range of commercial property, casualty and specialty insurance coverages and outstanding service to customers and brokers around the world. Part of Berkshire Hathaway’s insurance operations, we bring our solutions to market with our...

  • Senior Cargo Underwriter

    5 days ago

    London, United Kingdom Berkshire Hathaway Specialty Insurance Full time

    ­Who are we? The following information provides an overview of the skills, qualities, and qualifications needed for this role.A strategic and trusted insurance partner, Berkshire Hathaway Specialty Insurance (BHSI), provides a broad range of commercial property, casualty and specialty insurance coverages and outstanding service to customers and brokers...

  • Senior Cargo Underwriter

    6 days ago

    London, United Kingdom Berkshire Hathaway Specialty Insurance Full time

    ­Who are we? The following information provides an overview of the skills, qualities, and qualifications needed for this role.A strategic and trusted insurance partner, Berkshire Hathaway Specialty Insurance (BHSI), provides a broad range of commercial property, casualty and specialty insurance coverages and outstanding service to customers and brokers...

  • Senior Cargo Underwriter

    1 week ago

    London, United Kingdom Berkshire Hathaway Specialty Insurance Full time

    ­Who are we? A strategic and trusted insurance partner, Berkshire Hathaway Specialty Insurance (BHSI), provides a broad range of commercial property, casualty and specialty insurance coverages and outstanding service to customers and brokers around the world. Part of Berkshire Hathaway’s insurance operations, we bring our solutions to market with our...

  • Senior Cargo Underwriter

    2 weeks ago

    London, United Kingdom Berkshire Hathaway Specialty Insurance Full time

    ­Who are we? A strategic and trusted insurance partner, Berkshire Hathaway Specialty Insurance (BHSI), provides a broad range of commercial property, casualty and specialty insurance coverages and outstanding service to customers and brokers around the world. Part of Berkshire Hathaway’s insurance operations, we bring our solutions to market with our...

  • Senior Cargo Underwriter

    1 week ago

    London,, UK, United Kingdom Berkshire Hathaway Specialty Insurance Full time

    ­Who are we? A strategic and trusted insurance partner, Berkshire Hathaway Specialty Insurance (BHSI), provides a broad range of commercial property, casualty and specialty insurance coverages and outstanding service to customers and brokers around the world. Part of Berkshire Hathaway’s insurance operations, we bring our solutions to market with our...