Underwriting Assistant, Property

6 months ago

London, United Kingdom Munich Re Specialty Group Full time

Underwriting Assistant, Property

**Company**
Munich Re Specialty Group
**Location**
London, United Kingdom

At Munich Re Specialty -Global Markets, 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 perform at our best and give us a competitive edge. We know there is always more work to be done, but we’re committed to building a strong and inclusive culture where everyone is welcomed and valued for their “own expression of self-identity”.

About us

Munich Re Specialty - Global Markets is part of the Munich RE group. We are known for our dedication to excellence and quality of service provision across both primary and reinsurance.

As well as operating in the Lloyd’s of London market, we conduct our business via a global network of service companies, with offices located in the UK, Ireland, the United States, Asia, including Singapore, Labuan and Dubai.

Our group of companies provide solutions covering Casualty, Marine & Cargo, Aerospace, Cyber, Political Violence, Trade Credit and Property, Contingency and Yacht. Our purpose is to inspire our clients and people with the confidence and freedom to explore, create and build - to enable people and businesses to thrive.

Underwriting Assistant, Property

We are looking to employ an Underwriting Assistant to be based in London and to work with us on a full-time basis.

If you’d like to work within a growing, high performing and collaborative team atmosphere where you can make difference, we’d love to hear from you.

What we are looking for

You to provide accurate and high-quality administrative services to the Property D&F and Binder underwriting teams, and other teams as required, demonstrating care for customers and respect for the regulatory obligations of the Company.

The Role
- Accurate and timely data entry of all Property risks in line with Syndicate procedures
- Ensuring documents are entered onto systems for peer review and bordereaux management
- Working with Insureds, Coverholders and brokers to ensure timely provision / submission of risk, premium, aggregate and claims data, facilitating onward transmission to Delegated Authority, Actuarial, Claims and Exposure Management Teams and TPA’s
- Chasing and collating property information for new and renewal business and where appropriate working with other teams
- Maintaining renewal lists and chasing brokers for renewing risks and system-generated queries and exception reports
- Slip and data entries, and document loading to Subscribe, shared drive folders, BLT and other systems
- Managing the contract certainty checklist
- Updating quote engines
- Managing/monitoring PPL Placement, risk management surveys, credit control and aged debt
- Preparing reports for Property Team meetings
- Regular provision of management information and analysis of accounts
- Prepare documentation packs for quarterly meetings, renewal, audit and underwriting file reviews.
- Coordinating diaries and arranging meetings
- Providing support in respect of new projects or initiatives as and when needed
- Pricing and rate monitoring of open market and binder business
- Working with the Property and Actuarial Teams to ensure accuracy and functionality of pricing tools
- Reviewing and checking wordings/clauses when required
- You are required to comply with the PRA and FCA conduct rules.

Knowledge and Skills
- Basic (Level 1) knowledge and understanding of the:

- Underlying Principles of Insurance;
- Legal Principles;
- FCA, PRA and Lloyd’s rules and regulations, including conduct risk and contract certainty issues;
- Lloyd’s insurance market;
- Property risks D&F open market and/ or binder business.
- Able to demonstrate clear understanding of all company specific procedures that relate to own role;
- Able to demonstrate growing understanding of the roles of colleagues and their relationships to the structure and business plans of the firm;
- Willingness to continue to develop knowledge of policies and related issues through formal and informal learning, both internally and externally to the firm
- Be aware of the potential risks facing the business within own job role and the controls that are in place to mitigate them; and report all significant changes in these risks, or the effectiveness of controls, to your line manager in a timely manner.

Diversity & Inclusion

At Munich Re, embracing the power of differences is at the core of who we are. We believe diversity fosters resilience and innovation and enables us to act on our purpose of helping humankind act braver and better. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, s

  • Senior Property Underwriter

    1 month ago

    London, Greater London, United Kingdom Carbon Underwriting Full time

    US Property Underwriting OpportunityWe are seeking a highly skilled Senior Property Underwriter to join our team at Carbon Underwriting. As a key member of our property underwriting team, you will be responsible for underwriting, analyzing, and developing the US Property Account in line with our Annual Business Plan targets.Key Responsibilities:Leading new...

  • Property Underwriter Assistant

    1 month ago

    London, Greater London, United Kingdom Munich Re Specialty Group Full time

    Assistant Underwriter, PropertyMunich Re Specialty Group is seeking an Assistant Underwriter to support the Delegated Property Underwriters in the prudent underwriting of quality Property business.The successful candidate will assist in the effective management of property binders, including performance monitoring, EPI monitoring, referrals, bordereaux...

  • Assistant Underwriter, Property

    6 months ago

    London, United Kingdom Munich Re Specialty Group Full time

    Assistant Underwriter, Property **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...

  • Senior Technical Underwriter

    4 weeks ago

    Bromley, Greater London, United Kingdom Camberford Underwriting Full time

    Key Responsibilities:As a Technical Underwriter at Camberford Underwriting, you will be responsible for assisting in the maintenance and updating of the Underwriting System, as well as contributing to the group transformation project by migrating product specifications from a technical underwriting perspective. Additionally, you will be responsible for...

  • Property Risk Specialist

    6 days ago

    London, Greater London, United Kingdom Carbon Underwriting Full time

    About Carbon UnderwritingWe are a dynamic data-led organisation, expanding our team to achieve ambitious goals in the US property market.Job OverviewDrive growth and expansion of US property portfolio.Develop and maintain strong relationships with coverholders, brokers, and other external stakeholders.Contribute to cross-class initiatives with other...

  • US Underwriting Expert

    6 days ago

    London, Greater London, United Kingdom Carbon Underwriting Full time

    About the OpportunityThis is a unique chance to join a leading underwriting company, expanding its presence in the US property market.Job SummaryManage new business onboarding and renewal processes for US property binding authority accounts.Collaborate with syndicate and managing agency departments to ensure smooth operation.Monitor and report on binder...

  • Underwriting Assistant, Property

    6 months ago

    London, United Kingdom Westfield Insurance Full time

    To provide support to the Property Underwriting Team in all aspects of Underwriting and account management, administration and monitoring. **Role requirements**: - Communication skills - ability to communicate clearly with internal stakeholders and external clients and brokers at all levels, both verbally and in writing. - Administrative skills - highly...

  • Liability Underwriter

    4 weeks ago

    London, United Kingdom Folgate Underwriting Full time

    Job descriptionWe are looking for an experienced Liability Trading Underwriter that will be based in our London City Office, who has the drive and determination to achieve targets and grow within an existing team. The ideal candidate must have at least 3 years’ experience in underwriting Liability led business with a focus on Construction.The following...

  • Property Underwriting Assistant

    4 weeks ago

    London, Greater London, United Kingdom Arch Capital Group Full time

    About the RoleWe are looking for an Underwriting Assistant to join our International Property team. The successful candidate will provide administrative and technical support, with a specific focus on UK & European accounts.Key ResponsibilitiesEnter submissions, rating models, quotes, and bound policies onto the Arch underwriting systems. Assist Underwriters...

  • Liability Underwriter

    4 weeks ago

    London, UK, UK, United Kingdom Folgate Underwriting Full time

    Job descriptionWe are looking for an experienced Liability Trading Underwriter that will be based in our London City Office, who has the drive and determination to achieve targets and grow within an existing team. The ideal candidate must have at least 3 years’ experience in underwriting Liability led business with a focus on Construction.The following...

  • Strategic Underwriting Portfolio Manager

    3 weeks ago

    London, Greater London, United Kingdom Rokstone Underwriting Full time

    Underwriting Portfolio Manager Role SummaryRokstone Underwriting is seeking a highly skilled Underwriting Portfolio Manager to join our team. As a key member of our Portfolio Management team, you will play a pivotal role in driving the company's growth and financial success.Key Responsibilities:Drive the delivery of underwriting strategy for Property led...

  • Commercial Underwriter

    1 month ago

    London, Greater London, United Kingdom Citynet Underwriting Services Full time

    Underwriter RoleCitynet Underwriting Services is a leading Lloyd's broker specialising in commercial business underwriting. We are seeking an experienced underwriter to join our team in London.Key Responsibilities:Manage a portfolio of commercial insurance policies, ensuring technical compliance and maintaining delegated authority.Prepare and provide...

  • Property Underwriting Assistant

    2 weeks ago

    London, United Kingdom CV-Library Full time

    About us Avencia Consulting are recruiting on behalf of a leading Specialty Reinsurer based in the City, who are looking to hire an Underwriting Assistant to join their Internaitonal Property team. The role Reporting to the Underwriter, the primary purpose of the role is to assist in underwriting a portfolio of (re)insurance business. This includes...

  • Underwriting Manager

    3 weeks ago

    London, United Kingdom Rokstone Underwriting Full time

    Job Title: Underwriting Manager Entity: Rokstone Department: Underwriting Management Reports to: Head of Underwriting Management Location: London/Hybrid (3 days a week) Who We Are Rokstone, part of the Aventum Group, is an established international underwriting MGA and approved Lloyd’s of London coverholder, where we also hold a Lloyd’s Box....

  • Underwriting Manager

    4 weeks ago

    London,, UK, United Kingdom Rokstone Underwriting Full time

    Job Title: Underwriting ManagerEntity: RokstoneDepartment: Underwriting ManagementReports to: Head of Underwriting ManagementLocation: London/Hybrid (3 days a week)Who We AreRokstone, part of the Aventum Group, is an established international underwriting MGA and approved Lloyd’s of London coverholder, where we also hold a Lloyd’s Box. With innovation at...

  • Underwriting Manager

    3 weeks ago

    London, United Kingdom Rokstone Underwriting Full time

    Job Title: Underwriting ManagerEntity: RokstoneDepartment: Underwriting ManagementReports to: Head of Underwriting ManagementLocation: London/Hybrid (3 days a week)Who We AreRokstone, part of the Aventum Group, is an established international underwriting MGA and approved Lloyd’s of London coverholder, where we also hold a Lloyd’s Box. With innovation at...

  • Underwriting Manager

    3 weeks ago

    London, United Kingdom Rokstone Underwriting Full time

    Job Title: Underwriting ManagerEntity: RokstoneDepartment: Underwriting ManagementReports to: Head of Underwriting ManagementLocation: London/Hybrid (3 days a week)Who We AreRokstone, part of the Aventum Group, is an established international underwriting MGA and approved Lloyd’s of London coverholder, where we also hold a Lloyd’s Box. With innovation at...

  • Underwriting Manager

    2 weeks ago

    London, United Kingdom Rokstone Underwriting Full time

    Job Description Job Title: Underwriting Manager Entity: Rokstone Department: Underwriting Management Reports to: Head of Underwriting Management Location: London/Hybrid (3 days a week) Who We Are Rokstone, part of the Aventum Group, is an established international underwriting MGA and approved Lloyd’s of London coverholder, where we also hold a...

  • Property Fac Assistant Underwriter

    10 hours ago

    London, United Kingdom IPS Group Full time

    This is a superb opening for a progressive candidate with a property underwriting understanding, ideally with a facultative understanding. This is an opportunity to join a reinsurance company which is about to undergo significant growth within the international facultative property area in London. With a large presence in the LATAM market, this role will...

  • Property Fac Assistant Underwriter

    4 days ago

    London,, UK, United Kingdom IPS Group Full time

    This is a superb opening for a progressive candidate with a property underwriting understanding, ideally with a facultative understanding. This is an opportunity to join a reinsurance company which is about to undergo significant growth within the international facultative property area in London. With a large presence in the LATAM market, this role will...