Assistant Underwriter Uk Liability

3 weeks ago


London, United Kingdom Avencia Consulting Full time

**The Role**:
Assistant Underwriter | UK Liability

London (hybrid working available)

£ Competitive + Bonus & Benefits

Are you looking for an opportunity to pursue your career in liability insurance?

We have an excellent opportunity for an Assistant Underwriter role within our UK Liability team based in our London office at 20 Gracechurch Street although the role works on a hybrid working pattern. You be working as part of a team of a wider team of 15but this role will have direct exposure to senior stakeholders within the business and report directly into the Head of UK Liability as part of an extensive growth phase for this team.

If your looking to start the your new your career within the specialty insurance space, this may be the role for you

**What you'll be doing**:
Ensuring the efficient and effective administration of technical information for the team, supporting Underwriters and Senior Underwriters to carefully select and underwrite risks, in a cost effective manner and in accordance with statutory and company requirements/guidelinesto ensure profitability and business targets are met.

**Key Accountabilities**

Within the role
- Collation & review of underwriting supporting documentation, for new business enquiries and quotation as well as renewals
- Liaison with brokers to ensure information received is to the required standard for underwriting & all queries are promptly resolved
- Ensuring data supplied to/from TPA's and/or other external service partners, is complete and accurate, by liaison with underwriter, brokers etc as required
- Liaising with the service and producing office(s) to ensure UK local policy requirements can be met, for serviced policies
- Promptly identifying any issues and raising these with Underwriters/ Senior Underwriters in order to resolve
- Ensuring data to be entered is complete and accurate, by liaison with underwriter; brokers; TPA's; other HDI offices etc as required
- Data entry of underwriting forms/documentation including, policy creation, new business premiums, renewal premiums, endorsements, taxes, other deductions, etc
- Reviewing data quality as required and ensuring any errors or omissions are corrected promptly, liaising with underwriter, credit control & other teams as appropriate
- Maintaining accurate paper and electronic records for auditing and regulatory purposes.

To produce management information and analyses of data to support the team, including both regular and ad hoc reports.

To adhere to the agreed technical accounting processes for premium allocation, exchange rate agreement, tax allocations and, in conjunction with TOPS team, review existing processes regularly and challenge the status quo

To liaise with the Claims team as required to ensure the relevant Director is kept fully appraised of claims developments.

**What we are looking for**
- A Level or equivalent qualifications; CII qualified at certificate level/ part qualified at diploma level or equivalent experience.
- Knowledge of global programmes and reverse flow business highly desired.
- Experience working in underwriting operations or administration highly desired.
- Knowledge of EL/ PL desired but not essential.
- Good systems knowledge, experience of using various company bespoke systems to interrogate data
- Good understanding of insurance and the terminologies used, across all lines of business.
- Good technical understanding about underwriting policy construction; able to read underwriting files and understand what data needs to be recorded
- Good communication and interpersonal skills; comfortable with phone & face to face discussions with underwriters, brokers & other technical colleagues.
- Able to organise own workload effectively to meet service standards
- Deadline focused; able to work under pressure to meet tight deadlines
- Competent user of Excel & Word
- Accuracy and attention to detail

**About HDI and what next?**

**Avencia Consulting are an RPO who provide a recruitment service to our client HDI Global Specialty.**

HDI Global Specialty SE is a wholly-owned subsidiary of HDI Global SE and is part of the Talanx Group. HDI Global Specialty SE offers specialty insurance solutions to industrial clients, and products through delegated authorities and other sectors. HDI GlobalSpecialty has been operational since 1980 (through various guises). The UK branch focuses its efforts on underwriting activities for the two main business streams; Delegated Authority and Single Risk business. The specialty lines of business include errors& omissions liability insurance, directors' and officers' liability insurance (D&O), legal expenses insurance, sports and entertainment, aviation, offshore energy and animal insurance.

We want to be the best insurer in the specialty classes, recognised for our expertise, ability to provide solutions and service excellence to our clients and business partners, whilst being a place where talented people want to work.



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