Underwriting Assistant
5 days ago
Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.
Underwriting Assistant
Location: London
Package: £Negotiable + Benefits
Brown & Brown are seeking a highly organised, ambitious and detail-oriented Underwriting Assistant to join our team specialising in US property risks. The successful candidate will have direct exposure to the underwriting process, providing essential support in the processing, analysis, and management of property insurance policies delivered via US and London based clients.
Day To Day
- Assist in the preparation and issuance of formal quotes, binders, endorsements, and renewals. Ensure all documentation is accurate and in line with underwriting of the account.
- Assist in the review and analysis of US property risks, including property values, loss history, building information and catastrophe exposures. Assist underwriters in gathering relevant documentation required for risk evaluation.
- Input risk data into underwriting systems, ensuring all information is correct, complete, and up to date. Maintain organised records for each account as required.
- Responsibility for reviewing property risk inspection reports, ensuring accuracy vs. the underwriting file and risk appetite. Engage with clients directly to resolve issues as required.
- Communicate with TUWCO clients to gather necessary information, resolve queries, and support the underwriting process. Maintain positive and professional relationships with clients in the US & London.
- Assist in the generation of underwriting reports, including performance tracking and exposure management.
- Ensure all underwriting files are complete and accurate. Manage incoming correspondence, responding appropriately and escalating to Underwriters where required.
- Provide ad-hoc support to Underwriters as required, including scheduling meetings, managing calendars, and preparing presentation materials.
- Clear ability to digest, understand and apply financial/statistical data as required.
- Ability to proactively relay information, ideas and problems to the team and our clients in a clear and relevant manner.
- Ability to plan and organise tasks and work effectively, setting own priorities to ensure that work is completed on time and to the standard required.
- Demonstrating a high level of care and thoroughness, checking work to ensure completeness, accuracy and fit for purpose.
- Displaying a high level of effort and commitment towards completing assignments in a timely manner. Manages own time and seeks to be as productive as possible, show willingness to work flexibly when required by the needs of the business. Sets high standards and well defined, realistic goals.
- Takes ownership of the work, assignments and work-related issues; does not ignore issues which are of importance to themselves, the team, or the wider company. Takes ownership of successes and mistakes.
- Participates as an active and ambitious member of the team to assist achievement of our goals. Works co-operatively with other team members, involves others, shares information as appropriate and shares credit for team accomplishments.
- Proficiency in Microsoft Office (Word, Excel, PowerPoint) is preferred but not essential.
- Previous experience in insurance, underwriting, or property risk analysis is preferred but not essential.
We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.
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