Underwriting Assistant

3 days ago

City of London, United Kingdom Comtecs Ltd Full time

Underwriting Assistant / Underwriting Operations Analyst - Casualty & Specialty Reinsurance, Delegated Authority Business, Binder Arrangements, Bordereaux Reporting, MS Excel, PowerBI, Stakeholder Engagement. Permanent, London/Remote (Hybrid 3/2). £45k -£55k +Bonus +Benefits
Underwriting Assistant / Underwriting Operations Analyst sought by global Reinsurance company operating primarily within the Casualty and Specialty markets.
You will undertake operational support work relating to delegated authority business which will involve liaison with brokers and underwriters to support the binder arrangements and facilitate business. You will review all slips prior to contract arrangement,monitor exceptions and ultimately have responsibility for overseeing the operational side of the Casualty & Specialty book, within a small team of 3.
Secondly, the Underwriting Assistant / Underwriting Operations Analyst will provide insight and analysis relating to ongoing business through the management of data within MS Excel and (potentially) PowerBI generating relevant reports for brokers, underwritersand internal management stakeholders. You will look at variances in claims received/business booked as well as wider trends and provide insightful reports as required. Finally, you will be involved in the annual outward reinsure data project which will requirecompilation of data and appropriate analysis.
This is an operational role within the insurance environment and as such we are searching for an Underwriting Assistant / Underwriting Technician / Assistant Underwriter / Delegated Authority Reporting Analyst. You will be comfortable liaising with both brokerand underwriters, have a strong understanding of binder arrangements and the delegated authority process. You will be familiar with slips (pre-contract agreements), Bordereaux reporting and be confident in your use (at intermediate level at least) with MSExcel, with an ability to write Excel statements. You may have some experience in PowerBI but this is non-essential. You will be a self-sufficient individual who possesses excellent communication skills.
You may have been working in either an Insurance Underwriters, Reinsurance Company most recently or have a background in Financial Services. We are open to experience in terms of business lines but any exposure to casualty risk would be highly beneficial. Youwill however have worked with and understand the delegated authority business model and the binder agreements which underpin the arrangements.
Exceptional opportunity to join and well-respected, global reinsurance firm. City of London location with 3/2 hybrid working - Mondays and Thursdays are mandatory days. Excellent benefits and career progression opportunity. Please note that 1st stage interviewswill be undertaken face-to-face with subsequent interviews completed via MS Teams.

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