Underwriting Assistant

1 day ago

London, United Kingdom Starr Insurance Companies Full time

**Responsibilities**:
**Role Purpose**:
We have an exciting opening for an Underwriting Assistant to join our Offshore Energy team. This role will support the Offshore Underwriting division through defined administrative responsibilities, providing support within Underwriting Controls and utilise the Underwriting Authority granted, within the set parameters, and ensuring compliance with regulatory and Company standards.

**Roles & Responsibilities**:

- Oversee the work completed by members of the Underwriting Operations department, by quality assurance checks of data entry in to Underwriting systems with the defined Service Level Agreements, respond to queries within the defined Service Level Agreements, ensure all tasks are completed for month-end close; and provide training where applicable.
- Log all bound, quoted, working and declined risks into the business log immediately.
- Ensure that Underwriting files are complete and accurate. Obtain any outstanding items from the broker or underwriter in readiness for Peer Review.
- Ensure that signings are accurate and are consistent with written confirmations.
- Assist the Credit Control team in investigating outstanding premium, resolving queries and controlling aged debt.
- Liaise with brokers to follow up on outstanding quotes and renewals as directed by the Underwriters.
- Produce standard and ad-hoc reporting ensuring these are accurate and fit for purpose.
- Assist with, and drive forward, company projects as required.
- Undertake data entry in to the Underwriting Systems as requested by senior stakeholders.
- Ensure that the Peer Review is complete within 30 working days from QA by communicating with the Underwriter.
- Provide PBQA and Contract Certainty oversight ensuring that potential issues are escalated through the appropriate channels.
- Monitor lineslips and binders ensuring that bordereaux/declarations are received and recorded in a timely and accurate fashion.
- Produce monthly loss-runs for the Underwriting team and resolve queries as required.
- Support the underwriting team through utilising the agreed underwriting authority in a competent and consistent manner.
- Support the underwriters at Lloyd’s as required.

**Experience and Qualifications**

Starr are an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.

For this role we are open to discussing flexible working options with the possibility of reduced hours, remote working, flexible start and finish times. Please discuss your requirements with us during the interview process and we will explore what’s possible for the role.

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