Underwriting Assistant
2 weeks ago
Underwriting Assistant
**Company**
Bell&Clements
**Location**
London, United Kingdom
**Introduction**
Bell & Clements is a leading expert in understanding and connecting US coverholders and brokers to flexible and innovative insurance solutions. We are also a registered Lloyd’s Broker. As a wholly owned subsidiary of Munich Re, we have access to the expertise, products and risk appetite of one of the largest and most successful insurance groups in the world.
We are specialists in offering expertise in underwriting, broking and capacity management for US Excess and Surplus (E&S) lines insurance solutions. The unique combination of broking and underwriting divisions provides the ability to quote and bind risks through inhouse binding authorities, while providing customers with access to Lloyd’s, London Market companies, and Munich Re owned capacity in Germany and the US.
**Why join us?**
We are a responsible employer, with a reputation for innovation and adding value in the insurance distribution chain. As a wholly owned subsidiary of Munich Re, we have access to the expertise, products, risk appetite and career development opportunities of one of the largest and most successful insurance groups in the world. As our business continues to grow, we are committed to expanding our team and provide development opportunities to ensure we are always supporting our people in their career journey. Our talent pool makes us who we are, and our inclusive culture means we are looking to continue to build our team with broad expertise, diverse backgrounds, and ambitious employees. Being part of Bell & Clements provides access to multiple health and wellbeing benefits, work-life balance initiatives (including hybrid working), financial wellbeing packages as well as training, development and career opportunities.
**Overview**
You will be assisting the Senior Underwriters, Underwriters & Assistant Underwriters with all administrative and underwriting tasks (within guidelines) for business handled by the Direct Property team - Dealers Open Lot, & Garage keepers risks. You will be reporting into the Head of Direct Property, day to day tasks overseen by the Senior Underwriter. You will work on a hybrid working model.
**Responsibilities**
- Assist in administering correspondence sent to the Property and DOL/GKLL mailboxes.
- Underwrite daily post items within guidelines as held on file.
- Production of new quotes, renewal quotes and binders, based on Underwriters terms.
- Prepare submissions for Senior Underwriters, Underwriters and Assistant Underwriters when required.
- Involvement & training with DOL/GKLL Underwriters on new/renewal & PolicyFly business.
- Work closely with the Quality Control team.
- Attend monthly and annual departmental meetings actioning any points specific to you.
- Produce minutes from departmental meetings.
**General Duties and Responsibilities**
- To embrace and actively implement the core principles of Continuous Conversations; (Commitments, Feedback and Development) as part of daily activities and with other colleagues;
- Take ownership of and make personal and professional development a priority as part of Continuous Conversations;
- In line with Continuous Conversations, establish and achieve development aspirations and needs through the setting of commitments and giving and receiving frequent, constructive feedback (referring to resources provided for support);
- To abide by the policies and procedures of B&C.
**Key Skills and Experience**
**Essential**
- Processing of underwriting endorsements and mid-term adjustments an advantage
- Experience of reviewing / underwriting inspection reports - preferred
- Accuracy, attention to detail and analytical skills essential
- Strong interpersonal, team working and communication skills, both written and verbal
- The ability to absorb technical information
- Confident decision-making skills
- Numeracy and statistical skills
- Problem-solving skills and a logical approach to work
- Self-motivation
- The ability to work to tight deadlines
**Desired**
- Experience in an underwriting support role
- Numeracy, analytical and statistical skills
- North American Property business an advantage.
**Benefits**
**Equal Opportunities
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