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Underwriting Operations Administrator

  • £24000.00 - £26000.00 per annum
  • City of London
  • MW Appointments
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Role: Underwriting Operations Administrator

Location: City

Salary to £26,000

Permanent

Key Responsibilities

Inputting risk data into the underwriting system at all stages of the risk assessment and underwriting process

Managing underwriting documentation

Establishing workflows and processes

Continuous improvement of the underwriting administration process

Project development of the underwriting system to meet the changing needs of the business

Timely and accurate capture of risk data in the Occam Underwriting administration system

Ensure that underwriting files are complete and contain all relevant documents

Run monthly bordereaux for capacity providers

Carry out sanctions checks and licence checks on insured entities and territories

Liaise with underwriting teams and finance to monitor the timely receipt of underwriting data

Liaise with underwriting teams and finance to address data deficiencies and related issues eg tax schedules and premium discrepancies

Take reasonable steps to adhere to agreed processes and timescales

Candidate Profile

A general understanding of the underwriting process

A general understanding of the operation of the (re)insurance markets

A general understanding of underwriting documentation from quote to bound slip

A general understanding of the Lloyd's and London Market requirements and BAA administration

Experience of maintaining insurance underwriting systems

Working knowledge of Microsoft Word and Excel Outlook

Strong interpersonal skill

Accuracy and attention to detail

Analytical thinking and numeracy

Education and Experience

Educated to GCSE A level or equivalent

CII qualification preferred but not essential

Minimum 2 years' experience in a data capture or relevant administrative role

REF 7924

MW Appointments is acting as an Employment Agency in relation to this vacancy.

  • Advertiser: Agency
  • Posted on: 08/04/2021 16:54
  • Reference: JO0000007924