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Underwriting Assistant - PV & Terrorism

High Finance (UK) Limited T/A HFG
Posted 4 days ago, valid for 14 days
Location

London, Greater London EC1R 0WX

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The Lloyd's Syndicate in the City of London is seeking an Underwriting Assistant for their Political Violence and Terrorism team.
  • This entry-level position is ideal for candidates with some Lloyd's experience, though it is not mandatory.
  • The role requires strong knowledge of the insurance industry and involves various administrative underwriting duties.
  • Key responsibilities include preparing figures for underwriters, drafting compliance terms, and managing risk-related documents.
  • The salary for this position is competitive, and candidates should ideally have up to 1 year of relevant experience.

New Vacancy: Underwriting Assistant (Political Violence & Terrorism)Lloyd's Syndicate City of London I'm currently recruiting for a leading Lloyd's Syndicate seeking an Underwriting Assistant to join their growing Political Violence and Terrorism team.This is an entry level role, ideally suited to someone with Lloyd's experience from an internship/work experience level, however this isn't essential. Strong knowledge of the insurance space is desirable and this role will entail admin Underwriting duties and more.

Key Responsibilities:

  • Prepare and deliver figures and statistics to underwriters across multiple locations on an ad hoc basis.
  • Draft compliance terms for underwriter approval.
  • Accurately input risks and policy aggregate data into underwriting systems and pricing models.
  • Copy, scan, and manage slips and other risk-related documents as required.
  • Maintain syndicate records and files efficiently.
  • Monitor daily risk aggregate exposures and provide timely reports to underwriters.
  • Liaise with brokers and service providers under the guidance of senior team members.
  • Support underwriters in fulfilling their responsibilities and ensure smooth business operations.
  • Maintain accurate and organised underwriting records.
  • Adhere to data governance frameworks, escalate issues as needed, and comply with risk and document management policies.
  • Operate within defined authority levels and undertake other tasks as directed by management.

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.