Underwriting Assistant - Tech Onshore 6M FTC
Underwriting Assistant - Tech Onshore 6M FTC
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Job Description
Starr Insurance Companies is a leading insurance and investment organization providing commercial property and casualty insurance including travel and accident coverage to almost every imaginable business and industry in virtually every part of the world.
Cornelius Vander Starr established his first insurance company in Shanghai China in 1919. Today we are one of the worlds fastest growing insurance organizations capable of writing in 128 countries on 6 continents.
Role Purpose
To support the Onshore 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.
Responsibilities:
- Log all bound quoted working and declined risks into the SFDC immediately to ensure effective use as a clearance and budgeting tool.
- Liaise with Underwriters to produce the weekly Production Report.
- Assist in the creation of Annual budgets for GWP Fac RI and Expenses.
- Assist the Credit Control team in investigating outstanding premium resolving queries and controlling aged debt.
- Produce and monitor department NOCs.
- Undertake data entry in to the Underwriting Systems as requested by senior stakeholders.
- Assist Underwriters and Underwriting Operations with the month end reconciliation.
- Produce standard and adhoc reporting through the EDW and SFDC ensuring these are accurate and fit for purpose.
- Complete Underwriting Frontsheets in a timely manner and ensure completeness of Underwriting files.
- Calculation of material impact of Endorsements and producing Endorsement Frontsheets. Monitoring and logging of endorsements.
- Management of Starr360 process ensuring electronic files are kept uptodate.
- Manage the departmental Fac RI log.
- Produce Fac RI documentation including calculation sheets mudmaps and order forms.
- Work with the Tech Controller and Fac RI team to reconcile errors between the Fac RI Log and Eclipse.
- Assist with and drive forward company projects as required.
- Track and report on Engineering fee status. Liaise with Broking Houses to chase engineering fee payment.
- Work with Engineers to review upcoming renewals. Chase the relevant brokers for the necessary engineering reports.
- Assist the engineers in formatting and proofreading the technical reports they produce.
- Assist the engineers in arranging travel where necessary.
- Report any suspicion of financial crime to the Money Laundering Reporting Officer immediately.
- Produce a suite of monthly UW reports encompassing loss ratios rate change lapsed / churn commission and Fac spend.
Experience:
This is the perfect opportunity for a candidate who has 1 2 years experience in General Insurance or the London Market and is looking to attain CII qualifications or a recent graduate / wellqualified school/college leaver. We are looking for a candidate who is highly numerate and demonstrates a passion for developing their knowledge of this technical class. The successful candidate will possess strong interpersonal skills in order to build good relationships with brokers and excellent IT and analytical skills. They should also demonstrate a high attention to detail.
Starr is an equal opportunity employer which means well 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 were 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.
Required Experience:
Contract
Employment Type
Full-Time
