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Delegated Underwriting Authority Assistant

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1 Vacancy
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Job Location drjobs

London - UK

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

In good company.

Hamilton (NYSE: HG) underwrites specialty insurance and reinsurance risks on a global basis through its wholly owned subsidiaries. Its three underwriting platforms: Hamilton Global Specialty Hamilton Select and Hamilton Re each with dedicated and experienced leadership provide access to diversified and profitable business around the world.


Headquartered in Bermuda Hamilton has over 600 employees with key underwriting operations in London Bermuda the US and Dublin. We work collaboratively we share a passion for the service and results we deliver and we know that what we do each day is meaningful to our customers and our business. We believe we are In good company. with everyone we interact with.

Were looking for a

Delegated Underwriting Authority Assistant

Based in London and reporting to the Head of Delegated Underwriting Authority the successful candidate will support the Delegated Underwriting Department with various administrative and oversight tasks to ensure strong oversight of the Delegated book.



Hamilton Global Specialty is our multi-platform specialty insurer operating primarily through a Lloyds Syndicate and Dublin operating company with a managing general agency in the US.


What you will do

  • Act as a user for Intrali VIPR (Bordereaux management system) and liaise closely with various internal and external stakeholders to ensure accurate mapping and data oversight
  • Assist with the resolution of bordereaux queries via communication with Underwriters and Brokers
  • Chase underwriting divisions for outstanding bordereaux and ensure bordereaux is tracked and recorded accurately
  • Assist the Head of DUA with ongoing Coverholder compliance via the monitoring of the Atlas and internal systems
  • Review and approve lead binding authorities on Lloyds DCOM
  • Assist the DUA Audit manager with various audit administration tasks and data entry into internal systems
  • Assist the DUA Audit manager with communication with external auditors confirming audit dates and ensuring timely receipt of audit reports
  • Assist the DUA Audit manager with underwriting visit scheduling and obtaining completed reports from Underwriters


Conduct Standards

  • You must act with integrity
  • You must act with due skill care and diligence
  • You must be open and cooperative with the CBI FCA the PRA and other regulators
  • You must pay due regard to the interests of customers and treat them fairly
  • You must observe proper standards of market conduct
  • You must act to deliver good outcomes for retail customers


What you require for the role

      • Good Attention to detail with strong numerical skills and with some knowledge of the Lloyds market
      • Knowledge of insurance. Experience of working in the Lloyds Market/ Lloyds systems or a delegated authority environment would be preferable but not mandatory
      • Understanding coverholder management systems such as VIPR and Lloyds delegated underwriting systems and platforms is desirable but not mandatory
      • Proficiency with MS Office Suite specifically Excel
      • Excellent verbal and written skills
      • Ability to communicate with internal and external stakeholders at all levels
      • Ability to work without supervision
      • Good team player & Self-motivated
      • Capable of working to a deadline when required
      • Open innovative and inclusive mindset
      • Collaborative spirit


      What you can expect from us

      At Hamilton we offer a vibrant entrepreneurial and collaborative workplace shaped by our values: Be Smart Be Sensible Be Open and Be More.


      Our employees consistently say they would recommend Hamilton as a great place to work a testament to the inclusive supportive and empowering culture weve built together. We embrace individuality value diverse perspectives and recognise the unique contribution each person makes to our continued success.


      Required Experience:

      Senior IC

      Employment Type

      Full-Time

      Company Industry

      About Company

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