Assistant Underwriter, Commercial Insurance
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Job Location:
Manchester - UK
Monthly Salary:
Not Disclosed
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
We have a new role available to join our Manchester office as an Assistant Underwriter
This is a key role within our commercial insurance team where you will contribute to the achievement of business and corporate goals relating to renewal retention rate exposure service and producer/client relations. As Assistant Underwriter you will support the underwriters with day-to-day administrative and technical responsibilities develop your own underwriting abilities and take ownership of key operational functions.
Key Responsibilities:
- Responsible for a group of accounts and the issuance of renewal terms as per established guidelines for that book of business.
- Ensure renewal terms are delivered promptly within agreed guidelines.
- Handle any renewal updates from brokers and re-issue the renewal quote as necessary.
- Upon receiving bind instructions ensure timely action to allow the premium to be booked and policy documentation to be issued.
- Manage mid-term actions for allocated accounts liaising with Operations and Offshore teams to ensure administrative matters are handled efficiently.
- Prepare risk referrals and seek approval from the appropriate authority holder as necessary if outside your underwriting authority or where assistance is required.
- Maintain knowledge of all relevant product lines appetite and policy wordings.
- Follow and align with underwriting processes and protocols as mandated by the Product Line for your portfolio of accounts.
Qualifications
- Experience within Commercial Insurance from either an Underwriting or Broker background.
- Ability to demonstrate application of technical underwriting knowledge.
- Experience working independently and as part of a team.
- Knowledge of policy forms.
- Ability to use initiative and prioritise work effectively.
- Strong relationship-building skills.
- Demonstrated desire to continue professional development.
Required Experience:
Junior IC
Key Skills
- Time Management
- GIS
- Typing
- Microsoft Office
- Microsoft Access
- Microsoft Outlook
- Workers' Compensation Law
- Benefits Administration
- Underwriting
- Administrative Experience
- negotiation
- Aviation Experience
About Company
Chubb Life has been in Egypt since 2003. Chubb Life is the international life insurance division of Chubb - the world's largest publicly traded property and casualty insurance company by market capitalization.
