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    Underwriting Performance Assistant - London, United Kingdom - Avencia Consulting Services

    Avencia Consulting Services
    Avencia Consulting Services London, United Kingdom

    1 week ago

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    Description

    Avencia Consulting are recruiting on behalf of a leading specialty Insurer who are looking to hire an Underwriting Assistant to join their Property team.


    specialty insurance:

    aviation & aerospace, energy, marine, property, terror & political violence, contingency and other specialty lines; reinsurance: property reinsurance, property retrocession, specialty reinsurance, whole account/multi-class and bespoke.

    Support the pre-underwriting process focusing on review of historical performance, policy wordings, and pricing adequacy based upon predefined underwriting rules and/or guidelines.*Liaise with the placing broker throughout the underwriting cycle and policy period to ensure receipt of all necessary documents and manage any credit control issues.

    *Monitor and report contract performance on a quarterly basis.

    *Assist with Account Receivable collections when required.*Accountable for completeness of contents of underwriting package prior to handover to Underwriter for risk analysis/risk selection process.*Accountable for accuracy and completeness of data entry.

    *Liaise with Underwriters to confirm policy issuance instructions for policies, endorsements, forms, notices, certificates, etc.*Perform pre-analysis support for submissions, endorsements, and other incoming documents based upon predefined underwriting rules and/or guidelines *Monitoring premium payments and liaising with credit control, ensuring premiums are received before premium due date

    Bachelor's Degree and progress towards ACII or other relevant commercial insurance industry designations *Basic knowledge of commercial insurance and regulatory requirements *Basic competency in MS Office applications: Word, Outlook, Excel and Adobe Standard required *Excellent written and oral communication skills *Strong interpersonal skills in order to work effectively and professionally with diverse groups *Proven prioritisation and time management skills and ability to triage workload essential within a deadline intensive working environment.

    *High level of numeric competency combined with ability to perform detail-oriented qualitative review are required in order to adequately digest risk submissions.

    *
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