Assistant Underwriting Technician - London, United Kingdom - Avencia Consulting

Avencia Consulting

Verified Company

London, United Kingdom

1 week ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

The Role
Assistant Underwriting Technician

London

Salary - competitive

Hybrid working available.

Are you looking to take the next step in your career within insurance? We are currently looking to recruit for an Assistant Underwriting Technician for someone who has experience working within insurance and is looking to take their next step into workingin the London Insurance market with HDI Global, a London market insurance provider.

If you are looking to make the next move in your career within insurance, this could be the opportunity for you

What is the role's purpose?

To ensure the efficient and effective processing of technical information for the UK Branch, including any other branches or entities for which the UK Branch is responsible and handling of multinational business, on behalf of the HDI Group Global Network.

This includes acting within agreed operational and underwriting authorities, meeting agreed service and data quality standards, both internal and external.

What will be my key accountabilities and role responsibilities?

Ensure that all UK Servicing Office Policies and other documents are issued promptly, accurately and in line with underwriting appetite and multinational guidelines.
Ensure data supplied is complete and accurate, by liaison with producing offices; fronting partners; underwriters; brokers; coinsurers; etc as required.
Liaise with the producing office(s), fronting partners and underwriters to ensure local policy requirements can be met and answer underwriting queries.
Promptly identify any issues and raise with Operations Manager, Senior Underwriting Technician or Underwriting Technician in order to resolve.
Ensure documents issued comply with all relevant overseas & UK regulatory and HDI UK requirements.
Ensure that all underwriting data is recorded promptly and accurately within the requisite systems; including, but not exclusively Geras, Pool Re, One Flow, Global Network Portal, IP Web, Elto, ARGOS, E-Accounting.
Ensure data to be entered is complete and accurate, by liaison with producing offices; brokers; coinsurers; underwriters, or Senior Underwriting Technician, other HDI offices etc as required.
Reviewing data quality as required and ensuring any errors or omissions are corrected promptly, liaising with Operations Manager, Senior Underwriting Technician, Underwriting Technician, producing offices, credit control & other teams as appropriate.
Maintaining accurate electronic records for auditing and regulatory purposes.
Data entry includes, but is not exclusively: policy creation; new business premiums; renewal premiums; endorsements; terrorism; coinsurances; reinsurances, taxes, other deductions, lead office expenses, risk management fees etc.
Support Senior Underwriting Technician and Underwriting Technician with processing of the International Programmes.
Ensure effective handling of MGA, Inwards and outwards Network.
Administration of Bordereau's received from MGA's and TPA's including verification, processing routines and any associated actions.
Answering queries received via eaccounting system or from credit control, liaising with Underwriting Technician and relevant Underwriting Team(s) and processing correcting entries as appropriate.
Regularly produce reports from Global Network Portal and Business Objects in order to identified pending queries, missing information and provide claims information to external clients.
Regularly review and document procedures, ensuring they are up to date and fit for purpose, identifying any process improvement opportunities.
Responsible for meeting agreed service standards.
Ensure any actual or potential failures are identified and reported promptly, to the relevant Underwriting Team(s), Producing Offices, Senior Underwriting Technician, Underwriting Technician or Operations Manager.
Ensures departmental returns are completed in a timely and accurate way e.g. ELTO, POOL RE and Audit requirements.
To undertake any other tasks as requested by the Operations Manager.

What skills and experience are we looking for in you?

Good GCSE and A levels as a minimum, preferably Degree educated
Good systems knowledge, particularly experience of using various company bespoke systems to capture and monitor data
Able to organise own workload effectively to meet service standards
Deadline focused; able to work under pressure to meet tight deadlines
Accuracy and attention to detail
Competent user of Excel & Word
Understand financial impact of technical data processed
Numerate
Excellent communication skills
Open to change

What next?
Avencia Consulting are an RPO who provide an in-house recruitment service to our client, HDI Global.