Underwriting Apprentice - London, United Kingdom - MS Amlin

MS Amlin

Verified Company

London, United Kingdom

1 week ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Underwriting Apprentice

The underwriting apprentice role will be part of a busy team supporting with the day to day underwriting activities. This will include looking after data and making sure its managed smoothly and keeping to required time frames. The apprentice will support the underwriters to underwrite various allocated accounts in line with the business plan. They will also support that produces a return to capital providers in accordance with the divisional business plans. The apprentice will also provide technical and administrative support to Underwriters. This work will include some statistical analysis and reporting on business activity. In addition, the apprentice will support with the production of relevant reports to ensure the team is meeting its regulatory requirements internally and externally. This is a role that is at the heart of everything we do.
This apprentice role primarily focused on providing support to underwriters.
About The Job
What you'll spend your time doing:

While there is rarely a 'typical' day within the underwriting team, here's a snapshot of some of the key parts of the job:

Supporting the delivery of client-facing transactional service activities
Assisting in the daytoday running of client risk and insurance programmes
Contributing proactively to client satisfaction, retention and profitability
Carrying out administrative tasks contributing to your underwriting team
Inputting data accurately to maintain management information
Setting up references for new & renewal accounts.
Making sure all risks are actioned accordingly in our internal system. (S2000)
Save any relevant documents to the system
Ad hoc reporting, renewals lists, looking after and analysing monthly rates, aggregate and premium projections and monitoring
Responding to bdx queries and exceptions on IQcanvases
Assist with creating various reports i.e. data fitness reports
Build effective relationships with own peer group within the market to ensure continued growth
Remain alert to developments affecting the business of the class.
Participate in the monitoring of underwriting against the Business Plan drawing attention to exceptions where identified.
Assist with resolving standard risk review queries
You're going to enjoy this job if you also
Curious
Good communicator and negotiation skills
Team player
Attention to detail
Numerical skills
Analytical and critical thinking
Enjoy maths and stats
Have an eye for detail
Are a strong problem solver
Can explain complex data in simple terms
What you'll need:
GCSE in Maths and English or equivalent at grade 4 or above
A 'Level results in A-C range
What you can expect from us:
Salary and benefits package is provided, but you can also expect:
A great team and supportive colleagues
An open mind (especially to new ideas and ways of doing things)
A strong focus on diversity, inclusion and equal opportunities
A programme of wellbeing and mental health support
Employersupported volunteering (ESV)
Flexible working
Continuous learning
Study support
Structured career development
About MS Amlin
MS Amlin is part of a global top10 insurance group MS&AD, with three main legal entities operating in the Lloyd's (MS Amlin Underwriting Limited), UK & Continental European (MS Amlin Insurance SE) and Swiss and Bermudian (MS Reinsurance) markets. We have an enviable reputation for our customer knowledge, claims service and the specialist insurance and reinsurance expertise we apply. We provide the type of security leading organisations need to break new ground, innovate and offer lifechanging services and amenities to some of the world's most challenging regions. Through our parent company, our record extends back over 300 years and today we have more than 1800 (TBC) people in 15 locations worldwide.
We are experts in underwriting, with both technical capability and deep knowledge of the areas we insure. Our claims service aims for equality, with efficient, fair and timely claims management.
We're going through an exciting period of modernisation and transformation for which we need entrepreneurial thinkers to help execute our strategic vision for growth. We're on a dynamic path and we need your to help shape it.
MS Amlin is committed to taking a flexible approach to working to allow our employees more control over when and where they work, while still continuing to meet our client demands. This flexible approach continues into our benefit scheme, with a competitive package and attractive lifestyle fund.
About MS Amlin

Underwriting Limited

The MS Amlin group of companies delivered approximately £2.8bn of premium in 2021, around half of which was placed via the Lloyd's platform through Syndicate 2001, one of the largest Lloyd's syndicates.
Operating through its Lloyd's Syndicate, MS Amlin writes a diverse (re)insurance portfolio, supporting clients