Underwriting Assistant - Ipswich, United Kingdom - XL Catlin

XL Catlin

Verified Company

Ipswich, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Flexible Work Eligible:
Flexible Work Schedule

DISCOVER your opportunity
We're a market leading, global insurer and reinsurer. With an innovative approach to solving complex risks, we have the knowledge and experience. And we're looking for more.

Our Ipswich-based operations teams are part of the Middle Office division and are at the centre of our insurance organisation.

We look for innovative and creative individuals to join our experienced and professional colleagues, who strive to challenge and continually look at how to improve the way we do things, taking ownership and leading their own development and career opportunities.

We offer flexibility with our smart working initiative, combing working from home and from our Ipswich office, or attending our London office from time to time.

Our culture fosters collaboration, customer service and colleague development.

There really is potential to have so much variation in Middle Office if you want it as part of your career, and to develop skills in a lot of different areas too, the industry in which we work in Insurance or Reinsurance, the IT Systems we operate to manage our business, through to Project, Process or Change Management type disciplines.

Ipswich is an idyllic rural location, with good transport links to London and just 20 minutes from the coast.

The AXA XL office is easily accessible, only a 10 minute walk from the train station and has the benefit of free onsite car parking as well as a subsidised staff restaurant - we even give our employees an allowance for lunch We are a short walk from the picturesque waterfront, an ideal place for a lunchtime stroll with colleagues and there are plenty of good restaurants to choose from for a bite to eat on the way home or perhaps before a trip to the local theatre or cinema.

Our office is newly refurbished, it's modern and bright featuring up to date technologies, and plenty of collaboration areas to meet with colleagues to share ideas and get together.

DISCOVER your opportunity
What will your essential responsibilities include?

Submission/ Renewal Phase

Timely requests to offshore team for quote creation and name clearance activities
Timely and accurate binding (or declinature) of quotes
Use underwriting tools to support the underwriter in defining the structure of UK business

Implementation Phase

Timely and accurate processing of premiums
Proactive engagement with underwriting to ensure new and renewed accounts have an efficient and smooth account hand over, ensuring information received is understood and complete in order to process policies on system(s)
Ensures timely and complete documentation of files handled by role holder in UW file (on Document Management System)
Accountable for correct (RI) premium, (RI) commission and tax bookings in processing systems
Premium collection accountability of accounts globally and take appropriate proactive action to ensure optimal collection performance

Maintenance Phase

At request of Underwriting, ensure timely and highquality implementation of midterm endorsements, issuance of certificates of insurance and focus on premium collection monitoring (according to the processing rules and guidelines, incl. system data entries)
Ensure appropriate communication flow between Underwriting, Middle Office and Shared Services
Foster positive relationship with internal/external counterparts to get a mutual understanding of their needs
Deal with and address requests originating from client/broker immediately and refer to Underwriting as required and as timely as possible. Seek confirmation from Underwriting prior to implementation of change request

General Support

Develop an internal network for facilitating the transfer of information and data between functions and departments in order to service the requirements of the underwriters and clients/brokers
Develop expert level knowledge with regards to systems, and processes and keep abreast of new guidelines published.
Ensure data quality accuracy ratios at the defined level/metrics
Support existing backlog clean up exercises
Support project work to ensure that existing processes meet requirements
Provide Day to Day support to our Shared Services team based in India

You will report to the _Operations Manager UK _.

SHARE your talent

SHARE your talent
We're looking for someone who has these abilities and skills:

Previous retail, casualty or property experience is essential
Ability to achieve processing goals and produce quality results while working under pressure
Experience in administration / client service function
Advanced working techniques / selforganization skills to manage assigned portfolio of accounts, keep overview of todo's and various deadlines by account, keeping track of internal and external correspondence by account
Management of Shared Service Centre functions and processes beneficial
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