Senior Policy Issuance Administrator - London, United Kingdom - AMC Insurance Appointments Ltd
Description
Our client, a leading Global Insurer and Reinsurer has a requirement for a Senior Policy Issuance Administrator.The main purpose of the role is to offer underwriters a skilled resource providing technical analysis and support with product development.
The Key Responsibilities include:
- Preparation and review of midterm endorsements for final signature and release stage.
- To ensure that Contract Certainty and policy issuance data is accurately recorded and reported.
- To produce policy documentation using the relevant policy publishing software and other inhouse systems.
- Consistently deliver top quality service to brokers and clients.
- Interpret all necessary clauses and endorsements to enable production of policies that correctly and accurately reflect the terms and conditions agreed by the Underwriters.
- Draft policy documentation from a broker placing slip and present a final policy for release to clients.
- Review and correct as appropriate broker prepared policy documentation (including endorsements).
- Regularly liaise with the claims team to provide necessary documents when claims arise and to provide data for relevant and possible claims trends.
- Regularly liaise with Underwriters in relation to wording updates, regulatory updates, revision of endorsements when market changes occur.
- Responsible for creating and maintaining the Library of wordings and endorsements, including any marketing updates.
- Produce, review and issue documentation, directly to brokers.
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