Underwriting Assistant- 12 Month Ftc - London, United Kingdom - CNA Hardy

CNA Hardy

Verified Company

London, United Kingdom

1 week ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Role:
Underwriting Assistant

Function / Area:
Underwriting Operations

Reports To:
Underwriting Operations Manager

Position Summary

Under general supervision, supports the underwriters in the review and processing of new and renewal accounts for the UK.
Undertakes routine procedures on assignments of low/moderate complexity and general support to underwriters.

Key Responsibilities

May, within designated authority and following established procedures, perform routine evaluation, and pricing of low complexity risks.
Assists underwriters by communicating with brokers and other departments e.g. Billings and Collections, Actuarial etc
Requests underwriting information from brokers.
Follow up activity with brokers/UWs/CSC
Link between Underwriting and CSC
Issues and assembles quotes and policies upon receipt of underwriter approval.
Processes new and renewal business including some data entry into system, population of relevant systems, file makeup and policy issuance
Upon request from underwriters, processes midterm adjustments
May provide assistance and/or training to other Underwriting Assistants.
Review of data quality in core policy administration systems
Maintain standards and operational risk controls
May assist in special project work.
Comply with all applicable legal and regulatory requirements and ensure, at a level appropriate to the position, that appropriate measures are in place to ensure this compliance.
May perform additional duties as assigned.

Skills, Knowledge & Abilities

Demonstrated ability to work at high levels of productivity and quality.
Ability to work independently on multiple tasks.
Good interpersonal and communication skills.
Strong desire to develop knowledge and understanding of underwriting.
Knowledge of Microsoft Office Suite as well as other businessrelated software.
Knowledge of policy processing procedures and documentation.
Knowledge of applicable insurance products.
Developing decisionmaking skills.
Appropriate knowledge of all relevant regulatory and legal requirements applicable to the position.

Company Description

Company Overview
CNA Hardy is a leading specialist commercial insurance provider for clients within the Lloyd's and company markets. We are part of CNA Financial Corp, the 8th largest U.S. commercial property and casualty insurance company. Established in 1897, CNA has approximately 7,000 employees, serving businesses and professionals in the U.S., Canada and Europe.

We offer a wide range of products and services, providing a superior suite of insurance solutions that any organisation conducting business requires.

CNA Hardy is an equal opportunity employer.