Assistant Underwriter - London, United Kingdom - Aspen Insurance Holdings

Aspen Insurance Holdings
Aspen Insurance Holdings
Verified Company
London, United Kingdom

1 week ago

Tom O´Connor

Posted by:

Tom O´Connor

beBee Recruiter
Description

Reference:
ASPUKRS00105

,

Permanent - Full Time


About us:

Since Aspen was founded in 2002, we have become a leading, diversified specialty insurance and reinsurance company. We respond thoughtfully and creatively to find the best outcomes for our clients and business partners through carefully-tailored solutions.

We believe the way we work is just as important as the work we do, and we are guided by our core values of respect, honesty, trust and professionalism.

Aspen is a great place to develop your career offering an exciting and challenging environment where achievement is rewarded.


The role:


To assist underwriters to underwrite business in accordance with the business plan with the purpose of underwriting a profitable account on behalf of Aspen in the UK.


Key accountabilities:


  • Be aware of and comply with the FCA
  • Review, negotiate, accept or decline risks on behalf of the company
  • Ensure all business is thoroughly evaluated and rated, and that risks written adhere to the company's underwriting standards and individual authority limits
  • Establish and develop relationships with, and provide an efficient service to, brokers and clients including overseas visits and travel, where necessary
  • Actively participate in the development and execution of the Departmental Business Plan
  • To effectively use Subscribe (inhouse database) e.g. data input, interrogation of data, report generation
  • Assist with developing and modifying Policy Wordings, Clauses and Exclusions as circumstances require and as directed by the team leader
  • Adhere to all relevant Lloyd's guidelines and practices
  • Liaise with other relevant Aspen business and service units to establish, support, and maintain business relationships and achieve departmental and corporate objectives

Additional duties:

  • To act in accordance with and be an advocate for the Aspen Principles and Values
  • Participate and undertake applicable professional, technical and career development training (delivered internally and externally) to include attainment of associated qualifications where required
  • Where applicable ensure company, market and client related documentation is issued (internally and externally) accurately and on time
  • Comply with external and internal regulatory and statutory policies, procedures and regulations.
  • To operate as an effective team member by supporting colleagues and contributing in the delivery and achievement of overall team and business objectives
  • Liaise with relevant and associated areas and groups within the business process to establish, support and maintain business relationships and organisational effectiveness

Skills & experience:


  • Educated to degree level or equivalent standard
  • Completion/progression towards ACII qualification
  • Relevant work experience within the insurance industry
  • Good written and verbal communication skills
  • Presentation skills appropriate for a professional setting
  • Comfortable with technology
  • Adaptable to change in a fluid commercial environment
  • Comfortable working in a team environment
  • Willing to use own initiative within authorised parameters
  • IT Skills: Microsoft packages, database and internet software
  • Able to travel abroad when required

Other:

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