Underwriting Assistant, Reinsurance

Key Accountabilities & Role Requirements:

• To liaise with operational functions on the processing of Reinsurance policies.
• To assist underwriters in the completion of modelling submissions, pricing tools and account documentation.
• To assist in exposure management and portfolio data analysis.
• To engage in underwriting training and development, both internally and externally, with the ultimate aim of attaining underwriting authority.
• Engage with brokers and clients, building market relationships.
• To monitor and respond to changes in regulation and compliance.
• Prepare for and attend peer review meetings.
• Undertake analysis/tracking of QS bordereaux. 

Skills & Competencies Required:

• Communication skills – ability to communicate clearly with internal stakeholders and external clients and brokers at all levels, both verbally and in writing.
• Administrative skills – highly organised and able to prioritise tasks effectively. Applicants should have excellent attention to detail and an ability to meet deadlines.
• Presentation skills – ability to present to internal and external stakeholders
• Analytical skills – numerically literate and able to analyse data.
• Compliance – ability to ensure compliance with all management and regulatory controls.

As part of the applicant’s progression to attaining underwriting authority, the additional competencies expected include:

• Judgement / Decision-making skills – ability to approach problems logically and rationally and evaluate quantitative and qualitative data to make measured risk decisions.

• Relationship building – ability and confidence to establish and maintain excellent relationships with external stakeholders (such as brokers, clients, and reinsurers) in a client-facing role.

Qualifications & Experience:

ACII qualifications or willing to work towards.

A Levels or equivalent.

• Excellent IT skills – including intermediate Excel (ability to use formulas effectively and produce graphical data), and other Windows Office and Adobe applications.

• Strong numerical skills.

• Lloyd’s market experience preferable.

This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management. #wspi