Assistant Underwriter - Trade Credit / Political Risk

Posted 23 May 2024
Salary Negotiable
LocationCity of London
Discipline Underwriting & Broking
ReferenceAUPRTC001
Contact NameBertie Hayward

Job description

New Vacancy - Assistant Underwriter - Trade Credit / Political Risk
City of London | Hybrid
Lloyd's Insurer

I am currently recruiting for a growing Lloyd's Insurer who are seeking an Assistant Underwriter to join their Trade Credit and Political Risk team.

This is a great role for an experienced Underwriting Assistant (3+ years) or an Assistant Underwriter looking for a new challenge. It is more focused towards Trade Credit rather than Political Risk so someone with strong TC experience is desired.

Key Responsibilities

  • Compile and present data and statistics for the team or business unit.
  • Ensure accurate input of risks into the underwriting system.
  • Enter policy aggregate information into relevant software and spreadsheets as needed.
  • Copy/scan risk information when requested.
  • Maintain and update records and files for the MGA and Reinsurer.
  • Communicate with brokers, clients, reinsurers, and Lloyds as needed.
  • Assist in preparing business plans and other required documentation.
  • Support in monitoring and controlling business operations as directed.
  • Help Underwriters fulfill their responsibilities and ensure smooth business operation.
  • Provide ad hoc figures and statistics reports to the Underwriter.
  • Keep underwriting records accurate and organized.
  • Support the growth of the business.
  • Collaborate with and assist the Claims department in claim settlements when necessary.
  • Adhere to data governance, risk management, and document management policies.
  • Function within authorized authority levels established by the Board.