Assistant Underwriter - Financial Lines Reinsurance (Credit / Political Risk)

Assistant Underwriter - Financial Lines Reinsurance (Credit / Political Risk)

Salary not available. View on company website.

MS Amlin, City of Westminster

  • Full time
  • Permanent
  • Onsite working

Posted 1 week ago, 25 Jan | Get your application in now before you're too late!

Closing date: Closing date not specified

job Ref: 0dbb8c12cbae422f82632edd32dd4c26

Full Job Description

Our Assistant Underwriters are at the heart of everything we do, without them our business wouldn't function.

The Assistant Underwriter is a key member of the underwriting team, the individual will have a level of authority in collaboration with the senior underwriters to help make sound underwriting decisions and contribute thinking and output to operational delivery of the strategy.

About The Job

What you'll spend your time doing :

Assist in arranging and attending client meetings.

Assist in the pricing of risks and the development of pricing models with the aid of the actuaries.

Keep up to date with claims situations, liaising with claims team as appropriate.

Ensure all required risk documents are scanned onto the underwriting workflow system and indexed accurately and in a timely manner

Enter all risk details on to the underwriting system where required, ensuring high levels of accuracy

Ensure the effective development of client / broker relationships - beginning to demonstrate a good understanding of the clients and the market in which they operate and how we can best meet their needs, or drive their risk needs.

Manage all queries in a professional and efficient manner

Represent MS Amlin at corporate / networking events, ensuring that the MS Amlin values and behaviours are upheld at all times

Remain alert to developments affecting the business of the class. Report on such matters, as appropriate.

Participate in the monitoring of premium payments and liaise with Brokers and CRT where necessary

Assistance with redevelopment of exposure management and aggregate capture work taking ownership of this process going forward

Conduct role in accordance with the Company's Business Ethics policy and all regulated entities as appropriate, MS Amlin is part of a global top-10 insurance group, MS&AD. We're made up of four distinct businesses covering global reinsurance, Lloyds franchise, local specialty insurer, and business services.

This role sits within our Reinsurance Franchise at Lloyd's (MS AUL) which specialises in Mergers & Acquisitions and Property & Casualty across London, the Middle East, the Far East and continental Europe.

Conduct Rules

With the implementation of the SM&CR (Senior Managers & Certification Regime), the Financial Services and Markets Act gave the FCA new powers to write conduct rules and apply them to all employees within a firm. The Conduct Rules set basic standards of good personal conduct. They stipulate that you must :

Act with integrity

Act with due care, skill and diligence

Be open and co-operative with the FCA, PRA and other regulators

Pay due regard to the interests of customers and treat them fairly

Observe proper standards of market conduct

Keen learner, keeping up to date with trends of the market.

High attention to detail and accuracy

Are a strong problem solver, ability to question status quo and ability create and implement solutions.

What you'll need :

Good knowledge and relevant underwriting experience ideally in Reinsurance

Ability to effectively influence and negotiate skills

Excellent communication skills

Sound financial and commercial acumen

Strong excel / numeracy skills.

A competitive salary and benefits package is a given, but you can also expect :

A great team and supportive colleagues

An open mind (especially to new ideas and ways of doing things)

A strong focus on diversity, inclusion and equal opportunities

A programme of wellbeing and mental health support

Employer-supported volunteering (ESV)

Flexible working

Continuous learning

Study support

Structured career development

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