Underwriting Assistant

Department: Underwriting

Location: London

Description

The Underwriting Assistant position supports underwriters by providing general administrative support, ensuring precise data handling and operational efficiency within a London-based insurance team. This role is integral in supporting underwriting strategies and process consistency.

Specific Responsibilities

• Perform data entry of insurance information into in-house systems to agreed, defined standards of accuracy and timeliness
• Interpret Contract/Slip wording to ensure accuracy of data entry.
• Consideration of Regulatory Requirements, Internal Business requirements and Service Level agreements across Key Performance Identifiers.
• Facilitate aged debt and general credit control by answering contract specific queries
• Assist Underwriters with completion of key tasks, including but not limited to; Peer Review, RARC, ULR completion, EPI Attestation review(s) and, preparation of Renewal packs. This could include check & challenge activity.
• Utilise in house reporting to aide completion of key Operational and Underwriting tasks.
• Act as liaison between Operations and Underwriting where required.
• Be an advocate for change.
• Be aware of the continuous improvement ethos specific to Operational efficiencies and consistencies, suggest solution(s) and facilitate implementation.
  
  

Essential Skills & Requirements

• Demonstrate high levels of accuracy and have good attention to detail
• Able to work as part of a team
• Good communication skills
• Self-motivated and willing to develop knowledge and skills
• Computer literate and competent using Microsoft Office programmes
• Prior experience is desirable but not required
  
  

The Lancashire Way

At Lancashire, we believe our culture sets us apart. The way we behave and approach our work day-to-day is what makes us unique and creates a positive experience for our people, business partners and other stakeholders. Honesty and integrity in all we do is a given and The Lancashire Way reflects our true character and spirit.

Straight-talking

We feel empowered to share thoughts and ideas, because everyone’s voice matters.

Collaborative

We work together towards common goals, share knowledge and support each other.

Hard-working

We all have a stake in the company’s success and are proactive in contributing to our goals and vision.

Responsible

We focus on achieving tangible results with consistent standards across the Group.

Positive

We engage with brokers, clients, communities, stakeholders and colleagues professionally and passionately as proud ambassadors of Lancashire.