Underwriting Assistant Job at networx, Manchester

ZmVldHVlbGgyOEdpK3M2R1o2V0ZFZz09

Job Description

Role: Underwriting Assistant

Job Profile




Function / Area: Underwriting Operations

Reports To: Underwriting Operations Manager

Position Summary


Under general supervision, supports the underwriters in the review and processing of new and renewal accounts for the UK.

Undertakes routine procedures on assignments of low/moderate complexity and general support to underwriters.


Key Responsibilities

  • May, within designated authority and following established procedures, perform routine evaluation, and pricing of low complexity risks.
  • Assists underwriters by communicating with brokers and other departments e.g. Billings and Collections, Actuarial etc
  • Requests underwriting information from brokers.
  • Follow up activity with brokers/UWs/CSC
  • Link between Underwriting and CSC
  • Issues and assembles quotes and policies upon receipt of underwriter approval.
  • Processes new and renewal business including some data entry into system, population of relevant systems, file make-up and policy issuance
  • Upon request from underwriters, processes mid-term adjustments
  • May provide assistance and/or training to other Underwriting Assistants.
  • Review of data quality in core policy administration systems
  • Maintain standards and operational risk controls
  • May assist in special project work.
  • Comply with all applicable legal and regulatory requirements and ensure, at a level appropriate to the position, that appropriate measures are in place to ensure this compliance.
  • May perform additional duties as assigned.


Skills, Knowledge & Abilities


  • Demonstrated ability to work at high levels of productivity and quality.
  • Ability to work independently on multiple tasks.
  • Good interpersonal and communication skills.
  • Strong desire to develop knowledge and understanding of underwriting.
  • Knowledge of Microsoft Office Suite as well as other business-related software.
  • Knowledge of policy processing procedures and documentation.
  • Knowledge of applicable insurance products.
  • Developing decision-making skills.
  • Appropriate knowledge of all relevant regulatory and legal requirements applicable to the position.

Company Description

Company Overview

CNA Hardy is a leading specialist commercial insurance provider for clients within the Lloyd’s and company markets. We are part of CNA Financial Corp, the 8th largest U.S. commercial property and casualty insurance company. Established in 1897, CNA has approximately 7,000 employees, serving businesses and professionals in the U.S., Canada and Europe. We offer a wide range of products and services, providing a superior suite of insurance solutions that any organisation conducting business requires.

CNA Hardy is an equal opportunity employer.

Similar Jobs

AECOM

Civil Engineer Job at AECOM

The development infrastructure teams manage many multidisciplinary residential led projects, with design work spanning scoping and feasibility, technical

Navartis

Site Manager Job at Navartis

We have a current opportunity for a Site Manager - Rolestown on a permanent basis. The position will be based in Dublin. For further information about this

Udacity

Chief Revenue Officer - B2B Job at Udacity

About Us Udacity is on a mission to change lives, businesses and nations through radical talent transformation in digital technologies. We offer a unique and immersive online learning

Rainbow Trust Children's Charity

Accounts Payable Clerk Job at Rainbow Trust Children's Charity

*A co-operative and helpful working style* you are able to work well with others, and offer a responsive and friendly service to all stakeholders.

Marriott International, Inc

Casual Food and Beverage Associate Job at Marriott International, Inc

Job Number 23077516 Job Category Food and Beverage & Culinary Location Delta Hotels Swindon, Pipers Way, Swindon, England, United Kingdom VIEW ON MAP Schedule Part-Time Located