Assistant Underwriter

Location: Greater London

Assistant Underwriter page is loaded## Assistant Underwriter locations:
London time type:
Full time posted on:
Posted Todayjob requisition :
R0016270

Howden is a global insurance group with employee ownership at its heart. Together, we have pushed the boundaries of insurance. We are united by a shared passion and no-limits mindset, and our strength lies in our ability to collaborate as a powerful international team comprised of 23,000 employees spanning over 56 countries.

People join Howden for many different reasons, but they stay for the same one: our culture. It’s what sets us apart, and the reason our employees have been turning down headhunters for years. Whatever your priorities – work / life balance, career progression, sustainability, volunteering – you’ll find like-minded people driving change ut DUAL Working across 21 countries, DUAL has built a reputation as a specialist underwriting group  and the market of choice for insurance intermediaries around the world.

That’s how  we have become one of the world’s largest international underwriting agencies (or MGAs) with US $3.5bn of GWP.DUAL is part of Howden, an international insurance group with employee ownership at its heart. The group was founded in 1994 and now has divisions in broking and underwriting, operates in 55 territories and employs over 19,000 people handling US $42bn of premium on behalf of clients.

Role Definition To underwrite business and support the Underwriting team in accordance with the business plans and within delegated underwriting authority, as agreed within the binder agreements.

Key Responsibilities / Accountabilities
* Ensure up to date records are maintained at all times on the Company systems.
* Underwrite business in accordance with Company and Underwriter requirements.
* Interpret instructions and issues arising, and then implement actions according to Company policies and procedures.
* Innovative, always look for ways to improve efficiency of the underwriting process.
* Ensure that brokers settle their outstanding balances within the agreed credit terms.
* Participate and undertake applicable professional, technical and career development training (delivered internally and externally) as appropriate.
* Ensure that service levels to clients / insurance brokers is of high standard.
* Resolve any outstanding underwriting related tasks/matters in a timely and efficient matter to enable supporting functions, including claims, finance and compliance, to fulfil their responsibilities with the minimum of problems.
* Ensure all dealings are carried out with integrity and professionalism.
* Act in utmost good faith, in accordance with Company and/or Group policies and never risk the Company’s or Group’s reputation.
* Develop strong relationships with brokers.
* Deal with incoming enquiries from clients, insurers and third parties.
* Manage assigned projects and contribute to other projects as required.

Skills and abilities

needed to perform role
* Ability to work quickly, efficiently and methodically.
* Strong networking and communication skills
* All round awareness of those aspects of the insurance industry that have a direct bearing on key responsibilities and accountabilities.
* Efficient and highly organised.
* Pro-active and strategic approach to work.
* Attention to detail.
* Ability to work under pressure to tight deadlines.
* Ability to adapt to a rapidly changing business environment.

Knowledge and Experience
* A broad range of experience in the insurance industry, including one or more of the following:
* policy work and preparation;
* basic accounts;
* claims;
* insurance broking; and
* direct client liaison.
* Sound product awareness with experience of underwriting of specific class(es) to which the job holder is responsible for.

Compliance & Regulatory Responsibilities
* To remain compliant with FCA requirements at all times.
* To obtain appropriate approvals to ensure compliance with company policy, procedures and regulatory requirements/rules, with regards to data protection, money laundering etc.
* To share ideas, best practice and other information within the team.
* Evidence that in all aspects of the business process, priority is…