Underwriting Assistant

The Underwriting Assistant role supports the underwriting process and policy lifecycle end-to-end. This includes, but is not limited to, supporting underwriters in the acquisition and retention of business, working directly with brokers to obtain information, fulfil servicing needs and resolve issues and liaising with other functions across Canopius to data, servicing and/or cash flow issues. This role is responsible for ensuring that business is processed correctly and timely.

The Underwriting Assistant role supports the underwriting process and policy lifecycle end-to-end. This includes, but is not limited to, supporting underwriters in the acquisition and retention of business, working directly with brokers to obtain information, fulfil servicing needs and resolve issues and liaising with other functions across Canopius to data, servicing and/or cash flow issues. This role is responsible for ensuring that business is processed correctly and timely.

The Underwriting Assistant role supports the underwriting process and policy lifecycle end-to-end. This includes, but is not limited to, supporting underwriters in the acquisition and retention of business, working directly with brokers to obtain information, fulfil servicing needs and resolve issues and liaising with other functions across Canopius to data, servicing and/or cash flow issues. This role is responsible for ensuring that business is processed correctly and timely.

• Submission clearance.
• Follow up on information needed from brokers.
• Initiate sanctions check if required and elevate to underwriter if there is a hit.
• Perform pre-analysis (triage) support based on predefined underwriting rules and/or guidelines. Evaluates new and renewal submissions against prescribed criteria to determine completeness; documents outstanding items and include them in communication to an underwriter for review.
• Prepare quote letter.
• Catastrophe modelling (if required).
• Prepare binder document.
• Process transaction in policy administration system.
• Obtain surplus lines producer licensing information for non-admitted business.
• Maintain accurate and updated electronic underwriting files for all accounts in accordance with internal service standards and procedures.
• Issue policies.
• Issue reinsurance certificates for local foreign policies (D&F Property only).

• Follow up for information needed from brokers, including but not limited to renewal applications.
• Obtain loss information.
• Perform pre-analysis (triage) support based on predefined underwriting rules and/or guidelines. Evaluates new and renewal submissions against prescribed criteria to determine completeness; documents outstanding items and include them in communication to an underwriter for review.
• Prepare quote letter.
• Catastrophe modelling (if required).
• Prepare binder document.
• Process transaction in policy administration system.
• Obtain surplus lines producer licensing information for non-admitted business.
• Maintain accurate and updated electronic underwriting files for all accounts in accordance with internal service standards and procedures.
• Issue policies.
• Issue reinsurance certificates for local foreign policies (D&F Property only).

• Generate invoice for all premium bearing transactions.
• Work with Premium Accounting to pursue collection for past due premiums.
• Work with Premium Accounting to resolve premium discrepancies.

• Issue endorsements for approved policy changes, including rating additional/return premiums where appropriate.
• Process cancellations (insured request or for nonpayment of premium).
• Process transaction in policy administration system.
• Follow up with broker to…