Underwriting Assistant

Job Vacancy
Mar. 2022

Introduction

Bell & Clements Limited is a Lloyd’s Broker authorised and regulated by the Financial Conduct Authority. Formed over 35 years ago, we became approved by Lloyd’s in 1987 and then became part of the Munich Re Group in 2007.  We offer insurance and reinsurance intermediaries throughout the world access to Lloyd’s of London and to London, European and Bermudian companies.

We specialize in providing US Managing General Agents (“MGAs”) with a comprehensive service for surplus lines business. We are acknowledged market leaders in arranging binding authorities for US MGAs and in managing the relationship between the MGA and Insurers.

We also provide, through our Bell & Clements Underwriting Managers division, a capability to quote and bind a wide variety of risks under our own in-house binding authorities.

Direct Underwriting Transportation Department

Based in London, the Direct Underwriting Transportation Department currently has a team of 15 employees.  

The Role – Underwriting Assistant

Overview

Your role will be to assist the Transportation Team with all administrative tasks in relation to the underwriting of all Transportation risks. To include the underwriting of MTA’s

Responsibilities

  • To undertake all administrative duties in relation to the underwriting of new and renewal business on Global and Policyfly
  • To engage with other team members and train them to undertake all administrative duties in relation to new and renewal business
  • To QC and authorise the work of other team members (within authority levels)
  • Underwriting of Mid Term Adjustment related items, within authority levels (see Appendix I attached).
  • To engage with other members of Bell & Clements and train them to undertake all administrative duties in relation to Mid Term Adjustments
  • Review post related queries – referring to underwriters where necessary, ensuring prompt turnaround of all enquiries
  • Assisting the Supervisor in monitoring the agreed service levels for Binders and Post, allocating work to team members and Operations as necessary
  • Assisting with the production of reports for management
  • Engage with other departments as necessary.
  • Contribute to team group meetings as and when required.
  • Awareness of FCA rules pertinent to the role.
  • To embrace and actively implement the core principles of Continuous Conversations (Commitments, Feedback and Development) as part of daily activities and with other colleagues.
  • Take ownership of and make personal and professional development a priority as part of Continuous

Conversations.

  • In line with Continuous Conversations, establish and achieve development aspirations and needs through the setting of commitments and giving and receiving frequent, constructive feedback (referring to resources provided for support).
  • To abide by the policies and procedures of Bell & Clements Ltd.

Skills and experience

  • 2–3 years’ experience in an underwriting support role
  • Processing / Underwriting Endorsements and Mid Term Adjustments
  • Previous experience of Certificate / Wordings
  • US Transportation – Desirable
  • Accuracy, attention to detail and analytical skills essential
  • Strong interpersonal, team working and communication skills, both written and verbal
  • Negotiation skills and the ability to influence others
  • The ability to absorb technical information
  • Confident decision-making skills
  • Numeracy and statistical skills
  • Problem-solving skills and a logical approach to work
  • Self-motivation
  • The ability to work to tight deadlines

Terms and Conditions

  • This position is offered on a permanent basis.
  • Annual salary will be dependent on the skills and experience of the successful candidate.
  • Benefits as per Bell & Clements standard employee offering (upon successful completion of any probationary period)

Equal Opportunities

Bell and Clements is an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates regardless of sex, race, disability, age, sexual orientation, transgender status, religion or belief, marital status, or pregnancy and maternity

Category: Job Vacancy
Tags: London | Transportation