Underwriting Assistant

Underwriting Assistant - US Casualty

Type: Full time, permanent

Location: London (Hybrid - 4 days per week in the office)

Overview

Our Underwriting Assistants are at the heart of everything we do. Without them, our business wouldn’t function.

The Underwriting Assistant is an active member of the underwriting team, ensuring that day-to-day underwriting activities, including data management, are handled smoothly and within the required regulatory frameworks and parameters.

About the Job

What you’ll spend your time doing

• Assist underwriters at the box, including saving relevant documents to the filing system
• Set up references for new and renewal accounts
• Ensure all risks are actioned accordingly in S2000 and manage the deal flow tracker, recording all offers and our response (written and signed, NTU, declined)
• Perform accuracy checking and prepare notes before Underwriter sign-off
• Act as Team Data Steward
• Assist with late payment reports and EPI queries (Credit Controllers), and support data fitness reports (Compliance)
• Liaise with the Actuarial and modelling team regarding pricing
• Support the development of client and broker relationships by building understanding of clients and the market, and how we can meet their needs and/or drive their risk needs
• Manage all queries professionally and efficiently
• Actively seek out new opportunities to develop new and existing client relationships that meet MS Amlin’s strategic drivers
• Remain alert to developments affecting the business of the class and report as appropriate to Senior Underwriters or Underwriting Management
• Participate in monitoring premium payments and liaise with Brokers and CRT where necessary
• Participate in monitoring underwriting against the Business Plan, highlighting exceptions where identified
• Support exposure management, modelling, and actuarial activities, including RDS (Realistic Disaster Scenario)
• Support the resolution of standard risk review queries
• Support modelling of the US Casualty portfolio, including both open market risks and binding authorities

You’ll enjoy this job if you also…

• Have a high attention to detail and accuracy
• Are a strong problem solver

What you’ll need

For this role, there are some important qualifications and experience we need you to have, including:

• Demonstrated skills in numeracy, marketing risk and language
• Excellent communication skills
• Self-motivation and strong organisational skills

What you can expect from us

A competitive salary and benefits package is a given, but you can also expect:

• A great team and supportive colleagues
• An open mind, especially to new ideas and ways of working
• A strong focus on diversity, inclusion and equal opportunities
• A programme of wellbeing and mental health support
• Employer-supported volunteering (ESV)
• Flexible working
• Continuous learning
• Study support
• Structured career development

About MS Amlin

MS Amlin is part of a global top-10 insurance group, MS&AD. It comprises four distinct businesses covering global reinsurance, a Lloyds franchise, a local specialty insurer, and business services.

This role sits within its Reinsurance Franchise at Lloyd’s (MS AUL), which specialises in Mergers & Acquisitions and Property & Casualty across London, the Middle East, the Far East and continental Europe.

Conduct Rules

With the implementation of the SM&CR (Senior Managers & Certification Regime), the Financial Services and Markets Act gave the FCA new powers to write conduct rules and apply them to all employees within a firm. The Conduct Rules set basic standards of good personal conduct, and stipulate that you must:

• Act with integrity
• Act with due care, skill and diligence
• Be open and co-operative with the FCA, PRA and other regulators
• Pay due regard to the interests of customers and treat them fairly
• Observe proper standards of market conduct