Underwriting Associate
| Posting date: | 17 April 2024 |
|---|---|
| Salary: | Not specified |
| Additional salary information: | Competitive + Benefits |
| Hours: | Full time |
| Closing date: | 17 May 2024 |
| Location: | City of London, London |
| Remote working: | Hybrid - work remotely up to 2 days per week |
| Company: | AWD online |
| Job type: | Permanent |
| Job reference: | AWDO-P12117 |
Summary
Underwriting Associate
Lloyd’s is the world’s leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market’s brightest minds, working together for a braver world.
Our role is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks.
Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that’s more sustainable, resilient and inclusive, you’ll find a home at Lloyd’s – build a braver future with us.
Exciting opportunity working in the Lloyds Insurance Company (UK Branch) primarily providing support and assisting with the oversight of underwriting activities of the 300 seconded underwriters from across the market underwriting European risks across all classes of business via this platform.
As part of the Underwriting Oversight team you will have full visibility on the pre-bind and post-bind activities of the underwriters who are seconded to the LIC UK Branch and also on the syndicate activities alongside that. You will forge relationships and engage with the underwriters, to log and track information to help ensure control measures are being met.
Highly organised, with strong communication and data collation skills you will enjoy supporting senior stakeholders as part of a collaborative market engaging team. Around 80% of the role is supporting this unique European underwriting facility and the other 20% will be supporting market development activities, co-ordinating market events, drafting and circulating information to market participants and learning to seek and support strategic development opportunities.
Major Responsibilities and Accountabilities:
UNDERWRITING
Contributing towards smooth running of:
• Underwriting authority and other control documentation issuance
• Assisting with queries relating to on and offboarding of seconded underwriters
• Assisting with the triage/management of live underwriting issues & queries
• Logistical assistance around compliant trading solutions across the European market
• Manage logistics of underwriting file reviews and audits, including the performance of baseline underwriting checks if and when required
• Support secondee-facing engagement activities (communications, townhall meetings etc)
• Support underwriting incident management
• Assist with data preparation and administration for internal control meetings around the underwriting activity, including minute-taking and tracking actions
MARKET DEVELOPMENT
Supporting the Senior Market Development Manager with:
• Quarterly Townhall logistics & support
• Support for market development initiatives and engaging with the European network as appropriate
• Assist with administration around market engagement/discussions with underwriters regarding underwriting appetite and strategic development, including tracking and following up on actions
Can you build and maintain professional and productive relationships internally and externally with key decision-makers?
Do you have experience working within underwriting, claims, operations or governance in the insurance or reinsurance market and have good analytical capabilities (Excel / Qlik Sense or similar)?
Are you looking for a new and unique challenge with exposure to the end-to-end underwriting process and the opportunity to learn?
If you can answer YES to all 3, then this could be the role for you! Make that application today and see where it leads your career!
#LI-MARKETS #LI-HYBRID
Diversity and inclusion are a focus for us – Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments, we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development.
We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes.
By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.
NO AGENCIES PLEASE
JOB REF: AWDO-P12117
This job is being advertised by AWD online on behalf of Lloyd’s
Underwriting Associate Jobs | Underwriter | Underwriting Assistant | Underwriting Support | Underwriting Technician | Insurance Claims | Excel | Qlik | Insurance | Reinsurance | Lloyd’s
Lloyd’s is the world’s leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market’s brightest minds, working together for a braver world.
Our role is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks.
Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that’s more sustainable, resilient and inclusive, you’ll find a home at Lloyd’s – build a braver future with us.
Exciting opportunity working in the Lloyds Insurance Company (UK Branch) primarily providing support and assisting with the oversight of underwriting activities of the 300 seconded underwriters from across the market underwriting European risks across all classes of business via this platform.
As part of the Underwriting Oversight team you will have full visibility on the pre-bind and post-bind activities of the underwriters who are seconded to the LIC UK Branch and also on the syndicate activities alongside that. You will forge relationships and engage with the underwriters, to log and track information to help ensure control measures are being met.
Highly organised, with strong communication and data collation skills you will enjoy supporting senior stakeholders as part of a collaborative market engaging team. Around 80% of the role is supporting this unique European underwriting facility and the other 20% will be supporting market development activities, co-ordinating market events, drafting and circulating information to market participants and learning to seek and support strategic development opportunities.
Major Responsibilities and Accountabilities:
UNDERWRITING
Contributing towards smooth running of:
• Underwriting authority and other control documentation issuance
• Assisting with queries relating to on and offboarding of seconded underwriters
• Assisting with the triage/management of live underwriting issues & queries
• Logistical assistance around compliant trading solutions across the European market
• Manage logistics of underwriting file reviews and audits, including the performance of baseline underwriting checks if and when required
• Support secondee-facing engagement activities (communications, townhall meetings etc)
• Support underwriting incident management
• Assist with data preparation and administration for internal control meetings around the underwriting activity, including minute-taking and tracking actions
MARKET DEVELOPMENT
Supporting the Senior Market Development Manager with:
• Quarterly Townhall logistics & support
• Support for market development initiatives and engaging with the European network as appropriate
• Assist with administration around market engagement/discussions with underwriters regarding underwriting appetite and strategic development, including tracking and following up on actions
Can you build and maintain professional and productive relationships internally and externally with key decision-makers?
Do you have experience working within underwriting, claims, operations or governance in the insurance or reinsurance market and have good analytical capabilities (Excel / Qlik Sense or similar)?
Are you looking for a new and unique challenge with exposure to the end-to-end underwriting process and the opportunity to learn?
If you can answer YES to all 3, then this could be the role for you! Make that application today and see where it leads your career!
#LI-MARKETS #LI-HYBRID
Diversity and inclusion are a focus for us – Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments, we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development.
We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes.
By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.
NO AGENCIES PLEASE
JOB REF: AWDO-P12117
This job is being advertised by AWD online on behalf of Lloyd’s
Underwriting Associate Jobs | Underwriter | Underwriting Assistant | Underwriting Support | Underwriting Technician | Insurance Claims | Excel | Qlik | Insurance | Reinsurance | Lloyd’s