Role: Underwriting Assistant – Professional Indemnity
Location: London (4 Days per week in the office)
Position type: Full time, permanent
The Underwriting Assistant is an active member of the underwriting team, supporting day-to-day underwriting activities, including risk information, rating risks, CAT modelling, and underwriting notes. These tasks must be managed smoothly and within the required regulatory parameters.
You will be part of a division that writes a global portfolio of risks of varying complexity and size.
The role provides a solid foundation and opportunity to develop a career in Underwriting.
What you’ll spend your time doing:
- Assist underwriters in the office and at Lloyd’s
- Set up references for new & renewal accounts
- Support ad-hoc projects on book-specific data when requested by underwriters
- Remain alert to developments affecting the business and escalate matters, as appropriate, to Senior Underwriters or Underwriting Management
- Ensure all risks are actioned accordingly in S2000 and update the risk tracker which records all offers and responses (written & signed, NTU, declined)
- Act as Team Data Steward, working closely with other areas of the business
- Assist with late payment reports/EPI queries (Credit Controllers) & data fitness reports (Compliance)
- Liaise with internal teams including actuarial and modelling regarding pricing
- Manage all queries professionally and efficiently
- Accuracy checking & write up notes as part of UW sign-off
- Participate in monitoring premium payments and liaise with Brokers and CRT where necessary
- Build relationships with brokers to assist in carrying out your role
You’re going to enjoy this job if you also…
- Have high attention to detail and accuracy
- Are a strong problem solver
What you’ll need:
- Some insurance-related work experience
- Developed skills in numeracy, MS Excel, and task management
- Excellent communication skills
- Self-motivation & strong organisational skills
What you can expect from us:
- A competitive salary and benefits package
- A great team and supportive colleagues
- An open mind (especially to new ideas and ways of doing things)
- A strong focus on diversity, inclusion, and equal opportunities
- 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. We’re made up of four distinct businesses covering global reinsurance, Lloyd’s franchise, local specialty insurer, and business services.
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. They 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
