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Underwriting Assistant, Delegated Property

Westfield Insurance
£25,837 - £32,715 a year
City of London, England
Full time
3 weeks ago
Key Accountabilities & Role Requirements
  • To liaise with operational functions on the processing of Property binding authorities
  • To assist underwriters in the completion of modelling submissions, pricing tools and account documentation
  • Prepare accounts for compliance workflow and liaise with Due Diligence team on queries
  • To assist in exposure management and portfolio data analysis
  • To engage in underwriting training and development, both internally and externally, with the ultimate aim of attaining underwriting authority
  • Engage with brokers and clients, building market relationships
  • Prepare for and attend peer review meetings
  • Undertake analysis of bordereaux and SOVs

Skills & Competencies Required
  • Communication skills – ability to communicate clearly with internal stakeholders and external clients and brokers at all levels, both verbally and in writing
  • Administrative skills – highly organised and able to prioritise tasks effectively. Applicants should have excellent attention to detail and an ability to meet deadlines
  • Presentation skills – ability to present to internal and external stakeholders
  • Analytical skills – numerically literate and able to analyse data
  • Compliance – ability to ensure compliance with all management and regulatory controls
As part of the applicant’s progression to attaining underwriting authority, the additional competencies expected include:
  • Judgement / Decision-making skills – ability to approach problems logically and rationally and evaluate quantitative and qualitative data to make measured risk decisions
  • Relationship building – ability and confidence to establish and maintain excellent relationships with external stakeholders (such as brokers, clients, and reinsurers) in a client-facing role

Qualifications & Experience
ACII qualifications or willing to work towards
Educated to Degree standard

Westfield Specialty International Culture

Our culture is centred around three core values: Excellence, focused on high performance, agility and embracing change; Ambition, where inquisitiveness, challenge and a bold approach is encouraged; and Collaboration, delivering shared goals through collective expertise, diversity of thought and transparency. All three are underpinned by Reward & Recognition, where people are supported & respected, and success is celebrated. #wspi

This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management.



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