Underwriting Assistant at SCOR
London, England, United Kingdom -
Full Time


Start Date

Immediate

Expiry Date

06 Sep, 25

Salary

0.0

Posted On

07 Jun, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Disabilities, Operations, Syndicate, Reporting, Credit Control, Operational Requirements, Presentations, Peer Reviews, Finance, Regulations, Actuaries, Collaboration, Audit Trail, Engineers, Referrals, Risk, Management System, Scor, User Acceptance Testing

Industry

Insurance

Description

As a prospective employee you should have a keen eye for detail, good communication, organisational and importantly data analytical skills. The ability to ensure that the underwriters have accurate and up to date information to assist them in performing their duties are key to this role as is the ability to work in a team environment.

REPORTING & OPERATIONAL REQUIREMENTS:

  • Provide accurate management information to the underwriting team and senior management
  • Produce regular and ad hoc reports, presentations and other team literature
  • Monitor credit control and aged debt ensuring the timely collection of premiums
  • Ensure all data verification checks are completed in a timely manner and errors escalated and

Resolved accordingly

  • Ensure all month end activities are completed within required timeframes to facilitate Syndicate and Lloyd’s reporting, including:
  • LPSOs allocated to policies and audit trail maintained
  • risks moved to status of Written
  • pricing information accurate and complete in policy administration system o differences in premium resolved in the policy administration systemchecks, referrals and peer reviews complete and evidenced in the document management system

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GENERAL REQUIREMENTS:

  • Identify and report problems within the policy administration system and assist with solution design
  • Assist with User Acceptance Testing of the policy administration system
  • Interact with all SMAL teams i.e. exposure management, underwriting management, claims, finance, operations and compliance on matters affecting or related to accounts within the team’s portfolio
  • Help maintain SMAL minimum standards by assisting other underwriting assistants in achieving their service/quality levels and targets as required
  • Participate in cross-team projects
  • Undertake any other reasonable duties as may be requested by SMAL staff
  • Comply with SMAL policies, procedures and regulations relevant to your role
  • Manage training needs through attendance of relevant training and exams as advised by your line manager and also market presentations where relevant to your role
  • Carry out additional responsibilities as defined through your objectivesUphold the principal of Treating Customers Fairly
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REQUIRED EXPERIENCE & COMPETENCIES

  • Solid experience within administration with good attention to detail
  • Background in accurate, high volume data entry
  • Highly proficient in the use of Excel Desirable
  • Prior insurance experience
  • Familiar with using UW systems, rating tools, reporting etc particularly Xuber would be an advantage
    As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk,” SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide.
    Working at SCOR means engaging with some of the best minds in the industry – actuaries, data scientists, underwriters, risk modelers, engineers, and many others – as we work together to find solutions to pressing challenges facing societies.
    As an international company, our common culture is defined by “The SCOR Way.” Serving both to build momentum that drives the Group forward and as a compass to guide our actions and choices, The SCOR Way is anchored by five core values, reflecting the input of employees at all levels of the Group. We care about clients, people, and societies. We perform with integrity. We act with courage. We encourage open minds. And we thrive through collaboration.
    SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities
Responsibilities

Please refer the Job description for details

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