Underwriting Support Technician at Apollo
London, England, United Kingdom -
Full Time


Start Date

Immediate

Expiry Date

05 Jun, 25

Salary

0.0

Posted On

05 Mar, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Good communication skills

Industry

Insurance

Description

WHO WE ARE:

Apollo is a specialised independent (re)insurer, established in 2009, to deliver top-tier products and services to clients, brokers, and capital partners at Lloyd’s. The name “Apollo” was inspired by the achievements of one of its founding investors, Neil Armstrong, the first person to walk on the moon in 1969. Together with Jim Hays, Neil identified an opportunity to create a unique service provider within Lloyd’s.
Since its inception, Apollo has significantly broadened its portfolio of insurance solutions. This includes Apollo 1969’s traditional and specialty lines, ibott 1971’s innovative sharing economy products, and managing agency services at Lloyd’s through our Strategic Partner Syndicates. Today, Apollo continues to grow with team of over 270 professionals dedicated to fulfilling the company’s mission of enabling a resilient and sustainable world.

Responsibilities

YOUR ROLE:

As an Underwriting Support Technician, you will be pivotal in providing support to several Apollo Underwriting teams.
This role provides an opportunity to have an immediate impact providing operational excellence and resilience to underwriting teams while ensuring data is accurate, complete and on time.

WHAT YOU’LL DO:

In this role you will be responsible for supporting underwriting teams by taking ownership of all administrative and operational tasks, reporting, regulatory returns with an eye on process improvement.
Role responsibilities include:

Underwriting Support

  • Attending/minuting meetings and supporting Underwriters at the Lloyd’s Box
  • Address and resolve operational issues, obtain underwriting information, and track premium payment.
  • Creating and issuing insurance documents including Certificates of Insurance, No Claims Bonus letters, and Notice of Cancellation
  • Continue to identify areas for improvement, designing, testing and documenting solutions and participating in cross department projects.
  • Investigating and responding to policy queries

Underwriting Administration - both Pre-bind and Post-bind

  • Sending Slips, endorsements and supporting information to outsource partner for timely and efficient recording.
  • Managing the pipeline of new and renewal business and team mailboxes
  • Undertaking Pre-Bind Quality Assurance including contract certainty check
  • Recording pricing metrics, checking data quality, and addressing exceptions
  • Undertaking credit control activities to verify overdue premium, liaise with brokers and DXC for payment and manage Aged Debt

Regulatory, Compliance & Reporting

  • Ensuring data is accurate, complete and on time for internal and external reporting deadlines including regulatory returns.
  • Producing bordereaux and overseeing transformation of data through the insurance and reinsurance cycle
  • Compiling data and file samples for reviewers/auditors and delivering recommendations.
  • Checking Sanctions and broker Terms of Business Agreement (’TOBA’)
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