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Avencia Logo

Underwriting Assistant UK Delegated Authority

Id Job: 316a314

🏠 On-site
💼 Avencia
📍 London, England
1 day ago
💰 28000 – 33000 GBP ANNUAL

Job Description

The Role


Underwriting Assistant

London

£ Competitive + Bonus & Benefits

Are you looking for an opportunity to take the next step in your career in insurance?

We are have an excellent opportunity for an Underwriting Assistant to join a high performing team at HDI Global Specialty, a London Market Specialty Insurance and Reinsurance provider based in their London office at 20 Gracechurch Street with the role offering a hybrid working pattern. We are looking for a bright, hard working individual with office experience and good literacy and numerical skills to join this team who work with select high net worth UK based clients.

If your looking to make the next step in your career into insurance, this is the role for you!


What you will be doing:

  • Supporting the UK Delegated Authority Team in administering the UK DA portfolio.
  • Assisting the UK DA Team in improving underwriting analysis and performance across the portfolio

Key accountabilities

1. Underwriting Administration

  • Underwriting administrative tasks including document management (new business and existing), referral logging, new business tracking, and meeting minutes
  • Technical and processing support to Underwriters including assistance with financial reporting, underwriting template completion, audit finding implementation, and run-off administration
  • Liaise with Technical Accounting on reporting and responding to emerging issues

2. Managing Relationships

  • Liaising with agents and brokers on behalf of Underwriters
  • Provide professional and courteous service and support to agents, brokers, colleagues, HDI Global Specialty branch networks and clients
  • Provide technical / information support to other departments

3. Claims

  • Maintain regular dialogue with the Claims team to ensure early identification of issues and significant developments

4. Project Management

  • Support Underwriters with Team projects as required

5. Reporting

  • Monitor KPI’s and data packs provided by clients on a monthly basis
  • Analysis of regular reporting, data quality monitoring, preparation of account summaries, and MI tracking
  • Review and consolidation of agent bordereaux


Skills & experience


A-level or equivalent or higher

A good of understanding of insurance and underlying principles desirable

Interest in working in underwriting and insurance

Previous insurance experience desirable

Office experience desirable


About HDI and What next


Avencia Consulting are an RPO who provide a recruitment service to our client HDI Global Specialty.

HDI Global Specialty SE is a wholly-owned subsidiary of HDI Global SE and is part of the Talanx Group. HDI Global Specialty SE offers specialty insurance solutions to industrial clients, and products through delegated authorities and other sectors. HDI Global Specialty has been operational since 1980 (through various guises). The UK branch focuses its efforts on underwriting activities for the two main business streams; Delegated Authority and Single Risk business. The specialty lines of business include errors & omissions liability insurance, directors' and officers' liability insurance (D&O), legal expenses insurance, sports and entertainment, aviation, offshore energy and animal insurance.

We want to be the best insurer in the specialty classes, recognised for our expertise, ability to provide solutions and service excellence to our clients and business partners, whilst being a place where talented people want to work.

Choose 'Apply now' to fill out our short application, so that we can find out more about you.


Job Reference: HDI00144


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