Job Description
Purpose
Is this the next step in your career Find out if you are the right candidate by reading through the complete overview below.
The primary purpose of the role is to assist in the underwriting and marketing of the Property Treaty business line for Lancashire Syndicate 2010.
Specific Responsibilities
- To accurately record and assess underwriting risk information as directed by the underwriters.
- Transferring risk information to pricing models
- Entering of risks on Open Box or other such underwriting systems as are in place
- Validation of risk information – SCM and USM validation
- Maintain accurate records of underwriting data, utilising various internal and external software systems
Reporting
- Help with statistical analysis of the portfolio and on a deal by deal basis
- Help with the production of regular and ad hoc business reports
- Prepare aggregate and pricing information for evaluation by underwriters
Underwriting
- Liaise with brokers, colleagues and external organisations to resolve day-to-day queries
- Agree standard or minor amendments to risks, within your individual parameters, referring more complex amendments that are outside your individual parameters to the more experienced underwriters
- Maintain contact with clients, attending meetings as appropriate
- Investigate queries produced by Underwriters, Operations, Finance and Legal and liaise with brokers as directed to resolve issues as necessary
- Build up knowledge of wording and technical understanding, market environments as well as risk analysis capabilities
- Assist with ad hoc projects and research work including portfolio analysis and internal / external presentations to stakeholders
Essential Skills & Requirements
- Good level of education and analytical skills
- Progression towards Cert CII / DIP CII or ACII is an advantage
- Proficient with Microsoft Office applications, particularly Excel and PowerPoint
- Excellent attention to detail, self-discipline and time management
- Good verbal and written communication skills
- Strong work ethic
- Self-starter with the ability to liaise with individuals at all levels
- Team player
- Ability to work flexibly to meet business needs including extended hours if required
The Lancashire Way
At Lancashire, we believe our culture sets us apart. The way we behave and approach our work day-to-day is what makes us unique and creates a positive experience for our people, business partners and other stakeholders. Honesty and integrity in all we do is a given and The Lancashire Way reflects our true character and spirit.
Straight-talking
We feel empowered to share thoughts and ideas, because everyone’s voice matters.
Collaborative
We work together towards common goals, share knowledge and support each other.
Hard-working
We all have a stake in the company’s success and are proactive in contributing to our goals and vision.
Responsible
We focus on achieving tangible results with consistent standards across the Group.
Positive
We engage with brokers, clients, communities, stakeholders and colleagues professionally and passionately as proud ambassadors of Lancashire.