Munich Re

Underwriting Assistant

Munich Re  •  United Kingdom of Great Britain and Northern Ireland (Onsite)  •  3 hours ago
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Job Description

Responsibilities:

  • Entering data into the in-house S2000 underwriting system, pricing tools and other administration systems as required.
  • Scanning and photocopying of documents, as required.
  • Management and saving of documents.
  • Support the clearing list and accumulation control process, as required.
  • Support the Contract Certainty (CC) process, including completing the CC checklist, when requested.
  • Managing/monitoring electronic placing documentation on platforms such as PPL and Whitespace.
  • Reviewing and managing exception reports on a weekly basis.
  • Reviewing and posting daily premium closing messages in S2000.
  • Assist in managing credit control and aged debt.
  • Maintaining renewal lists.
  • Ensure that company procedures and systems are followed and maintained, as per procedures and compliance manuals.
  • Attend relevant meetings within the company.
  • Taking minutes of meetings and any other administrative tasks, as and when required.
  • Providing support in respect of new projects or initiatives, as and when needed.
  • Any other ad-hoc tasks, as necessary.
  • Help drive forward good Conduct for the business to deliver the best outcomes for customers / policyholders.
  • Understand all appropriate lines of escalation and the responsibilities of the Product Conduct Risk Strategy Group (PCRSG), Underwriting & Claims Sub Committee (UCSC) , ExCo and Board for Conduct Risk.

Knowledge and Skills

  • (Prior knowledge is not essential but will place candidates at an advantage)
  • Basic (Level 1) knowledge and understanding of:
  • Underlying Principles of Insurance;
  • Legal Principles;
  • PRA /FCA and rules and regulations, including contract certainty issues;
  • Lloyd’s regulations;
  • Demonstrate clear understanding of all company specific procedures that relate to own role;
  • Demonstrate growing understanding of the roles of colleagues and their relationships to the structure and business plans of the firm;
  • Willingness to continue to develop knowledge of policies and related issues through formal and informal learning, both internally and externally to the firm
  • Be aware of the potential risks facing the business within own job role and the controls that are in place to mitigate them; and report all significant changes in these risks, or the effectiveness of controls, to your line manager in a timely manner.
  • Analytical, critical thinker with a problem solving attitude.
  • Proactive, energetic and curious.

If you are excited about this role but your experience does not align perfectly with everything outlined, or you don’t meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for!

Munich Re

About Munich Re

Munich Re is one of the world’s leading providers of reinsurance, primary insurance and insurance-related risk solutions. The group consists of the reinsurance and ERGO business segments, as well as the capital investment company MEAG. We are globally active and operate in all lines of the insurance business.

Since our founding in 1880, we’ve been known for our unrivaled risk-related expertise and sound financial position. We offer customers financial protection when faced with exceptional levels of damage – from the 1906 San Francisco earthquake to the 2017 Atlantic hurricane season. We possess outstanding innovative strength, which enables us to also provide coverage for extraordinary risks such as rocket launches, renewable energies, cyber attacks, or pandemics.

We’re also playing a key role in driving forward the digital transformation of the insurance industry, and in doing so have further expanded our ability to assess risks and the range of services that we offer. Our tailor-made solutions and close proximity to our customers make Munich Re one of the world’s most sought-after risk partners for businesses, institutions, and private individuals.

Working at Munich Re is more than a career. It’s an invitation to tackle some of the world’s most pressing challenges. Together with our team, consisting of specialists from more than 80+ fields of expertise, we turn risks into exciting opportunities that move humanity forward. https://www.munichre.com/en/career

Munich Re Careers: p0060018221@munichre.com

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Münchener Rückversicherungs-Gesellschaft

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Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Munich, DE
Year Founded
Unknown
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