Senior Underwriting Assistant

Howden is a collective – a group of talented and passionate people all around the world. Together, we have pushed the boundaries of insurance. We are united by a shared passion and no-limits mindset, and our strength lies in our ability to collaborate as a powerful international team comprised of 18,000 employees spanning over 100 countries.

People join Howden for many different reasons, but they stay for the same one: our culture. It’s what sets us apart, and the reason our employees have been turning down headhunters for years. Whatever your priorities – work / life balance, career progression, sustainability, volunteering – you’ll find like-minded people driving change at Howden.

Job Role
    Senior Underwriting Assistant

Department
     Rethink – 12month Fixed Term Contract Role  
Line Manager     Tanya Martin

Company 
    Rethink Underwriting Limited

Role Definition

Perform underwriting administration tasks to support the Underwriters  
  
Key Responsibilities / Accountabilities
 
•    Support the Underwriting team on a day to day basis, ensure high quality output.
•    Process endorsements and mid term adjustments to the Rethink document management system (DMS) and risk systems
•    Completion of exposure change spreadsheets to allow for data to be sent to the exposure modelling team 
•    Assist with running carrier reporting
•    Maintain electronic records, spreadsheets and client folders, within a timely manner. 
•    Produce reports on an ad hoc basis.
•    Assist in managing underwriters Administration i.e. filing of correspondence, slips, proposal forms, etc
•    General administrative duties including making sure files and client folders are kept up to date and accurate. 
•    Coordinating with the broker team in resolving day-to-day administrative and operational problems.
•    Scheduling and coordinating meetings, interviews, events and other similar activities.
•    Preparing business correspondence (often using word processing, spreadsheet, and presentation computer software).
•    Responsible for liaising with finance and underwriters to solve accounting queries in a quick and efficient manner.
•    Minimal errors in respect of data entry and policy issuance.
•    Ensure flash reports are up to date on a daily basis.

Skills and abilities needed to perform role

•    Ability to work quickly, efficiently and methodically.
•    All round awareness of those aspects of the insurance industry that have a direct bearing on key responsibilities and accountabilities.
•    A high level of numeracy and literacy.
•    Strong organisational and prioritisation skills.
•    Strong interpersonal and communication skills.
•    Competent IT skills, including but not limited to Microsoft Word, Excel (Intermediate) and PowerPoint.
•    Organised, with good planning/time management skills to achieve tight deadlines/targets. 
•    Methodical, accurate and strong attention to detail.
•    Proactive approach. 

Knowledge and Experience

•    Basic technical knowledge of the detail of FCA regulations as they pertain to insurance intermediaries.
•    Insurance background preferred but not required.

Compliance & Regulatory Responsibilities

•    To remain compliant with FCA requirements at all times.
•    To obtain appropriate approvals to ensure compliance with company policy, procedures and regulatory requirements/rules, with regards to data protection, money laundering etc.
•    To share ideas, best practice and other information within the team.
•    Ensure that own performance, HR and T&C records are up to date and meet the Company’s requirements.
•    Maintain accurate records and deal with correspondence appropriately.

Professional Qualifications – Desirable 
 
•    GCSE Maths and English (A*- B).
•    A-level, ideally in a numerate discipline.

A career that you define. At Howden, we value diversity – there is no one Howden type. Instead, we’re looking for individuals who share the same values as us:

• Our successes have all come from someone brave enough to try something new

• We support each other in the small everyday moments and the bigger challenges

• We are determined to make a positive difference at work and beyond

We're committed to providing reasonable accommodations at Howden to ensure that our positions align well with your needs.  Besides the usual adjustments such as software, IT, and office setups, we can also accommodate other changes such as flexible hours* or hybrid working*.

If you're excited by this role but have some doubts about whether it’s the right fit for you, send us your application – if your profile fits the role’s criteria, we will be in touch to assist in helping to get you set up with any reasonable adjustments you may require.

*Not all positions can accommodate changes to working hours or locations. Reach out to your Recruitment Partner if you want to know more.