UK jobs. Bigger possibilities.

Assistant Underwriter, EMEA MGA

On-site in London·Added 3 months ago (last checked 8 Oct)

SCOR

26 open roles

Overview

Skills

Requirements

Required Education 

Essential

  • Educated to A Level, or equivalent qualifications

Desirable

  • Relevant university degree, or equivalence 

Required experience & competencies

  • Highly proficient in the use of Excel 
  • Experience within the MGA insurance market is desirable, particularly across one or multiple of Operations, Analytics, Actuarial or Underwriting.

The role

This role requires a strong attention to detail, effective communication and organisational skills, and, critically, robust data‑analysis capability.

New Business Support

  • Assist Underwriters with the researching new business opportunities and collating relevant information.
  • Assisting in the collation and sending of binding authority documentation to Delegated Underwriting Authority team for due diligence and offering assistance to the Operations team where required.
  • Assist in the gathering and sending of risk and location information to the Exposure Management team for modelling.

Bordereaux Review & Processing Oversight

  • Responsibility for completing timely and accurate review of bordereaux submissions, monitoring processing and compliance with contractual requirements.
  • Liaising with the Operations team to ensure timely and accurate data flow.

Booking & Payment Oversight

  • Liaising with Underwriters to ensure accurate and timely capture of estimated income, declarations and bordereaux on binders.
  • Provide support with premium and claims booking processes, ensuring accuracy and timely payment execution.

Underwriting Audit Management

  • Assist Underwriters in the execution of audit activities in collaboration with the Operations team, including preparation of audit documentation and support during underwriting audits.
  • Assist in the compilation and maintenance of audit files to support underwriting audits and compliance requirements.

Quarterly Reporting Validation

  • Support the validation of the data for quarterly reports in partnership with Pricing and Operations teams to ensure accuracy and completeness.
  • Work with Underwriters to ensure all quarterly PSOs have been completed and distributed within a timely manner and ensure actions are followed up on and completed.

Client Meeting Coordination

  • Support in the organising & attending quarterly client meetings, complete and distribute meeting minutes, and manage follow-up actions.

Dashboard Development & Refinement

  • Collaborate with Pricing and Operations teams to develop and enhance internal dashboards, incorporating feedback from Underwriting.

Planning

  • Support the EMEA MGA team in gathering data for the annual planning process.

Required Education

Essential

  • Educated to A Level, or equivalent qualifications

Desirable

  • Relevant university degree, or equivalence

Required experience & competencies

  • Highly proficient in the use of Excel
  • Experience within the MGA insurance market is desirable, particularly across one or multiple of Operations, Analytics, Actuarial or Underwriting.

London
London
See all 26 jobs