Underwriting Technician

TT Club; London; On-site; GBP 30,000 - 45,000; Full time

Job summary

A global insurance company in London is seeking an Underwriting Technician to support underwriters with technical and administrative tasks. The role requires generating underwriting documentation, managing the renewal process, and engaging in team activities. Ideal candidates will possess strong IT and communication skills, alongside an analytical mindset. Competitive salary and full-time position are offered.

Qualifications

• Demonstrate understanding of cover wordings.
• Prioritisation and time management competencies.
• Awareness of current regulatory environment.

Responsibilities

• Generate underwriting documentation and process renewals.
• Liaise with brokers and maintain accurate data.
• Assist audits and mentor new staff.

Skills

Excellent IT skills

Excellent communication skills

Analytical mind-set

High level of accuracy

Flexible and adaptable

Time management competencies

Tools

Oceanwide certificate software

Microsoft Excel

Job description

Join to apply for the Underwriting Technician role at TT Club.

To support underwriters with technical and administrative back-up, in order that they may deliver a quick and accurate service. To be involved with team underwriting over time as led by the Senior Underwriter.

Overview

To support underwriters with technical and administrative back-up, enabling quick and accurate service. In time, to be involved with team underwriting under the direction of the Senior Underwriter.

Responsibilities

• Be responsible for generating all regular underwriting documentation, including preparation of on-line policies and cover confirmations and ensure all underwriting administration is performed quickly, accurately, and issued within Contract Certainty guidelines.
• Field broker enquiries liaising with the team underwriters.
• Maintain accurate data on all Underwriting Systems.
• Manage renewal process and detachment process.
• Manage file administration.
• Have an awareness of the regulatory framework in which the Club operates and the importance of following procedures and maintaining good records.
• Be able to navigate the Club’s website.
• Take responsibility for ensuring underwriting procedures are followed and check work once it has been completed and before it is sent to the Underwriter for sign off.
• Assist audits as required.
• Assist Member/broker service visits and social functions as required.
• Take responsibility for team issues such as lunch time and holiday cover, assist on the work front when there are absences, coordinate absence and generally assist with the efficient running of the team.
• Be available to train and mentor new staff, as required and agreed in advance.
• Have the ability to attain or existing knowledge of Underwriting Processes, with an understanding of Underwriting Guidelines and Reinsurance programme, and general awareness of the club, products offered, business structure and key objectives.
• Review MI data and exception reports to ensure underwriting administration is performed quickly and accurately.
• Ensure all underwriting systems are used properly and consistently.

Person Specification

• Demonstrate understanding of TT Club’s cover wordings, AT&C library and institute cargo clauses.
• Excellent IT skills – both bespoke systems and Microsoft products, with emphasis on Excel.
• Excellent communication skills with a customer service focus.
• Analytical mindset and critical thinking.
• High level of accuracy and attention to detail.
• Flexible and adaptable with the ability to work under pressure.
• A team worker but also able to work on own initiative.
• Prioritisation and time management competencies.
• Awareness of current regulatory environment/compliance issues.
• Experience with Oceanwide certificate software.

Seniority level

• Associate

Employment type

• Full-time

Job function

• General Business

Industries

• Insurance

London, England, United Kingdom