Trainee Assistant Commercial Underwriter

Company:  Lancashire Insurance Group
Location: London
Closing Date: 02/11/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description
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 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 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 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 Proficient with Microsoft Office applications, particularly Excel and PowerPoint We engage with brokers, clients, communities, stakeholders and colleagues professionally and passionately as proud ambassadors of Lancashire.
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Lancashire Insurance Group
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