Underwriting Operations Assistant FTC

About us
HDI is a Corporate & Specialty Insurer part of the Talanx Group. With over 120 years of experience, HDI operates across five continents, around 40 countries and employs over 5,000 people worldwide.

This position is a 15 month fixed term contract.
The role
To provide Operational services as part of the "Long Tail" hub. This operational hub works very closely with the Liability & Life Sciences, Motor, Cyber & Ireland Underwriters working within the London and Ireland Offices.
The Underwriting Operations Assistant will provide Operational services and provide Pre-Bind and Post-Bind support to our Underwriters.
Additionally, working with the Operations team to help refine the support that we are providing to our Underwriting teams and transforming the way we provide this to ensure high levels of efficiency and service.
This role would suit an individual that has worked within the Insurance industry, with experience or an interest in an Operational role.

Key accountabilities

Underwriting Administration

Transferral of underwriting information and correspondence into documentmanagement system where appropriate
Data entry of all policy types and endorsements using our underwriting data entry system - Geras - on behalf of the team
Data entry in to any relevant team systems
Ensuring a timely, efficient and appropriate workflow process is followed to from start to finish

Data Quality

Monitor and review the Policy data input to Geras, ensure compliance with dataquality protocols, via the Approval Gate.
Responsible for individual error rate and ensuring that this is in line with company standards & expectations

Managing Relationships

Support the Operations team by delivering a high quality service to the business
Develop and maintain a strong, long-term relationship with our underwriters along with their brokers by providing them with an excellent service


Risk and Controls

Ensure all risks comply with regulatory and compliance checks, which in turn are all performed within the underwriting guideline adhering to all Local and Group guidelines
Implement and maintain process controls to ensure the quality of the output of your area within the function. Ensure documentation of the processes and output is accurate, up-to-date and accessible

Process Improvement

Make suggestions for process improvements within your role
Enhance and improve the effectiveness of the service and systems used in the Operations team and if needed participate in special underwriting projects if required

Credit Control

Accounting Queries - Reconcile and investigate accounting queries from Technical operations team

Reporting

MI Reporting - Understand reporting environment and assist with team KPI/Regulatory reporting when requiredAnalysis of data and/or preparing reports for own & underwriters purpose


IT

Ensure full understanding of IT systems utilised within role
Attendance of UK Key User Group to understand any changes to systems and provide input regarding these

Skills & experience

Previous experience within an insurance role
Knowledge of London Market; key practices and principles within the underwriting sector are desirable but not essential
Intermediate MS Office skills - Outlook, Excel
A-level or equivalent or higher

Other
As an equal opportunities employer, we are committed to creating an inclusive environment for all employees, recognising that a diverse and inclusive workplace is a creative and prosperous one.
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