Lloyd's Underwriting Assistant 2.1 Graduate

Taylor James Resourcing ,
London, Greater London
Job Type: Full-time

Overview

An excellent opportunity for a 2.1 graduate with Insurance background (exp/intern/contract min essential), to work for a high profile Lloyds Underwriters in a role to assist Underwriters to hit or exceed the business plan underwriting profit target in respect of business class whilst working within the risk tolerance, pricing and governance framework. Ideally you will have 3 months experience in broking or underwriting, preferably (but not required) in the London market. Assist Underwriters to produce class of business underwriting plan in accordance with performance targets. Support Underwriters writing business within personal underwriting authority and in accordance with key business plan targets (i.e. business mix, line utilisation, aggregation, GWP, loss ratios, direct expenses) Regularly monitor and review progress against plan with Underwriters/other senior management and through market knowledge and reserving exercise. Propose changes to the plan as appropriate to maximise returns. Management of class underwriting data, including aggregates and bordereaux, ensuring accuracy of entry. Build and maintain good relationships with brokers, clients, regulators as appropriate and deliver high quality service as part of means to deliver profit.