Construction Underwriting Assistant

About us

Avencia Consulting are recruiting for a Construction Underwriting Assistant to join a highly reputable Insurer on a permanent basis.

The role

The primary purpose of the role is to provide underwriting and administrative support to the Construction Underwriting team within the wider D&F property team.

Key accountabilities

1. Support the pre-underwriting process focusing on review of historical performance, policy wordings, and pricing adequacy based upon predefined underwriting rules and/or guidelines.
2. Liaise with the placing broker throughout the underwriting cycle and policy period to ensure receipt of all necessary documents and manage any credit control issues.
3. Monitor and report contract performance on a quarterly basis.
4. Assist with Account Receivable collections when required.
5. Accountable for completeness of contents of underwriting package prior to handover to Underwriter for risk analysis/risk selection process.
6. Accountable for accuracy and completeness of data entry.
7. Manage all administrative requirements for the Underwriting team.
8. Liaise with Underwriters to confirm policy issuance instructions for policies, endorsements, forms, notices, certificates, etc.
9. Perform pre-analysis support for submissions, endorsements, and other incoming documents based upon predefined underwriting rules and/or guidelines.
10. Monitor premium payments and liaise with credit control, ensuring premiums are received before premium due date.
11. Ensure ESG standards of the team. Working collaboratively with Underwriters and Head of Sustainability.

Skills & experience

1. University degree or an equivalent insurance related qualification (i.e. ACII, CPCU).
2. Strong negotiation skills and proven ability to effectively communicate financial data and information.
3. Excellent organisational and analytical skills with an ability to prioritise and effectively manage workload while maintaining a high level of accuracy, professionalism and confidentiality.
4. High proficiency in the Microsoft Office Suite of applications, as well as extensive computer experience with spreadsheets and database processing programs.
5. Team player with the ability to work flexibly to meet business needs.