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

• Support the pre-underwriting process focusing on review of historical performance, policy wordings, and pricing adequacy based upon predefined underwriting rules and/or guidelines
• 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
• Monitor and report contract performance on a quarterly basis
• Assist with Account Receivable collections when required
• Accountable for completeness of contents of underwriting package prior to handover to Underwriter for risk analysis/risk selection process
• Accountable for accuracy and completeness of data entry
• Manage all administrative requirements for the Underwriting team
• Liaise with Underwriters to confirm policy issuance instructions for policies, endorsements, forms, notices, certificates, etc.
• Perform pre-analysis support for submissions, endorsements, and other incoming documents based upon predefined underwriting rules and/or guidelines
• Monitoring premium payments and liaising with credit control, ensuring premiums are received before premium due date
• Ensure ESG standards of the team. Working collaboratively with Underwriters and Head of Sustainability

Skills & experience

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