Underwriting Assistant, Fine Art and Specie

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London, Greater London, England, GBR
In-Office
Financial Services
The Role

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

We are looking for an Underwriting Assistant to join our Fine Art & Specie team here at Arch for a 12 month fixed-term period.

  • To provide administrative and technical support to the underwriting team as required.
  • Administrative and Technical support includes but is not limited to the maintenance of files and the processing, recording of business accounts accurately and in a timely manner on the Company’s IT and administrative systems in accordance with processing standards and procedures.
  • Assisting the team in day-to-day ad hoc tasks when required (risk research, broker meetings, country overview reports etc. and providing updates to underwriters).

Key Responsibilities

1.

Data Input

  • Enter submissions, rating models, quotes and bound policies onto the Arch underwriting systems
  • Conduct account clearance procedures with other parts of the company for risks or clash, as may be required – including catastrophe analysts, risk capture and data management teams
  • Review quality control output from Global Services. Liaising with both to ensure accounts are processed on a timely basis

2.

Account Administration

  • Assist the Underwriters with day to day underwriting operations
  • Assist in preparation of monthly & management reports
  • Undertake research activities, as directed by underwriters, for additional underwriting information from the Internet or other external sources
  • Maintenance of appropriate business activity logs to record submission activity or premium activity
  • Prepare Standard policy Documentation for underwriters’ sign off reports

Account Query resolution

  • Assist in the resolution of outstanding premium receivable issues, as may be directed
  • Liaise with brokers on any outstanding information requirements
  • Resolve weekly processing reports

General Administration

  • File preparation, photocopying, scanning, document management
  • Assisting underwriters at Lloyds Box
  • Have daily contact with back office support staff, e.g. binder management team, finance and compliance
  • Answering telephone calls, responding to emails

Role

Skills / Competencies

  • Strong time management skills
  • Very organised and systematic
  • Responsive
  • Basic knowledge of MS Word, MS Excel, Power point and Outlook
  • Ability to work independently using initiative and without guidance and as part of a team
  • Entry Standard of education : ‘A’ Level equivalent or above
  • Basic Knowledge of Insurance preferred but not essential
  • 12 months previous office experience advantageous

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

14101 Arch Europe Insurance Services Ltd

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The Company
HQ: White Plains, NY
285 Employees
Year Founded: 2001

What We Do

Arch Capital Group Ltd. (Arch Capital or ACGL), a Bermuda public limited liability company, writes insurance and reinsurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe and Australia, with a focus on specialty lines. Arch Capital Services LLC is owned by ACGL and provides corporate, legal and other support services to Arch Capital. ACGL provides insurance, reinsurance and mortgage insurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe, Australia and Hong Kong.

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