Title: Underwriting Assistant - US Casualty
Type: Full time, permanent
Location: London (Hybrid - 4 days per week in the office)
Overview:
Our Underwriting Assistants are at the heart of everything we do, without them our business wouldn’t function.
The Underwriting Assistant is an active member of the underwriting team, ensuring that the day to day underwriting activities, including data management are managed smoothly and within the required regulatory frames and parameters.
About The Job
What you’ll spend your time doing:
Here’s a snapshot of some of the key parts of the job:
- Assist underwriters at the box, including saving relevant documents to filing system
- Set up references for new & renewal accounts.
- Make sure all risks are actioned accordingly in S2000 and manage deal flow tracker file which records all offers and our response (written & signed, NTU, declined)
- Accuracy checking & write up notes before Underwriter sign-off.
- Act as Team Data Steward
- Assist late payment reports/ EPI queries (Credit Controllers) & data fitness reports (Compliance).
- Liaise with the Actuarial and modelling team regarding pricing.
- Ensure the effective development of client/ broker relationships – beginning to demonstrate a good understanding of the clients and the market in which they operate and how we can best meet their needs, or drive their risk needs.
- Manage all queries in a professional and efficient manner
- Actively seek out new opportunities to develop new and existing client relationships that will meet the strategic drivers of MS Amlin
- Remain alert to developments affecting the business of the class. Report on such matters, as appropriate, to the Senior Underwriters or Underwriting Management
- Participate in the monitoring of premium payments and liaise with Brokers and CRT where necessary
- Participate in the monitoring of underwriting against the Business Plan drawing attention to exceptions where identified.
- Assistance with exposure management, modelling and actuarial to capture work as well as RDS (Realistic Disaster Scenario)
- Assistance with resolving standard risk review queries
- Assisting with the modelling of the US Casualty portfolio, including both open market risks and binding authorities
You’re going to enjoy this job if you also…
- High attention to detail and accuracy
- Are a strong problem solver
What you’ll need:
For this particular role there are some important qualifications and experience we need you to have. These include:
- Demonstrate developed skills in numeracy, marketing risk and language
- Excellent communication skills
- Self-motivation & strong organisational skills
What you can expect from us:
A competitive salary and benefits package is a given, but you can also expect:
- A great team and supportive colleagues
- An open mind (especially to new ideas and ways of doing things)
- A strong focus on diversity, inclusion and equal opportunities
- A programme of wellbeing and mental health support
- Employer-supported volunteering (ESV)
- Flexible working
- Continuous learning
- Study support
- Structured career development
About Ms Amlin
MS Amlin is part of a global top-10 insurance group, MS&AD. We’re made up of four distinct businesses covering global reinsurance, Lloyds franchise, local specialty insurer, and business services.
This role sits within our Reinsurance Franchise at Lloyd’s (MS AUL) which specialises in Mergers & Acquisitions and Property & Casualty across London, the Middle East, the Far East and continental Europe.
Conduct Rules
With the implementation of the SM&CR (Senior Managers & Certification Regime), the Financial Services and Markets Act gave the FCA new powers to write conduct rules and apply them to all employees within a firm. The Conduct Rules set basic standards of good personal conduct. They stipulate that you must:
- Act with integrity
- Act with due care, skill and diligence
- Be open and co-operative with the FCA, PRA and other regulators
- Pay due regard to the interests of customers and treat them fairly
- Observe proper standards of market conduct
Skills Required
- Developed numeracy skills
- Marketing risk skills
- Strong language skills
- Excellent communication skills
- Self-motivation
- Strong organizational skills
- High attention to detail and accuracy
- Strong problem-solving skills
Millennium Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Millennium and has not been reviewed or approved by Millennium.
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Career-Linked Recognition & Rewards — Compensation is tightly linked to individual and team performance, enabling very high upside for strong performers in investment and specialized tech roles. The pod-based model concentrates rewards where results are delivered.
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Healthcare Strength — Medical, dental, vision, life, and disability coverage are presented as part of a comprehensive package that is competitive for the sector. Overall perks and health-related offerings are often characterized as strong.
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Retirement Support — Retirement programs include a 401(k) with matching and elements like profit sharing or defined-contribution pensions. These features signal meaningful long-term savings support alongside cash compensation.
Millennium Insights
What We Do
Millennium is a global alternative investment management firm, founded in 1989, which manages $54.9 billion in assets. We seek to pursue a diverse array of investment strategies across industry sectors, asset classes, and geographies. Our four primary strategies are RV Fundamental Equity, Equities Arbitrage, Fixed Income Strategies, and Quantitative Strategies. Millennium was founded on the belief that innovation and results come from empowering talented, independent-minded individuals. To us, success is the combination of drive and discipline. See our community guidelines at: mlp.com/guidelines
