Underwriting Operations Assistant

Posted 12 Days Ago
Be an Early Applicant
London, Greater London, England, GBR
In-Office
Entry level
Insurance
The Role
Supports underwriting operations through mailbox monitoring, KPI and CRM tracking, workflow data entry, policy record maintenance, exception handling, reporting, debt analysis, business partner coordination, and UAT support. The role also assists underwriting teams, maintains procedure manuals, prepares meeting materials, and addresses operational queries while ensuring data accuracy, timely processing, and adherence to service-level expectations.
Summary Generated by Built In

This role works within the Operations Business Partnering team, which is responsible for ensuring that Chaucer captures, processes, reports and controls business data correctly and efficiently. The Team also has responsibility for managing third party business partners involved in these data management processes.

This is an entry-level operations position that would suit someone interested in building an operations career in UK financial services.

Job Description

  • Daily monitoring of dedicated mailbox ensuring all queries are answered within SLA
  • KPI/CRM monitoring
  • Completion of daybook entries and Wizards where necessary
  • Attaching slips in main workflow system and data enrichment
  • Checking Charisma entries, investigating anomalies and reporting on quality
  • Co-ordinating exception reports and addressing issues using RCA
  • Close liaison with Business Partners and Velonetic technicians
  • General maintenance of policy history, which involves organisation and filing
  • Completion of pricing models
  • Preparing and distributing weekly reports to other departments
  • Assist in the maintenance, review and updates to Business Partner procedure manuals
  • Preparation of materials and attendance meetings as required by the Business Partner
  • Answering queries from Chaucer’s outsourcing team
  • Supporting Underwriting teams in daily tasks
  • Debt analysis
  • Liaison with other departments such as Reinsurance, Exposure Management & Compliance
  • Support UAT as required
  • Support ad hoc requests from the Head of Operations Business Partnering & Group Head of Operations

Regulatory Responsibilities

  • Not Applicable

Skills and Competencies

  • Word & Excel - intermediate
  • Flexible at all times
  • Very good interpersonal skills
  • Excellent organisational skills
  • Work as part of a team
  • Self-motivated
  • Capable of working to a timetable when required
  • Attention to detail and proper regard for accuracy
  • Relevant general office administration experience (Desirable)

Education

Essential

  • GCSE (or equivalent) Maths and English.
  • Further education qualifications (e.g. A-Levels, BTEC, NVQ, apprenticeship or equivalent qualification/experience).

Desirable

  • Degree or equivalent qualification or experience.

ABOUT US

Chaucer is a leading insurance group at Lloyd’s, the world’s specialist insurance market. We help protect industries around the world from the risks they face. Our customers include major airlines, energy companies, shipping groups, global manufacturers and property groups.

Our headquarters are in London, and we have international offices in Bermuda, Copenhagen, Dubai and Singapore to be closer to our clients across the world. To learn more about us please visit our website.

Chaucer is committed to diversity, actively values difference and respects people regardless of the protected characteristics which are outlined in the Equality Act 2010 (UK legislation) as a result of the Equal Treatment Directive 2006 (EU legislation). 
A diverse workforce and an inclusive workplace are core to our success as a business and integral to our winning strategy and culture. We recruit from the widest available pool of talent, and our hiring, assessment and selection process is fair, free from bias and one which ensures we select the right person for the job, based on merit. We are committed to promoting a culture that actively values difference, and recognises that everyone has the right to be treated with dignity and respect throughout their employment.
We are open to considering flexible working arrangements for all roles and encourage you to outline your needs during the interview process.

Skills Required

  • GCSE or equivalent qualifications in Maths and English
  • Further education qualification, such as A-Levels, BTEC, NVQ, apprenticeship, or equivalent qualification or experience
  • Intermediate Microsoft Word and Microsoft Excel skills
  • Very good interpersonal skills
  • Excellent organisational skills
  • Ability to work as part of a team
  • Self-motivated
  • Ability to work to a timetable when required
  • Strong attention to detail and regard for accuracy
  • Relevant general office administration experience
  • Degree or equivalent qualification or experience
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The Company
HQ: London
652 Employees
Year Founded: 1922

What We Do

Chaucer are a leading specialty (re)insurance group working with brokers, coverholders and clients to protect and support business activities around the world. Our services are accessed both through Lloyd’s of London and the company markets. We are defined by an enterprising, bespoke approach to (re)insurance, enabled by the individual character, experience and imagination of our expert teams. Chaucer is a member of the China Re Group and backed by their financial and operational resources. China Re is one of the world’s largest reinsurance companies whose outstanding and comprehensive strength is rated A (excellent) by AM Best and A (strong) by S&P Global Rating.

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