Assistant Underwriter

Job Title: Assistant Underwriter

Location: London/Hybrid (Typically 2/3 days in the office)

Type: Full time– Permanent (If you are a job share partnership, work reduced hours, or any other way of working flexibly, please do still get in touch)

At Price Forbes, we provide much more than just a workplace. We are dedicated to fostering skill development and knowledge within a team that is passionate about their work, values their Employees, and truly celebrates diversity.

Working at Price Forbes means you’ll be part of The Ardonagh Group. We are proud of our innovative environment offering many opportunities for growth across the wider group. Employees regularly move between our united teams, and we encourage you to make your role your own.

Our offices are lively and exciting places to be, but we understand that life needs flexibility, and offer a genuinely flexible approach to working. If you are looking to join a thriving, energetic business with exciting plans, this role could be an ideal fit for you.

What We Can Offer

We offer much more than just an inclusive culture with apprenticeships, study support, participation in our annual Spotlight Awards, Community Trust, Sports Teams, office socials, events and so much more. All of this with a supportive management team as well as working alongside some of the industry’s top talent.

You’ll have access to wellbeing programs, fantastic discounts across many big-name businesses including supermarkets, gym memberships, restaurants, and healthcare cash plans etc.

Further Perks Of Working With Us (Fixed Benefits)

• Employer pension contribution of 10% (providing you, the Employee provides 5%).
• Good work life balance - flexibility to suit you.
• Competitive salary.
• Life Assurance at X4 of your base salary.
• Group Income Protection.
• Generous Annual Leave entitlement.
• Private Medical Insurance.
• Group annual bonus scheme.

Purpose Of The Role

To work within the equinox Lectio team and assist the underwriters and senior underwriters in providing service excellence to support our role as a Lloyds’ Coverholder and help deliver against their GWP Targets

Key Role Accountabilities

Review and understanding the main elements and rules of the underwriting parameters for in scoping the various lines of business.

As Guided By The Underwriters, Undertake The Following Activities

• Monitor receipt of submissions
• Provide quotes in accordance with in-scoping rules.
• Monitor and chase open quotes.
• Process firm orders and confirm coverage to the client.
• Ensure accurate and timely capture of data on internal systems.
• Apply Lectio stamps to MRC via placing platforms.
• Ensure timely filing of all correspondence.
• Sending slips for processing and, where required, aggregate teams for reporting to insurers.
• Where required, sending endorsements to processing, and aggregate teams for reporting to insurers.
• Assist with the final document download from PPL and Whitespace.
• Participate in regular team meetings to review our progress against targets.
• Build good working relationships with the various broking teams.
• Various ad-hoc tasks to support the end-to-end processes of the Lectio Team, as directed by the Underwriters

Qualifications & Experience

Minimum of 2 years within the London Insurance Market

Preferably experience within a Coverholder team

High level proficiency in MS Outlook, Word and Excel – PowerPoint experience can be beneficial also.

Strong, analytical, verbal and written communication skills are valuable.

Person Specification

The role would be split between home working and the London office. As such you should have the ability to be self-motivated/disciplined but also be a team player.

Accuracy and attention to detail is critical, and an interest in data and spotting inconsistencies would be an asset.

A willingness to be involved in more in-depth work during busy periods, with a view to learning the underwriting role and progressing to that role.

You should be comfortable working with all members of the team and contacting brokers to chase any outstanding items.

Think you don’t meet every requirement?

We are an equal opportunities Employer, dedicated to creating a diverse, inclusive, and authentic workplace where everyone can thrive, bring their whole self to work, and reach their full potential. If you’re excited about this role, but your experience doesn’t perfectly match what we are looking for, please apply anyway. You might just be the right fit for the job, or other opportunities we may have within the wider Group.

Interview Process

At Price Forbes, we have a straightforward interview process to ensure the best fit for both you and the company:

• Submit your application with your CV, emphasising your skills and experience related to the job.
• Our Talent Acquisition team will then arrange a call where they can tell you more about the role and the team. We want to learn about your motivation and goals, what you can bring to Price Forbes, and answer any immediate questions.
• If successful, you will generally be invited to engage in a 1-hour interview with the Hiring Manager and selected team members, via teams or in person. We will discuss our technologies, key skills, and team dynamics and provide further opportunity to ask any questions. This is your chance to voice your thoughts on the role and we will outline our expectations and ensure this role aligns with your ambitions for the future.
• Depending on the role, you may be invited to attend a second stage interview with further members of the team.

If successful or unsuccessful, we always try and move quickly in presenting an offer or providing feedback.

We truly value the diversity of our teams and as a Group, we are committed to supporting and welcoming individuals from all backgrounds, as we appreciate every perspective is a significant part of our success. Should you require any reasonable adjustment throughout the recruitment process, please do not hesitate to let a member of the Talent team know.

#PFI

If your application is successful, we will conduct relevant employment checks prior to you commencing employment with us. These will include verifying your recent employment, address, credit history, and a standard criminal record check.

Note To Recruiters And Employment Agencies

We will not pay for unsolicited CV's from recruiters and employment agencies unless we have a signed agreement and have requested assistance, in writing, for a specific vacancy.