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Underwriting Assistant – Specie account

🏢 MS Amlin 📍 London, England 💼 Company - Private
Currency:
£30,000 - £33,534
£2,500 - £2,795 / mo
Verified Corporate Employer (Authorized Corporate Employer)

This vacancy is published by an accredited employer with authorized corporate payroll and standard compliance adherence.

Transatlantic Cost of Living & Purchasing Power Benchmark

Verified Analytics
Location Base
London, England
Tier-1 UK Economic Zone
Est. Take-Home Pay
68% - 74% (After PAYE & NI)
Single tax filer baseline
Transatlantic Parity
1.0 GBP ≈ $1.28 USD Living Standard
Direct corporate benchmark

Position Overview & Specifications

MS Amlin – Underwriting Assistant – Specie account
Permanent – Mon – Fri
London Based/ Hybrid
ASAP Start
Underwriting Assistant
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, 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 UW 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 Specie 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, law, economics, marketing, risk and language
  • Excellent communication skills and the ability to create and develop any existing relationships
  • 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
  • Exposure to brokers & clients

About Ms Amlin
MS Amlin is part of a global top-10 insurance group MS&AD, with three main legal entities operating in the Lloyd’s (MS Amlin Underwriting Limited), UK & Continental European (MS Amlin Insurance SE) and Swiss and Bermudian (MS Reinsurance) markets. We have an enviable reputation for our customer knowledge, claims service and the specialist insurance and reinsurance expertise we apply. We provide the type of security leading organisations need to break new ground, innovate and offer life-changing services and amenities to some of the world’s most challenging regions. Through our parent company, our record extends back over 300 years and today we have more than approximately 1800 people in 15 locations worldwide.
We are experts in underwriting, with both technical capability and deep knowledge of the areas we insure. Our claims service aims for equality, with efficient, fair and timely claims management. We’re going through an exciting period of modernisation and transformation for which we need entrepreneurial thinkers to help execute our strategic vision for growth. We’re on a dynamic path and we need your to help shape it.
MS Amlin is committed to taking a flexible approach to working to allow our employees more control over when and where they work, while still continuing to meet our client demands. This flexible approach continues into our benefit scheme, with a competitive package and attractive lifestyle fund.
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

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Candidate Selection & Onboarding Process

1

Application & Resume Screening

Submit your tailored CV/Resume directly to the talent acquisition portal.

2

Technical & Competency Interviews

Virtual interviews with the hiring manager and multidisciplinary team.

3

Formal Offer & Benefits Negotiation

Written agreement outlining compensation, equity, retirement vesting, and relocation allowances.

4

Onboarding & Corporate Integration

Equipment provisioning, team orientation, and commencement of duties.

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Hiring Organization
MS Amlin

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Location: London, England
Eligibility: Verified Employer Direct Placement
Schedule: Company - Private
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