Insurance Underwriter Associate
3 days ago
We are seeking a highly skilled Insurance Underwriter Associate to join our team at Howden Insurance Brokers Limited. As an Insurance Underwriter Associate, you will play a crucial role in managing day-to-day placement and servicing of property, casualty, motor, and operational liability accounts.
Key Responsibilities:
- Review client policies and prepare coverage comparisons, renewal strategies, insurance proposals, and verify accuracy of insurance documentation.
- Follow up with insurers on policy documents, notify insurer of any discrepancies, and amendments.
- Maintain business relationships with clients, understanding their insurance needs.
- Respond to incoming enquiries from clients, insurers, and third parties.
- Ensure quotations, memorandum of insurance, and billings are correct and complete.
- Follow up with clients on premiums collection and address premium warranty due date.
- Assist in renewal process, preparation of submission, and the gathering of information.
- Process slips, quotes, indications, and endorsements duties.
- Review client's claim status and assist in handling claims where necessary.
- Provide professional advice to clients on queries related to policy coverage, claims preparation, and operation, and other advisory roles.
- Coordinate site visit arrangement with relevant parties to assess the risk.
- Assist in preparation of accurate claims reports to maintain proper records and facilitate distribution.
- Responsible for any ad-hoc tasks assigned from time to time.
Compliance
- Ensure compliance with all applicable Company and/or Group policies and procedures.
- Maintain accurate records and deal with correspondence appropriately.
Representing the Company
- Any other reasonable duties as required.
Requirements
- Diploma or bachelor's degree in actuarial science, economics, business management, or related disciplines.
- Minimum 2-year of relevant working experience in a similar field.
- Possess relevant knowledge of the principles of General Insurance.
- Ability to work effectively within a team and independently on client management.
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