Underwriting Assistant (Construction line of business)
Role Purpose
Whilst working as a member of the Operations Underwriting Support team to deliver accurate risk, record keeping, and reporting, this role will provide operational and administrative support to the Construction Underwriting based in Madrid, enabling them to efficiently manage the growing portfolio of Construction across EMEA.
This Underwriting assistant position will help ensure consistent service level, improve operational efficiency and allow underwriters to focus on underwriting activities while maintaining high-quality support as the business continues to expand.
The Construction Underwriting assistant will support end-to-end process across the EMEA portfolio.
Key Accountabilities:
- To summarize slip terms and conditions, calculate premiums and exposures, and ensure complete accurate entry of submissions, quotes, risks, endorsements,
new/renewal business and transactions to the Company so as to ensure correct management, statistical, and regulatory reporting.
- Perform as required the necessary data checks to ensure accuracy of underwriting data ensuring they are accurately entered within our systems.
- Store all risk information and correspondence onto the document repository to ensure a complete and accurate audit trail of all substantive business activity.
- Ensure that all relevant underwriting information is included for the peer review, risk entry, and data checking review process within the designated timeframe. Underwriting information submitted electronically to be indexed and updated as appropriate within specified timeframes.
- Maintain tools containing key underwriting information to facilitate compliance sanctions, fraud, and financial crime checks pre-bind and monitoring post-bind.
- Assist underwriters during the underwriting process, production of management information, business development, and marketing.
- Provide administrative support to underwriters and the Operations t
📌 Underwriting Assistant (Madrid)
🏢 AIG Insurance
📍 Madrid
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