Our client is offering an Internship period for the above position which may potentially lead to a permanent job offer from our client for the right applicant. The purpose of this role is to deliver an excellent and cost-effective service to Underwriting Services International Insurance Team Heads and other relevant stakeholders in the following areas:

• • Risk and exposure recording
  • Insurance premium accounting
  • Underwriting Management Information in support of Team meetings and Quarterly Performance Reviews
  • Internal cyclical and ad-hoc reporting

Key Result Areas:

Strategy and Planning / Key Performance Indicators

• • Contributes to the design and implementation of the operational team plans to ensure these include operational considerations for delivery.
  • Determines own work priorities and activities in line with agreed plans to ensure the achievement of personal and team objectives.
  • Benchmarking of delivery to plan objectives
  • Management team feedback
  • Relevancy, accuracy, and timeliness of contribution to operational plans
  • Policy, Process and Procedures
  • Contributes to our clients Insurance segment procedures and controls for the collection, review, consolidation and analysis of contractual risk information.
  • Assists in the delivery and future development of our clients Insurance processes and systems, to ensure an efficient management of insurance records.
  • Ensures compliance with relevant legislation, industry codes and company policies and procedures to protect our clients regulatory position.
  • Ensures that electronic files are maintained in a logical and accessible manner and/or other underwriting issues are clearly documented at all times.
  • Strong alignment and guidance provided to the offshore team to facilitate Underwriter expectation and outcomes are met.
  • Ensures awareness of and compliance with regulatory and legislative requirements.
  • Contributions to system / procedural improvements made.
  • Adherence to all relevant legislation and company policies, procedures, and processes.
  • Documents and policy procedures are reviewed as necessary and includes the half yearly address of Offshore SOPS.
  • Management information provided is accurate and timely.
  • Embrace management information to ensure it is instrumental in the decision-making process
  • Ensure open communication is maintained with stakeholders on all policy and procedure changes, canvasing feedback and addressing any concerns
  • Contribute to the cross training and sharing of ideas with other staff members both onshore and offshore
  • Ensure escalation to Seniors at the earliest opportunity of all known issues

Environmental Awareness/Customer Focus:

• • Builds and maintains strong key stakeholder relationships in order to provide an effective service to the business
  • Continually develops knowledge of market dynamics and market cycles to support business performance.
  • Report and make recommendation of any operational risk to the Head of IUS at the earliest opportunity
  • Recognise and demonstrate awareness that everyone is the first line in addressing risk concerns and exposures
  • Resolve customer queries, demonstrating a subject matter expert role, whilst escalating where needed
  • Legal compliance.
  • Risk avoidance.
  • Delivers solid and positive results.
  • Positive feedback from stakeholders and customers
  • Achieves satisfactory audit results.
  • Open and regular communication.
  • Relevant and accurate provision of information.

Technical Performance: 

• • Assist in the preparation of the insurance sector information for key stakeholders.
  • Including but not restricted to; exception reports, performance reports, regulatory centric focused report
  • Provides relevant information to meet Aspen’s obligations. (e.g. for Team Head, ratings agencies and regulatory authorities).
  • Where necessary assists in the management of our clients counterparty information i.e., ratings and other counterparty details to maintain data security, compliance and facilitate management information.
  • Contribute to the successful running of IUS processes in relation to our clients compliance
  • Reports should be timely, accurate, supported with narrative explaining context /contents of the report and most importantly challenged for purpose.
  • Production of, and assistance with, relevant monthly, quarterly Board and Audit Committee reports.
  • Accurate and timely analysis of the clients debtors – quarterly.
  • Information presented effectively to key stakeholders.
  • Accurate and timely analysis of Aspen’s exposure to counterpart security
  • Timely address of exposure /aggregation to the CRM team
  • Seek advice and give timely advice.
  • Group-wide documentation issued accurately and on time.
  • Play a role in achieving satisfactory audit.

People Expectations / Self-Management:

• • Develops own knowledge of standard procedures and processes.
  • Acts as a point of reference to guide for offshore whilst sharing and developing knowledge and best practice.
  • Supports others in the team where appropriate
  • Liaise with key business groups to establish, support and maintain solid business relationships and organisational effectiveness
  • To provide support for all Underwriting activities at the Lloyd’s Box
  • Provide support for tasks within the team and where appropriate drive / contribute to their personal development
  • Team plans and objectives are met.
  • Positive feedback from colleagues.
  • Asks for feedback and acts upon personal development plans.
  • Core values, behaviours are upheld.
  • Regular contribution to team meetings.
  • Operate as an effective team member by supporting colleagues and contributing in the delivery and achievement of the teams overall vision and objectives
  • If required to co-ordinate broker communications surrounding networking events, planning and organising appropriate marketing information
  • Manage tasks and drive best outcomes

Knowledge, Skills & Experience

• • Strong interpersonal and communication skills.
  • Good organisational skills.
  • Able to work independently.
  • Proficient in MS Office applications effectively e.g. Excel and other departmental software packages.
  • Able to manage conflicting priorities to achieve deadlines.
  • Able to plan effectively and efficiently.
  • Strong customer orientation skills.
  • Ability to collaborate effectively within a team environment.
  • Strong attention to detail.
  • Strong investigative skills.
  • Ability to analyse data and use for decision-making.
  • Team player

To apply, please email your CV and covering letter to info@rv1group.com today.