UNDERWRITING ASSISTANT at Rising Edge Ltd.
ABOUT RISING EDGE
Rising Edge set out to reimagine D&O Insurance
Since launch in 2021 our approach and ethos have set us apart in the world of D&O.
We create a positive, values driven working culture which encourages the creativity and bravery of our team to learn, share and contribute to the success of our firm, the work of our client/partners as well as raising standards within the D&O sector.
To know more about Rising Edge visit risingedge.co
Rising Edge Ltd, a Company registered in England and Wales (No. 9127174), and regulated by the Financial Conduct Authority (reference number 979552).
TRADING ADDRESS
Rising Edge Ltd, 3 Lloyd´s Avenue, London EC3N 3DS, United Kingdom.
REGISTERED OFFICE
Rising Edge Ltd, 4–8
The Centre, Braintree, CM7 3RU, United Kingdom.
Job Specification
• The role holder will provide reliable and effective underwriting and operational support to the D&O Underwriting Team from pre-underwriting (such as recording submissions) through to post-bind (such as cash collection).
• There is the opportunity to evolve towards more senior roles in either underwriting or operations.
Principal duties and responsibilities
• Working closely with the Underwriters in the department to create and maintain accurate information within ZEUS (the RISING EDGE designed and proprietary underwriting system).
• Review of submissions entered into ZEUS and comparisons to documents received from the brokers/underwriters.
• Monitor and ensure that all risks entered onto ZEUS are correctly approved by the various stakeholders and all checklists (such as subjectivities) are completed.
• Once bound, to maintain a control of missing slips and chase brokers according to agreed guidelines.
• On receipt of the slip, to enter EEA/ Non EEA Split, review previous data entries (inception date, commission levels, signed lines etc) and create policy.
• On policy creation, enter all business splits and tax amounts to correspond with the broker closing. Once completed, book the policy in our administrative system.
• Raise debit notes and statements of account as required. Agree broker statements of amounts owed.
• Investigate any differences between booked premiums and amounts received.
• To create MTAs / policy adjustment where necessary.
• Other duties and responsibilities includes supporting the general administration of the office including office supplies etc.
Contributes to the Company’s result by:
• Guaranteeing that the underwriters have accurate and up to date information to assist them in performing their duties.
• Ensuring that information within ZEUS is accurate to enable correct financial reporting and accurate cash collection.
Required Education
• Rising Edge differentiates candidates not solely based on education level, but on their ability to learn. We seek colleagues with a desire to develop, and with a drive to succeed in a high performing team.
• Recently graduated or Strong A-level with relevant experience and attributes.
Required Experience and Competencies
Experience
• Prior exposure to insurance an advantage
Personal Competencies
• Prior exposure to insurance an advantage.
• Personal Competences:
• Attention to detail
• Good working knowledge of Microsoft Office suite, particularly Excel.
• Excellent numeracy skills
• Work as part of the team, share jobs.
• Embraces diversity and inclusion
• Articulate
• Sense of initiative and autonomy
• Good organisational skills
• Good interpersonal skills
Pay and Benefits
• Attractive package to be discussed.
• Rising Edge invests in the development of its team by placing special focus on training and development, including by providing the time off required.
Application deadline
• Applications will be considered up to 15 September 2023.
Your application
• Apply for this position by emailing your CV with covering letter to isabel.alvarez@risingedge.co
