Evolving Environment
Development Opportunities
Continuous Support

Assistant Underwriter - Life Science

Salary Competitive
Location London
Mergefield Title {Mergefield Value}
Mergefield Title {Mergefield Value}

This is a {Advertised Permanent / Temporary}, {Advertised Full Time / Part Time} vacancy that will close in {x} days at {xx:xx} BST.

The Vacancy

Function / Area:  Underwriting

Reporting to: Senior Underwriter / Underwriting Manager

Position Summary

Support the execution of the business plan by supporting underwriting teams, focusing on developing underwriting skills and technical knowledge in the Life Science Sector whilst helping to manage existing and new business accounts and identifying new business opportunities.

Key Responsibilities

  • Contribute to business plan achievement by handling renewals and writing new business within underwriting authority.
  • Establish and build upon relationships with brokers, clients, reinsurers and Lloyds as necessary
  • Promote the development of the business by identifying new business and cross sell opportunities.
  • Support the preparation of the business plan and any other document/ information as required.
  • Ensure accurate entry of policy aggregate information onto the relevant software and spreadsheets, as required. Ensure the syndicate records and files are maintained and up to date. Validate USMs and SCMs on a daily basis.
  • Prepare and report figures and statistics for the business unit or team account.
  • Support the monitoring and control of the business, as directed by Underwriters
  • Liaise with and assist the claims department when required in the settlement of claims
  • Comply with all applicable legal and regulatory requirements and ensure, at a level appropriate to the position, that appropriate measures are in place to ensure this compliance
  • May perform additional duties as assigned.

Skills, Knowledge & Experience

  • Demonstrated understanding of business objectives and the market in which we operate.
  • An understanding of the Life Science Sector including it’s processes, products and risk exposures
  • Intellectual curiosity      
  • Ability to plan and organise own role effectively
  • Mathematical and statistical ability
  • Strong understanding of risk management and governance framework and how own role fits into it
  • Underwriting discipline                                            
  • A practical understanding and analysis of risk, pricing, contract wordings, and claims         
  • Ability to promote own profile and CNA Hardy to brokers and clients
  • Demonstrated analytical and problem solving skills
  • Effective communication and rapport building skills
  •  Effective influencing skills
  •  Ability to be assertive when appropriate
  •  Ability to use appropriate systems to the technical level required
  •  Completion of ALMI test or equivalent
  • Appropriate knowledge of all relevant regulatory and legal requirements applicable to the position

Additional Information

Company Overview

CNA Hardy is a leading specialist commercial insurance provider for clients within the Lloyd’s and company markets. We are part of CNA Financial Corp, the 8th largest U.S. commercial property and casualty insurance company. Established in 1897, CNA has approximately 7,000 employees, serving businesses and professionals in the U.S., Canada, and Europe. We offer a wide range of products and services, providing a superior suite of insurance solutions that any organisation conducting business requires.

CNA is an equal opportunity employer.

The Company

CNA Hardy is a leading specialist commercial insurance provider for clients within the Lloyd’s and company markets. We offer a highly specialised and comprehensive portfolio of innovative and market leading products. Coverage is available to businesses of all sizes for domestic, international and global exposures.

Working Here

It’s an evolving environment and a place where employees voices are heard and have numerous opportunities to make a difference.

We are dedicated to providing an open and inclusive workplace where our employees can grow and thrive.

Employees receive continuous support and development opportunities.

We support charities and are involved in community initiatives and volunteering programmes.

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Closing

in X days

{Expiry}