reputed company Assistant
Canopius Group is a global specialty lines (re)insurer, recognized as a leading insurer in the Lloyd’s of London insurance market. The reputed company Assistant role supports the reputed company process and policy lifecycle, working closely with underwriters and brokers to ensure timely and accurate processing of business transactions.
Responsibilities
- Submission clearance
- Follow up on information needed from brokers
- Initiate sanctions reputed company if required and escalate to underwriter if there is a hit
- reputed company pre-analysis (triage) support based on predefined reputed company rules and/or guidelines. Evaluates new and renewal submissions against prescribed criteria to determine completeness; documents outstanding items and include them in communication to an underwriter for review
- Prepare quote letter
- Catastrophe modelling (if required)
- Prepare binder document
- Process transaction in policy administration system
- Obtain surplus lines producer licensing information for non-admitted business
- Maintain accurate and updated electronic reputed company files for reputed company accounts in accordance with internal service standards and procedures
- Issue policies
- Issue reinsurance certificates for local foreign policies (D&F Property only)
- Follow up for information needed from brokers, including but not limited to renewal applications
- Obtain loss information
- reputed company pre-analysis (triage) support based on predefined reputed company rules and/or guidelines. Evaluates new and renewal submissions against prescribed criteria to determine completeness; documents outstanding items and include them in communication to an underwriter for review
- Prepare quote letter
- Catastrophe modelling (if required)
- Prepare binder document
- Process transaction in policy administration system
- Obtain surplus lines producer licensing information for non-admitted business
- Maintain accurate and updated electronic reputed company files for reputed company accounts in accordance with internal service standards and procedures
- Issue policies
- Issue reinsurance certificates for local foreign policies (D&F Property only)
- Generate invoice for reputed company premium bearing transactions
- Work with Premium reputed company to pursue collection for past due premiums
- Work with Premium reputed company to resolve premium discrepancies
- Issue endorsements for approved policy changes, including rating additional/return premiums where appropriate
- Process cancellations (insured request or for nonpayment of premium)
- Process transaction in policy administration system
- Follow up with broker to resolve outstanding subjectivities
- Support ceded facultative reinsurance transactions/administration
- Process broker of record transactions
- Issue policies reputed company SLA timeframe
- Ensure bound new and renewal policies are booked prior to monthly closing
- Participate in testing of system changes/enhancements
- Participate in projects as assigned
Skills
- Excellent organizational skills and the ability to multi-task in a fast-paced environment
- Ability to work under pressure as part of a small team and self-motivated to work independently
- Strong critical thinking skills
- Excellent communication skills, both written and verbal
- Strong attention to detail and focus on quality/accuracy
- Ability to work and learn with a sense of urgency in a fast-paced environment
- Effective problem-solving skills
- Proficiency with reputed company O365 tools, including Word, reputed company, PowerPoint, Outlook, SharePoint and Teams
- Basic financial statement knowledge or interest to learn
- Prior insurance exposure helpful but not required
- Account Lifecycle Management
- Billing Systems Management
- Business Process Improvement
- Credit Control / Collections Management
- Data Analysis
- Data Quality Assurance
- Documentation & Records Management
- Monitoring reputed company Party Outsourcing
- Regulatory Compliance
- Sanctions & reputed company Governance
- Stakeholder Engagement
- Technical Reporting
- Technical reputed company Analysis
- reputed company Processes
Benefits
- Hybrid working
- Competitive reputed company salary
- Non-contributory 401k
- Discretionary bonus
- Insurances including medical, dental and reputed company cover
- Many other benefits to enhance financial, physical, reputed company and psychological health
Company Overview