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Assistant Manager

2 - 10 years

2 - 8 Lacs

Greater Noida Noida Gurgaon

Posted:3 months ago| Platform: Naukri logo

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Skills Required

UK insurance London Insurance London Underwriting UK UW London Market Loss Run Premium Reporting Lloyds

Work Mode

Work from Office

Job Type

Full Time

Job Description

Role: Assistant Manager and Domain Trainee / Management Trainee - Underwriting Your role will require you to utilize your experience in and knowledge of insurance/reinsurance and underwriting processes to process transactions for the Underwriting Support Teams and communicate with the Onsite Team. Responsibilities Conduct Technical checks on insurance documentation to ensure accuracy, this includes using specific IT based system to supports the technical adjusting process with some supervision where applicable Working knowledge of insurance and re-insurance from Lloyd’s of London Market is mandate Well versed with the MRC Slips, Endorsement, Declarations, Submissions, quote and promise documents and it’s various sections Premium reconciliation and adjustment in the system Reviewing bordereaux files to resolve commission, premium difference Active management of aged debts, unallocated cash, internal and external queries Monthly reconciliation highlighting and recording transaction movement and raising with finance to ensure process is consistent Monitor daily signing for Lloyd’s LIRMA accounts Process daily cash analysis report Follow up or escalate with responsible business units on outstanding breaks according to internal procedure Timely and accurate processing of premium and endorsements Support existing backlog clean up exercises Working knowledge of Genius Application is mandate Resolving Premium/ Claims/ Tax differences Excellent written & verbal communication skills Knowledge of MS Office and its tool Taxes knowledge for different countries Qualifications we seek in you! Minimum Qualifications Graduate (in any discipline) Relevant work experience for London P&C Insurance market Should have wing to wing knowledge of the Underwriting lifecycle Must demonstrate and foster customer focus, teamwork, accountability, initiative and innovation. Fluent in English language- both written and oral

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