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About the Role
This role supports Underwriters in navigating Delegated Authority processes, managing binder pipelines, setting up binders on the underwriting system, initiating due diligence, preparing financial crime risk assessments, and completing post-bind tasks or control monitoring activities. The role requires excellent attention to detail, strong organizational skills, and the ability to multitask.
Responsibilities
- Managing the pipeline of upcoming Binders
- Preparing the Set Up tasks on all Binders
- Cross referencing Coverholder details between the Contract, Openbox and Atlas
- Maintaining Coverholder address details on Openbox
- Assessing the Financial Crime Risk Rating of Coverholders and Binders
- Facilitating post-bind activities, such as the Binder Expert Reviews
- Monitoring the completion of Follow DCOM entries
- Following up with Brokers when Binders are not registered on DCOM
- Monitoring various Controls to ensure adherence to requirements and that any approvals required have been obtained
- Monitoring the completion of Lineslip Tasks by Underwriters
- Monitoring the completion of Coverholder review Meetings by Underwriters
- Completing Due Diligence reviews as required
- Performing general administrative duties such as profiling or mailbox monitoring
- Performing other ad-hoc duties as required
Requirements
- Experience in a busy office environment
- Strong attention to detail and great accuracy
- A proactive mindset and the initiative to pre-empt issues or explore possibilities before raising queries
- Effective prioritisation and organisational skills
- Strong stakeholder communication skills
- Ability to manage high volumes of tasks
- Independent thinker and decision-maker
- Excellent communication skills
- Cannot handle fluctuating workloads
- Dislike repetitive tasks or high-pressure environments
- Need micro-management
Skills
- Attention to detail
- Organizational skills
- Multitasking
- Researching information
- High-quality service orientation
- Communication skills
- Prioritisation
- Stakeholder communication
- London Market / Lloyd’s Insurance experience
- Delegated Authority Experience
- Familiarisation with Lloyd’s DA Systems eg Atlas / DCOM
- Experience using AI tools to enhance ways of working
Location
- London
Work Type
- Permanent
- Hybrid working
Benefits
- Great employee benefits that take care of your mental and physical wellbeing
About the Company
- Hiscox is a global, specialist insurer headquartered in Bermuda and listed on the London Stock Exchange.
- With 3,000 employees and 32 offices in 12 countries, Hiscox is a business with lots of opportunity for people with talent, spark and lots of ambition.
- Hiscox prioritises strong values such as integrity and courage.
- Hiscox people always pull together to do the right thing for each other and our customers.
Equal Opportunity
- We hire the best people for the job and we’re committed to diversity and creating a truly inclusive culture, which we believe drives success.