Join us in Talbot to take your career to the next level with a global market leader.
Make your mark in Talbot
With offices in London, the U.S. and Asia Pacific, Talbot is the managing agent of Syndicate 1183 and Syndicate 2019 at Lloyd’s. Syndicate 1183 underwrites a number of classes of business including war and terrorism, energy, marine, financial lines, cyber, transport, political risk, crisis management, kidnap and ransom, contingency and property. Syndicate 2019 reinsures a portfolio of U.S. ultra-high net worth personal lines business. Through its expert team of underwriters and a balanced, geographically-diverse portfolio of business, Talbot has earned a reputation as an industry-leading insurance specialist.
How you will create an impact
To carry out and assist the Underwriters with the following:
- Ensure all documentation to be scanned and indexed into the DMS system that comes through the Core Team.
- Ensure data entry is in accordance with agreed guidelines, e.g. endorsements, quotes, promise lines
- Ensure the Core team address item received electronically (e.g. email inboxes) within agreed SLA’s.
- Ensure consistent field use within the Core team.
- Ensure accuracy and the resolution of any grey areas, of data entry manuals and escalating any Issues.
- Ensure accuracy and timeliness of entry for endorsements.
- Proactive support of other Technical Assistants to allow for segregation of duties and holiday / sickness cover.
- Ensure monitoring and chasing of all outstanding data as required.
- Act as an escalation point for the Premium management team as required by the Core team.
- Attend and prepare necessary documentation for Core team meetings and for the monthly Operations meeting.
- Be a SME and/or Super user on Underwriting Systems as required.
- Ensure both personal and allocated class(es) compliance with document retention policy.
- Build and maintain close working relationships with Underwriters and Capita.
- Respond to all internal and external queries as required
- Act in accordance with all regulatory standards and principals
- Provide box support at Lloyd’s when required
- Ensure you are building and maintaining close working relationships Underwriters and TA’s
- Ad-hoc and general administration duties as and when required
- Run, update and upload the monthly PMD report to Lloyds.
Premium Management
- Prepare, produce and distribute weekly premium management reports such as large movement and signed variance reports.
- Find and reallocate misallocated premium/signings.
- Liaise and work with all Underwriting Teams in all areas of Premium Management data integrity and answer any queries they may have.
- Responsible for USM processing.
- Process and validate risks signed through Xchanging; validation of all Underwriting Signing Messages (USMs).
- To carry out daily posting, to ensure end of month process posting deadlines are reached.
- Liaise with UTS, Underwriting, Xchanging and Brokers on processing queries, action and monitor until resolved.
- Identify and liaise with underwriters and chase as appropriate, for partial risks where premium has been processed through Xchanging.
- To ensure that USM corrections are actioned where applicable
Continuous Improvements
- Align to our operating principles and to participate or instigate in continuous improvement initiatives, such as quick wins, root cause problem solving.
- Review the current processes, for the areas you are responsible for, to make improvements and streamline the process.
- Promote a continuous improvement culture amongst UTS
What you’ll need to succeed
- Good interpersonal and communication skills.
- Competency in Microsoft Office and excellent general computer literacy.
- Meticulous and attention to details.
- Diploma / Degree in any field with/without relevant experience.
- We pride ourselves in helping people develop their careers and are supportive of individuals looking to hone their professional skills and working towards the ACII exams.
Ready to take your career to the next level? We would love to hear from you.
