Junior Underwriter - Onshore Energy

Roles and Responsibilities

• Underwrite profitable business in accordance with business plans.
• Adhere to all Starr underwriting standards as outlined in the Underwriting Manual.
• Obtain sign-off for all business that is in excess of agreed authority levels or where any factor falls below rating guidelines.
• Ensure that the policy wordings and clauses are slip referenced and agreed.
• Ensure that all accounts are contract certain at the time of binding.
• Develop broker relationships and optimise opportunities to lead business.
• Explore client and company knowledge to identify and optimise cross-selling opportunities.
• Reconcile and report all premiums due versus received in order to manage credit control.
• Enter accurate natural catastrophe data into the relevant model in preparation for Realistic Disaster Scenario (RDS) modelling.
• Complete the front sheet to ensure that all required information is included.
• Enter schedule data and quotations accurately into the system.
• Ensure that the reinsurance split in the system matches the underwriting stamp.
• Ensure that the Underwriting Notes are complete.
• Log all bound, quoted, working and declined risks into the business log immediately.
• Ensure that the file is complete and contains all relevant documents. Obtain any outstanding items from the broker or underwriter in readiness for Peer Review.
• Ensure that signings are accurate and are consistent with written confirmations.
• Liaise with brokers to follow up on outstanding renewals.
• Follow up on outstanding quotes with the relevant broker.

Experience