Underwriting Assistant

Canopius Group is a global specialty lines (re)insurer, recognized as a leading insurer in the Lloyd’s of London insurance market. The Underwriting Assistant role supports the underwriting 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 check if required and escalate to underwriter if there is a hit Perform pre-analysis (triage) support based on predefined underwriting 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 underwriting files for all 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 Perform pre-analysis (triage) support based on predefined underwriting 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 underwriting files for all 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 all premium bearing transactions Work with Premium Accounting to pursue collection for past due premiums Work with Premium Accounting 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 within 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 Microsoft O365 tools, including Word, Excel, 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 Third Party Outsourcing Regulatory Compliance Sanctions & Underwriting Governance Stakeholder Engagement Technical Reporting Technical Underwriting Analysis Underwriting Processes Benefits Hybrid working Competitive base salary Non-contributory 401k Discretionary bonus Insurances including medical, dental and vision cover Many other benefits to enhance financial, physical, social and psychological health Company Overview We are Canopius, a global specialty and Property & Casualty (re)insurer with offices in the UK, the US, Bermuda, Singapore and Australia. It was founded in 2003, and is headquartered in Zürich, Zurich, CHE, with a workforce of 501-1000 employees. Its website is