Underwriting associate

Place of work
Bratislava
Contract type
full-time
Start date
by agreement
Salary offered (gross)
by agreement

Information about the position

Job description, responsibilities and duties

We are looking for candidates who will support Corporate Solutions underwriting units in their daily business tasks.
Within a fast evolving environment, this role provides you a chance to make own decisions when dealing with complex
underwriting tasks.

Core Responsibilities:
• High level of interaction and coordination with team members.
• Work closely with underwriters, experts and other departments in order to handle tasks on time with high quality
• Prioritize the workload in order to meet audit SLA and accuracy requirements
• Review, check and gather insurance and legal documentation
• Review insurance submission data for accuracy and completeness
• Create and maintain electronic records if required following established guidelines and processes
• Reflect insurance policy terms, conditions into the systems
• Make sure the data entered have supporting documentation attached
• Interpret and manipulate non-standard submission data for the risk to be appropriately modelled
• Determine the appropriate Property Industry Classification of the insured assets through a review of their operations and discussions with underwriting team
• Reflect insurance policy terms and conditions into the costing tools
• Identify and input secondary modifiers relevant for the costing
• Ensure that the entered values are correct
• Assess risk through our pricing models, interpret results and form recommendations
• Maintain and update the risk information
• Support underwriting teams with other costing related tasks (such as premium calculation, Natural Catastrophes analysis, preparing data for 4-eye review, etc.)
• Maintain and update the SOP to reflect the business requirements and portfolio specifics
• Accountable to deliver timely and accurate business processing also during peak times

Additional Responsibilities:
• Regularly monitor the contracts which will be due/ are due for processing
• Compile, sort, review and verify data accuracy using source documents, detect errors, and initiate correction while following-up with customer or process owner regarding any inconsistencies found.
• Enter and maintain information in systems and tools, including documents, process changes and associated open/completed tasks
• Follow-up on outstanding documents or items, per guidelines
• Perform assigned rule-based tasks following standard operating procedures
• Perform other position related tasks (e.g. participation in projects, initiatives, etc.) as instructed by Supervisor

Requirements for the employee

Required education

University education (Bachelor's degree)
University education (Master's degree)
Postgraduate (Doctorate)

Language skills

English - Upper intermediate (B2)

Personality requirements and skills

Education:
• Bachelor's Degree/Master´s degree
• Knowledge and understanding of Re-/ Insurance business is a plus

Relevant professional experience
• Relevant job experience a plus

Linguistics
• Excellent communication skills (reading, written and verbal)
• Proficient in English (reading, written and verbal); any other European language is a plus

• Profound computer skills and experience with Microsoft Office Package (Special focus on Excel)
• Intermediate level of math, administrative procedures and general economic principles
• Focus on details
• Ability to easily interpret the terms and conditions of the legal document
• Logical and analytical thinking, ability to connect dots, ability to identify and report problems or errors while working with significant amounts of detailed information
• Excellent reading comprehension, verbal and written communication skills
• Applies knowledge to technical and processing tasks through daily activities and responsibilities
• Ability to provide administrative and technical support for the respective business unit
• Ability to work both independently or collaboratively while establishing priorities; ability to handle multiple tasks in a rapidly evolving environment
• Demonstrates strong interpersonal skills and ability to establish and maintain effective working relations with people in a multi-cultural environment
• Ability to adapt fast growth, change and demand
• Actively contributing to the team spirit

Advertiser

Brief description of the company

As the world's leading reinsurance company, Swiss Reinsurance Company, based in Zurich, Switzerland, we specialize in covering concepts in capital and risk management.
We combine financial strength with experience, knowledge and creative thought to exploit new opportunities in the interests of our clients, staff and shareholders. Opportunities for you. Opportunities for us.
Website: www.swissre.com

Main focus of the company's activities

Management consultancy activities

Company address

Swiss Re Management AG
Karadžičova 12
821 08 Bratislava
http://www.swissre.com

Contact

Contact person: Maria Havrisova

ID: 1932578   Dátum zverejnenia: 24.11.2016