Underwriting Assistant

Posted:
5/19/2024, 5:00:00 PM

Location(s):
Zurich, Zurich, Switzerland ⋅ Zurich, Switzerland

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
IT & Security

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

Position summary: The Underwriting Assistant will provide technical and administrative support to Underwriters.

Key Responsibilities:

  • Account clearance, first level review of submissions and binders
  • Preparation of underwriting analysis and quotes on both traditional and non-traditional business (inter alia multi-year, multi-line)
  • Preparation, information gathering, data collection and validation to produce management information
  • Underwriting related project involvement and representative for the Zurich office
  • Review/input of data entries in the underwriting system and compliant document management
  • Analysis and support for agreement of special acceptances/endorsements
  • First level wording review, risk transfer analysis, assistance on accounting matters and review of aged receivables
  • Coordinate and prepare quarterly contract review meetings and assist underwriters with it
  • Assist with internal or external audits
  • Manage KYC process together with Finance and tracking of receivables
  • Work with ARP (Arch Re Philippines) Technical Assistants with submission tracking/binding/adjusting of complex cases
  • Frequent interaction with multiple other functional areas including claims, accounting and actuarial as well as other Underwriting individuals and management based in Zurich, Bermuda and London
  • Providing other technical and administrative support within the underwriting group generally and performing other duties as required by the Underwriting Managers as requested
  • Review and analyse processes, procedures and workflows to identify opportunities for process improvement and efficiency

Minimum Qualifications, Skills and Experience:

  • Minimum 5 years’ experience in a similar role with a commercial and/or analytical educational background
  • Fluency in English and French is essential, additional languages are welcomed
  • Experience with treaty reinsurance accounting is a plus
  • High level of competency using Microsoft Office, especially Excel
  • Detailed oriented
  • Self-starter, motivated, well organized
  • Ability to manage and prioritize a broad range of tasks
  • Organizational skills and excellent communication skills (reading, written and verbal)

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.