Ascot Group on cord

Ascot Group

Underwriter

External position
London, UK
Hiring internally for Ascot Group?
Insurance
Illumivate. Innovate. Insure.
Posted
a week ago
Checked
cord regularly checks that external positions are still open
10 hours ago

Skills & Experience

Job roles: Finance/Accounting
Experience level: Senior
Core skills considered: Accounting software, Financial reporting, Financial strategy, Business Analysis, Customer service
Other skills considered: Customer support, CRM, Communication software, Stakeholder Management

Logistics

Base salary: Undisclosed
Some companies on cord are unable to disclose salaries publicly due to internal company policies. Message the company for salary information.
Employment type: Permanent
Remote working: Hybrid
Visa sponsorship: Not available

Job Description

To develop, underwrite and manage the Environmental account, delivering sustainable growth and profitability in line with the business unit's strategic plan and delegated underwriting authority.


Detailed Duties

  • Execute on Ascot's Environmental go-to-market business plan.
  • Grow and scale a book of business within the Syndicate's existing Casualty portfolio.
  • Manage the profitability, growth, and retention of the portfolio through execution of individual risk underwriting and adherence to the strategic plan of the business unit.
  • Collaborate with Ascot Group colleagues in London and the US.
  • Build underwriting guidelines, forms library and marketing materials.
  • Underwrite and negotiate complex Site Pollution and Contractors Pollution Liability policies to minimize risk and maximize profitability.
  • Monitor premiums, costs and claims ratios per contract and take corrective measures if necessary to ensure long-term profitability at account level.
  • Work independently within delegated underwriting authority and make referrals as required.
  • Cultivate and maintain relationships with Ascot peers, leaders, and internal partners across functional areas to identify cross-selling opportunities, rate adequacy and operational excellence.
  • Foster and maintain external relationships with brokers to market and sell Ascot's products.
  • Operate with underwriting integrity by adhering to the Environmental guidelines, with the goal of achieving profitability over top-line growth.
  • Provide meaningful and constructive feedback to regional and home-office management to improve processes, identify efficiencies and be more relevant to the customer.
  • Analyze internally generated and third-party data to improve the underwriter productivity of the group and the broker experience.
  • Perform other duties as assigned.
  • Commit to The Ascot Way: Embody The Ascot Way in their daily interaction with colleagues, fostering colleague engagement and development, collaboration, inclusivity, and individual accountability.

Compliance

  • Ensure compliance with broker security requirements. Check that individual brokers adhere to their individual credit limits and that a TOBA is in place prior to quoting business with an unauthorised broker.
  • Ensure compliance with Lloyds licencing requirements.
  • Assist with completion of sanctions checks.
  • Completion of annual compliance training.
  • Compliance bulletin review and action, where required.
  • Ensure that Downgrade Clauses comply with Ascot's Down Grade Clause Policy.

Administration

  • Ensure that the account administration is at all times up to date for relevant class(es), including responding to queries raised by Administrators promptly.
  • Work closely with Assistants and accept overall responsibility for administration.
  • Ensure Claims data discrepancies between submission and S2000 are reported.

Facultative Reinsurance Purchasing

  • Ensure that the purchasing of facultative reinsurance is done so in accordance with the RI purchase procedures.
  • Ensure that any agreed endorsements that could affect the facultative reinsurance programme are notified to the reinsurance team.
  • Work closely with the Reinsurance Department to ensure all cover notes are logged onto the system and to ensure overall compliance with the latest Reinsurance procedures.

Aggregates

  • Check that there is available aggregate prior to quoting.
  • Ensure that all aggregate information is recorded at the required level of detail.

Attendance

  • Attendance at the monthly underwriter meetings.
  • Attendance at monthly Claims meetings.

Credit Control

  • Manage the credit control issues for the class(es) including close liaison with Assistant Underwriters, Capita and brokers.

Marketing

  • Develop and maintain relationships with key brokers within the insurance market.
  • Develop and maintain relationships with clients.
  • Represent Ascot at appropriate market groups and committees.

Working Knowledge of Systems

  • Crystal/Lloyds QA Tool
  • S2000 (Subscribe)
  • Swordfish
  • GAAP

Other duties

  • Ad-hoc duties as directed by line management.
  • Implementation of new procedures.

Requirements

  • Minimum of 8 years of underwriting experience.
  • Experience with monoline Environmental products including Site Pollution and Contractors Pollution liability.
  • Deep knowledge of Environmental insurance products, insurance regulations and the insurance industry.
  • Strong collaborative and critical thinking skills and ability to thrive in a fast-paced, entrepreneurial environment.
  • Excellent organizational, desk management and prioritization skills with the ability to work independently and as part of a team.
  • Must be positive, self-motivated, and possess strong interpersonal, communication and presentation skills.
  • Possess strong technical, analytical, and quantitative skills.
  • Excellent oral and written communication skills, with the ability to successfully negotiate in difficult situations with agents and brokers.
  • Solution oriented team player with a strong relationship management skill set working with both internal and external stakeholders and customers.
  • Proficient in Microsoft Office.
Underwriter at Ascot Group
Position posted a week ago

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Starling Bank on cord

Starling Bank

Full Stack Engineer (ML Ops)

London, UK
FinTech · Banking · Finance
A better bank for everyone
Active
over 6 months ago
Responds to
0% of requests
Responds in
1h 55m
Requests
7 pending

Skills & Experience

Job roles: Full Stack
Experience level: Mid, Senior
Core skills considered: Java, React, Redux, AWS, JavaScript

Logistics

Base salary: £70K - £110K
Employment type: Permanent
Remote working: Hybrid (up to 2 remote days p/w)
Visa sponsorship: Not available

Job Description

Starling is the UK’s first and leading digital bank on a mission to fix banking! Our vision is fast technology, fair service, and honest values. All at the tap of a phone, all the time.

Starling is the UK’s first and leading digital bank on a mission to fix banking! We built a new kind of bank because we knew technology had the power to help people save, spend and manage their money in a new and transformative way.

We’re a fully licensed UK bank with the culture and spirit of a fast-moving, disruptive tech company. We’re a bank, but better: fairer, easier to use and designed to demystify money for everyone. We employ more than 3,000 people across our London, Southampton, Cardiff and Manchester offices.

Our technologists are at the very heart of Starling and enjoy working in a fast-paced environment that is all about building things, creating new stuff, and disruptive technology that keeps us on the cutting edge of fintech. We operate a flat structure to empower you to make decisions regardless of what your primary responsibilities may be, innovation and collaboration will be at the core of everything you do. Help is never far away in our open culture, you will find support in your team and from across the business, we are in this together!

The way to thrive and shine within Starling is to be a self-driven individual and be able to take full ownership of everything around you: From building things, designing, discovering, to sharing knowledge with your colleagues and making sure all processes are efficient and productive to deliver the best possible results for our customers. Our purpose is underpinned by five Starling values: Listen, Keep It Simple, Do The Right Thing, Own It, and Aim For Greatness.

Hybrid Working

We have a Hybrid approach to working here at Starling - our preference is that you're located within a commutable distance of one of our offices so that we're able to interact and collaborate in person. We don't like to mandate how much you visit the office and work from home, that's to be agreed upon between you and your manager.

Our Data Environment

Our Data teams are excited about the value of data within the business, powers our product decisions to improve things for our customers and enhance effective and agile decision making, regardless of what their primary tech stack may be. Hear from the team in our latest blogs or our case studies with Women in Tech.

We are looking for talented data professionals at all levels to join the team. We value people being engaged and caring about customers, caring about the code they write and the contribution they make to Starling. People with a broad ability to apply themselves to a multitude of problems and challenges, who can work across teams do great things here at Starling, to continue changing banking for good.

Requirements

We have built our entire banking platform in house and mostly in Java. We are looking for people who want to work on building the tooling that is used by our engineers on a daily basis.

We are looking for people who are truly full stack, and are as comfortable polishing their javascript front end as they are debugging the innards of their java applications database interactions, or standing up infrastructure with terraform. We are looking for people who can:

  • Design REST apis.
  • Code backend services, ideally using Java, or another other server side compiled language.
  • Develop modern front ends, ideally using React and Redux.
  • Get their code into the cloud and support it there, ideally on AWS.
  • Believe in clean coding, simple solutions, automated testing and continuous deployment.
  • Like to take ownership of a feature from the original idea through to live.
  • Think (like us) that a small number of empowered developers is the right way to deliver software.

Company Benefits

  • 33 days holiday (including flexible bank holidays)
  • An extra day’s holiday for your birthday
  • 16 hours paid volunteering time a year
  • Part-time and/or flexible hours available for most roles
  • Salary sacrifice, company enhanced pension scheme
  • Life insurance at 4x your salary
  • Hybrid/remote working
  • Private Medical Insurance with VitalityHealth including mental health support and cancer care. Partner benefits include discounts with Waitrose, Mr&Mrs Smith and Peloton
  • Generous family-friendly policies
  • Varied social groups set up and run by our employees
  • Perkbox membership giving access to retail discounts, a wellness platform for physical and mental health, and weekly free and boosted perks
  • Access to initiatives like Cycle to Work, Salary Sacrificed Gym partnerships and Electric Vehicle (EV) leasing

Full details are available on our careers site

Interview Process

Interviewing is a two way process and we want you to have the time and opportunity to get to know us, as much as we are getting to know you! Our interviews are conversational and we want to get the best from you, so come with questions and be curious. In general you can expect the below, following a chat with one of our Talent Team:

  • Stage 1 - 30 mins with one of the team
  • Stage 2 - Take home challenge
  • Stage 3 - 90 mins technical interview with two team members
  • Stage 3 - 45 min final with an executive and a member of the people team
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