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The role will involve working with underwriting units by undertaking internal processing of new and renewal business through the Company’s insurance and reinsurance systems (UWPF-FAB, MRET and BMS2.0) in order to deliver accurate system entries and files that support and are accessible to the business in a timely manner.
Key responsibilities
- Internal processing of new and renewal business as well as endorsements.
- Entering submissions into the system for clearing purposes.
- Create and maintain the electronic business file through Records Management (eBF) to ensure current, accurate documentation is accessible to the business.
General duties and tasks
- Setting up Large Single Risk policies and maintain quality of data in all underwriting systems.
- Reviewing slips, endorsements and other documentation received by the underwriting teams.
- Collaborate with GLISE accounting (RIA) and underwriters on credit control issues.
- Obtain copies of slips and other documentation for claims department as required.
- Set-up, maintain and update eBF for submissions, new and renewal business and endorsements. Ensure any incoming documentation (from any source) is identified and matched to the appropriate file(s).
- Perform quality control of system entries to ensure accurate data input.
- Support the underwriters with the quarterly and year-end process.
About you
Essential
- Excellent attention to detail - has the ability to recognise information needs and identify and utilise appropriate information sources. Persists in seeking information and adopts a variety of strategies. Questions, checks and evaluates information and sources.
- Communication - able to communicate information clearly and articulately both in oral and written form. Uses appropriate language, style and methods depending on audience and the purpose of communication. Anticipates the information that others will need.
- Action oriented – you take on new tasks, opportunities and challenges with a keen interest and an appetite to learn, and recognise the need to be flexible and adaptable to move things forward.
- Plans and aligns – you plan and prioritise your work to fit with deadlines and longer term goals and collaborate with others when necessary
- Self-development – you demonstrate enthusiasm by seeking new ways to grow and be challenged, through both formal and informal development channels.
Desirable
- Insurance or Reinsurance knowledge
- Knowledge of UWPF-FAB, BMS, Records Management (eBF) and Excel (intermediate)
Qualifications and educational requirements
- Insurance/Reinsurance knowledge and experience
- Keen to begin the Insurance Diploma
Benefits
You will be rewarded with a great compensation package, on target bonus, 25 days annual leave with the option to purchase more along with private medical insurance and employers' contributory pension of 10%.
About us
You will work in an environment where we think big: Change and culture are continuously role-modelled. We create and articulate a compelling and ambitious shared purpose, vision and direction. We pave the way towards success and see failure as learning.
You are going to experience that we care & dare: We are empathetic. We know when to lead and know when to let others lead. We attract, grow and coach future leaders. We communicate in a clear & authentic way: We interact with a positive and humble spirit. We solicit feedback, ask and listen, learn and unlearn.
You will grow with your clients: Whatever our role, we support business, in an efficient and effective way, to create value for our clients. We embrace new ways of working using digitalisation to deliver solutions.
We lead the We: We have a passion for winning and growing as a team. We inspire people to be capable of joint performance. We create an inclusive environment where different thoughts, generations, cultures and experiences are valued and encouraged.
Munich Re is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all our employees.
Apply now!
