About Pernix
Pernix is dedicated to enabling and supporting responsible and tangible investment and finance through the provision of Political Risk and Non-Payment insurance. Our experience allows us to understand the key risks faced by our clients whilst also looking to pioneer new approaches to risk selection and loss management.
Reports to CEO
Role Summary
The primary purpose of this role is to assist in the administration of the underwriting portfolio of insurance business for Pernix. The role is focused on ensuring the timely and accurate data capture in respect of business underwritten by Pernix in all core underwriting and aggregation systems.
The role will further include reviewing and maintaining the accuracy of all submission data captured, policy information and the company’s records with the ultimate goal of ensuring that Pernix and its capacity providers interests are properly managed and protected.
1. Underwriting Support
* Support the team in the underwriting process, including a daily underwriting review of submissions to ensure all data capture is accurate and up to date. This is a critical part of the role.
* Scan and accurately file all submission data and related documentary information, as provided by brokers and clients.
* Review the various underwriting and system generated reports on a regular basis so that you can become aware of unusual trends and/or adverse movements. These can then be escalated, and appropriate action taken to correct and improve erroneous or incomplete data.
* Assist and work with risk modelling pricing tools.
* Work closely with all Group departments and connected third parties to obtain and provide information as required.
* Build knowledge of market developments and become current in relevant classes of business.
* Ensure accuracy and integrity of underwriting data in underwriting systems.
* Adhere to Group underwriting procedures, controls and systems under remit, and any report trigger or alert factors that have the potential to negatively impact the reputation or financial position of the company.
* Prepare quotes, policies, and endorsements for review by the team in an accurate and timely manner.
* Ensure awareness of and compliance with internal and external underwriting regulations.
* Monitor and follow up on payments for outstanding premium, where appropriate.
* Help underwriters research and review enquiries in a timely manner.
2. Report Production
* Format information for internal and external communication. For example, prepare memos, letters, invoices, statements, and other documents.
* Assist with word processing, documentation, and database requirements.
* Manage and production of corporate presentations.
* Manage and production of internal and external presentations.
3. Team Support
* Produce timelines and supporting any active projects.
* Provide technical and administrative support to the team to ensure they are leveraging their underwriting time to the maximum.
* Develop procedures and practices that improve the team’s efficiency.
4. Calendar and Meetings
* Provide full diary management – organise internal and external meetings, ensuring effective administrative arrangements are in place to enable the meeting to run well, for example: book venues and meeting rooms, arrange IT equipment and catering and ensure invitations and notes are distributed in good time, liaise with clients, colleagues and PA/EAs.
* Coordinate schedules, meetings, and appointments.
* Arrange travel and book accommodation, as required.
* Organise, plan, and manage team events.
5. General
* Any duties your CEO or Line Manager asks you to carry out relevant to the role/time.
* Answer and direct telephone calls.
* Act as the point of contact among executives, employees, clients, and other external partners.
* Greet visitors and clients.
* Provide refreshments for the team and any visitors.
Minimum Qualifications, Skills & Experience
* Degree in a relevant field would be beneficial, but not essential.
* Numerate and analytical with strong attention to detail.
* Interested to build knowledge of Pernix products and territories.
* Prepared to work towards an insurance related qualification.
* Good organisational and analytical skills with an ability to prioritise and effectively manage workload while maintaining a high level of accuracy, professionalism, and confidentiality.
* Ability to support successful and timely delivery in a fast-paced environment.
* Personable and able to effectively communicate with teams within and external to the Pine Walk Group, including building and maintaining client and broker relationships.
* Team player with strong work ethic and a strong interest in the performance of the business.
* Ability to work flexibly to meet business needs, including outside of office hours as required. Proficiency in the Microsoft Office Suite of applications, as well as good experience with spreadsheets and database processing programs.