Description Job Purpose: To provide complete underwriting support for the Binders underwriting team. Detailed Duties: Underwriting To sign documents within agreed individual underwriting authority limits When writing outside of your authority ensure relevant sign off is scanned to S2000 in appropriate timeframe. Assist Underwriters with scanning of other signoffs where necessary. Assist with ensuring downgrade clauses comply with Ascot’s policy and highlighted correctly on front sheet. Ensure RI purchase procedures are complied with. Be present at all stages of the insurance broke Ensure mandatory risk details are entered correctly onto S2000 Ensure insured name is correct Completion of Electronic Front sheet (EFS) and underwriting notes Ensure inclusion of technical premium and rate movement onto S2000 Make sure relevant documentation is scanned against S2000 reference Assist with loss ratio analysis on individual accounts Support Underwriting Team in ensuring overall Syndicate SLA’s are maintained 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. SLAs for slips and endorsements Assist with Lloyds licencing requirements Send relevant slips for pre-bind check and follow up any fails that may occur with the underwriter/broker Assist with completion of sanctions checks Completion of annual compliance training Compliance bulletin review and action Facultative Reinsurance Purchasing Assist with the purchasing of reinsurance placements and any issues that may arise. Make sure that any endorsements that affect the facultative reinsurance are notified to the relevant team Renewals Prepare renewals in advance Ensure that all renewals are actioned including all non-renewed premiums Aggregates Check that there is available aggregate prior to quoting. Ensure all schedules are available and passed to Capita at the time of underwriting Where required chase the broker for outstanding schedules Attendance Attendance at the monthly administration and Claims meetings when required Credit Control Review the weekly credit control report and action. For risks over 31 days overdue refer to the underwriter. When applicable send relevant comments on the chasing of premium to Xchanging. Review inward XL premium adjustments. Action notice of cancellations on permanent covers Workflow Management Review of partial policies Un-scanned slips Promised lines Quotations Reporting Claims data - reporting discrepancies between submissions and S2000 data Aggregation reports Quarterly class reports UMC Reports Review and action of exception reports including over and undersigned lines Client Management Attend client and broker meetings. Take notes and publishing to S2000, when required. Ensure action points are followed up. Facility Management Ensure all facilities entered are ‘monitored’. Ensure all cash declarations entered for entire cover period contain the relevant Settlement Due Dates (SDD). Chase and process relevant bordereaux’s Reconciliation of estimated premium to actual Review of signed premium against estimated premium Assist in scanning of delegated underwriting form. Query Resolution Slips within SLA Endorsements Aggregation USM’s BST Capita Working Knowledge of Systems IMR Crystal/Lloyds QA Tool S2000 (Subscribe) Swordfish Provide data for competition of Terrorism returns ATIA (Australia) GAREAT (France) Other duties Ad-hoc duties as directed by line management. Implementation of new procedures.