Aviation Underwriting Support

INTRODUCTION

elseco is a high technology specialty insurance underwriting agency and Lloyd’s Coverholder. elseco underwrites on behalf of 50 insurance and reinsurance companies including Lloyd’s syndicates. elseco is headquartered in the Dubai International financial Centre (Dubai, UAE) and is regulated by the Dubai Financial Services Authority. The company employs some 100 professionals with regulated offices in London, and Washington DC. The company started 19 years ago with space insurance and has since diversified into aviation and energy insurance as well. elseco’s latest evolution is the development of its technology “Platform”, namely “ATOM”. It sits at the very core of the company and is seen as business critical to the company’s future success and growth plans.

JOB PURPOSE / MANDATE:

Reporting to the Support Team Manager, the Underwriting Support Team employee will handle a wide range of administrative, processing, and procedural tasks, helping to coordinate within the company, working alongside underwriters, finance and claims team and making sure all deadlines and applicable policies and procedures are met.

SPECIFIC DUTIES AND RESPONSIBILITIES:

• Processing Aviation slips in elseco Operating System.

• Managing accounting aspects e.g., Handling Closings(Credit Notes), premium tracking and reconciliation, premium booking, premium ageing, and related systems updates.

• Firm order documents signing and filing including sending to the broker/cedant

• Endorsements’ handling including signing, premium related aspect entry in elseco Operating System and electronic filing.

• Cash clearing preparation and liaison with Elseco Finance department for reconciliation if applicable.

• Reporting activities and Bordereaux handling as may be applicable.

• Any other tasks assigned by the Team Manager.

REQUIRED EXPERIENCE AND CAPABILITIES:

• Minimum of 3 years’ relevant experience in Insurance accounts, underwriting and claims support administration

• Qualification: Degree or diploma in a financial, math’s or accounting related subject or professional qualification in insurance, for eg. from the CII

• Computer literacy: Microsoft office

• Highly numerate

• Access, SQL and VBA knowledge is a plus

• General attitude: problem solver, self-driven and motivated to get a job done well.

The role requires to be confident and to have the ability to operate in a dynamic and multicultural environment

• Communication: perfect English is a must. Articulate. Ability to communicate to all levels well

• Written and verbal communication in one either French or German or Spanish would be an advantage.

• Attention to detail, good judgement, and a hands-on approach are required

• Team player and willingness to get on and succeed.