Junior Underwriter (Entry-Level Position)

Prokopius, UAB

Details
Highlights
Company

Prokopius (Prokopius Underwriting Agency, Lithuania) is an official Lloyd’s Coverholder, authorized to underwrite insurance risks (enter into contracts of insurance) on behalf of the world’s most recognized insurance organization Lloyd’s. We underwrite risks and distribute specialized insurance products across Central Eastern Europe region.

Primary Responsibilities

Review, evaluate and price submissions by applying sound underwriting judgment and adhering to company policy and state regulations within established authority
Determine the terms and conditions of the insurance contract (insured events, exclusions, special conditions), produce and process insurance contract documentation ensuring compliance with internal and external regulations and guidelines
Provide an advanced level of submission review and analysis of complex cases, write detailed risk descriptions and arguments for special acceptance correspondence and negotiations with an Insurance Undertaking
Assist with the review and analysis of the portfolio to evaluate progress toward business objectives and proactively identify opportunities, areas for development and improvement

Preferred Competencies/Skills

High proficiency in English language
Follow established guidelines to focus on details and complete tasks attentively and thoroughly
Communicate information in a clear, well-organized, and professional manner
Understand customer needs and goals actively look for ways to meet them
Accept responsibility for one's decisions and actions
Escalate issues when necessary
Show drive and initiative
Be a willing, effective, and efficient learner
Demonstrated interest in enhancing knowledge; seeks opportunities to learn and grow
Use multiple resources to gather and review information and use logic to address work-related issues and problems
Ability to retain and apply large amounts of new information and techniques to achieve desired results

We offer

Employer's aspiration and efforts to train employees to be the best all-round specialists in the field of insurance
Flexible working hours (compatible with studies)
Hybrid, remote or in office work options