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Delegated Underwriting & MI Technician

  • Location: City of London
  • Category: Underwriting Support
  • Salary: £35K / Annum
  • Reference: JO0000006937

Delegated Underwriting & MI Technician Salary - £35,000 Contract type - Permanent Job type - Full time Location - London Role overview Work within Delegated Underwriting team providing assurance that all forms of delegated underwriting are being underwritten, registered, processed, managed and audited in accordance with the agreed Delegated Underwriting and audit policies. Main Responsibilities: ·Pre & post contract checks for lead coverholders, binders, master policies and consortium (and lineslips where required) to ensure in line with Delegated Underwriting policy. ·Oversee ongoing due diligence of coverholders, brokers – including chasing brokers, Coverholders and relevant TOBA’s. ·Support the management team in undertaking new coverholder approvals, and applications to Lloyd’s where appropriate. ·Conduct Risk Coverholder Segmentation reviews. ·Draft direct dealing contracts & any endorsements as and when required/requested. ·Interaction with Atlas and BAR. ·Peer Review of contract checks as appropriate. ·Responding to Xchanging queries on direct business. ·Liaise with outsource partners and undertake sample peer review when required/requested. ·Provide assistance to underwriters as required in relation to other aspects of delegated underwriting including technical advice, coverholder approval and binding authority audit reviews. ·Scoping and review of audits for existing coverholders under the oversight of the DUA Audit Analyst. ·Organise the workflow management system and allocate it to the appropriate technician. ·Take ownership of the MI reporting process for DUM, working closely with the other technicians and Audit Analysts to run MI reports and assist with analysis. ·Provide commentary for internal committee reporting packs, regular regulatory reporting and ad-hoc MI requests from the business. ·Ownership of the collation of the Coverholder Committee pack and administrative activities associated with this committee. Skills and Experience: ·Experience of delegated authority practices, preferably at Lloyd's ·General insurance knowledge ·Experience of drafting and checking binding authority contracts ·LLMIT pass as minimum or part qualified CII (minimum Certificate level) an advantage ·Numerate and IT literate (preferably experience in Atlas, BAR and BDX) ·Strong knowledge of MS Excel is essential for this role. Person Specification: ·Positive attitude and strong team player ·Excellent attention to detail and accuracy ·Works well under pressure and short timescales ·Flexible and adaptable ·Confident and self motivated Ref 6937

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Technical Accountant

  • Location: City of London
  • Category: Underwriting Support
  • Salary: £40K / Annum
  • Reference: JO0000007061

One of the largest Reinsurance Companies worldwide is looking for a Technical Accountant / Processor to join their team

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Technical Assistant

  • Location: City of London
  • Category: Underwriting Support
  • Salary: £30K - £38K / Annum
  • Reference: JO0000007060

One of the largest Reinsurance Company worldwide is looking for a Technical Assistant to join their busy and established P&C Team

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Underwriting Operations Analyst

  • Location: City of London
  • Category: Underwriting Support
  • Salary: £25K - £30K / Annum
  • Reference: JO0000007045

UNDERWRITING OPERATIONS ANALYST TO £30,000 Leading Underwriting Agency based in the city are seeking an individual to join their busy Underwriting Team. Duties: ·Provide operational support for core business systems ·Carry out analysis and provide resolutions for operational queries and issues from other business functions (underwriters, finance, claims etc.) ·Support the Underwriting Operations Manager with change projects, documentation and other core activities in the Operations function ·Degree preferred ·Cert CII or knowledge and experience of the insurance industry to an equivalent level required (London and international) Ref 7045

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