Underwriting Support Manager, Reinsurance

1 week ago

London, Greater London, United Kingdom Convex Insurance Full time

This job is brought to you by Jobs/Redefined, the UK's leading over-50s age inclusive jobs board.

Underwriting Support Manager, Reinsurance

Department: Underwriting - Reinsurance

Employment Type: Permanent

Location: London, UK

Description

The purpose of this role is to assist the Reinsurance Underwriting Heads in the delivery of high-quality client services and support them in the day-to-day management of their underwriting teams. This role sits within Underwriting Operations and requires a collaborative, team-oriented approach, as well as a service mindset and excellent stakeholder engagement. Acting as the point of contact for the Reinsurance Line of Business Heads, you help drive and coordinate strategic initiatives while maintaining an efficient operational workflow in support of the company strategy. You will report to the Reinsurance Technical Operations Lead and the Head of Underwriting Support. While this role is situated in London; Reinsurance operates under a so-called "One Re" model, therefore this role spans across both the Bermuda and London platforms.

Key Responsibilities

  • Day-to-day management of the Underwriting Support Assistant (USA) resource assigned. This includes maintaining optimum resource adequacy, identifying training & development needs and performance management in conjunction with the outsource provider
  • Oversee department operations such as submission, submission flow management, policy endorsements, renewal processing and associated housekeeping activity
  • Participate in the planning and forecasting process with the respective Line of Business leaders
  • Help ensure our underwriting is in compliance with operational regulatory matters, such as TRIA, GAREAT and that Convex is able to meet its operational regulatory reporting obligations
  • Coordinate line of business specific operational projects or initiatives and liaise with relevant cross functional teams in order to secure the resources required to execute
  • Act as the main point of contact and triage for any cross functional requests, which may include any requests and queries related to data used for outwards reporting, outwards reinsurance, compliance, or financial close
  • Close collaboration with our strategic outsourcing partners
  • Provide support to Underwriting Management ensuring that Underwriting Guidelines are adhered to and underwriting controls are performed
  • Monitoring of underwriting dashboards including exception and performance reporting
  • Work in accordance with the Convex Values and Service Standards
  • Each Underwriting Support Manager (USM) is tasked with a secondary responsibility. The main aim of this is to provide exposure to an aspect of the business outside of your "business as usual" responsibilities and to assist with your individual development. Examples hereof are:
    • Act as underwriting representative on a strategic mission/project
    • Be the dedicated Underwriting Operations point of contact for a Convex legal entity or Function
    • Attendance at committee/steering group and mutual sharing of information between Underwriting Operations and external teams
    • Management of outsourced/third party teams such as the USA pool

Skills, Knowledge and Expertise

  • Reinsurance underwriting operations experience within the London Market (preferably with an IUA bureau carrier), including people management and expertise with systems and tools such as the IMR, PPL, Whitespace and ADEPT
  • A good insight into the reinsurance industry, ideally across a variety of lines of business
  • Adept at problem solving and identifying and implementing practical solutions
  • Skilled at managing and communicating with multiple stakeholders effectively
  • Thrive in a fast-paced environment, working with speed and accuracy and an ability to prioritise effectively, particularly during times of pressure
  • Ability to use good discretion in working to resolve process or performance issue to ensure the success of our outsourcing model
  • Use your continuous improvement mindset to deliver a high level of service to relevant stakeholders

Benefits

  • 30 days Annual Leave
  • Birthday Leave
  • 10% Employer Pension Contribution
  • Private Health Insurance Medical Cover
  • Life Assurance Cover
  • Enhanced Parental Leave
  • Annual Health Check
  • 3 days of Volunteer Leave each year
  • 10 days of help with care (elder/ childcare) through Bright Horizons
  • Give as You Earn
  • Cycle to Work
  • Season Ticket Loan
#J-18808-Ljbffr

  • Reinsurance Underwriter

    1 week ago

    London, Greater London, United Kingdom Everest Re Group, Ltd. Full time

    Title:Reinsurance Underwriter - Global SpecialtiesCompany:Everest Advisors (Uk), Ltd.Job Category:UnderwritingJob Description:It's an exciting time for Everest Re Group, Ltd. ("Everest") As we continue our journey, we see significant opportunity ahead of us to expand our reach, build diversity, and enhance our capabilities in critical markets.Everest is a...

  • Reinsurance Underwriter

    1 month ago

    London, Greater London, United Kingdom Everest Insurance Full time

    Title:Reinsurance Underwriter - Global SpecialtiesCompany:Everest Advisors (Uk), Ltd.Job Category:UnderwritingJob Description:It's an exciting time for Everest Re Group, Ltd. ("Everest") As we continue our journey, we see significant opportunity ahead of us to expand our reach, build diversity, and enhance our capabilities in critical markets.Everest is a...

  • Underwriting Support Manager

    1 week ago

    London, Greater London, United Kingdom Avencia Consulting Full time

    About usOur client is an international speciality insurer and reinsurer with offices in London, Bermuda, Luxembourg and Guernsey. They have brought together some of the best, brightest and most experienced re/insurance people to create an organisation built around the needs of their clients, not themselves. They are focused on creating a positive environment...

  • Underwriting Operations Assistant

    1 week ago

    London, Greater London, United Kingdom Apollo Underwriting Full time

    Your Role:As an Underwriting Operations Assistant, you play a crucial role in supporting various Apollo Underwriting teams, such as ibott 1971's Innovation team and Managing Agency Services (MGA) team.This position offers you the chance to make an immediate impact by ensuring operational excellence and resilience in underwriting teams, while also ensuring...

  • Assistant Underwriter: Financial Risks Reinsurance

    1 week ago

    London, Greater London, United Kingdom Liberty Specialty Markets Full time

    General information:City:London, UKCountry:United Kingdom of Great Britain and Northern IrelandCreation Date:05-Feb-2024Employment Type:PermanentEmployment Type:Full timeRef #:Description & Requirements:Role Title:Assistant Underwriter**Department:Reinsurance Specialty**Team: Financial Risks ReinsuranceLocation:London**Type:Permanent**About the Role:Provide...

  • Reinsurance Underwriting Assistant

    1 week ago

    London, Greater London, United Kingdom Hays Specialist Recruitment Limited Full time

    Underwriting Assistant Your new company A leading independent reinsurance group with an international presence based in the heart of the City of London. The team you will be joining will be focused on Energy and Property reinsurance business on a global scale. The business is currently going through a transformation process, presenting a very interesting...

  • Reinsurance Technician

    5 days ago

    London, Greater London, United Kingdom Apollo Underwriting Full time

    Your Role:As our team keeps growing successfully, we are on the lookout for an Outward Reinsurance Technician to come on board and contribute to our expansion. This exciting opportunity involves supporting reinsurance technical accounting processes and handling the production of essential information for management purposes and reinsurance submissions.What...

  • Senior Underwriter, Reinsurance

    1 week ago

    London, Greater London, United Kingdom QBE Insurance Group Full time

    Senior Underwriter, Reinsurance - Accident & Health page is loaded Senior Underwriter, Reinsurance - Accident & Health Apply locations GBR - London time type Full time posted on Posted 2 Days Ago job requisition id Primary Details Time Type: Full timeWorker Type: EmployeeWe are hiring – your career at QBE, let's make it happen We are currently hiring...

  • Reinsurance Underwriting Assistant

    4 weeks ago

    City Of London, UK, Central London, United Kingdom Hays Full time

    Your new companyA leading independent reinsurance group with an international presence based in the heart of the City of London. The team you will be joining will be focused on Energy and Property reinsurance business on a global scale. The business is currently going through a transformation process, presenting a very interesting opportunity and a great...

  • Reinsurance Underwriting Assistant

    3 weeks ago

    City Of London, UK, Central London, United Kingdom Hays Full time

    Your new companyA leading independent reinsurance group with an international presence based in the heart of the City of London. The team you will be joining will be focused on Energy and Property reinsurance business on a global scale. The business is currently going through a transformation process, presenting a very interesting opportunity and a great...

  • Senior Reinsurance Underwriting Assistant

    1 week ago

    London, Greater London, United Kingdom AMC Insurance Appointments Ltd Full time

    An opportunity for an analytical individual with excellent communications skills and strong Excel ability to join a lively and professional Reinsurance Team.This is an excellent opportunity to join a really great R/I Operations team who work very closely with underwritersHybrid working pattern available

  • Reinsurance Technician

    1 week ago

    London, Greater London, United Kingdom Eames Consulting Full time

    Reinsurance TechnicianLondonEames are currently in partnership with a leading Lloyd's syndicate on the appointment of a Reinsurance Technician.The successful individual will play a vital part within the whole Outwards Reinsurance processes.Duties include: Assist with the Covernote process and entry into the underwriting systems Support the management and...

  • Reinsurance Technician

    3 weeks ago

    London, Greater London, United Kingdom STERLING SEARCH Full time

    I am working with a newly formed insurer based in the City who are seeking a Reinsurance Technician.Is this the role you are looking for If so read on for more details, and make sure to apply today.You will be supporting the Reinsurance Manager with the assessment of reinsurance producing data, and will be responsible for managing all the admin associated...

  • Reinsurance Technician

    1 month ago

    London, Greater London, United Kingdom STERLING SEARCH Full time

    I am working with a newly formed insurer based in the City who are seeking a Reinsurance Technician.Is this the role you are looking for If so read on for more details, and make sure to apply today.You will be supporting the Reinsurance Manager with the assessment of reinsurance producing data, and will be responsible for managing all the admin associated...

  • Reinsurance Outsourced Operations Manager

    3 weeks ago

    London, Greater London, United Kingdom Expertise Group Full time

    Our reinsurance industry client, with international operations, is seeking a Reinsurance Outsourced Operations Manager to join their team.There has been a recent change to company's business process outsourcing (BPO) company which carries out the following processes: binding contracts, collateral, cession reporting, credit control. The new role of...

  • Senior Underwriter, Reinsurance

    1 week ago

    London, Greater London, United Kingdom QBE Insurance Full time

    Primary Details Time Type: Full-time Worker Type: Employee We are currently seeking a Senior Underwriter to join our Accident & Health team in London at QBE. - The portfolio includes 4 sub-portfolios: Treaty, Direct & Facultative, Sports, and International Medical Expenses With hybrid office working and amazing benefits including 30 days holiday, you will be...

  • Reinsurance Broker

    7 days ago

    City Of London, UK, Central London, United Kingdom City & Commercial Insurance Group Full time

    Company Description The City & Commercial Insurance Group is a group of insurance-based businesses located in City Of London. We provide a range of expertise, business propositions, and services to corporate, commercial, and retail insurance customers. Our dedicated teams work together to deliver exceptional insurance solutions and meet the unique needs of...

  • Assistant Underwriter

    1 week ago

    London, Greater London, United Kingdom Aspen Insurance Holdings Full time

    Reference: ASPUKRS00046, EnglandPermanent - Full TimeAbout us:Since Aspen was founded in 2002, we have become a leading, diversified specialty insurance and reinsurance company. We respond thoughtfully and creatively to find the best outcomes for our clients and business partners through carefully-tailored solutions. We believe the way we work is just as...

  • Underwriting Risk

    1 week ago

    London, Greater London, United Kingdom Faraday Full time

    General Re Corporation, a subsidiary of Berkshire Hathaway Inc. , is a holding company for global reinsurance and related operations. Its direct reinsurance companies conduct business as Gen Re. Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries. Represented in all major reinsurance markets through a network...

  • Assistant Underwriter/Underwriter

    1 week ago

    London, Greater London, United Kingdom Carbon Underwriting Limited Full time

    Position: Assistant Underwriter Start date: Immediate Role type: Permanent, full time Job Description: The Assistant Underwriter will play a crucial role in supporting the underwriting team in evaluating and assessing insurance applications. The Assistant Underwriter will work closely with Underwriters to gather and analyse information, assess risks, and...