Senior Delegated Underwriting Analyst

2 weeks ago


London, United Kingdom Eden James Consulting Ltd Full time

Senior Delegated Underwriting Analyst

London

Negotiable Salary + Excellent Benefits

Our client is a Lloyd's Syndicate and (Re)insurer, known as a leader in the London Market, who highly value their staff whilst offering an exciting, dynamic and career driven culture, one where you will grow your skills, knowledge and career from the very first day

We are currently recruiting on their behalf for a Senior Delegated Underwriting Analyst, based at their office in the heart of London. The successful candidate will handle a range of different duties, including ownership of the Delegated Underwriting onboarding process, assisting with Delegated Underwriting compliance, and ensuring that the information is correctly and accurately recorded in the Binder Management tool, monitoring any exceptions.

Flexible working options are available with this role.

Key Responsibilities

  • Development, implementation and documentation of processes and controls for efficient handling of the Proportional accounts, ensuring processes are appropriately documented.
  • Assisting with establishing and maintaining a robust customer standards framework.
  • Supporting the work of the Delegated Underwriting Manager (DUM) in controlling and monitoring the syndicate’s Delegated Underwriting business.
  • Assisting with the completion of new Coverholder/DCA applications, and ensuring complete application information was collated for both Lloyd’s and Customer Relations Committee (CRC) approval.
  • Managing all Delegated Authority on-boarding, including the coordination of pre-inception due diligence.
  • Reviewing any Coverholder/DCA writing High Product business, and ensuring that the Coverholder/DCA understands Conduct Risk and the Insurance Distribution Directive.
  • Carrying out ongoing monitoring of Coverholders/DCAs, ensuring their compliance with reporting requirements, following up on any areas of non-compliance with Underwriters and Coverholders/DCAs.
  • Producing and presenting Management Information to various committees and senior execs.
  • Oversight of upload, maintenance and monitoring of all Risk, Premium, and Claims bordereaux in the binder management tool.
  • Oversight of the chasing and monitoring of any overdue bordereaux with Coverholders/DCAs and Brokers.
  • Assisting with the analysis of risk, premium and claims data, assessing the current credit control position, and raising any outcomes with Underwriters, Brokers, Coverholders and DCAs.
  • Oversight of the audit process.

Key Requirements

  • At least 6 years experience within a Delegated Underwriting Analyst role, or similar, within the Lloyd's / London Market.
  • Good knowledge of Lloyd’s and Delegated Authority processes, as well as knowledge of the Insurance Distribution Directive.
  • Excellent organisation and communication skills, both verbal and written.
  • Strong problem-solving skills, with the ability to analyse and process complex accounts and transactions.

Keywords: Underwriting Support; Underwriting Operations; Underwriting Analyst; Delegated Underwriting; Reinsurance Underwriting; Lloyd's Market; Lloyd's Syndicate; London Market

We do not retain any personal information without your permission. Please refer to our data protection policy on our official website for more information - www.edenjames.co.uk



  • London, United Kingdom Eden James Consulting Ltd Full time

    Delegated Underwriting Analyst London Negotiable Salary + Excellent Benefits Our client is a Lloyd's Syndicate and (Re)insurer, known as a leader in the London Market, who highly value their staff whilst offering an exciting, dynamic and career driven culture, one where you will grow your skills, knowledge and career from the very first day! We are...


  • London, United Kingdom Insight Recruitment Solutions Limited Full time

    A global (re)insurance company in London seeks a Delegated Underwriting Bordereau Analyst join their Operations department. Reporting to the Delegated Underwriting Manager in London, the Delegated Underwriting Bordereau Analyst's responsibilities includeownership of the bordereau process ensuring information is correctly and accurately recorded in the binder...


  • London, United Kingdom IPS Group Full time

    This is a great opportunity for an experienced Delegated Underwriting Manager to join a Global Insurer and lead a team of Senior and Junior analysts. You will be responsible for ensuring that the due diligence reviews of coverholders and Delegated Claims administrators are in line with company policy and procedures, provide support to the coverholder audit...


  • London, United Kingdom IPS Group Full time

    This is a great opportunity for an experienced Delegated Underwriting Manager to join a Global Insurer and lead a team of Senior and Junior analysts. You will be responsible for ensuring that the due diligence reviews of coverholders and Delegated Claims administrators are in line with company policy and procedures, provide support to the coverholder audit...


  • London, United Kingdom IPS Group Full time

    This is a great opportunity for an experienced Delegated Underwriting Manager to join a Global Insurer and lead a team of Senior and Junior analysts. You will be responsible for ensuring that the due diligence reviews of coverholders and Delegated Claims administrators are in line with company policy and procedures, provide support to the coverholder audit...


  • London, United Kingdom IPS Group Full time

    This is a great opportunity for an experienced Delegated Underwriting Manager to join a Global Insurer and lead a team of Senior and Junior analysts. You will be responsible for ensuring that the due diligence reviews of coverholders and Delegated Claims administrators are in line with company policy and procedures, provide support to the coverholder audit...


  • London,, UK, United Kingdom IPS Group Full time

    This is a great opportunity for an experienced Delegated Underwriting Manager to join a Global Insurer and lead a team of Senior and Junior analysts. You will be responsible for ensuring that the due diligence reviews of coverholders and Delegated Claims administrators are in line with company policy and procedures, provide support to the coverholder audit...


  • London, United Kingdom IPS Group Full time

    This is a great opportunity for an experienced Delegated Underwriting Manager to join a Global Insurer and lead a team of Senior and Junior analysts. You will be responsible for ensuring that the due diligence reviews of coverholders and Delegated Claims administrators are in line with company policy and procedures, provide support to the coverholder audit...


  • London, United Kingdom IPS Group Full time

    Job DescriptionThis is a great opportunity for an experienced Delegated Underwriting Manager to join a Global Insurer and lead a team of Senior and Junior analysts. You will be responsible for ensuring that the due diligence reviews of coverholders and Delegated Claims administrators are in line with company policy and procedures, provide support to the...


  • London, United Kingdom IPS Group Full time

    This is a great opportunity for an experienced Delegated Underwriting Manager to join a Global Insurer and lead a team of Senior and Junior analysts. Apply promptly! A high volume of applicants is expected for the role as detailed below, do not wait to send your CV.You will be responsible for ensuring that the due diligence reviews of coverholders and...


  • London, United Kingdom IPS Group Full time

    This is a great opportunity for an experienced Delegated Underwriting Manager to join a Global Insurer and lead a team of Senior and Junior analysts. The following information aims to provide potential candidates with a better understanding of the requirements for this role.You will be responsible for ensuring that the due diligence reviews of coverholders...


  • London Area, United Kingdom IPS Group Full time

    This is a great opportunity for an experienced Delegated Underwriting Manager to join a Global Insurer and lead a team of Senior and Junior analysts. You will be responsible for ensuring that the due diligence reviews of coverholders and Delegated Claims administrators are in line with company policy and procedures, provide support to the coverholder audit...


  • London Area, United Kingdom IPS Group Full time

    This is a great opportunity for an experienced Delegated Underwriting Manager to join a Global Insurer and lead a team of Senior and Junior analysts. You will be responsible for ensuring that the due diligence reviews of coverholders and Delegated Claims administrators are in line with company policy and procedures, provide support to the coverholder audit...


  • London Area, United Kingdom IPS Group Full time

    This is a great opportunity for an experienced Delegated Underwriting Manager to join a Global Insurer and lead a team of Senior and Junior analysts. You will be responsible for ensuring that the due diligence reviews of coverholders and Delegated Claims administrators are in line with company policy and procedures, provide support to the coverholder audit...


  • City of London, United Kingdom Brook Street Full time

    Do you have experience of Delegated Underwriting in the Lloyd's Insurance Market? Our client has a new opportunity to work within their 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...


  • City of London, United Kingdom Brook Street Full time

    Do you have experience of Delegated Underwriting in the Lloyd's Insurance Market? Our client has a new opportunity to work within their 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...


  • City of London, Greater London, United Kingdom Brook Street Full time

    Do you have experience of Delegated Underwriting in the Lloyd's Insurance Market? Our client has a new opportunity to work within their 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...


  • London, Greater London, United Kingdom Ascot Group Full time

    Job Purpose: To be a member of the DA Management team and provide quality assurance, due diligence, and administration support on all forms of delegated underwriting business at Ascot. All other responsibilities as set out below. Detailed Duties: Ensure the underwriting and issuance of all forms of delegated underwriting business is carried out in accordance...


  • London, United Kingdom Ascot Group Full time

    Job Purpose: To be a member of the DA Management team and provide quality assurance, due diligence, and administration support on all forms of delegated underwriting business at Ascot. All other responsibilities as set out below. Detailed Duties: Ensure the underwriting and issuance of all forms of delegated underwriting business is carried out in...


  • London, United Kingdom Brook Street Full time €55,000

    Do you have experience of Delegated Underwriting in the Lloyd's Insurance Market? Our client has a new opportunity to work within their 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...