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Underwriting Support Specialist

2 months ago

London, Greater London, United Kingdom Kentro Capital Full time

Kentro Capital is actively looking for a dedicated and detail-oriented Underwriting Support Specialist to deliver technical assistance in the oversight of underwriting contracts. The successful candidate will be instrumental in upholding market standards, ensuring compliance with binder requirements, and adhering to internal best practices.

  • Provide exceptional technical and administrative assistance for both new and existing underwriting contracts
  • Draft and evaluate underwriting contracts to align with internal standards and regulatory guidelines
  • Document and manage any modifications to underwriting contracts
  • Support approval and registration processes utilizing various industry tools
  • Oversee Coverholder approvals and compliance with Lloyd's regulations
  • Conduct system evaluations to guarantee accuracy and adherence to compliance
  • Maintain underwriting contract manuals and centralized databases
  • Prepare risk/written bordereaux and aid in audit processes
  • Generate reports and management information for key stakeholders
  • Establish trusted relationships with Underwriters and Directors
  • Engage in continuous professional development and meet annual objectives
  • Report to the line manager regarding matters beyond authority

Qualifications:

  • Highly organized and self-driven
  • Outstanding communication and problem-solving abilities
  • Capability to perform under pressure and meet deadlines
  • Proficient in Microsoft Office suite
  • Prior experience in a comparable role
  • Understanding of binders and delegated authority practices
  • Familiarity with Lloyd's and London Market tools
  • Preference for experience in Broker-owned MGA or independent MGA

Perks:

  • Discretionary bonus
  • Private medical insurance & 50% gym discount
  • Life insurance
  • 25 days of vacation plus an additional day off for your birthday
  • Non-contributory pension plan