Senior Underwriting Authority Portfolio Specialist

3 weeks ago


City Of London, United Kingdom White Bear Full time

Main purpose of the role:


Support the management and monitoring of the Delegated Underwriting Authority (DUA) portfolio, as required by the DUA Manager and Chief Underwriting Officers of both trading platforms.


Key responsibilities:


• Carry out due diligence to ensure delegated authority contracts are within risk appetite standards, meeting necessary requirements, including regulatory compliance.


• Contribute to the review of Binding Authority contracts on behalf of White Bear Group's Lloyd's Coverholder, and engage with brokers where necessary.


• Support the DUA Manager in the effective due diligence and management of all aspects of new coverholder applications to Lloyd's.


• Collaborate with other internal teams to resolve day-to-day queries.


Key skills:


• Ability to work independently and consult appropriately.


• Strong organisation, accuracy, and attention to detail.


• Excellent communication skills, both verbal and written.


Key technical skills:


• In-depth experience of managing Lloyd's coverholder relationships and associated processes and regulations.


• Good understanding of Coverholder and Bordereaux systems.


• Ability to effectively engage with internal and external stakeholders of all levels, providing technical expertise and guidance on all aspects of DUA business and processes.



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