Senior Underwriting Support Analyst

13 hours ago

London, Greater London, United Kingdom Oliver James Associates Ltd. Full time
About the Role

We are seeking a highly skilled Senior Underwriting Support Analyst to join our team at Oliver James Associates Ltd. in London.

This is an excellent opportunity for a motivated individual with experience in delegated authorities within the insurance industry, particularly in the Lloyd's market, to take on a key role in implementing and managing delegated authority arrangements.

The successful candidate will have extensive knowledge of delegated authorities, due diligence, and audit management, as well as strong analytical, written, and communication skills.

The salary for this position is estimated to be around £60,000 per annum, depending on experience.

Key Responsibilities:

  • Support Underwriters and stakeholders by ensuring due diligence and ongoing monitoring of new and existing delegated authorities.
  • Implement the audit policy and manage the annual audit program for Coverholders and DCAs.
  • Prepare governance reports and insights regarding delegated authority arrangements, discussing KPIs with Underwriting teams.
  • Administer the review process for all binding authorities, lineslips, and DCAs.
  • Produce regulatory and Lloyd's returns, ensuring actions from market reviews are embedded within the organization.
  • Build and maintain strong relationships with all business units, particularly Underwriting teams.
  • Attend Delegated Underwriting Managers forums and other market seminars/workshops as needed.
  • Coordinate internal/external audit reviews and support ad hoc Delegated Authority projects.
  • Oversee outsourced resources managing Bordereaux data capture and EPI monitoring, assisting with queries as necessary.

Requirements:

  • Extensive experience in Delegated Authorities roles within an insurance company, ideally in the Lloyd's market.
  • Strong attention to detail and excellent due diligence and investigative skills.
  • Exceptional analytical, written, and communication skills.
  • Ability to develop and coach junior team members.
  • Excellent organization and time management skills.
  • Strong interpersonal skills to communicate effectively at all levels.
  • Proficient in IT, particularly with third-party Lloyd's management systems (e.g., DCOM, DAM, Lineage).
  • Strong Excel skills.

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