DA Underwriter Coordinator

3 weeks ago

London, Greater London, United Kingdom Kentro Capital Full time
Job Overview

Kentro Capital seeks a highly organised and self-motivated DA Technician to support the business in managing underwriting agreements, providing technical guidance, and recommending controls to uphold market standards and ensure binder requirements are met.

The DA Technician will be responsible for:

  • To provide high-quality technical and administrative support to the business in relation to the management of new and existing underwriting agreements.
  • To draft and review underwriting agreements in accordance with internal standards and contractual and regulatory requirements.
  • To ensure any changes to underwriting agreements are documented and processed accordingly.
  • To assist with the approval and registration process of underwriting agreements using various Lloyd's and London Market tools.
  • To assist with Coverholder approvals and ongoing Lloyd's compliance/due diligence requirements.
  • To carry out system testing (UAT) to ensure new underwriting agreements have been programmed correctly.
  • To be responsible for the creation and upkeep of underwriting agreement manuals and other centrally held files.
  • To be responsible for the accurate and timely upkeep of the master underwriting agreement list/central database.
  • To assist in the risk/written bordereaux preparation process for review by Directors/Department Heads.
  • To assist with the coordination and organisation of capacity provider/carrier partner audits.
  • To be responsible for the updating of internal trackers and other reporting mechanisms.
  • To produce reports/MI to assist key stakeholders in the management and oversight of underwriting agreements.
  • To respond quickly to ad-hoc requests from external and internal contacts alike.
  • To deal with multiple complex requests with similar priority and be able to take a pragmatic approach to the prioritisation.
  • To build and develop trusted relationships with Underwriters and Directors/Department Heads.
Salary Information

$60,000 - $80,000 per annum, dependent on experience and qualifications.

Required Skills and Qualifications

To be considered, candidates must have:

  • Highly organised and self-motivated.
  • Ability to work under pressure as part of a small team.
  • Excellent communication skills.
  • Attention to detail and deadlines.
  • Ability to filter information, assess priorities and make informed decisions.
  • Ability to maintain and develop good working relationships at all levels.
  • Accurate record keeping.
  • Confident and able to work on own initiative and with limited supervision.
  • IT literacy including advanced skills in Word, Excel, PowerPoint, Outlook and other Microsoft Office applications.
  • Excellent problem-solving skills.
  • Proven track record in a similar role.
  • Knowledge of binders and delegated authority practices.
  • Experience of Lloyd's and London Market tools.
  • Previous experience within either an independent or Broker-owned MGA preferred.
  • Broker technician experience advantageous.
Benefits
  • Discretionary bonus.
  • Private medical & 50% gym discount.
  • Life assurance.
  • 25 days of holiday plus an extra day off on your birthday.
  • Non-contributory pension scheme.

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