Syndicate Operations Expert

3 weeks ago

London, Greater London, United Kingdom Travelers Full time
Senior Syndicate Operations Associate Role Overview

We are seeking a highly skilled and experienced Senior Syndicate Operations Associate to join our team in London.

About the Job

This is a key role within our operations department, where you will play a crucial part in supporting our underwriters and wider teams. Your expertise in London Market Underwriting or Operations will be essential in driving our success.

About You
  • You will have a strong background in operations, with experience working in a similar role in the insurance industry.
  • You will be highly motivated and able to work independently, as well as being comfortable working in a team environment.
  • You will have excellent communication skills, both written and verbal.
  • You will be detail-focused and able to maintain a high degree of accuracy in your work.
The Ideal Candidate

We are looking for someone who thrives in a fast-paced environment and is eager to tackle complex challenges. You should be able to use computers confidently and be comfortable working with a range of applications.

Salary and Benefits

The estimated salary for this role is £65,000 - £80,000 per annum, depending on experience. In addition to a competitive salary, we offer a range of benefits, including private medical insurance, a pension scheme, holiday entitlement, and a wellness programme.

Job Description

Key Responsibilities:

  • Perform data enrichment, importation, and geocoding of location-level risk data (Schedules of Values and Bordereaux), as well as data input of additional risk information required by Sequel Impact (where necessary to enable RMS modelling).
  • Analyse and monitor receipts for Schedules of Values and Bordereaux, performing exposure data capture (including data manipulation, cleansing, enrichment, and input).
  • Prepare underwriting/pricing exhibits in Benchmark Pricing (BMP) Tool for Underwriting loading pre bind.
  • Support underwriters with their renewal portfolio and collaborate with catastrophe risk modelling and other departments to ensure administrative tasks are carried out effectively.
  • Complete Front Sheets in preparation for Risk Entry and preparation of Null Decs in advance of offshore entry.
  • Assist with the completion of reports for GAAP, RDS, Pre Integrity, and Housekeeping, LEMP meetings, BRP meetings, ensuring all statutory and regulatory internal and external reporting deadlines are met.
  • Work towards dummy and actual month-end close and aggregate 'Roll Up', ensuring all signings and aggregate entries are completed. Any issues should be referred to a manager.
  • Support the delivery of training to the Offshore team and support the completion of any updates required for the Standard Operating Procedures.
  • Respond to queries from offshore operations in a timely fashion.
  • Perform quality assurance of work conducted by on and offshore team members, in particular BMP and Aggregate completion.
  • Achieve or exceed agreed timeliness and accuracy service level agreements within the Syndicate as outlined within the European Operation's Service Agreement document.

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