Underwriting Performance Analyst

1 month ago


London, Greater London, United Kingdom Meredith Brown Associates Full time

Job Summary:

Meredith Brown Associates is looking for a skilled Senior Associate, Operations to join our team. The successful candidate will have a strong background in insurance operations and be able to analyze complex data to drive business growth.

Key Responsibilities:
  1. Underwriting Performance: Monitor and analyze underwriting performance against plan, investigate deviations, and ensure adherence to agreed line size, licensed territories, and other terms.
  2. Delegated Underwriting: Maintain, analyze, and report on bordereaux and management thereof, ensure reporting performance of Coverholders, and oversee accuracy and completeness of information required for Atlas or DCOM.
  3. Outwards Reinsurance: Maintain a detailed central reinsurance contract database, monitor accuracy and completeness of reinsurance documentation, and assist in the coordination of LORS signings and premium messaging.
  4. Claims: Review claims systems and data, produce claims management information.
  5. Policies / Procedures: Produce and maintain operations process documentation, review underwriting-related policies and procedures, and coordinate updates to Underwriting Guidelines.
  6. Controls: Ensure adherence to key underwriting controls, operational monthly and quarterly controls, and work closely with Finance and Reserving teams.
  7. Reporting: Assist in the production of internal committee and working group reports and review key Lloyd's Returns.
  8. Audit: Coordinate internal and external audits from an operations perspective.

Requirements:

  • Bachelor's degree in a relevant field or related discipline.
  • 5 years of relevant work experience in Insurance or Financial Services. Experience in (re)insurance or Lloyd's is a plus.
  • Advanced skills in data manipulation and analysis. Experience with technical tools and languages such as Power Query, SQL, and Python for data querying, analysis, and automation.

Benefits:

  • Competitive salary: $80,000 - $110,000 per annum, depending on experience.
  • Excellent benefits package.
  • Opportunities for career growth and professional development.


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