Underwriting Oversight Assistant

  • Location

    City of London, London

  • Sector:

    General Insurance

  • Job type:

    Permanent

  • Salary:

    £28000.00 - £30000.00 per annum

  • Contact:

    Teri Mortier

  • Contact email:

    tmortier@mbfitzgerald.co.uk

  • Job ref:

    BBBH2818_1614770306

  • Published:

    2 months ago

  • Expiry date:

    2021-04-02

  • Consultant:

    #

Role: Underwriting Oversight Assistant

A great opportunity for someone starting their career within the London Insurance Market. We are looking for a candidate that has gained some working experience within insurance to join this leading MGA to work within Underwriting oversight for their Lloyd's Syndicates

Profile:

  • To provide administrative support for the Independent Peer Review function including populating the database, preparing report templates and producing regular and ad hoc management reports
  • Assist the Underwriting Framework Manager in reviewing syndicate and MGA data for compliance with underwriting authorities, underwriting guidelines and provide reports for the Board.
  • Lead the monitoring of data quality on Client Syndicates/MGA underwriting and checking that the data has been recorded accurately on a weekly basis and compiling the results into a report. This includes liaising with clients on any underwriting authority breaches.
  • Monitor and record underwriting referrals to Underwriting Management received from Syndicates / MGAs.
  • Maintaining the Underwriting Control Framework Documentation across Syndicates/MGAs including SharePoint Sites and highlighting any documents that are outstanding or are due to be reviewed.
  • Assist in the production of regular and ad hoc management information reporting as required.

Experience required:

  • At least 6 months of insurance experience

  • Working in a similar role would be advantageous

  • knowledge of Lloyd's regulations would also be advantageous
  • Good level of numeracy and attention to detail

  • Good working knowledge of MS Office programs (particularly in Excel

  • Good academic qualifications GCSE grade B and above in Maths and English