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Senior Delegated Underwriting Technician

Allied World

City of London

On-site

GBP 40,000 - 60,000

Full time

30+ days ago

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Job summary

A leading insurance provider in the City of London is seeking a Senior Delegated Underwriting Technician. The role involves onboarding Coverholders, performing compliance and contract reviews, and managing a diverse portfolio. The ideal candidate is articulate, detail-oriented, and possesses strong communication skills. This position offers the opportunity to interact with senior management and contribute to a collaborative team environment.

Qualifications

  • Articulate, flexible, and self-motivated individual.
  • Strong quantitative skills and ability to prioritize tasks.
  • Professional demeanor and collaborative interaction with management and colleagues.

Responsibilities

  • Onboarding of Coverholders and review of risk assessments.
  • Perform compliance and contract reviews on BAAs.
  • Oversight of management information for reporting.
  • Manage monthly Underwriting Team meetings.

Skills

Communication skills
Attention to detail
Project management
Ability to meet deadlines

Tools

Microsoft Office
Job description

Job Description - Senior Delegated Underwriting Technician (2500005S)

Job Description

Senior Delegated Underwriting Technician - ( 2500005S )

Description
Duties and Responsibilities
  • Onboarding of Coverholders, to include the review of P&Ps, Regulatory permissions & Risk Assessment.
  • Contract Review: Perform general compliance review of the BAAs
  • Contract Review: Perform contract certainty and tax/regulatory checks on BAAs.
  • Wording reviews: Undertake PBQA of wordings for aligned products
  • Control Framework: Assessment and monitoring of allocated portfolio(s) in relation to the Control Framework.
  • Audit: Schedule, scoping and follow-up of resolution of recommendations of allocated portfolio(s).
  • Mid-Term Reviews: Manage MTR meetings for allocated portfolio(s)
  • Conduct: Provide support to underwriters & Product Governance Manager with the completion of conduct assessments & associated reviews of allocated portfolio(s).
  • MI Reporting: Oversight of management information of allocated portfolio(s) for reporting to local Committees and Boards.
  • Portfolio Management: Ensure accurate data completion for oversight and reporting for allocated portfolios of business.
  • Liaising as necessary with the Underwriters, Compliance, Finance and Claims teams on relevant matters.
  • Manage allocated Underwriting Team meetings on a monthly basis.
  • Undertake peer review of Coverholder and contract reviews.
  • Assist with ad-hoc projects when required by the Delegated Underwriting Manager
Qualifications
Person Specification
  • Must be articulate, flexible and self-motivated.
  • Highly developed communication skills.
  • Strong attention to detail and quantitative skills.
  • Ability to work to deadlines and prioritize tasks.
  • Professional and approachable with a “can-do” attitude to successfully interact with senior management/colleagues/external suppliers.
  • The ability to manage projects, meet deadlines and prioritize effectively.
  • A good working knowledge of the Microsoft Office suite is ideal
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