Underwriting Support Analyst

Location London
Discipline: Underwriting
Job type: Permanent
Contact email: matthew@weareedenbrook.com
Job ref: J3613
Published: over 2 years ago
Underwriting Support Analyst London – Flexible hybrid working Up to £40,000 Reporting to the head of Underwriting Management, a leading Reinsurance Group are seeking an Underwriting Support Analyst to support on reporting, controls, operations and processing in relation to business underwritten by Syndicate and International Distribution Companies. Key Responsibilities & Accountabilities: • Assist in the internal and external reporting to support Syndicates, including the production and analysis of regular reports and the development and enhancement of reporting tools. • Prepare standard and ad-hoc reports and KPIs for the Underwriting & Claims Sub-Committee and the Independent Reviewers. • Assist in co-ordinating and completing PMD, ATIA and GAREAT and other similar regulatory returns. • Manage the recording of Employers’ Liability policies on Syndicate systems and the subsequent regulatory reporting to the Employers’ Liability Tracing Office (ELTO) and respond to related queries received and issues identified. • Assist with relevant reports: Lloyd’s, the PRA/FCA and internal and/or external project initiatives. • Assist in maintaining Lloyd’s policy administration systems. • Familiarity of Subscribe/S2000 an advantage but not essential. • Assist in responding to underwriting audits by Lloyd’s, external auditors, the London Hub and the wider Group including the preparation and presentation of required underwriting information. • Maintain relevant underwriting management procedures and processes, including those applicable to the International Distribution Companies. • Assist with the annual self-assessment of, and ongoing adherence to, Lloyd’s Minimum Underwriting Standards. You will need to be able to display you have the following qualifications and experience: • Demonstrate clear understanding of the underlying principles of insurance and the Lloyd’s environment, including Lloyd’s Minimum Standards and the workings of a managing agent. • Demonstrate clear understanding of the roles of colleagues and their relationships to the structure and operation of the department and wider organisation. • Demonstrate willingness to continue to develop knowledge through formal and informal learning, both internally and externally to the organisation. • Ability to work under pressure and flexibly when necessary • MS Skill: Excel (advanced), Word (intermediate), PowerPoint (intermediate), Power BI, Outlook • University Degree and/or relevant professional qualification