Location: London/ Hybrid
Salary: Competitive
Overview of department
The Delegated Underwriting Authority team form part of the Underwriting Team at the business, whose role is to provide all oversight & support to the Syndicate from a data, wordings, Bordereaux, contract certainty and reconciliation of premiums perspective.
Purpose of role
- To provide administrative services in respect of the various “Pillars” of delegated authority, such as :- Due Diligence, Audit & Bordereaux
- To work as part of a small team, to maintain and enhance its administrative tasks, which will aid the teams oversight and help the team adhere to its objectives.
- Check accuracy of contract information entered by Brokers on DCOM market system.
- Initial entry, and ongoing maintenance of contract information on internal policy administration system & DCOM
- Perform regular reporting to the team and wider business, IRO- Renewal Diary, Team Reporting, Assisting in DAMG pack production, DAMG minute taking & Action point tracking.
- Be the main contact for the team Delegated Authority Management system, ensuring all information within it is accurate and complete.
- Perform administration of the team meeting agendas and minute production/circulation
- General administration of Synergy, related to delegated authority business i.e. slip entry, endorsement amendments & agreed EPI changes.
- Ensure the DUA Electronic Filing System is complete.
- Provide general administrative support to the Head of Delegated & DUA Technicians
- Produce and circulate the obligated income report for DUA on a periodic basis.
- Perform claims declaration entry on to Synergy on an Adhoc basis
- Good communication and interpersonal skills.
- Good organisational and time management skills, ability to prioritise sensibly and deliver.
- Good numeracy and analytical skills.
- Excellent attention to detail.
- Comfortable accurately working with data and detail within consistent and repeatable processes and ability to interpret data including identifying trends and anomalies.
- Willingness to learn and develop
- Adaptable to market and regulatory change.
- Self-motivated with the ability to work independently.
- Work well within a team and effectively engages with stakeholders across the business.
- Abides by the Fairfax Guiding Principles.