Location: London/ Hybrid
Salary: Competitive
About the role
The client is headquartered in London and has a presence in Australia, employing over 250 people globally. We are proud of our unique and rich history of trading in the Lloyd’s market, both as a Syndicate and Members’ Agency. Our long-standing workforce are our greatest asset; the expertise and knowledge they bring has resulted in our successful track record and continues to shape our future growth strategy.
Responsibilities:
- You will work closely with the Property Programs team to support in the underwriting of the book of business.
- Working closely with the Unit Head you will be actively involved in reviewing and analysing portfolios of business.
- You will be primarily responsible for assisting on the Property Programs team, although you may occasionally be required to assist on the other teams within the department.
- You will be responsible for ensuring the accurate populating of pricing tools, performing detailed spreadsheet analysis on portfolios of business. As the Underwriting Analyst, your key responsibilities will involve
- Assisting the Unit Head in all aspects of underwriting the Property Programs business.
- Fostering positive working relationships with Brokers and Clients and providing a professional and prompt service.
- You will be responsible for ensuring the accurate populating of underwriting pricing tools and performing detailed analysis on portfolios of business.
- Provide underwriting analysis support to the underwriting team in relation to the areas of underwriting, rating, underwriting analysis of bordereaux data, credit control and reporting.
- Assist with provision, and development, of management information relating to the programme portfolio utilizing the Power BI reporting suites.
- Assisting in the monitoring adherence to Lloyd’s Minimum Underwriting Standards for all managed syndicates in relation to Underwriting.
- Undertaking the preparation of appropriate management reports in a timely fashion in accordance with the Company and compliance requirements.
- To assist the underwriting team in all administrative aspects of the placement of underwriting risks within the Property team.
- Working through periods of high demand and able to prioritise workload.
- Undertake any other related duties as may be reasonably required.
- Working for a regulated Company, you will be expected to perform your duties to the highest of standards, in accordance with the following Conduct Rules as specified by the FCA:
- You must act with integrity
- You must act with due care, skill and diligence
- You must be open and co-operative with the FCA, PRA and other regulators
- You must pay due regard to the interests of customers and treat them fairly
- You must observe proper standards of market conduct.
About you
- Have an eye for detail and produce accurate work.
- Have a good knowledge of Microsoft Excel, with familiarity of the key analytical tools within the application.
- Strong numeracy with good analytical and mathematical skills.
- A understanding of the underwriting function and role.
- Accuracy and attention to detail in all dealings with Syndicate information.
- Able to represent the Company and build professional relationships at all levels.
- A natural negotiator and ability to effectively communicate.
- Be able to work under pressure and prioritise a busy workload.
- A competent user in IT applications, including Excel.