Junior MGA Operations Analyst

The role supports pre-bind due diligence, post bind operational oversight through ongoing audit and corresponding monitoring activities.

Key duties and responsibilities

The Junior MGA Operations Analyst is to act as a key member of the SCOR MGA Operations team working in a fast-paced environment that encourages new ideas and a fresh way of thinking. Responsibilities include roles for the organisation:

SCOR and Syndicate Delegated Authority:

• Support completion and submission of statutory and/or regulatory reports and advance automation.
• Administration of the due diligence process for selected classes of business including new Cover holder sponsorship, annual due diligence review and approval (including all third parties),
• Actively involved in ongoing operationa tasks and services from MGAs or Coverholders and TPAs
• Liaising with underwriters, transversal functions, outsource rs and associated stakeholders,
• Participation in internal/external forums as required,
• Assist in coordinating Third Party audits, from scope definition to completion of audits.
• Third Party Audit report review and management of recommendations,
• Support of the data management function and reporting of identified gaps,
• Management of the income/EGPI review process including distribution of reports, communicating with underwriters and credit control monitoring,
• Provide support to other members of the team as required,
• Identify opportunities for improvements in cost savings and efficiency across the processes,
• Generate reporting to support the management of the departmental activities,
• Ensure compliance to Delegated Authority policy and internal controls,

Other ad hoc tasks as required to support the portfolio

• Change and Operational Improvements
• Contribute to defining data and risk assessment guidance related standards across SCOR.
• Support cross company collaboration through targeted workshops, status briefs and informal updates.
• Committees and Memberships:
• Contributor to SCOR Syndicate Conduct Risk Product Oversight Committee and Delegated Underwriting Committees.

Required experience & competencies

Excellent quantative and qualitative skills

Strong attention to detail

Good communication skills - being able to articulate technical matters into actionable tasks

Strong analytical and problem-solving approach

Project and time management skills required. Ability to multitask and self-organise

Experience with continuous improvement methods

Understanding of the delegated business environment and the insurance market preferred.

Minimum of a couple of years working in a similar role such as strategy consulting, M&A, risk assessment, audit, risk and controls or as a risk analyst

Required Education

Bachelor's Degree in Business related discipline

• Locations Level 6, London, United Kingdom, EC2N 4BQ
  , GB

SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.