Delegated Underwriting Analyst

Delegated Underwriting Analyst

Pro currently has an exciting opportunity for aDelegated Underwriting Analyst to be part of our Insurance Services team. The job holder will be required to take ownership of complex lead binder reviews and new Cover holder applications to both the company and Lloyds.

Pro operates a flexible hybrid working policy and this role would be based working at home and at our Gloucester or London office.

Main Duties and Responsibilities

• Reviewing and preparing new applications for Lloyds; this includes world wide cover holder applications and branch applications

• Ensure that all binding contracts master policies consortiums and line slips adhere to company procedures and regulatory requirements both before and after binding.

• Perform technical due diligence risk assessments of Coverholders ensuring they meet the highest standards required.

• Provide valuable assistance to underwriters including offering technical advice and assisting with Cover holder approvals.

• Stay ahead of the curve by monitoring and evaluating changes in the regulatory environment. Collaborate with stakeholders to develop solutions that keep the company compliant.

• Drafting direct dealing contracts and endorsements as needed

• Processing tasks accurately in an efficient manner in line with client SLAs.

• Interacting with clients in a professional manner over the phone or via email.

• Handle and resolve Client broker and Cover holder queries aswell as internal queries from team members

• Assist with client workflow management and daily/weekly/monthly reporting

• Have an appreciation of Client KPIs and SLAs.

Skills and Experience

• Minimum of 2 years experience in a Delegated function with exposure to delegation in both Lloyds and Company Markets

• Sound knowledge of underwriting practice

• Good understanding of the regulatory binder control frameworks

• Ability to clearly and concisely communicate in writing and verbally

• High attention to detail with great pragmatism

• Strong technical skills and ability to prioritise workload to meet deadlines.

• Understanding of principles of insurance and reinsurance is essential.

• Good understanding of London market systems and procedures is desirable.

• Knowledge of Property Casualty and Marine business classes desirable but not essential. Likewise knowledge of the US insurance business would be advantageous.

• Maintain a conscientious positive and enthusiastic approach to work maintaining good working relationships with colleagues.

By submitting your personal data to Pro and by using our website you give your consent that all personal data you submit as part of your application may be processed by us in the manner and for the purposes described in our HR applicant privacy policy. For further information please refer to our Data Protection Policy a copy of which can be requested from Pro HR.

The Company

Pro is a specialist outsourcing and consulting company focused solely on the insurance and reinsurance industries.

We work with clients to identify changes needed to improve their business processes minimise operating overheads and implement the controls required to meet new regulations delivering tailored solutions to meet clients needs.

Our UK offices are in Gloucester Glasgow Liverpool Horsham and central London. We are also a global company with offices in the United States Cologne and Unna (Germany) and Argentina. We also operate a hybrid working model so you can work at home and in the office.

We provide expert support in the areas of underwriting claims management financial and technical accounting and risk and auditing utilising the best technology available on the market and adopting a proactive approach.

Pro Values

We commit concrete actions and do what we promise.

With integrity at the heart of every decision we focus on what will add most value.

We are curious creative and insightful. We are not afraid to evolve.

We are inclusive. We help each other and our clients to shine.

We bring drive and enthusiasm to our work.

Benefits

Training & Development

we have inhouse Learning and Development team that will support you giving you the tools to succeed.

Employee referral scheme

Staff bonus for introducing a candidate that we employ as a result of that introduction.

Pension scheme

Company pension contribution up to 10%.

Documents

Required Experience:

IC