Underwriting Operations Analyst - London, United Kingdom - High Finance (UK) Limited T/A HFG

Tom O´Connor

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Description

New Vacancy:
Underwriting Operations Analyst

City of London - Lloyd's MGA
Salary £40,000 - £50,000


A newly established Lloyd's MGA are looking to add an Underwriting Operations Technician, to work within their Underwriting support division.

They are looking to grow massively within the next 6-18 months so the chance for progression is huge.

This is fantastic opportunity to work within an established team, who regularly promote from within. Experience within an Underwriting Operations role (1-2 years) is required for this position, as well as a Lloyd's background.

The company is based aroundthe marine class at the moment but is looking to grow into other areas in the near future.


Key Responsibilities

  • Work with the underwriting support teams to assist in clearing priority work items.
  • Ensure daytoday workflow is handled in a timely manner within SLAs and deadlines e.g. all endorsements cleared by the end of each week etc.
  • Assist in handling the regular internal reporting including the production and analysis of monthly KPIs for UWs
  • Assist with relevant reports to external partners, monthly BDX and other regulatory reporting requirements
  • Assist in the development and enhancement of reporting tools
  • Ensure the quality and integrity of Underwriting data, assist with developing of Data Quality reports
  • Support the wider operations team to optimize processes
  • Liaise with underwriters, brokers, and other interested parties to address and resolve operational issues
  • Liaise with Credit Control function, to address queries, chase brokers for overdue payments
  • Support adhoc projects and other work items at the request of Operations team management
  • Work with underwriting assistants to learn the basics of their roles and support during new staff transitions and peak periods.
  • Review underwriting assistant training documentation to ensure it is up to date and suggest any changes as necessary.

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