Senior Underwriter - United Kingdom - Venquis

    Venquis
    Venquis United Kingdom

    Found in: Jooble UK O L C2 - 2 weeks ago

    Default job background
    Description
    Job SpecRole of Delegated Underwriting Operations Lead is to oversee the delegated underwriting transition project.

    This position reports to the Head of Underwriting Oversight and Performance, and is responsible for oversight of our delegated underwriting operations in the performance of data entry, bordereaux receipt and process, accuracy and reporting.

    ResponsibilitiesWork with the Head of Underwriting Oversight and Performance and Deputy Active Underwriter to define processes and establish reporting capabilities.

    Identify process and documentation improvements to ensure standard operating procedures are complete and concise.

    Establish the volume of outstanding bordereaux processing required for 2021 year of account to current year and develop a strategy and timeline to complete all outstandings.

    Work with the underwriting teams to support them as the key point of contact for daily enquries.
    Liaise with brokers to address outstanding items and close queries.
    Work with our offshore team to process risk entries in to our underwriting administration system and binder cloud.
    Oversee the turn around time of booking requests and help to manage timely response and actions to underwriter requests.
    Assist offshore with queries and escalationEstbalish and imbed a bordereaux tracking process and estimated gross premium quarterly review process.
    Liaise with the credit control team to ensure oversight of aged debts and validation of estimated gross premium.
    Review USM processing to ensure correct attachment to delegated underwriting contracts in the underwriting administration system.
    Identify improvements/automation; work with IT and offshore teams to implement.
    Support ad-hoc reporting and delegated authority related requests.
    Act in accordance with all applicable supervisory bodies, principles, rules and regulations.

    Qualifications and Professional Skillsyears working within delegated underwritinginsurance and bordereaux knowledge requiredworking with offshore teamswith broking operations and/or Xchanging (XIS) processing preferredwith bordereaux management systemsproficient in use of computer software, including all Microsoft Office products (Excel, Word, PPT, Outlook, etc.)

    is requiredpro active, self-motivated individual capable of working to a deadline when requiredto work with all levels of employees and managementinterpersonal skillsto adapt to pressured environment and work as part of a teamAssurance Responsibilitiesall controls as instructed within area of responsibilityany ineffective control to Control Ownerany risk-related concerns to risk assurance function