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    Underwriting Business Analyst - London, United Kingdom - Munich Re Specialty Group

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    Description

    The Role

  • Support MRSG business planning and performance against plan, working with the Finance, Actuarial and Underwriting teams.
  • Work with Underwriting Operations, Finance and the warehouse MI team to develop enhanced MI to support the planning and performance processes.
  • Work with the Group Head of Underwriting Management, liaising with Lloyd's in the planning and variance to plan processes.
  • Support the planning, management and status reporting of the Syndicate underwriting reserving process from an Underwriting perspective.
  • Develop and maintain processes and controls ensuring good data quality in systems, particularly in relation to the reserving process.
  • Develop strong inter-departmental relationships and work to provide accurate data and analysis to implement key business plan and reserving strategies which align with the underwriting strategy including membership of the Reserving Steering Committee and QMB Review Group.
  • Assist the Group Head of Oversight in managing internal and external audits and reviews, including product deep dives.
  • Assist the Group Head of Oversight and the Group Head of Underwriting Management with GSI projects and ad hoc tasks.
  • Member of the Product Conduct Risk Strategy Group.
  • Member of the Delegated Underwriting Group.
  • Assist with any ad-hoc Underwriting Management issues as and when required.
  • Deputise for the Group Head of Underwriting Management.
  • Help drive forward good Conduct for the business to deliver the best outcomes for customers / policyholders
  • Understand all appropriate lines of escalation and the responsibilities of the Product Conduct Risk Strategy Group (PCRSG), Underwriting & Claims Sub Committee (UCSC) , ExCo and Board for Conduct Risk.
  • What we are looking for

  • Minimum 2 years' experience of underwriting, preferred.
  • Minimum 2 years' experience of underwriting management or oversight essential.
  • Good understanding of the London market and Lloyd's environment.
  • Good understanding of the Lloyd's Principles for Doing Business.
  • Basic understanding of business strategy and the work of the other departments within the organisation.
  • Basic understanding of regulatory requirements (FCA and PRA),
  • Good motivational skills.
  • Effective liaison with key stakeholders.
  • Qualifications

  • University Degree and/or relevant professional experience or qualification. We would also consider a candidate working towards professional qualifications.
  • Your career with us

    At MRSG, you'll find the flexibility, development and support you need to excel your career combined with a competitive salary and a benefits package that promotes wellbeing and work-life balance, on top of the standard features that include a non-contributory pension, private medical care, life assurance and more



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