Role: Delegated Underwriting Analyst
Location: London
Position: Full time, permanent
The Delegated Underwriting Analyst is responsible for ensuring that all forms of Delegated authority arrangements for MS Amlin follow the policies, procedures and processes of the Delegated Underwriting Authority framework and that a professional, efficient and effective service is provided at all times.
About The Job
While there is rarely a typical day, here’s a snapshot of some of the key parts of the job:
Risk assess new binding authorities and ensure effective due diligence takes place in a timely manner
Provide support to underwriters and guide them through the application process as may be necessary
Sponsor new coverholder applications through Lloyds ensuring the required standards in relation to compliance and expectations are met and log amendments to existing coverholder applications as may be required
Document and follow up on any subjectivities/ issues arising in a timely manner
Issue reminders of forthcoming renewals
Liaise with BDX, Claims, Complaints, Compliance and Credit risk team to ensure a smooth and accurate management of the financial and processing aspects of all facilities
Ensure all due diligence information required at renewal is obtained and signed off prior to renewal or that a remediation plan has been documented. Challenge underwriters on any aspects of the renewal where there is concern and it is appropriate to do so
Monitor the ongoing performance of Coverholders and binding authorities
Produce reports for team and management meetings.
Ensure the Coverholder information held in our systems is accurate and kept up to date
Escalate any issues or concerns arising to the Delegated Authority Manager
Represent the DUA team within MSAmlin and contribute to the promotion of the departments within the different Divisions
Assist on the systems testing and liaise with the IT and Project departments as and when required
Keep abreast of changes and proposed changes to delegated underwriting authority rules, best practice and guidance issued by regulators
Suggest changes for improving the control framework and associated procedures
Establish, maintain and enhance the day to day relationships with internal customers
Promote best practice at all times
What You’ll Need
Experience in a similar role
Knowledge of Insurance and Underwriting Practice
Good Interpretation skills
Communication skills
Team player
Computer literate
Administrative skills
Attention to detail with pragmatism
We are stronger together because of our common interests and rich differences. You may be the strength we didn’t know we needed. Believe in yourself, and click apply today!
What Can You Expect From Us?
As well as a competitive base salary and performance related discretionary bonus, here is a link to our employee benefits - Benefits of working at MS Amlin | MS Amlin
Hybrid Working
At MS Amlin we operate a hybrid working model to empower our people with flexibility to blend where they work. We value collaboration and believe that we work better together, our teams typically do 3 days a week in the office.
About MS Amlin
MS Amlin is a leading (re)insurer and part of the global MS&AD Group, with operations across Lloyd’s of London, the Middle East, and Asia Pacific. With over 120 years of experience, we support businesses facing complex and demanding risks, providing continuity in an uncertain world. Our expertise covers Property, Casualty, Marine, Crisis Management, Natural Resources and Reinsurance, backed by strong underwriting capabilities and deep sector knowledge. At the core of our claims service is TRUST - Transparency, Responsiveness, Understanding, Solution-driven thinking, and Technical expertise. This defines how we manage claims and build lasting relationships.
We will build a workplace where all talent is welcomed, and everyone has the opportunity to influence how the business works. We have dedicated employee resource groups that support our…