Delegated Underwriting Authority Analyst - 12 month Fixed Term Contract

TN United Kingdom; London; On-site; GBP 35,000 - 55,000; Full time

Job summary

An established industry player is seeking a Delegated Underwriting Authority Analyst for a 12-month fixed-term contract in London. This role is essential in supporting the oversight and governance of Delegated Authority facilities, ensuring compliance with regulatory standards. You will manage risks and premium bordereaux, collaborate with brokers, and assist with credit control tasks. The ideal candidate will have experience in insurance operations, strong analytical skills, and proficiency in Microsoft Excel. Join a dynamic team dedicated to delivering exceptional service and fostering professional growth.

Benefits

Flexible Work Arrangements

Professional Development Opportunities

Tuition Reimbursement

Mentoring Opportunities

Qualifications

• Experience in insurance, particularly in underwriting assistance or operations.
• Strong analytical skills with proficiency in Microsoft Excel.

Responsibilities

• Manage incoming Risks written and Premium Bordereaux.
• Process LBS bordereaux into DA-SATS efficiently.
• Assist with credit control analysis and reporting.

Skills

Organizational Skills

Analytical Skills

Microsoft Excel

Communication Skills

Problem-Solving

Fluency in English

Fluency in Spanish

Education

Insurance Professional Qualifications

Job description

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Delegated Underwriting Authority Analyst - 12 month Fixed Term Contract, London

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Client:

Everest Insurance (Ireland) Spain

Location:

London, United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Reference:

6db52f788a8b

Job Views:

2

Posted:

02.05.2025

Expiry Date:

16.06.2025

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Job Description:

Description

Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.

Role Purpose:

The Delegated Underwriting Authority (DUA) Operations team at Everest is looking for a DUA Analyst to join the growing division and to be based in London on a 12 month Fixed Term Contract.

The fundamentals of the team are to support the post bind functionality of business processes and procedures, administration and analysis relating to the oversight and governance of Delegated Authority (DA) facilities across Everest platforms, ensuring the business has been processed in compliance with regulatory minimum standards.

The DUA will initially support the UK&I business, and as we grow, there will be opportunities to support broader markets.

Key Responsibilities

1. Manage all incoming Risks written and Premium Bordereaux, working with BPO providers to map and upload bordereaux to the system.
2. Process LBS bordereaux into DA-SATS efficiently, addressing queries as they arise.
3. Ensure new and renewing contracts are mapped within 90 days of inception.
4. Follow up on overdue Risks Written and Premium Bordereaux with brokers, Coverholders, and within Porta.
5. Assist the EGM Credit Control Manager with credit control analysis and tasks relating to Coverholders / MGAs, Consortia, and Lineslips.
6. Support monthly committee reporting and generate reports based on Bordereaux management.
7. Act as the primary contact for BPO provider queries related to bordereaux processing.
8. Assist DUA Team Managers with ad-hoc reporting and analysis.
9. Handle internal queries from colleagues and BPO providers.
10. Manage retrieval of missing bordereaux from internal and external sources.
11. Ensure compliance with Employers Liability Insurance Regulation on Bordereaux formats.
12. Oversee Intarga Admin tasks such as chasing outstanding tasks and general system administration.
13. Address queries from Underwriters and other internal stakeholders.
14. Support Portal downloads for BDX.
15. Represent DUA Credit Control queries.
16. Attend Coverholder/MGA meetings to discuss credit control issues.
17. Assist Underwriting Assistants in managing Credit Control for DUA.

Candidate Profile

Professional Experience:

• Experience in insurance, particularly in underwriting assistance, operations, or technician roles, is required.
• Experience with DUA is highly desirable but not essential.
• Progress towards insurance professional qualifications is preferred.

Skills & Abilities

• Excellent organizational skills.
• Strong analytical skills, proficiency in Microsoft Excel (Pivot Tables, Vlookups, Sumifs), and problem-solving abilities.
• Numerate and detail-oriented.
• Excellent communication skills.
• Willingness to learn new skills and adapt to new tasks.
• Fluent in English and Spanish (verbal and written).

Our Culture

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders, and communities. We pride ourselves on a unique, inclusive culture driven by shared values and behaviors, including Talent, Thoughtful Risk, Execution, Efficiency, Humility, Leadership, Collaboration, Diversity, Equity, and Inclusion.

• Our Values: Talent, Thoughtful risk-taking, Execution, Efficiency, Humility, Leadership, Collaboration, Diversity, Equity, and Inclusion.

• Our Colleague Behaviors: Respect everyone, Pursue better, Lead by example, Own our outcomes, Win together.

All colleagues are expected to uphold these values and behaviors in their daily interactions and community engagement.

Type: Fixed Term

Time Type: Full time

Primary Location: London

Additional Locations: