Delegated Underwriting Programme Manager

Harrison Holgate; London; On-site; GBP 50,000 - 80,000; Full time

Job summary

A leading International Specialty Insurance Company in London is seeking a Delegated Underwriting Programme Manager to play a crucial role in managing insurance programmes. This position involves close collaboration with various internal teams to support underwriting functions, compliance, and financial analysis, along with monitoring performance metrics and risk management strategies.

Qualifications

• 4-6 years of experience in insurance, specifically in programme management or underwriting.
• Understanding of MGA/MGU operations and delegated authority.
• Experience with Lloyd's or London Market operations.

Responsibilities

• Support implementation of programme management frameworks.
• Monitor key performance indicators for assigned programmes.
• Prepare programme-level financial reports.

Skills

Programme Management

Underwriting

Risk Management

Financial Analysis

Data Analytics

Education

CII qualifications (Dip CII or working towards ACII)

Tools

Insurance technology platforms

Job description

Delegated Underwriting Programme Manager

Operations & Analytics

London

Reference: HH/RF-12752

Delegated Underwriting Programme Manager

A leading International Specialty Insurance Company is seeking an experienced insurance professional to join their team as a Delegated Underwriting Programme Manager. This role will be crucial in supporting and implementing the Delegated Underwriting Management function. The Delegated Underwriting Programme Manager will assist in monitoring programme health and risk performance of our MGA/MGU partnerships.

This position will work closely with the Head of Programme Management and collaborate with Underwriting, Operations, and Finance teams to execute programme management strategies and processes.

KEY RESPONSIBILITIES AND ACTIVITIES

Programme Support:

• Support the implementation of programme management frameworks and processes
• Maintain programme documentation and guidelines
• Assist in monitoring adherence to delegated authority agreements

Underwriting Support:

• Working with Coverholders, ReInsurers and Brokers on renewals, endorsements and maintenance
• Building and maintaining files in accordance with Underwriting Guidelines
• Working directly with Underwriters on Wordings & Forms
• Working between Client base and US Programme Manager on Data received, in order to build & maintain Underwriting database, Key Performance Indicators and other reports

Performance Monitoring:

• Monitor and report on key performance indicators (KPIs) for assigned programmes
• Analyse programme performance data and prepare regular reports
• Flag potential issues or concerns to senior management
• Conduct detailed portfolio analysis using advanced analytics tools
• Build and maintain data visualization dashboards for programme performance
• Identify emerging trends in underwriting data.

Risk Management:

• Support programme performance analysis and reporting
• Monitor compliance with underwriting guidelines
• Develop and maintain underwriting performance scorecards
• Assist in identifying trends in risk performance using predictive analytics
• Support the development of data-driven underwriting strategies
• Financial Analysis:
  • Prepare programme-level financial reports
  • Monitor programme profitability metrics
  • Support the development of financial forecasts

Audit Support:

• Assist in coordinating MGA/MGU audits
• Track audit findings and recommendations
• Monitor implementation of corrective actions

Stakeholder engagement:

• Serve as a day-to-day contact for MGA/MGU partners
• Coordinate with internal teams to resolve operational issues
• Prepare presentations for management review meetings

EXPERIENCE AND KNOWLEDGE

• 4-6 years of experience in insurance, with exposure to programme management or underwriting
• Understanding of MGA/MGU operations and delegated authority models
• CII qualifications (Dip CII or working towards ACII)
• Experience with Lloyd's or London Market insurance operations
• Knowledge of UK regulatory requirements for delegated authority business
• Experience with insurance technology platforms
• Familiarity with multiple lines of business

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