Delegated Underwriting Support Technician

The Recruiter Ltd; Chelmsford; On-site; GBP 30,000 - 45,000; Full time

Job summary

A leading insurer seeks a Delegated Underwriting Support Technician for a permanent role based in Chelmsford. Join a collaborative team and support the underwriting process by maintaining accurate records, engaging with stakeholders, and ensuring compliance with regulations. This role invites candidates with insurance skills to enhance their career in a reputable environment.

Qualifications

• Experience within a similar role or transferable Insurance skills.
• Understanding of Lloyd's delegated authority tools and market practices.

Responsibilities

• Maintain accurate records for Client Accounts and Binding Authorities.
• Support audit plans and manage bordereaux records.
• Liaise with Lloyd's brokers and Underwriters.

Skills

Attention to Detail

Communication

Client Liaison

Quality Control

Job description

Delegated Underwriting Support Technician

Salary: Not specified

Location: Chelmsford, Essex

Job Type: Permanent

Ref: SJP230808

Working within a high performing, positive and collaborative team, where you can make difference, within this leading Insurer

Delegated Underwriting processes, maintaining accurate information in DU systems and liaising with all members of the DU team in relation to Client on-boarding, Binding Authority Agreements, Audits and Bordereaux Management.

• Understand and support business relating to first on-boarding and Binding Authority renewals.
• Maintain accurate records, including Client Account and Binding Authority entries, and undertake quality control of the underwriting teams’ entries on a weekly and monthly basis.
• Support the delivery of the audit plan.
• Assist with the management of bordereaux records including chasing bordereaux, keeping records and liaising with relevant internal and external stakeholders as such Lloyd's brokers and Underwriters as required.
• Review Lloyd's international regulatory trading requirements.
• Support the implementation of Lloyd's, FCA and other regulators’ policies and procedures.
• Understand all appropriate lines of escalation and the responsibilities of governance
• Any other tasks as appropriate to this role
• Understanding of Lloyd's delegated authority tools.
• Lloyd’s Market practices and regulation, specifically relating to delegated underwriting.

If you have worked within a similar role or have transferable Insurance skills and are interested to know more then please submit your CV for consideration.

The Recruiter Insurance Specialists are acting as a Recruitment Agency