Hybrid Underwriting Controls – Governance & Onboarding

PoloWorks; Greater London; Hybrid; GBP 80,000 - 110,000; Full time

Benefits offered by this job

Hybrid working

Private health insurance

Life assurance

Enhanced pension contributions

Employee volunteering days

Job summary

Polo Managing Agency is seeking an experienced Underwriting Controls Manager to join the underwriting team in London. The role focuses on governance, onboarding of new syndicate clients, and ongoing oversight of underwriting controls.

You will work closely with senior leadership, Lloyd's stakeholders, and syndicate teams to ensure robust controls and compliant processes. The role blends governance, stakeholder engagement, and project work, ideal for someone with strong Lloyd's market experience

Qualifications

• Experience in the Lloyd's market, preferably in an underwriting function.
• Sound knowledge of underwriting frameworks and policy documentation.
• Sound knowledge of underwriting systems and underwriting management information.
• Understanding of Lloyd's Principles for Doing Business.
• Strong numerical and analytical abilities.
• Excellent written and verbal communication and interpersonal skills.

Responsibilities

• Report to the Head of Underwriting Oversight & Onboarding and assist in delivering the managing agency underwriting framework.
• Collaborate with new entrant Syndicates, New Business Director and Client Managers to implement the governance framework and manage onboarding playbooks.
• Maintain policies and procedures making up the underwriting framework.
• Maintain Letters of Authority for syndicates annually and as required.
• Work with Syndicate Underwriting Manager to manage exception reporting, sanctions checks and PBQA outputs.
• Conduct underwriting file reviews and coordinate with syndicate teams.
• Contribute to Peer Review and Independent Expert Review outcomes for managed syndicates.
• Update underwriting committee and syndicate management committee reports with governance specifics.
• Lead the completion of regulatory returns to Lloyd's where required.
• Ensure syndicates meet Principles 1 expectations and guide them to attainment.
• Assist in reviewing managed syndicate business plans for the upcoming year.
• Support timely completion of actions from internal and external audits.
• Maintain records and action logs to evidence oversight.
• Maintain compliance with Lloyd's Principles and applicable regulatory obligations.

Skills

Lloyd's market experience

Underwriting governance

Stakeholder engagement

Analytical and problem-solving

Excel

PowerPoint

Job description

Polo Managing Agency is seeking an experienced Underwriting Controls Manager to join the underwriting team in London. The role focuses on governance, onboarding of new syndicate clients, and ongoing oversight of underwriting controls.

You will work closely with senior leadership, Lloyd's stakeholders, and syndicate teams to ensure robust controls and compliant processes. The role blends governance, stakeholder engagement, and project work, ideal for someone with strong Lloyd's market experience