Underwriting Analyst (FTC)

Munich Re; Greater London; On-site; GBP 60,000 - 90,000; Full time

Job summary

Munich Re Syndicate Ltd in London is seeking a Reporting and Analytics professional to produce regular internal and external reports, develop reporting tools, and review KPIs for underwriting controls and data quality across MRSG, MRSL and group subsidiaries.

You will coordinate regulatory returns (ATIA, GAREAT, PMDr), support policy recordings on Syndicate systems, respond to queries, and help turn a portfolio of reports into data‑driven insights for underwriting, operations and senior

Qualifications

• Understanding of insurance principles and Lloyd’s environment.
• Ability to navigate roles and relationships within the department and wider organisation.
• Willingness to continue developing knowledge through formal and informal learning.
• Ability to guide, support and coach other team members.

Responsibilities

• Handle regular internal and external reporting to support MRSG and MRSL and subsidiaries, including production and analysis of regular reports and the development and enhancement of reporting tools.
• Prepare and review standard and ad-hoc reports and KPIs for internal monitoring, underwriting controls, data quality and management level review.
• Assist in coordinating and completing regulatory returns such as ATIA, GAREAT and PMDr.
• Support the Recording of Employers’ Liability policies on Syndicate systems and the subsequent regulatory reporting to ELTO and respond to related queries.
• Create insights from portfolio of reports to facilitate data-enabled decision making in Underwriting, Operations and wider business.
• Assist with relevant reports to Munich Re, Lloyd’s, the PRA/FCA and internal/external project initiatives.
• Engage and develop relationships with underwriting teams to provide ongoing training on underwriting systems and procedures to promulgate best practice.
• Assist in responding to underwriting audits by Lloyd’s, external auditors, Internal Audit and wider Munich Re Group including preparation and presentation of required underwriting information.
• Develop and maintain a list of all Individual Authority limits documents on behalf of Munich Re Syndicate Ltd.
• Contribute to MRSL underwriting management procedures and processes, including those applicable to International Distribution Companies.
• Assist with annual self-assessment of, and ongoing adherence to, the Principles for Doing Business at Lloyd’s.
• Assist with any ad-hoc Underwriting Operations and Underwriting Management issues as and when required.

Job description

Responsibilities:

• Handle the regular internal and external reporting to support MRSG and MRSL and its subsidiaries and affiliated companies, including the production and analysis of regular reports and the development and enhancement of reporting tools.


• Prepare and review standard and ad-hoc reports and KPIs for internal monitoring, underwriting controls, data quality and management level review.


• Assist in coordinating and completing regulatory returns such as ATIA, GAREAT and PMDr.


• Support the Recording of Employers’ Liability policies on Syndicate systems and the subsequent regulatory reporting to the Employers’ Liability Tracing Office (ELTO) and respond to related queries received and issues identified, developing and enhancing processes where needed.


• Creating insights from portfolio of reports with a view to facilitate data-enabled decision making in Underwriting, Operations and the wider business


• Assist with relevant reports to Munich Re, Lloyd’s, the PRA/FCA and internal and/or external project initiatives.


• Engage and develop relationships with underwriting teams to provide ongoing training to all staff on underwriting systems and procedures, in order to promulgate best practice throughout MRSG.


• Assist in responding to underwriting audits by Lloyd’s, external auditors, Internal Audit and the wider Munich Re Group including the preparation and presentation of required underwriting information.


• Develop and maintain a list of all Individual Authority limits documents on behalf of Munich Re Syndicate Ltd


• Contribute to relevant MRSL underwriting management procedures and processes, including those applicable to the International Distribution Companies.


• Assist with the annual self-assessment of, and ongoing adherence to,the Principles for Doing Business at Lloyd’s.


• Assist with any ad-hoc Underwriting Operations and Underwriting Management issues as and when required.

Knowledge and Skills

• Demonstrate clear understanding of the underlying principles of insurance and the Lloyd’s environment, including Lloyd’s Principles and the workings of a managing agent.


• Demonstrate clear understanding of the roles of colleagues and their relationships to the structure and operation of the department and wider organisation.


• Demonstrate willingness to continue to develop knowledge through formal and informal learning, both internally and externally to the organisation.


• Skills


• Ability to manage own workload and to work both supportively and jointly with colleagues.


• Ability to work under pressure and flexibly when necessary, prioritising tasks, resource planning and meeting deadlines.


• Ability to guide, support and coach other team members


• Familiarity with implementing, maintaining and developing state-of-the-