Underwriting Operations

Taylor James Resourcing; City Of London; On-site; GBP 55,000 - 65,000; Full time

Job summary

A leading recruitment agency in London is seeking an Underwriting Operations Business Partner to enhance service delivery in insurance operations. The role involves managing the risk administration service, ensuring data quality, and coordinating with teams for efficient process flow. The ideal candidate should have experience in the insurance domain and a strong understanding of London Market processes. A competitive salary package is offered with benefits.

Benefits

Generous on-target bonus of 15%

Full benefits package

Qualifications

• Experience in insurance operations is essential.
• Ability to manage team members effectively.
• Proven skills in data quality monitoring.

Responsibilities

• Responsible for risk administration service delivery.
• Oversee risk administration procedures and documentation.
• Act as key contact between teams and manage stakeholder queries.

Skills

Insurance operations experience

Familiarity with London Market Insurance processes

Risk administration

Job description

Overview

• Client Onboarding KYC Associate. 5 days in office,
• Senior HR Manager with Financial Services experience
• HR Business Partner. to £65,000 This well established
• Our client is looking for a Talent Development Specialist
• We are looking for a Deputy Group Company Secretary

Details

Date: 16 Jan 2024
Sector: INSURANCE
Type: Permanent
Location: London
Salary: £55000 - 65000 per annum
Email: [e-mail]
Ref: BT7151

Role

Underwriting Operations Business Partner to £65,000

Responsibilities

• This would be an excellent opportunity for a candidate with insurance operations experience and familiarity with London Market Insurance processes and systems to develop their career and move to a this highly regarded underwriters. The company offer a full benefits package including generous on target bonus of 15% .
• The successful candidate will be responsible for the risk administration service delivery by an Outsourced Business Partner, and Underwriting Operations to an Underwriting Team.
• Oversight of the risk administration Standard Operating Procedures, process flow charts and controls relevant to the Political Risks & Political Violence Underwriting Teams. Amend documentation annually, or whenever business change is planned.
• Act as the key contact, co-ordinator and point of escalation between the Underwriting Team, Underwriting Operations and the Outsourced Business Partner. Respond to queries from all stakeholders to ensure an efficient service is delivered. Attend / lead meetings as required with relevant stakeholders.
• Responsible for the management and training of the Underwriting Operations Team members who support the Underwriting Team.
• Standardise services alongside other Underwriting Operations Business Partners who are responsible for different Underwriting Teams, to create flexibility in operational support model during peak periods and business needs.
• Identify opportunities to automate or outsource further tasks and follow governance processes and testing associated with the changes.
• Monitor daily / weekly / monthly KPIs updating Senior Operations and Underwriting Management. Ensure workflows remain in service and maintain a high level of data quality.
• Coordinate shared email boxes supporting the Underwriting Team. Triage correspondence and action promptly to avoid backlogs.
• Monitor data quality entry by the Outsourced Business Partner and Underwriting Operations Assistants in via sample checks and exceptions reports. Perform root cause analysis for any issues.
• Support the organisations Board’s to maintain a corporate culture, policies and procedures that pay due regard to the interests of customers and treats them fairly at all times.