Underwriting Operations

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

Job summary

A leading global financial broking firm in London is seeking a Client Onboarding KYC Associate to manage risk administration and ensure efficient service delivery within Underwriting Operations. This permanent position offers a salary of £55,000 - £65,000 and a generous bonus structure, aimed at candidates with insurance operations experience.

Benefits

Generous on-target bonus of 15%

Qualifications

• Experience with insurance operations.
• Strong understanding of London Market Insurance systems.

Responsibilities

• Oversight of risk administration SOPs and documentation.
• Act as key contact and coordinator for the Underwriting Team.
• Manage and train Underwriting Operations Team members.

Skills

Insurance operations experience

Familiarity with London Market Insurance processes

Job description

Quick Registration First Name * Last Name * e-mail * Phone * Sector Location

Our client is a Global Financial Broking firm in London.

Client Onboarding KYC Associate. 5 days a week in

Administration Assistant – Financial Services

Our client is a Financial Market making company in

Our client is a Wealth and Asset Management firm in

Date: 16 Jan 2024
Sector: INSURANCE
Type: Permanent
Location: London
Salary: £55,000 - 65,000 per annum
Email: [e-mail]
Ref: BT7151

Underwriting Operations Business Partner to £65,000

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 highly regarded underwriter. The company offers a full benefits package including a 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.

Main duties:

1. 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.
2. Act as the key contact, coordinator, 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.
3. Responsible for the management and training of the Underwriting Operations Team members who support the Underwriting Team.
4. Standardize services alongside other Underwriting Operations Business Partners responsible for different Underwriting Teams to create flexibility in the operational support model during peak periods and business needs.
5. Identify opportunities to automate or outsource further tasks and follow governance processes and testing associated with the changes.
6. Monitor daily, weekly, and monthly KPIs, updating Senior Operations and Underwriting Management. Ensure workflows remain in service and maintain a high level of data quality.
7. Coordinate shared email boxes supporting the Underwriting Team. Triage correspondence and act promptly to avoid backlogs.
8. Monitor data quality entry by the Outsourced Business Partner and Underwriting Operations Assistants via sample checks and exceptions reports. Perform root cause analysis for any issues.
9. Support the organisation's Boards in maintaining a corporate culture, policies, and procedures that pay due regard to the interests of customers and treat them fairly at all times.