Underwriting Support Manager

JR United Kingdom; City Of London; On-site; GBP 50,000 - 75,000; Full time

Job summary

A leading company in the insurance sector is seeking an Underwriting Support Manager to oversee the Underwriting Support team in London. The role involves providing critical support for underwriting processes, enhancing operational efficiencies, and ensuring compliance with industry standards. Successful candidates will demonstrate strong market knowledge and stakeholder management skills while contributing to the overall success of the underwriting operations.

Qualifications

• Strong experience and understanding of the Lloyd’s (re)insurance market.
• Proficient use of Microsoft Office and Business Intelligence tools.
• Ability to manage internal and external stakeholders effectively.

Responsibilities

• Manage the development of the UW support team resource.
• Support the Syndicate underwriting operations processes and procedures.
• Facilitate audits and ensure compliance with Lloyd's underwriting principles.

Skills

Analytical Skills

Communication Skills

Organizational Skills

Team Collaboration

Tools

Microsoft Office

Business Intelligence Tools

Job description

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Underwriting Support Manager, London (City of London)

Client:

White Bear

Location:

London (City of London), United Kingdom

Job Category:

Other

EU work permit required:

Yes

Job Views:

5

Posted:

16.06.2025

Expiry Date:

31.07.2025

Job Description:

Main purpose of job:

To manage the Underwriting Support team, providing support to the Underwriting teams of both Syndicate and MGA trading platforms as part of the Operations function, through the provision of management information, insights and portfolio reporting.

Supporting the Blenheim Underwriting Ltd (BUL) CUO in maintaining oversight over the performance of all Syndicate classes of business, including administration of assigned risks and controls, coordination of responses to underwriting audit actions (internal and external) and independent peer review actions.

Key tasks:

1. Manage the development of the UW support team resource.
2. Support the development of the Syndicate underwriting operations processes and procedures to enhance efficiencies and alignment with the Group’s Data strategy.
3. Support the CUO in the reporting and analysis of the Syndicate Underwriting portfolio, working with applicable functions, such as Finance, Actuarial, Operations, in the development of relevant reporting metrics.
4. Manage the Syndicate PMD returns process, and other relevant regulatory returns, working with IT and the CUO in the effective delivery of accurate and meaningful analysis.
5. Develop, implement and manage Syndicate underwriting controls monitoring delegated and non-delegated underwriting performance.
6. Contribute to the collation and escalation of Syndicate internal and external audits, and independent peer review actions pertaining to underwriting. Work with the CUO and Risk Management in the implementation and administration of the underwriting risk and controls framework.
7. Support the Syndicate CUO in ensuring Lloyd’s Principles relating to Underwriting are being met and appropriately evidenced.
8. Facilitate the formal and regular review of Syndicate delegated underwriting premium income, ensuring underwriting teams provide accurate and up-to-date premium estimates.
9. Contribute to the delivery of operational efficiencies and MI for both trading platforms (Syndicate and MGA) internally (to Committees and Boards) and externally (to Regulators).

Key personal skills required:

1. Ability to work independently, identifying priorities and following through to completion.
2. Ability to analyse and resolve queries, leading to enhanced processes.
3. Ability to share key knowledge with team, contributing to the team dynamic.
4. Strong organisation, accuracy, and attention to detail.
5. Ability to balance multiple priorities, by focusing on timely delivery of quality outputs.
6. Excellent communication skills, both verbal and written.
7. Strong people and communication skills who listens and understands the issues, able to represent the function at relevant market forums.

Key technical skills, knowledge and professional qualifications required:

1. Strong experience and understanding of the Lloyd’s (re)insurance market.
2. Proficient use of Microsoft Office and Business Intelligence tools, including Excel, Power BI etc.
3. Ability to effectively manage internal and external stakeholders of all levels.