Job Description -
This exciting new role is to assist with the management of existing delegated authority portfolios of business and the assessment of and onboarding of new opportunities in continental Europe and the UK. It would suit someone looking for their second job within Insurance. You would help with the relationship management of MGA's; prepare stats for meetings; follow up on underwriting & compliance actions; and get involved in underwriting. We are looking for an assistant who is keen to develop as an underwriter & be open to learning a variety of classes of business.
KEY RESPONSIBILITIES -
- Assist with conducting of due diligence on new programs in the UK and EU, to select well performing MGAs to partner.
- Assist with the account management of Programs, including monitoring performance and challenging results at quarterly review meetings and audits
- Conducting monthly oversight and case reviews of the live Programs
- Providing assistance with the coverage offered to underlying policyholders by working with our Wordings Specialist in the assessment of Coverholder/MGAs policy wordings
- Assessing with the rating approach of MGA partners during due diligence and ongoing when live.
- Assist product underwriters with the assessment of new products and schemes as introduced by live Coverholders for approval or otherwise
- Assisting with building and implementing best practice for the management and control of Programs
- Interacting on a daily, weekly and monthly basis with LIVE Coverholders and new opportunities as a point of contact, travelling as required to meet with the live MGA partners and the Pipeline of new opportunities
- Work with lead underwriter to monitor the performance of coverholders
