Job Description
Job Title: Delegated Underwriting Analyst Location: London – Hybrid Department: Underwriting / Delegated Authority Job Summary: The Delegated Underwriting Analyst will play a key role in ensuring the accuracy, integrity, and compliance of data related to delegated underwriting arrangements. The role involves monitoring, analysing, and improving data quality while supporting the underwriting team in assessing and managing delegated authority relationships. Key Responsibilities: Data Quality Assurance: Ensure the accuracy, completeness, and consistency of delegated underwriting data, identifying and rectifying any data quality issues. Data Validation&Cleansing: Work with internal and external stakeholders to validate and cleanse bordereaux, ensuring data submissions align with regulatory and company standards. Process Improvement: Identify opportunities to enhance data collection, processing, and reporting procedures to optimize underwriting decision-making. Stakeholder Collaboration: Liaise with underwriters, claims teams, compliance, and IT teams to ensure data governance best practices are followed. Compliance&Reporting: Assist in the preparation of reports for regulatory bodies, auditors, and senior management on delegated authority performance and data quality trends. Technology&Systems: Utilise underwriting systems, data management tools, and analytics platforms to support data quality initiatives and process enhancements. Training&Support: Educate internal stakeholders on best practices related to data submission, validation, and reporting requirements. Essential: Experience in delegated underwriting, data analysis, or a related field within the insurance industry. Strong understanding of bordereaux processing, data governance, and regulatory compliance (e.g., Lloyd’s minimum standards). Proficiency in data management tools such as Excel, SQL, or Power BI. Ability to identify data inconsistencies and implement corrective actions. Strong analytical skills with a keen eye for detail. Excellent communication skills, both written and verbal, to engage with internal and external stakeholders. Ability to work independently while contributing to team objectives. Desirable: Experience working with underwriting systems such as Delegated Data Manager (DDM) or similar platforms. Knowledge of Lloyd’s reporting requirements and Coverholder management. Exposure to automation tools and process improvement methodologies.