Title:Delegated Underwriting Authority (DUA) Analyst - London or Madrid
Company:Everest Advisors (Uk), Ltd.
Job Category:Underwriting Operations
Job Description:
Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.
Role Purpose:
The Delegated Authority (DA) Operations team at Everest is looking for a DA Analyst to join the growing division. The fundamentals of the team are to support the pre and post bind functionality of business processes and procedures, administration and analysis around the oversight and governance of Delegated Authority (DA) facilities, including bordereaux receipts across Everest platforms, ensuring the business has been processed in compliance with regulatory minimum standards.
The individual will focus on the post bind activities within the DA function. The role holder will be primarily responsible for analysing data, conduct risk, administering EPI and PC processes as well as working closely with multiple stakeholders with exposure to Underwriting, Finance, Claims, & Credit Control. The candidate will be based in Madrid or London initially supporting the UK&I business. As we grow there will be an opportunity to support broader markets.
Key Responsibilities:
* Produce and deliver management information and reporting.
* Own Estimated Premium Income (EPI) analysis, collaborating with Underwriting, Credit Control, and DA team members.
* Lead the analysis Conduct Management Information, partnering with Claims Vendor Management for governance of high conduct risk Coverholders/MGAs.
* Manage Employers’ Liability administration, including monitoring, audits, and stakeholder coordination.
* Act as Compliance Champion, liaising with the Compliance team.
* Handle Profit Commission analysis and engage with stakeholders for transparency.
* Monitor and resolve DA Credit Control issues.
Key Accountabilities:
* Prepare and submit Committee reports.
* Support ad hoc reporting and analysis tasks.
* Oversee conduct oversight responsibilities for high-risk Coverholders/MGAs.
* Ensure accuracy in Profit Commission analysis and stakeholder communication.
* Manage Employers’ Liability exposure and maintain audit-ready databases.
* Promote adherence to Everest’s compliance framework.
* Assist DA Team Managers and stakeholders with timely reporting and analysis.
Requirements:
* Experience in a similar role within the insurance industry, ideally within Delegated Underwriting in the London Market
* Excellent organisational and analytical skills.
* Proficiency in Microsoft Excel (Pivot Tables, Vlookup, Sumif).
* Problem solving ability.
* Strong communication skills.
* Willingness to learn new skills and take on new tasks.
* English and Spanish language skills desirable (verbal and written)
* Working towards insurance professional qualifications desired.
* Must be numerate
What if I don’t meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn’t align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.
Our Culture
At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Clickhereto learn more about our culture.
* Our Valuesare the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.
* Our Colleague Behaviorsdefine how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.
All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.
Type:
RegularTime Type:
Full timePrimary Location:
London
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