Join to apply for the Underwriting Oversight & Controls Administrator role at PoloWorks
Polo Managing Agency is seeking a detail-oriented Underwriting Oversight & Control Administrator to support the delivery and oversight of our underwriting framework, as well as the onboarding of new syndicates. This is an exciting opportunity to play a pivotal role in ensuring the effective operation of our underwriting governance and control processes.
Responsibilities
* Report to the Head of Underwriting Oversight & Onboarding and assist in all matters relating to the delivery of the managing agency underwriting oversight and controls framework and onboarding of new syndicates into the framework.
* Assist across the Underwriting Management Team with BAU activities including but not limited to:
* Track exception reporting to completion.
* Track Independent Expert Review findings and completion of actions.
* Track File Review findings and completion of actions.
* Keep a log of DQ checks for the PMA DoU and PMA COO.
* Log PBQA and Sanctions checking and ensure closure of resulting actions.
* Ensure Peer Review actions are logged and closed to completion.
* Ensure internal and external audit actions are logged and closed to completion.
* Assist in gathering and presenting MI for the Underwriting Committee and the Syndicate Management Committees packs.
* Assist in ensuring BAU activity is on track for completion and delivery.
* Keep a log of all referrals and maintain electronic files.
* Record and timely close actions arising from team meetings.
* Maintain record keeping and action logs of syndicate related activities to support and evidence oversight.
* Assist in the maintenance of the Underwriting Framework.
* Support the Underwriting Management Team in maintaining compliance with Lloyd’s Principle for Doing Business and any applicable UK or International statutory regulatory obligations as required by their roles.
* Conduct ad hoc reviews and projects as required.
Skills, Knowledge And Expertise
* Some experience in the Lloyd’s or Company market in an underwriting support function role preferable but not essential.
* Self-motivated and proactive.
* Ability to adapt to changing priorities and manage multiple deadlines.
* High level of IT skills including Excel.
* Excellent written and verbal communication skills and strong interpersonal skills.
* Ability to work collaboratively and establish strong relationships.
* ACII qualified or looking to progress towards qualification.
* Some understanding of underwriting oversight and controls preferable.
* May have previous experience of working in a Managing Agent or on the Company Market.
* Demonstrates behaviours aligned to the Polo Works PRIDE values:
* Pioneering – we don’t stand still
* Responsible – We do the right thing
* Inclusive – we all play a role
* Delivery Focused – we provide services we are proud of
* Empowering – we equip people to be their best
Seniority & Employment
* Seniority level: Entry level
* Employment type: Full-time
* Job function: Accounting/Auditing and Finance
* Industries: Insurance
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