Senior Underwriting Analyst Full Time Division: Marine Department: Underwriting Management Reports To: Assistant Underwriting Manager Location: London OR Rotterdam OR Antwerp OR Paris MSIG Specialty Marine Background MSIG Specialty Marine is a captive managing general agent (cover holder) that offers tailored marine insurance solutions. We can combine multiple carrier options, giving A-rating capital flexibility. Backed up by one of the largest teams of underwriters and claims handlers in Europe we provide the service, knowledge and expertise that will help our clients navigate the market. We have a team of approximately 220 specialist staff with one of the broadest product ranges on offer across our markets (8 main product lines). We are known for our market leading knowledge-based UW, Claims, Risk advise & training. Client focus is key Dimensions Supporting the (Assistant) Underwriting Manager in the reporting and monitoring activities of MSIG Specialty Marine across its various offices (Netherlands, Belgium, France, UK, Germany and Singapore). The responsibility areas include performance monitoring, business planning, exposure management & data entry, reserving and the provision of management information and market analysis. In this role you will be exposed to numerous stakeholders and perform thoughtful analysis contributing to a valuable portfolio. The ideal candidate will have at least 3 years’ experience in the insurance industry, with a strong understanding of insurance operations and underwriting management. They will be a proactive self-starter with excellent communication skills, strong attention to detail, and a continuous improvement mindset. The role involves regular engagement with senior stakeholders, including Country Managers, Product Leads, the Underwriting Director, and cross-functional teams across the organisation. Key Result Areas Portfolio and Performance Monitoring Responsible for supporting the (Assistant) Underwriting Manager in the delivery of reserving and portfolio monitoring & analysis, whether on a regional, country or product basis. Support includes: Preparation & review of performance & monitoring reports and analysis Periodic monitoring of underwriting performance Co-ordination of results and feeding these into reporting tools Co-ordination and production of information stemming from ad-hoc queries to support the underwriters as required Continuously looking for areas we can improve existing processes to make them more efficient and effective. Data quality reporting. Business Planning Support the (Assistant) Underwriting Manager with the co-ordination, input and production of the annual Underwriting Business Plan. This includes: Preparation and review of supporting reports for discussions Monitor and challenge the performance (income, rate movement and losses) against business plans Coordination of outputs and ensuring they are reported on for various stakeholders. Strategy Support the UM team to: Ensure timely co-ordination, input and production of the annual Underwriting Business Plan Ensure the regulatory requirements are embedded into the (sub)product business plan including but not limited to allocation of capital to individual product lines, risk based Oversee and monitor achievement of the (sub)product against the business plan, taking corrective action as appropriate Actively monitor and challenge loss ratio performance for the region including the class strategies. Exposure Management Support Underwriters and the exposure modelling process by taking ownership of static exposure and aggregate monitoring. This includes: To ensure that underwriting exposure data is entered onto specialist modelling and insurance software in a timely and accurate manner To act as a key point of contact for all queries on related classes with day to day contact with underwriters and underwriting assistants Developed and enhanced exposure management reports and procedures, including cross-class radial reports and data management tools, to improve risk analysis and reporting efficiency. Compliance and Risk Management Ensure compliance with relevant entity policy, risk, regulatory and legal requirements, reporting any issues as appropriate. Reserving Support the Assistant Underwriting Manager with the production of reserving material for UM and Underwriters as well as ensuring rigorous challenge of both the underwriting and actuarial projections as well as a correct insight into how these results are realised. Assist with the review and production of quarterly result forecasts. Projects Support the Underwriting Management team by providing critical input and constructive challenge into various projects. Qualifications and Competencies Minimum of 3 years’ experience within insurance industry Proactive attitude and ability to work independently as well as being a valued team member Excellent analytical, communication and interpersonal skills Knowledge of Marine insurance business is desirable Demonstrate strong knowledge and usage of the Microsoft Office suite (particularly Excel, PowerPoint and Word) Process management capabilities Strong communication skills Business knowledge and commercial awareness Strive for excellent customer service Adaptability to change Customer Relationships Ability to build effective relationships Effective time management and attention to detail Experience with Sequel Impact and / or SQL Server Management Studio is desirable but not required