Loss Fund Analyst (£50K - £55K)
We are looking for a Loss Fund Analyst to join our Governance & Delegated team, taking responsibility for the full end-to-end loss-fund process.
Make an Impact
If you’re searching for a role where the work you do has real value, this is a place where your contribution matters. You’ll be part of a global community of problem-solvers who encourage one another to grow, push boundaries, and help others achieve their goals.
Join us and play a meaningful part in a team that’s working toward something special.
About the Opportunity
Our Wholesale division consists of six specialist underwriting groups—Cyber, Energy, Equine & Livestock, Marine, Professional & Financial Risks, and Trade Credit/Political Risk/Surety. These are supported by dedicated claims experts, underwriting operations, delegated underwriting specialists, and business development teams.
With a strong international presence across the UK, the US, and Asia, our teams work collaboratively toward a shared goal: delivering exceptional specialty insurance solutions and creating strong career pathways for our people.
The Governance & Delegated Underwriting team provides centralised support and oversight, including underwriting due diligence, bordereaux processing, credit control, audits, and reporting. The team also works closely with brokers, coverholders, and regulatory contacts.
We are now looking for a Loss Fund Analyst who will manage and coordinate the entire delegated underwriting loss-fund process. You’ll contribute directly to team targets and the wider success of the department.
Key Responsibilities
* Manage the full end-to-end loss-fund process, including cash loss funds, Vitesse accounts, and Faster Claims Payments (FCP).
* Ensure compliance with Lloyd’s requirements and any other relevant regulatory standards.
* Conduct and review loss-fund reconciliations with delegated partners.
* Maintain a strong control framework for loss-fund governance.
* Act as the primary contact for delegated partners and Vitesse regarding loss-fund activity.
* Provide guidance and support to internal teams on loss-fund queries.
* Monitor adherence to internal policies and regulatory expectations.
* Collaborate with the claims team to resolve discrepancies or partner-raised concerns.
* Produce regular reporting to support oversight and process improvement.
* Assist with the expansion and implementation of Faster Claims Payments (FCP).
* Deliver training to internal stakeholders on best practices and process updates.
What You’ll Bring
* Solid understanding of loss-fund processes and operational procedures.
* Ability to analyse, interpret, and present data in a meaningful way.
* Proficiency with Microsoft Office, particularly Excel.
* Experience with Power BI is an advantage.
* Minimum GCSE (or equivalent) education.
* Experience with delegated underwriting operations.
* Strong communication and stakeholder-management skills.
* Understanding of Lloyd’s v5.2 bordereaux minimum standards.
* Knowledge of the Vitesse Loss Fund Management Platform is a plus.
* Familiarity with Faster Claims Payments (FCP) is beneficial.
* Experience with Eclipse is an advantage.
What You’ll Receive
* Competitive starting salary, annual bonus, and a strong benefits package.
* 25 days of annual leave plus bank holidays, with the option to buy or sell additional days.
* Robust pension plan, private medical and dental coverage, life assurance, travel insurance, income protection, and more.
* Extensive opportunities to develop new skills and advance your career with full support and training.