Underwriting Administrator
Department: Managing Agency
Employment Type: Permanent
Location: Cheltenham
Compensation: £30,000 - £40,000 / year
Description
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 role is crucial in ensuring the effective operation of our underwriting governance and control processes.
Key Responsibilities
* Assist the Head of Underwriting Oversight & Onboarding in delivering the managing agency underwriting oversight and controls framework and onboarding new syndicates.
* Support the Underwriting Management Team with BAU activities, including exception reporting, review findings, and action tracking.
* Maintain logs of DQ checks, PBQA, Sanctions checks, and ensure closure of related actions.
* Log and close Peer Review and audit actions.
* Assist in gathering and presenting MI for Underwriting and Syndicate Management Committees.
* Ensure BAU activities are on track for timely completion.
* Maintain records of referrals, meeting actions, and syndicate activities for oversight purposes.
* Support in maintaining the Underwriting Framework.
* Assist in ensuring compliance with Lloyd’s Principles and relevant regulatory obligations.
* Participate in ad hoc reviews and projects as required.
Skills, Knowledge and Expertise
* Experience in Lloyd’s or Company market underwriting support roles is preferred but not essential.
* Self-motivated, proactive, and adaptable to changing priorities.
* Strong IT skills, especially in Excel.
* Excellent communication and interpersonal skills.
* Ability to work collaboratively and build relationships.
* ACII qualification or working towards it.
* Understanding of underwriting oversight and controls is advantageous.
* Experience in Managing Agent or Company Market roles is a plus.
We value behaviors aligned with Polo Works PRIDE: Pioneering, Responsible, Inclusive, Delivery Focused, and Empowering.
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