Hybrid Underwriting Oversight and Controls Administrator at PoloWorks
PoloWorks · Cheltenham, United Kingdom · Hybrid
- Junior
- Office in Cheltenham
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.
Key Responsibilities
To 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.
To assist across the Underwriting Management Team of all BAU activities including but not limited to:
To assist across the Underwriting Management Team of all BAU activities including but not limited to:
- The tracking of exception reporting to completion.
- The tracking of Independent Expert Review findings and completion of actions.
- The tracking of File Review findings and completion of actions.
- Keeping a log of DQ checks for the PMA DoU and PMA COO.
- Logging PBQA and Sanctions checking and ensuring the closure of any resulting actions.
- Ensure Peer Review actions are logged and closed to completion.
- Ensure internal and external audit actions are logged and closed to completion.
To assist across the Underwriting Management Team in the gathering and presentation of MI for the Underwriting Committee and the Syndicate Management Committees packs
To assist across the Underwriting Management Team in ensuring BAU activity is on track for completion and delivery.
To keep a log of all referrals and maintain electronic files.
To take responsibility for the recording of and timely closure of actions arising from team meetings.
To take responsibility for the recording of and timely closure of actions arising from team meetings.
To maintain record keeping and action logs of syndicate related activities to support and evidence oversight.
To assist in the maintenance of the Underwriting Framework.
To provide support to the Underwriting Management Team in maintaining compliance with Loyd’s Principle for Doing Business and any applicable UK or International statutory regulatory obligations as required by their roles.
To 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.
Some knowledge of underwriting management information.
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.
Preferably graduate and ACII qualified or progress towards qualification.
Preferably graduate and ACII qualified or progress towards qualification.
Some understanding of underwriting oversight and controls.
May have previous experience of working in a Managing Agent or on the Company Market.
Demonstrates behavior’s 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
