Syndicate Underwriting Manager Job at PoloWorks (London)

Job Description

To support the Deputy Director of Underwriting with the delivery and oversight of the underwriting oversight framework and in the delivery of business planning activities across a portfolio of syndicates.

Job Responsibility

To report to the Deputy Director of Underwriting in all matters relating to the delivery of the managing agency underwriting controls and oversight framework and the onboarding of new syndicates into the framework
Work alongside the Head of Underwriting Management & Onboarding and the Head of Underwriting Operations to agree the Underwriting Oversight Framework and its implementation at new syndicates
To monitor managed syndicates against the agreed syndicate business plans including the review of monthly and quarterly underwriting performance reports
To consider performance strategies and work with the Deputy DoU in the implementation of corrective action if required
To work alongside the Underwriting Controls function of the Underwriting Management Team to investigate deviations from agreed plan and agree strategies for corrective actions
To review syndicate business plans for the prospective year of account, leading on the SBF process internally and externally with a portfolio of syndicates, to ensure timely review, challenge and submission to Lloyd’s
To lead on Underwriting matters at the monthly Underwriting Committee with specific syndicates
To lead on any Mid-Year Changes requested by syndicates, ensuring the necessary co-ordination across functions and making recommendations to the PMA Deputy DoU
May be requested to work with the Director of Underwriting and the New Business Director, depending on the portfolio of the new business opportunity
To work alongside the Underwriting Controls Function on syndicate BAU activities
To maintain record keeping and action logs of syndicate related activities to support and evidence oversight
To maintain compliance with Loyd’s Principle for Doing Business and any applicable UK or International statutory regulatory obligations as required by the role
To conduct ad hoc reviews and projects as required

Requirements

Experienced in the Lloyd's market with a solid underwriting background, supported by practical experience in underwriting oversight
Sound knowledge of Underwriting Governance and Controls Frameworks
Sound knowledge of underwriting management information
Self-motivated and proactive
Strong organisational and planning skills, with the ability to prioritise and deliver results under pressure
Ability to adapt to changing priorities and manage multiple deadlines
Ability to interrogate large data sets and produce committee packs as required for regular meetings
Good level of IT skills including Excel
Highly numerate with strong analytical and problem-solving skills
Excellent written and verbal communication skills and strong interpersonal skills
Ability to work collaboratively and establish strong relationships

What we offer

Discretionary annual bonus
Minimum 26 days of annual leave (with the option to buy more)
Flexible, hybrid working
Private health insurance
Life assurance
Income protection
Enhanced pension contributions
Occupational maternity and paternity pay
Company volunteering days
Electric Vehicle (EV) leasing scheme
Employee assistance programme with retail discounts and savings
Generous employee referral scheme
Regular sports and social events

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Syndicate Underwriting Manager

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