Delegated Underwriting Authority Analyst

Posted 19 Days Ago
Be an Early Applicant
London, Greater London, England
1-3 Years Experience
Financial Services
The Role
Administration of coverholder and binding authority due diligence reviews. Collation of due diligence-related documentation. Monitor renewal cycle for delegated facilities. Liaise with stakeholders. Maintain records in management tool. Assist with report production. Assist in audit management.
Summary Generated by Built In

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

Key Tasks and Responsibilities

Administration of coverholder and binding authority due diligence reviews, including pre-bind quality assurance checks and completion of due diligence review forms

  • Collation of due diligence related documentation from coverholders and Market systems (Lloyd’s Atlas) as appropriate
  • Monitor the upcoming renewal cycle for delegated facilities
  • Liaise with internal and external stakeholders to resolve issues arising from the due diligence process and the ongoing oversight of the delegated underwriting portfolio
  • Maintain coverholder and binding authority records in the coverholder and binding authority management tool (Intarga)
  • Monitoring the DUA team mailbox, sharing communications with the appropriate teams
  • Assist with the production of regular and ad hoc reports for the business
  • Assist the DUA Audit Manager in the life cycle management of the Arch Coverholder Audit Schedule

Role Requirements & Skills

Skills / Competencies

  • MS Office, Excel intermediate
  • Understanding of insurance required, knowledge of delegated arrangements (binding authorities, consortia)
  • Demonstrated project management skills
  • Excellent communications skills, both verbal and written
  • Strong interpersonal and team working skills

Qualifications

  • A Level or equivalent education minimum
  • Ideally working towards CII qualification or equivalent
  • Strong analysis and data processing skills

Experience

  • Previous experience in insurance / financial services role desirable

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

Top Skills

Excel
The Company
HQ: White Plains, NY
285 Employees
On-site Workplace
Year Founded: 2001

What We Do

Arch Capital Group Ltd. (Arch Capital or ACGL), a Bermuda public limited liability company, writes insurance and reinsurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe and Australia, with a focus on specialty lines. Arch Capital Services LLC is owned by ACGL and provides corporate, legal and other support services to Arch Capital.

ACGL provides insurance, reinsurance and mortgage insurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe, Australia and Hong Kong.

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