Underwriting Analyst - Davies Consulting

Delegated Underwriting Analyst

Application Deadline: 7 June 2025

Department: UW Oversight

Employment Type: Permanent – Full Time

Location: London UK

Reporting To: Tom Smith

Description
Work alongside the Delegated Underwriting manager in the review and oversight of delegated authority arrangements. Assist in the delivery of Asta's Delegated Underwriting Policy & Process and provide managed syndicates with assistance and guidance on Delegated Underwriting Matters

Key Responsibilities

• Review and approval of due diligence information and delegated authority contracts for DUA business written by Asta's syndicates and managed MGAs.
• Coordination of coverholder audits in the DAM system. Review of audit reports and follow-up of audit recommendations with managed syndicates.
• Maintenance of records in the Asta DUA system
• Responsible for the production of reports and MI management information (MI) for internal meetings and regular syndicate meetings.
• Administration of Atlas tasks, entry of new binders on the Delegated Contract and Oversight Manager (DCOM), Delegated Audit manager (DAM) audit scoping, monitoring and providing support to syndicates on Delegated Data Manager (DDM).
• Assist the DUA manager in the delivery of Asta's delegated authority oversight strategy in line with Lloyd's Minimum Standards

Key personal and technical skills required
Key personal skills required

• Communication: good interpersonal and written skills that enable the individual to build trust with senior members of managed syndicates, coverholders and brokers
• Effective organisational skills and a proactive outlook in setting and prioritising work and meeting deadlines
• Flexibility: A sense of perspective and commercial awareness
• Able to work unsupervised, the role assumes a degree of autonomy
• Good level of numeracy and attention to detail
• Ability to work as an effective team member or as an individual, as circumstances dictate.

Key technical skills, knowledge and professional qualifications required

• Current and relevant experience in a delegated underwriting role.
• Good working knowledge of MS Office (or similar) programs, particularly Word and Excel
• A good understanding of Lloyd's requirements for delegated underwriting arrangements, essential
• Working knowledge of the structure and content of binding authority, lineslip and consortium agreements
• Prior use of Lloyd's systems including Atlas, DCOM, DAM, DDM, Crystal and Risk Locator, essential