Job Description
I am currently supporting a Global Specialty Insurer on a Underwriting Controls Manager hire.
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Role Responsibilities
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- Own and maintain the underwriting controls framework, ensuring compliance with regulatory requirements, Lloyd’s Oversight Principles, internal policies and market best practice.
- Own key underwriting policies and documentation, including Underwriting Policies and Procedures, Underwriting Guidelines, Pricing Policy and Procedures, Independent Review Policy and Underwriting Letters of Authority.
- Lead underwriting controls monitoring and reporting, including exceptions monitoring, controls testing, monthly KPI reporting and escalation of key issues to the Underwriting Committee.
- Oversee key underwriting governance and regulatory processes
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The Ideal Candidate
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- Minimum 5 years’ relevant experience within Lloyd’s or the London Market, ideally across underwriting controls, operations, risk or compliance.
- Strong knowledge of Lloyd’s regulatory requirements, including the Lloyd’s Oversight Principles and underwriting controls frameworks.
- Strong organisational and stakeholder management skills, with the ability to prioritise competing demands and deliver to tight deadlines.
- Strong analytical and technical skills, including experience of underwriting controls, exceptions reporting and pre-bind quality assurance, with good proficiency in Microsoft Excel, Word and PowerPoint. CII Advanced Diploma or ACII preferred.
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Underwriting Controls Manager in City of London employer: Edenbrook
Edenbrook is an exceptional employer that fosters a collaborative and innovative work culture, making it an ideal place for professionals in the financial reporting sector. With a strong commitment to employee development, we offer numerous growth opportunities and support for continuous learning, all while working in a dynamic environment that values integrity and excellence. Located in a vibrant area, our team enjoys a balanced work-life experience alongside competitive benefits tailored to enhance both personal and professional well-being.