At a Glance
- Tasks: Support governance of Coverholders, manage audits, and produce management reports.
- Company: Join a leading insurance firm with a focus on innovation and compliance.
- Benefits: Attractive salary, flexible working options, and opportunities for professional growth.
- Why this job: Make a real impact in the insurance industry while developing your skills.
- Qualifications: Strong technical knowledge in underwriting and excellent stakeholder management skills.
- Other info: Dynamic team environment with mentorship opportunities for career advancement.
The predicted salary is between 48000 - 72000 £ per year.
We’re looking for a Delegated Underwriting Specialist to support the governance and oversight of Coverholders and binding authority agreements. The role involves reviewing applications, managing audits, producing management information (MI) reports, and liaising across internal teams to ensure compliance. Strong technical knowledge and stakeholder management skills are essential.
Key Responsibilities- Support the implementation and continuous improvement of delegated underwriting governance and oversight frameworks.
- Monitor emerging regulatory changes and recommend updates to policies and procedures.
- Review and approve new Coverholder applications, Delegated Claims Administrator (DCA) arrangements, and existing binding authority agreements.
- Produce and maintain the annual audit schedule for Coverholders and DCAs, and manage relationships with audit panel providers.
- Review audit reports and ensure timely follow-up on findings and recommendations.
- Prepare and distribute reports and management information for internal meetings.
- Administer tasks within relevant underwriting and compliance systems.
- Support and mentor junior team members.
- Coordinate with Finance, Claims, and Compliance teams to ensure smooth operational processes.
- Assist with ongoing projects and complete ad hoc tasks as required.
Senior Delegated Underwriting Analyst in Slough employer: Edenbrook
Contact Detail:
Edenbrook Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Delegated Underwriting Analyst in Slough
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work in delegated underwriting. A friendly chat can lead to insider info about job openings that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge and stakeholder management skills. We recommend practising common interview questions related to governance and oversight frameworks to show you’re the right fit.
✨Tip Number 3
Don’t forget to showcase your experience with audits and compliance during interviews. Bring examples of how you’ve managed relationships with audit panel providers or improved processes in previous roles.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged with our platform.
We think you need these skills to ace Senior Delegated Underwriting Analyst in Slough
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Delegated Underwriting Analyst role. Highlight your experience with Coverholders, binding authority agreements, and any relevant audits you've managed. We want to see how your skills align with our needs!
Showcase Your Technical Knowledge: In your application, don’t shy away from showcasing your technical knowledge in underwriting governance. Mention specific frameworks or policies you’ve worked with, as this will demonstrate your expertise and understanding of the industry.
Be Clear and Concise: When writing your cover letter, keep it clear and concise. We appreciate straightforward communication, so get to the point about why you’re a great fit for the role and how you can contribute to our team.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications better and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Edenbrook
✨Know Your Underwriting Inside Out
Make sure you brush up on your technical knowledge related to delegated underwriting. Be prepared to discuss specific frameworks, governance processes, and any recent regulatory changes that could impact the role. This will show that you're not just familiar with the basics but are also proactive about staying updated.
✨Showcase Your Stakeholder Management Skills
Think of examples where you've successfully liaised with different teams or stakeholders. Prepare to discuss how you managed relationships and ensured compliance in past roles. This will demonstrate your ability to coordinate effectively across departments, which is crucial for this position.
✨Be Ready to Discuss Audits and Reports
Since the role involves managing audits and producing management information reports, be prepared to talk about your experience with these tasks. Bring examples of how you've handled audit findings and what steps you took to follow up on recommendations. This will highlight your attention to detail and commitment to continuous improvement.
✨Prepare Questions for Them
Interviews are a two-way street, so think of insightful questions to ask about their governance frameworks or how they handle emerging regulatory changes. This shows your genuine interest in the role and helps you assess if the company is the right fit for you.