Delegated Underwriting Authority (DUA) Analyst - London or Madrid
Delegated Underwriting Authority (DUA) Analyst - London or Madrid

Delegated Underwriting Authority (DUA) Analyst - London or Madrid

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our team as a DUA Analyst, focusing on data analysis and compliance in underwriting.
  • Company: Everest Advisors is a leading global insurance provider with nearly 50 years of experience.
  • Benefits: Enjoy flexible work arrangements, professional development, and generous tuition reimbursement.
  • Why this job: Be part of an innovative culture that values collaboration and personal growth.
  • Qualifications: Experience in insurance, strong analytical skills, and proficiency in Excel are essential.
  • Other info: Fluency in English and Spanish is a plus; we encourage diverse applicants to apply.

The predicted salary is between 36000 - 60000 £ per year.

Title: Delegated Underwriting Authority (DUA) Analyst – London or Madrid Company: Everest Advisors (Uk), Ltd. Job Category: Underwriting Operations Job Description: Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups. Role Purpose: The Delegated Authority (DA) Operations team at Everest is looking for a DA Analyst to join the growing division. The fundamentals of the team are to support the pre and post bind functionality of business processes and procedures, administration and analysis around the oversight and governance of Delegated Authority (DA) facilities, including bordereaux receipts across Everest platforms, ensuring the business has been processed in compliance with regulatory minimum standards. The individual will focus on the post bind activities within the DA function. The role holder will be primarily responsible for analysing data, conduct risk, administering EPI and PC processes as well as working closely with multiple stakeholders with exposure to Underwriting, Finance, Claims, & Credit Control. The candidate will be based in Madrid or London initially supporting the UK&I business. As we grow there will be an opportunity to support broader markets. Key Responsibilities: Produce and deliver management information and reporting. Own Estimated Premium Income (EPI) analysis, collaborating with Underwriting, Credit Control, and DA team members. Lead the analysis Conduct Management Information, partnering with Claims Vendor Management for governance of high conduct risk Coverholders/MGAs. Manage Employers’ Liability administration, including monitoring, audits, and stakeholder coordination. Act as Compliance Champion, liaising with the Compliance team. Handle Profit Commission analysis and engage with stakeholders for transparency. Monitor and resolve DA Credit Control issues. Key Accountabilities: Prepare and submit Committee reports. Support ad hoc reporting and analysis tasks. Oversee conduct oversight responsibilities for high-risk Coverholders/MGAs. Ensure accuracy in Profit Commission analysis and stakeholder communication. Manage Employers’ Liability exposure and maintain audit-ready databases. Promote adherence to Everest’s compliance framework. Assist DA Team Managers and stakeholders with timely reporting and analysis. Requirements: Experience in a similar role within the insurance industry, ideally within Delegated Underwriting in the London Market Excellent organisational and analytical skills. Proficiency in Microsoft Excel (Pivot Tables, Vlookup, Sumif). Problem solving ability. Strong communication skills. Willingness to learn new skills and take on new tasks. English and Spanish language skills desirable (verbal and written) Working towards insurance professional qualifications desired. Must be numerate What if I don’t meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn’t align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process. Our Culture At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture. Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging. Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together. All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve. Type: Regular Time Type: Full time Primary Location: London Additional Locations: Madrid, Spain Privacy Notice | Everest (everestglobal.com) #J-18808-Ljbffr

Delegated Underwriting Authority (DUA) Analyst - London or Madrid employer: Everest Re Group,

Everest Advisors is an exceptional employer, offering a dynamic work environment in either London or Madrid, where employees are valued as the company's most critical asset. With a strong focus on professional development, flexible work arrangements, and a commitment to inclusivity, Everest fosters a culture of collaboration and innovation, ensuring that team members have ample opportunities for growth and meaningful contributions to the insurance industry.
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Contact Detail:

Everest Re Group, Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Delegated Underwriting Authority (DUA) Analyst - London or Madrid

✨Tip Number 1

Familiarise yourself with the Delegated Underwriting Authority (DUA) processes and regulations. Understanding the compliance framework and risk management practices specific to the insurance industry will give you a significant edge during interviews.

✨Tip Number 2

Network with professionals in the insurance sector, particularly those involved in underwriting and compliance. Attend industry events or join relevant online forums to connect with potential colleagues and learn more about the company culture at Everest.

✨Tip Number 3

Brush up on your Excel skills, especially with Pivot Tables and VLOOKUP functions. Being proficient in these tools is crucial for the analytical tasks you'll be handling, and showcasing this skill can set you apart from other candidates.

✨Tip Number 4

Prepare to discuss your problem-solving abilities and provide examples of how you've successfully navigated challenges in previous roles. This will demonstrate your readiness to tackle the responsibilities outlined in the job description.

We think you need these skills to ace Delegated Underwriting Authority (DUA) Analyst - London or Madrid

Analytical Skills
Organisational Skills
Proficiency in Microsoft Excel (Pivot Tables, Vlookup, Sumif)
Problem-Solving Skills
Strong Communication Skills
Numeracy
Knowledge of Delegated Underwriting
Experience in the Insurance Industry
Stakeholder Management
Compliance Awareness
Data Analysis
Attention to Detail
Ability to Work with Multiple Stakeholders
Adaptability and Willingness to Learn

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the DUA Analyst position. Tailor your application to highlight relevant experience in underwriting operations and data analysis.

Highlight Relevant Skills: Emphasise your organisational and analytical skills in your CV and cover letter. Mention your proficiency in Microsoft Excel, especially with Pivot Tables and Vlookup, as these are crucial for the role.

Showcase Your Experience: If you have experience in the insurance industry or specifically in Delegated Underwriting, make sure to detail this in your application. Use specific examples to demonstrate your problem-solving abilities and communication skills.

Express Your Willingness to Learn: In your cover letter, convey your eagerness to learn new skills and take on new tasks. This aligns with Everest's culture of professional development and can set you apart from other candidates.

How to prepare for a job interview at Everest Re Group,

✨Understand the Role

Make sure you thoroughly understand the responsibilities of a DUA Analyst. Familiarise yourself with key terms like Estimated Premium Income (EPI) and Profit Commission analysis, as well as the importance of compliance in the insurance industry.

✨Showcase Your Analytical Skills

Prepare to discuss your experience with data analysis, particularly using Microsoft Excel. Be ready to provide examples of how you've used tools like Pivot Tables and Vlookup in previous roles to solve problems or improve processes.

✨Demonstrate Communication Skills

Since the role involves liaising with multiple stakeholders, practice articulating your thoughts clearly. Prepare to discuss how you've effectively communicated complex information in the past, especially in a collaborative environment.

✨Emphasise Your Willingness to Learn

Express your enthusiasm for continuous learning and professional development. Mention any relevant courses or qualifications you're pursuing, and be open about your eagerness to take on new tasks and challenges within the role.

Delegated Underwriting Authority (DUA) Analyst - London or Madrid
Everest Re Group,
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