At a Glance
- Tasks: Guide and optimise underwriting support teams for smooth operational delivery.
- Company: Join a leading player in the London Insurance Market with a remote/hybrid work culture.
- Benefits: Enjoy competitive pay, flexible working options, and opportunities for professional growth.
- Other info: Be part of a fast-paced environment with excellent career development opportunities.
- Why this job: Make a real impact by improving underwriting processes and supporting dynamic teams.
- Qualifications: Experience in underwriting operations and strong communication skills are essential.
The predicted salary is between 50000 - 65000 £ per year.
The Underwriting Operations Lead will be responsible for guiding and optimising underwriting support teams across both Company Market and Lloyd’s Syndicate platforms. This role ensures smooth operational delivery for client’s underwriting teams, enables high-quality risk setup workflows, and drives operational excellence across the business. The ideal candidate will combine strong knowledge of the London Market with hands-on experience partnering closely with underwriters, improving processes, and supporting the execution of operations strategies.
Key Responsibilities
- Oversee day-to-day underwriting operations across multiple business lines and clients, ensuring efficient processing, data quality, and compliance.
- Act as the primary operational contact for underwriters, helping remove friction from their workflows and ensuring they receive timely, accurate support.
- Champion consistent operating standards across Company Market and Lloyd’s Syndicate environments.
- Build strong, constructive relationships with client underwriting operations managers, underwriters, underwriting assistants, and underwriting management, fostering collaboration and proactive problem-solving and work as a conduit between onshore and offshore teams.
- Coordinate with underwriting teams to understand business priorities, product needs, and pipeline demands.
- Support in ensuring knowledge gaps are addressed and teams can process risk setup requests with clear understanding and SLA guidelines.
- Assist in capacity planning for underwriting support teams, ensuring adequate coverage during peak cycles and renewals.
- Evaluate and enhance underwriting operations processes, reducing delays and ensuring compliant, audit-ready documentation.
- Support in the creation of a knowledge base to address client requirements.
- Drive continuous improvement initiatives across submission intake, policy administration, bordereaux handling, sanctions checks, and issuance workflows.
- Implement and refine controls to ensure accuracy of data entering underwriting, finance, and regulatory systems.
- Monitor performance metrics, identify operational bottlenecks, and implement root-cause solutions.
Governance, Compliance & Controls
- Ensure underwriting processes comply with Lloyd’s minimum standards, internal policies, and relevant regulatory requirements.
- Oversee audit activity within the underwriting operations function, preparing documentation and facilitating remediation plans where required.
- Maintain robust record-keeping practices and ensure operational readiness for Lloyd’s reviews, external audits, and internal governance forums.
- Manage and mentor an underwriting operations team, fostering a culture of accountability, continuous learning, and service excellence.
- Set team objectives, conduct performance reviews, and ensure ongoing professional development.
- Drive morale, clarity of expectations, and cross-training to build a resilient and versatile operations function.
Skills & Experience Required
- Proven hands-on experience in underwriting operations within the London Market, including both Company Market and Lloyd’s environments.
- Strong understanding of Lloyd’s processes, governance requirements, and market systems (e.g., DCOM, SDC, PPL, Delegated Authority tools, bordereaux platforms).
- Hands-on experience with Market policy admin and placement systems like Eclipse, Subscribe, Whitespace.
- Demonstrated experience working closely with underwriters and senior underwriting leadership.
- Familiarity with end-to-end policy lifecycle processes, including submissions, endorsements, renewals, and technical accounting interfaces.
- Strong analytical ability and comfort working with operational MI, data quality dashboards, and process KPIs.
- Excellent communication, stakeholder-management, and influencing skills.
- Experience leading or mentoring operational teams.
- Detail-oriented approach with the ability to see the bigger picture and balance operational demands with strategic objectives.
- Ability to thrive in a fast-paced environment with competing priorities.
Preferred Attributes
- Experience with delegated underwriting authority operations and cover holder oversight.
- Background in underwriting transformation or system-implementation initiatives.
- Strong working knowledge of process-improvement techniques (Lean, Six Sigma, etc.).
Underwriting Operations Specialist in London employer: Ex
Contact Detail:
Ex Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriting Operations Specialist in London
✨Tip Number 1
Network like a pro! Reach out to folks in the London Market, especially those in underwriting operations. A casual chat can lead to opportunities that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of Lloyd’s processes and market systems. We want you to be able to discuss how you can improve workflows and support underwriters effectively.
✨Tip Number 3
Showcase your hands-on experience! Be ready to share specific examples of how you've optimised underwriting operations or tackled compliance challenges in past roles.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed and shows you’re serious about joining our team.
We think you need these skills to ace Underwriting Operations Specialist in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Underwriting Operations Specialist role. Highlight your experience in underwriting operations, especially within the London Market, and showcase any relevant skills that match the job description.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific experiences where you've improved processes or supported underwriters, and show us your passion for operational excellence.
Showcase Your Skills: Don’t forget to highlight your analytical abilities and familiarity with market systems like DCOM and Eclipse. We want to see how you can contribute to our team and drive continuous improvement initiatives.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Ex
✨Know Your Underwriting Operations
Make sure you brush up on your knowledge of underwriting operations, especially within the London Market. Familiarise yourself with key processes, tools like DCOM and Eclipse, and the specific challenges underwriters face. This will help you speak confidently about how you can add value to their team.
✨Showcase Your Problem-Solving Skills
Prepare examples of how you've tackled operational bottlenecks or improved processes in previous roles. Be ready to discuss specific situations where you’ve enhanced workflows or supported underwriters effectively. This will demonstrate your hands-on experience and ability to drive operational excellence.
✨Build Rapport with Interviewers
During the interview, focus on building a connection with your interviewers. Ask insightful questions about their current challenges and express genuine interest in their operations. This shows that you’re not just looking for a job, but are keen to collaborate and contribute positively to their team.
✨Highlight Your Leadership Experience
If you have experience mentoring or leading teams, make sure to highlight this. Discuss how you’ve fostered a culture of accountability and continuous learning. This is particularly important as the role involves managing an underwriting operations team, so showcasing your leadership skills will set you apart.