At a Glance
- Tasks: Support onboarding and due diligence for coverholders and MGAs in the London Market.
- Company: G MASS Consulting, a key player in the London Market insurance sector.
- Benefits: 6-month contract, hybrid work model, and a collaborative team environment.
- Other info: Engage with diverse stakeholders and manage exciting challenges during renewal periods.
- Why this job: Join a dynamic team and make an impact in the insurance industry.
- Qualifications: Two years' experience in coverholder/MGA onboarding and strong attention to detail.
The predicted salary is between 40500 - 49500 £ per year.
G MASS Consulting is looking for a Coverholder / MGA Onboarding and Due Diligence Analyst to support one of our clients, a services business supporting the London Market insurance sector. Sitting within the delegated authority team, this role will provide additional capacity in the run-up to 1 January and throughout the renewal period. The primary focus will be progressing coverholder and MGA onboarding using DCOM and ATLAS, alongside supporting due diligence reviews.
Responsibilities
- Progress coverholder and MGA onboarding using DCOM and ATLAS, ensuring submissions and records are accurate and complete.
- Coordinate onboarding documentation, follow up on outstanding information and track progress through to completion.
- Support coverholder and MGA due diligence reviews, including renewals.
- Review ownership, financial standing, licensing, compliance arrangements and operational controls, identifying gaps and escalating risks.
- Liaise with coverholders, MGAs, brokers and relevant client teams to progress onboarding and reviews.
- Maintain accurate records and manage competing deadlines throughout the renewal period.
Requirements
- Minimum two years' relevant experience in coverholder / MGA onboarding and due diligence within the London Market.
- Hands-on experience using DCOM and ATLAS to support onboarding and maintain records.
- Good understanding of delegated authority arrangements and coverholder oversight.
- Experience reviewing onboarding and due diligence submissions, identifying gaps and documenting findings.
- Strong attention to detail and the ability to manage competing deadlines during a busy renewal period.
- Clear communication skills and confidence engaging with internal and external stakeholders.
Benefits
- Length: 6m initial contract.
- Hybrid / 3 days per week in the office.
Coverholder / MGA Onboarding and Due Diligence Analyst employer: G MASS Consulting
G MASS Consulting is an exceptional employer, offering a dynamic work culture that fosters innovation and independence, particularly in the regulated insurance sector. Employees benefit from hands-on experience with cutting-edge technologies like SharePoint and Power Platform, alongside opportunities for professional growth and contract extensions. Located in a vibrant area, the company prioritises employee well-being and collaboration, making it an ideal place for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Coverholder / MGA Onboarding and Due Diligence Analyst
✨Tap into Local Agencies
For temporary roles like the one at G MASS Consulting, don't overlook local recruitment agencies that specialise in the insurance sector. They often have inside info on your local market and can help you get your foot in the door quicker!
✨Seasonal Opportunities Are Gold
Insurance companies often ramp up staffing for specific seasons, especially during peak times like annual policy renewals. Keep an eye out for those temporary gigs and be ready to jump in. Make sure you’re on our website regularly to catch those listings!
✨Network with Industry Pros
Join insurance-focused online platforms and forums to connect with professionals who can share insider tips about temporary roles. Attend local industry meetups or workshops to widen your network; sometimes it’s all about who you know!
✨Showcase Your Flexibility
For temp roles, employers are often looking for candidates who can hit the ground running. Highlight any previous experience you have in fast-paced environments on your profile or during interviews, so G MASS Consulting knows you can adapt quickly to their needs!
We think you need these skills to ace Coverholder / MGA Onboarding and Due Diligence Analyst
Some tips for your application 🫡
Highlight Relevant Certifications:In the insurance world, having the right qualifications can set you apart. If you've got any certifications like Cert CII or other relevant credentials, make sure they're front and centre on your CV. It shows you're committed to the industry and ready to hit the ground running!
Showcase Your Customer Service Skills:Insurance is all about helping clients through tricky times. Use your application to mention your previous customer service experience or soft skills like problem-solving and empathy. These are crucial for any temporary role in the insurance sector, so don’t shy away from flexing these muscles!
Tailor Your CV for the Temp Role:For a temporary position, it's all about demonstrating your ability to adapt quickly. Tailor your CV to highlight experiences that show you can jump in and make an impact immediately. Mention short projects, freelance gigs, or any fast-paced roles that show you thrive in dynamic environments.
Be Clear About Availability:In your cover letter, clearly state your availability for the temporary role. Since this is a short-term gig, emphasising your flexibility and readiness to start immediately can really catch G MASS Consulting's eye. Remember, they need someone who can fit right in, so make it easy for them to see you as that person!
How to prepare for a job interview at G MASS Consulting
✨Master the Basics of Underwriting
Since you're aiming for a temporary role in insurance, brush up on the basic principles of underwriting. Be ready to discuss how you would assess risks and make simple decisions on policy issuance, as these are likely to come up in technical questions.
✨Familiarise Yourself with Relevant Regulations
Insurance is heavily regulated, so it helps to be familiar with key regulations that affect the industry. Bring up any specific legislation you're aware of and how it could impact your work at G MASS Consulting. This shows you're engaged and knowledgeable.
✨Highlight Your Flexibility
As it's a temporary position, it's crucial to stress your adaptability. Talk about previous experiences where you had to pick up new tasks quickly or adjust to changing needs. Employers will appreciate your willingness to jump in and get the job done without a long onboarding process.
✨Prepare to Discuss Claims Processing
Be ready to dive into discussions around claims processing, as this might be a big part of your role. Bring along examples of how you've approached problem-solving in past roles, especially if you've dealt with customer claims or insurance queries before. It's a great way to show your relevant experience.
