Delegated Underwriting Analyst

Delegated Underwriting Analyst

Full-Time 37800 - 46200 £ / year (est.) No working from home possible
The Lancashire Group

At a Glance

  • Tasks: Support underwriting processes through data analysis, automation, and collaboration with the Property Team.
  • Company: Join a dynamic team at Lancashire, known for its collaborative and honest culture.
  • Benefits: Enjoy a permanent full-time role with opportunities for growth in London.
  • Other info: Be part of a positive work environment that values honesty, collaboration, and hard work.
  • Why this job: Make a real impact by enhancing underwriting processes and working with cutting-edge technology.
  • Qualifications: Experience in administrative or underwriting support, strong data management skills, and attention to detail.

The predicted salary is between 37800 - 46200 £ per year.

The primary purpose of this role is to support the Underwriting and Underwriting Operations functions with enhancing their processes and reporting capabilities through technology, automation, and data analysis principles. This role will provide support to the Property Team.

Specific Responsibilities

  • Perform analysis on individual accounts and overall portfolio to track metrics throughout the year (rate/deductible/risk profile/region etc).
  • Work with Exposure Management to peer review output/exposures.
  • Assist with data input for Exposure Management, gathering bordereaux from brokers/portals if needed.
  • Help manage workflow to ensure regular updates of all accounts.
  • Creating and collaborating with Underwriters to complete pricing tools.
  • Manage premium monitoring process - prepare for monthly/quarterly meetings using MI from dashboard.
  • Manage Contract Performance monitoring using MI from dashboard.
  • Verify bordereaux to ensure compliance with underwriting guidelines and limitations.
  • Create and improve Regional loss scenarios across the Binder portfolio.
  • Manage and assist with DU process, collecting all relevant info, answering queries.
  • For lead accounts filling out basic info on forms.

Essential Skills & Requirements

  • Proven experience in an administrative or underwriting support role, preferably in the property sector.
  • Strong proficiency in data management and analysis, including working with Excel, Power BI, and underwriting software.
  • High attention to detail and accuracy, with the ability to quickly identify and correct errors.
  • Excellent organizational and time-management skills, with the ability to manage multiple tasks and prioritize effectively.
  • Strong communication skills, both written and verbal, to interact with internal teams and external stakeholders.
  • Ability to work independently and as part of a collaborative team.
  • A proactive attitude and a willingness to learn and adapt to new systems and processes.

The Lancashire Way

At Lancashire, we believe our culture sets us apart. The way we behave and approach our work day-to-day is what makes us unique and creates a positive experience for our people, business partners and other stakeholders. Honesty and integrity in all we do is a given and The Lancashire Way reflects our true character and spirit.

  • Straight-talking: We feel empowered to share thoughts and ideas, because everyone’s voice matters.
  • Collaborative: We work together towards common goals, share knowledge and support each other.
  • Hard-working: We all have a stake in the company’s success and are proactive in contributing to our goals and vision.
  • Responsible: We focus on achieving tangible results with consistent standards across the Group.
  • Positive: We engage with brokers, clients, communities, stakeholders and colleagues professionally and passionately as proud ambassadors of Lancashire.

Delegated Underwriting Analyst employer: The Lancashire Group

The Lancashire Group is an exceptional employer, offering a dynamic work environment in London where innovation meets collaboration. With a strong focus on employee growth, you will have the opportunity to lead and mentor teams while working with cutting-edge hybrid cloud technologies. Our culture promotes continuous learning and development, ensuring that you can thrive in your career while contributing to meaningful projects that drive the business forward.

The Lancashire Group

Contact Details:

The Lancashire Group Recruitment Team

We think you need these skills to ace Delegated Underwriting Analyst

Data Management
Data Analysis
Excel
Power BI
Underwriting Software
Attention to Detail
Organizational Skills