The Fidelis Partnership is a leading privately-owned, Bermuda-based Managing General Underwriter, which, through its subsidiaries, is a global underwriter of property, bespoke and specialty insurance and reinsurance products. The Fidelis Partnership is one of the largest Managing General Underwriters globally and its operations also include outwards reinsurance, claims handling, exposure management and portfolio analytics. The Fidelis Partnership also sponsors and incubates specialist MGAs through its Pine Walk platform. The Fidelis Partnership is separately owned and managed from the ownership and management of Fidelis Insurance Group.
Across product lines and geographies, we focus on three diversified pillars: reinsurance, specialty and bespoke solutions. We are truly diversified. Our long-standing partnerships with capital providers and quota share partners make us nimble. Our breadth of expertise and capabilities deliver outstanding market returns.
#
The role
This position is a collaborative role providing key oversight and support to the Underwriting function as part of the Partnership Operations team. The Partnership Operations has within their remit Binders, Lineslips, Consortia, and Master Policies/Group Schemes.
#
Key accountabilities
Working as part of the Partnership Operations Technical team to assist in implementing the Partnership Operations Technical Framework.
Assist in Technical Account Management for all Lineslips, third-party binders and Pine Walk cells including EPI reviews, Acquisition Cost queries and Aged Debt
reporting. Support the process for calculation and payment of Profit Commission (PCs).
Assist in coordination of queries from external and internal audit functions.
Oversight and Quality Assurance of Prequel data entry, of both master references and the underlying declarations, which is performed by an outsourced service
provider. Coordination and management of queries raised by the service provider.
Management of the service, including setting and monitoring of KPIs, and establishing controls in source systems where appropriate to support.
Identify potential improvements to current processes and assisting with various large projects across the organization
#
Skills & experience
At least 5 years' experience in a similar role
Experience managing third party service providers, including off-shore
Knowledge of Binders, Lineslips, and other forms of Delegated Authority
Knowledge of insurance processes and underwriting practices in the Lloyd's and/or Company markets
Strong interpersonal skills in order to work effectively and professionally with diverse groups at all levels across the business
Excellent Excel and Power BI skills, together with competency in other MS Office applications (Word, Outlook and Adobe Standard) required
Excellent written and oral communication skills and the ability to manage difficult conversations
A practical understanding of Underwriting systems.
Ability to comprehend new concepts quickly and take initiative with own personal development.
Ability to self-lead and work effectively both independently and with teams.
Ability to deliver and manage accurate thoughtful detail-oriented work within tight deadlines.
Demonstrable experience of working in fast paced environments with the ability to problem solve and react quickly to changing priorities
#
Other
The Fidelis Partnership Ethos
At The Fidelis Partnership, we aim to be different while making a difference.
We set the standard for quality in our industry. Guided by our expertise, our clients can take unique and material risks with confidence.
Our approach is tailored and designed to deliver excellence for our clients. We are trailblazers, creating unique solutions in the (re)insurance space.
We are experts. Our brokers and clients value the depth of our knowledge and experience. We leverage state-of-the-art underwriting technology to be a market leader.
We believe sound ethics make for good business. We deliver value for our customers, investors and communities while actively avoid trading with industries that cause harm to people, the environment and animals.
We pride ourselves in creating a workplace that prizes execution, meritocracy, Diversity & Inclusion. Our people herald from countless backgrounds and are united by ambition and the unabashed desire to deliver excellence every day. We provide a competitive environment that helps people cultivate themselves professionally and personally and balance a rigorous workplace with a mindset that prioritises environmental and charitable activities in our communities worldwide.
Our ethos dictates our decisions and actions. It unites us as a team of experts and colleagues and provides us with a compass for ensuring we deliver our best to every stakeholder we serve.
Diversity, Equity & Inclusion
Diversity & Inclusion in the workplace
Insofar as possible, we aim to ensure the composition of our workforce reflects the make-up of the local community
We have specific programmes in all our offices to support diversity within the hiring process, e.g. internship and scholarship award programmes
This is a particular focus in Bermuda, where we engage actively with local organisations to source diverse talent and provide coaching/mentoring for underrepresented groups
We aim to maintain a focus on equal opportunities across all stages of hiring process
We measure and minimise the pay gap where possible.
Bring Your Whole Self to Work
Our vision is for a workplace culture where differences are valued and where diversity of background, experience and thought are welcomed. We want to create an environment where all employees, regardless of who they are, are given equal opportunities for career progression and enjoy fair reward from their and The Fidelis Partnership's successes. This will be driven by a workforce that embraces Diversity & Inclusion at every level, in every department across The Fidelis Partnership.
To ensure that all candidates have a fair opportunity to show their abilities during the recruitment process, adjustments may be required. If your physical or mental health or disability may necessitate an adjustment, please contact
fidelis@avenciaconsulting.com
to discuss. All information relating to your health or disability will be treated in accordance with our data protection policy.
Apply by 01/09/2025
Reference: FID01429
Beware of fraud agents! do not pay money to get a job
MNCJobs.co.uk will not be responsible for any payment made to a third-party. All Terms of Use are applicable.