to support the delivery and oversight of our underwriting framework, as well as the onboarding of new syndicates. This is an exciting opportunity to play a pivotal role in ensuring the effective operation of our underwriting governance and control processes.
Key Responsibilities
To report to the Head of Underwriting Oversight & Onboarding and assist in all matters relating to the delivery of the managing agency underwriting oversight and controls framework and onboarding of new syndicates into the framework.
To assist across the Underwriting Management Team of all BAU activities including but not limited to:The tracking of exception reporting to completion.
The tracking of Independent Expert Review findings and completion of actions.
The tracking of File Review findings and completion of actions.
Keeping a log of DQ checks for the PMA DoU and PMA COO.
Logging PBQA and Sanctions checking and ensuring the closure of any resulting actions.
Ensure Peer Review actions are logged and closed to completion.
Ensure internal and external audit actions are logged and closed to completion.
To assist across the Underwriting Management Team in the gathering and presentation of MI for the Underwriting Committee and the Syndicate Management Committees packs
To assist across the Underwriting Management Team in ensuring BAU activity is on track for completion and delivery.
To keep a log of all referrals and maintain electronic files.
To take responsibility for the recording of and timely closure of actions arising from team meetings.
To maintain record keeping and action logs of syndicate related activities to support and evidence oversight.
To assist in the maintenance of the Underwriting Framework.
To provide support to the Underwriting Management Team in maintaining compliance with Loyd's Principle for Doing Business and any applicable UK or International statutory regulatory obligations as required by their roles.
To conduct ad hoc reviews and projects as required.
Skills, Knowledge and Expertise
Some experience in the Lloyd's or Company market in an underwriting support function role preferable but not essential.
Self-motivated and proactive.
Ability to adapt to changing priorities and manage multiple deadlines.
High level of IT skills including Excel.
Excellent written and verbal communication skills and strong interpersonal skills.
Ability to work collaboratively and establish strong relationships.
ACII qualified or looking to progress towards qualification.
Some understanding of underwriting oversight and controls preferable.
May have previous experience of working in a Managing Agent or on the Company Market.
Demonstrates behavior's aligned to the Polo Works PRIDE values:Pioneering - we don't stand still
Responsible - We do the right thing
Inclusive - we all play a role
Delivery Focused- we provide services we are proud of
Empowering - we equip people to be their best
About PoloWorks
PoloWorks is the leading provider of UK-based support services to the insurance market. We have built a strong reputation as dedicated and dependable experts in our field. We pride ourselves on our ability to be flexible, responsive, and knowledgeable.
As a leading service support company and turnkey managing agency, our clients choose us because our staff not only have the expertise but also a profound affinity with their business challenges. Our mission is to support, inspire, and develop the insurers of today and tomorrow.
Our clients, whether digital start-ups or well-established organisations, rely on the PoloWorks team to develop and strengthen their businesses. Our clients' goals are our goals. As such we design and deliver bespoke solutions to their specific business challenges.
With offices located in both London and Cheltenham, PoloWorks is poised for ambitious growth, presenting thrilling opportunities for those who join us on the next phase of our journey. By becoming part of our team, successful candidates will be joining a business recognized as a Great Place to Work Certified organisation, and honored with awards for Best Workplaces for Women and Best Workplaces in Financial Services and Insurance.
It's our mission to unleash the potential in every team, and we know that teams perform best when they are diverse and every team member feels that they belong. It is the unique contributions of all PoloWorks colleagues that drive our success, and we are committed to building an inclusive culture where everyone is empowered to do meaningful work and are recognised for their efforts. To that end, we are committed to providing an environment free of discrimination for everyone.
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