27 Oct
Everest Insurance (Ireland) Spain
London
Job description
Description
Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions.
Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management.
Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture.
Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition / continuing education reimbursement programs,
mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.
Role Purpose :
The Delegated Underwriting Authority (DUA) Operations team at Everest is looking for a DUA Analyst to join the growing division and to be based in London on a 12 month Fixed Term Contract.
The fundamentals of the team are to support the post bind functionality of business processes and procedures, administration and analysis relating to the oversight and governance of Delegated Authority (DA) facilities across Everest platforms, ensuring the business has been processed in compliance with regulatory minimum standards.
The DUA will initially support the UK&I; business, as we grow there will be an opportunity to support broader markets.
Key Responsibilities
Day to day responsibility of all incoming Risks written and Premium Bordereaux, as appropriate and to work with BPO provider to map and upload bordereaux as appropriate to bdx system.
To process LBS bordereaux into DA-SATS promptly and efficiently and deals with any queries arising.
To ensure that all new and renewing contracts are mapped within 90 days of inception of the contract in accordance with the BPO provider.
To chase up all outstanding overdue Risks Written and Premium (where relevant) Bordereaux not received with brokers, Coverholders and within Porta
Assist the EGM Credit Control Manager in the day to day administration of Credit Control analysis and tasks relating to Coverholder / MGAs, Consortia and Lineslips.
To assist with monthly committee reporting and provide reports as and when required based on Bordereaux management.
To be the day to day contact point for BPO provider queries emanating from bordereaux processing with business stakeholders and brokers.
To assist DUA Team Manager(s) with any ad-hoc reporting, analysis and assistance as may be necessary from time to time.
Answering BDX queries from internal colleagues and BPO provider
Management of retrieval of both internal and external sources for missing bordereaux
Ensuring adherence of Employers Liability Insurance Regulation on Bordereaux format
Intarga Admin chasing of outstanding tasks and general day to day administration of system.
Dealing with queries from UW’s and other internal stakeholders
Helping with Portal downloads for BDX
Representative for all DUA Credit Control queries
Attend Coverholder / MGA Meetings to discuss credit control
Assist Underwriting Assistants in managing Credit Control for DUA
Candidate Profile
Professional Experience :
Insurance experience in an underwriting assistant / underwriting operations / technician type role is required.
Experience relating to DUA is highly desirable but not essential
Working towards insurance professional qualifications is desired.
Skills & Abilities
Excellent organisational skills.
Must demonstrate analytical skills.Must have Microsoft Excel skills; Pivot Tables, Vlookup’s, Sumif’s Problem Solving Ability.
Must be numerate.
Must be an excellent communicator.
Must demonstrate a willingness to learn new skills and take on new work tranches if and when required.
Languages skills : English and Spanish (verbal and written).
Our Culture
At Everest, our purpose is to provide the world with protection.
We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve.
We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors.
Click to learn more about our culture.
Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work : Talent.
Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Diversity, Equity and Inclusion.
Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function : Respect everyone.
Pursue better.
Lead by example. Own our outcomes. Win together.
All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.
Type :
Fixed Term (Fixed Term)
Time Type : Full time
Full time
Primary Location : London
London
Additional Locations :
▶️ Delegated Underwriting Authority Analyst - 12 month Fixed Term Contract
🖊️ Everest Insurance (Ireland) Spain
📍 London