Junior Underwriting Controls Analyst

MS Amlin ,
London, Greater London
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Job Description

MS AMLIN BUSINESS SERVICES - JOB DESCRIPTION Position : Junior Underwriting Controls Analyst Job Holder : N/A Division : Business Services Underwriting Management Business Unit : N/A Reports To : Assistant Underwriting Controls Manager Approved By : Martin Burke Location : Leadenhall Building, London Date : March 2020 1. Purpose Work as a member of the Underwriting Controls team within the Business Services Underwriting Management Function in order to help ensure that relevant underwriting activity is happening in accordance with: * MS Amlin Group Underwriting Policies and Standards * Lloyd's Minimum Underwriting Standards * MS Amlin Compliance Policies and Standards * FCA guidelines and principles 2. Dimensions The role holder is a member of the Business Services Underwriting Management Function and will work under the direction of the Assistant Underwriting Controls Manager. The role will help embed MS Amlin's underwriting culture, standards and philosophy, ensuring that the relevant Underwriting Unit is operating in accordance with these principles. 3. Key Result Areas Underwriting Reviews and Housekeeping Reports * Assist in the running and investigation of underwriting control reports on a monthly / quarterly basis, including but not limited to technical pricing and renewal movement adherence, lineguide monitoring and brokerage exception reporting. * Assist with the resolution of data quality issues that are impacting the quality of MI. * Undertake ad-hoc data requests from other Functions. Underwriting Advice * Daily interaction with underwriting teams to respond to underwriter queries. * Drive best practice within underwriting teams to improve the robustness of underwriting controls. Credit Control * Act as the point of contact for the Credit control team to ensure that underwriting teams are recording data accurately and ensuring that premiums are an accurate reflection of likely final income. * Act as the point of escalation for the Credit control team to raise issues and deal with the underwriters appropriately. 4. The Operating Environment and Context of the Job The role is very varied and has a monthly/ quarterly timetable to follow to ensure the work is completed in a timely manner, and any deadlines are met. Sometimes, ad-hoc queries/ problems occur which need to be actioned immediately. The role will also ensure that there is a consistent approach across all underwriting business units. 5. Key Competencies: Generic Job Specific Industry experience Some understanding and knowledge of the Lloyd's insurance market would be a bonus. Organisation skills Effectively plans own workload to meet deadlines, objectives or priorities Problem solving & communication skills Proven methodical and logical approach to resolving problems Communicates in a professional, clear and concise manner Analysis and Reporting Able to collate data and create business reports Possess reasonable analytical skills Good Excel skills and knowledge Team player, collaborative working style Ability to challenge underwriters, as appropriate, without being confrontational Assist team members in the completion of group tasks or projects Personal development Effective and proactive management of own learning, development and performance 6. Key Interfaces: The role will involve interaction with the Legal Entities and primarily with Underwriters and Underwriting Managers. Additionally it is important that there is good interaction and excellent communication with MS Amlin Risk, Legal, Compliance, Internal Audit and other Functions as necessary

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