12 month Fixed Term Contract - Delegated Underwriting Onboarding Analyst (Dublin)

Title:

12 month Fixed Term Contract - Delegated Underwriting Onboarding Analyst (Dublin)

Company:

Everest Insurance (Ireland), dac

Job Category:

Compliance Oversight

Job Description:

Everest Group, a NYSE listed S&P 500, is a leading global reinsurance and insurance provider, operating for nearly 50 years, now in over 15 countries. Everest is a growth company with over $16 Billion of Gross Written Premium offering Property, Casualty and Specialty products. We have extensive product and distribution capabilities backed by a strong balance sheet which is evident in our Financial Agency Ratings of: A+ A. M. Best, A+ S&P Global and A1 Moody’s Investor Service. 

We take pride in being known in the industry as nimble, entrepreneurial and responsive. Our culture is innovative, we empower our employees to make business decisions within our risk framework at a local level.   

We are seeking a Delegated Underwriting Onboarding Analyst in Dublin to work as a member of Underwriting and Delegated Underwriting team(s) for a 12 month Fixed Term Contract.

ROLE OUTLINE:

• Coverholder / MGA documentation operational review and analysis.
• Day to day administration of the Coverholder / MGA Approval Workflow Platform for Everest International and to chase stakeholders for any outstanding actions, due diligence escalating upwards as and when required.
• Administration on key areas of the Everest International D A portfolio to key stakeholders in accordance with internal Group and external regulatory minimum standards.
• Challenge received due diligence were necessary from Coverholder / MGAs.
• Consistent and accurate Third-party counterparty analysis and measurement against current codes of practice. 
• Assistance with coordinated performance meetings between Coverholder/MGA, Everest underwriters and DU team(s).
• To provide centralized operational day to day support and coordination to any internal or external audit that Everest International receives in respect of its DU portfolio.

KEY ACCOUNTABILITIES:

• Assisting the Delegated Underwriting Onboarding Manager to perform due diligence checks on DU documentation for Coverholder / MGAs.  This can be directly with the Coverholder / MGA and or through external systems.  
• To be the focal point working with stakeholders, internally within Everest International and/or externally to source and review incoming documentation to ensure that all requisite documentation is recorded and stored within internal Everest International filing systems.
• To be able to review due diligence and challenge areas required for change of the DD files received from the MGA/Coverholder.
• Assist with the workflow management and administration, ensuring that all required agreement party tasks are chased down and completed within prescribed timescales.
• To produce for business stakeholders any requisite reporting that shows any area of incomplete administration and escalate issues accordingly to the Head of Delegated Underwriting Operations.
• Work in conjunction with the Delegated Underwriting MI & Reporting Manager to produce and update Delegated Underwriting operational based management information and/or dashboard reporting, as relevant, for Internal Committee Meetings and business users as required.
• To routinely perform checks on a periodical basis to be determined of all internal and external minimum standards applied to the orderly running of all in-force and expired Delegated Authority Contracts and ensure that all pertinent documentation is securely maintained within the internal DU and Everest filing systems.
• To review exceptions on a monthly basis with the Delegated Underwriting Onboarding Manager and report to the Head of Delegated Underwriting Operations.
• To administer location of outstanding or missing documentation and report genuine exception reporting with the Delegated Underwriting MI & Reporting Manager to the relevant committees.
• Any other ad hoc duties or tasks as defined and agreed with the Head of Delegated Underwriting Operations and Head of Delegated Underwriting Technical.
• Assist with the co-ordination and planning for any internal/external audits of Everest International’s DU portfolio.

All functions to be performed in accordance with current Everest International policies and specific procedure manuals, as amended from time to time.

PERSON SPECIFICATION:

• Relevant experience in operational delegated underwriting authority or syndicate underwriting support role.
• Experience with a Lloyd’s Managing Agent/Insurance Co.
• Relevant experience of technical reviews of Agreements and relevant Coverholder / MGA insurance documentation (training will be given)
• Outstanding communication, both written and verbal.
• Ability to think proactively and offer solutions to problems.
• Extensive technology experience including PAS, DMS, Workflow and MS Office suite.
• Strong prioritisation and time keeping skills.
• Use of Management Information tools

Type:

Fixed_Term

Time Type:

Full time

Primary Location:

Dublin, Ireland

Additional Locations:

N/A