Underwriting Solutions Manager - New Entrants - 6 Month FTC

Underwriting Solutions Manager - New Entrants - 6 Month FTC page is loaded Underwriting Solutions Manager - New Entrants - 6 Month FTClocations: Lloyd's UK: Londontime type: Full timeposted on: Posted Yesterdaytime left to apply: End Date: September 30, 2025 (11 days left to apply)job requisition id: R4504Lloyd's is the world's leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market's brightest minds, working together for a braver world.Our role is to inspire courage, so tomorrow's progress isn't limited by today's risks.Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that's more sustainable, resilient and inclusive, you'll find a home at Lloyd's - build a braver future with us.The purpose of the Underwriting Solutions team is to support the development of Lloyd's underwriting policy, provide underwriting input into the new entrants process and provide data and research insight into underwriting issues and to work with other Lloyd's functions (including Syndicate Performance, Exposure Management, Pricing & Portfolio Analytics and Market Reserving & Capital) as well as market participants (both inside and outside the Lloyd's market) to support sustainable underwriting profitability.An integral role that will be part of the team managing the strategic direction and implementation for Underwriting Solutions for both Corporation and Market. Specifically, leading on designing, implementing and embedding Lloyd's framework for the assessment of managing new entrants capabilities.To drive the delivery of all aspects of underwriting oversight of new entrants from their initial application to completion of the "Making it Happen" process, you will need to: Assist the Director of Class Underwriting Performance & Solutions and the Underwriting Solutions manager in the quantitative and qualitative assessment of new entrant business plans and capital, ensuring that input is received from the relevant Lloyd's subject matter experts, including underwriting exposure management and capital Foster an effective and collaborative relationship between teams across Lloyd's to ensure that Lloyd's appropriate analysis and assessment of the capabilities of new entrants to ensure that they meet or exceed the expected level of maturity under the Principles for doing business at Lloyd's. Provide technical subject matter expertise to ensure that robust reviews provide accurate/expert advice and instruction is given directly to senior stakeholders/CEO's/Board members and decision makers of Managing Agents on best practice performance. Ensure technical understanding of all available data - both internally and externally - relating specifically to each syndicate to ensure thorough and accurate reviews are executed and reported on. When determining review ratings, ensure that the interpretation and application of the Principles framework is consistent with Lloyd's approach to all Managing Agents across the Market. Responsibility to ensure that the delivery of commercially sensitive messaging is communicated effectively to the appropriate stakeholders, in a professional and confident manner. Work with the Managing Agent to advise and agree on the most appropriate corrective action plans to satisfactory resolution. Act as Lloyd's key representative at Board Meetings of the Managing Agent (or meet with the CEO / Chairman) to ensure that they are clear on all the gaps and weaknesses arising from reviews and to hold them accountable as to Lloyd's expectations of the Managing Agent's delegated actions. Be the Lead underwriting contact with the Market Development team with regards to agents going through the 'Making it Happen' process. Provide specialist review knowledge, training, best practice, research, insight and innovation to oversight teams, incorporating input from Managing Agents, Regulators and Professional Audit organisations, to ensure reviews deliver the intended outcomes and benefits. Responsible for Peer review of drafts and final reports before reviews are issued to Managing Agents, ensuring consistency of approach and quality of output. Ensure that evidence submitted by agents and all review related documentation is stored in a central document repository (Sharepoint)Essential to the role is a good working knowledge of: market practices and current market issues/challenges relevant regulatory expectations including the principles of SII, Conduct and Principles for doing business at Lloyd's and the approach businesses take to comply with these Knowledge of the dynamics of international insurance business and markets Insurance market knowledge including Lloyd's, London & International Markets Lloyd's market practices, operations and financial structureCombined with experience in: Analysing and interpreting complex data & information Multi-tasking with the ability to prioritise and organise workload in order to meet tight deadlines Research or analysis Senior level stakeholder management Regulatory environments Advising on risk management, performance and/or regulation.Key skills to deliver this role are: Communication, influencing & negotiating skills - both verbal and written. Comfortable interacting with senior stakeholders internally and externally. Ability to build relationships across multiple functions both internally and externally Ability to think creatively and laterally understand and assess risk forensic questioning analyse large amounts of information and data and draw conclusions write clear and concise reports that drive action make commercial and customer focused decisions provide pragmatic, risk-based solutions effectively draw together the services and activities of multiple functions If you share our values - we are brave; we are stronger together; we do the right thing - and our passion for new opportunities that lead to profitable sustainable growth then this is your chance to make a market impact like no other! and inclusion are a focus for us - Lloyd's aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments,we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development. You can read more about diversity and inclusion on our .We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes.By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.Should you require any additional support with your application, or any adjustments, please click the following link; Please note, clicking on this link does not register your application for the vacancy Lloyd's aim is to build a diverse, inclusive environment that reflects