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Senior Manager- Delegated Underwriting Authority - UK/ Lloyd's/London Market, Property & Casual ...

Posted 5 days 20 hours ago by Genpact

Permanent
Not Specified
Sales & Marketing Jobs
London, United Kingdom
Job Description

Job Description - Senior Manager- Delegated Underwriting Authority - UK/ Lloyd's/London Market, Property & Casualty Insurance (INS028457)

Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose - the relentless pursuit of a world that works better for people - we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI.

Inviting applications for the role of Senior Manager, Delegated Underwriting Authority - UK/ Lloyd's/London Market, Property & Casualty Insurance.

Your role will require you to utilize your experience in and knowledge of Insurance/Reinsurance and delegated underwriting processes to process transactions for the Underwriting Support Teams and communicate with the Onsite Team.

Responsibilities
  1. Manage teams of 25-50+ and service level targets. Provide guidance to direct reports, comprised of Managers, Assistant Managers, and key SMEs.
  2. Monitor, analyze, and report on trends in the key Delegated underwriting performance drivers.
  3. Lead weekly/monthly/quarterly discussions on operations with client DA and company stakeholders.
  4. Understand the risks faced by the function and the controls in place to manage and mitigate these risks.
  5. Ensure clarity around priorities and goals for the entire functional area.
  6. Function effectively in a team environment, exercising good judgment.
  7. Work with senior management and peers for strategy development and execution planning.
  8. Guide talent identification and development processes for the function.
  9. Approve hiring and redeployment requests within the group.
  10. Conduct root cause analysis on escalations received.
  11. Demonstrate very good problem-solving skills and attention to detail.
  12. Accurately interpret and compile information from various sources and systems.
  13. Meet standards of timeliness and accuracy in work completion.
Qualifications we seek in you!

Minimum Qualifications / Skills

  • Any Graduate, with Delegated Authority team leading experience for 20-50+ DA/UW team members.
  • Minimum 10+ years of experience in London Markets.
  • Relevant experience in Delegated Authority-UK and Lloyd's Underwriting support for P&C Insurance Industry (Lloyd's DA - BDX mapping, processing, chasing & LPAN creation).
  • Proficient in Underwriting market experience in BPO delivery.
  • Data analysis skills - proficient.
  • Good written and spoken communication skills.
  • Fluent in English (written and oral).
  • Good knowledge of MS Office, especially MS Excel.

Preferred Qualifications/Skills

  • Knowledge of Bureau/Non-Bureau market.
  • Good understanding of Delegated Authority in the London Insurance Market.

Genpact is an Equal Opportunity Employer and considers applicants for all positions without regard to race, color, religion, or belief, sex, age, national origin, citizenship status, marital status, military/veteran status, genetic information, sexual orientation, gender identity, physical or mental disability, or any other characteristic protected by law. We are committed to a diverse and inclusive work environment. Please note that Genpact does not charge fees for job applications, and applicants should beware of scams involving payment for application processing or training.

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