Leading Underwriting Support Delegated Authority Specialist
7 days ago
Genpact is a global professional services firm delivering innovative solutions that drive business outcomes. We empower our clients to achieve their goals through our deep industry knowledge, digital operations expertise, and strategic partnerships.
In this role, you will be responsible for leading a team of professionals in managing underwriting support delegated authority processes. Your primary objective will be to ensure seamless execution of transactions while maintaining effective communication with the onsite team.
The responsibilities associated with this position include:
- Managing a team of 10-15 staff members to meet service level targets
- Knowledge of binding authority/delegated authority business for cover holders
- Proficiency in MS Office, MRC, MRCE, and bordereaux
- Providing technical support and bordereau processing assistance to team members
- Experience in a technical insurance role, such as account handling, wordings, or underwriting, is essential
- Effective communication and forecast planning with the onshore client team
- Excellent knowledge of binders process
- Monitoring submissions of monthly bordereaux and chasing up any late submissions
- Leading weekly/monthly/quarterly discussions on operations with client UW and company stakeholders
- Understanding of risks faced by the function and controls in place to manage and mitigate risks
- Ensuring clarity around priorities and goals for the entire functional area
- Ability to function effectively in a team environment exercising good judgment
Qualifications we seek in you:
- Graduate degree in any discipline
- Relevant work experience in London Market Insurance
- Wing-to-wing knowledge of the underwriting lifecycle
- Demonstrated customer focus, teamwork, accountability, initiative, and innovation
- Fluency in English language - both written and oral
We offer a competitive salary range of £60,000 - £80,000 per annum, depending on your experience and qualifications. If you are passionate about leading high-performing teams and driving business growth, please consider joining Genpact as an Underwriting Support Delegated Authority Specialist.
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