Delegated Underwriting Authority

10 years

0 Lacs

Posted:3 weeks ago| Platform: Linkedin logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Hi Applicants,


Senior Manager- Delegated Underwriting Authority.


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.


Senior Manager, Delegated Underwriting Authority


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

Manage teams of 25-50+and service level targets. Providing guidance to direct reports, comprised of Managers, Asst Managers and key SMEs.

· Monitor, analyses and report on trends in the key Delegated underwriting performance drivers.

· Leading weekly/monthly/quarterly discussions on operations with client DA and company stakeholders.

· Understanding of risks faced by the function and the controls in place to manage and mitigate the risks

· Ensuring clarity around priorities and goals for the entire functional area

· Ability to function effectively in a team environment exercising good judgment

· Working with senior management and other peers for strategy development and execution planning

· Guiding the talent identification and development processes for a function.

· Approving hiring and redeployment requests within his/her group

· Root Cause Analysis on escalations received

· Very good problem-solving skills & attention to detail.

· Ability to accurately interpret and compile information from a variety of sources and systems

· Ability to function effectively in a team environment exercising good judgment

· Ability to meet outlined and expected standards of timeliness and accuracy in completion of work


Qualifications we seek in you!

Minimum Qualifications / Skills

Any Graduate, with Delegated Authority team leading span of experience for 20-50+ DA/UW team as minimum

Minimum 10+ years of experience in London Markets

· Relevant experience in Delegated Authority-UK and Lloyd’s Underwriting support function for P&C Insurance Industry (Lloyd’s DA – BDX mapping, processing, chasing & LPAN creation)

Proficient Underwriting market experience in BPO delivery

· Data analysis Skills – Proficient

· Communication – Good Written and spoken Communication Skills

· Fluent in English language - both Written and Oral

· Good knowledge of MS Office specifically MS Excel


Preferred Qualifications/ Skills

• Knowledge of Bureau/ Non-Bureau market

• Good understanding of Delegated Authority- 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 applicable laws. Genpact is committed to creating a dynamic work environment that values diversity and inclusion, respect and integrity, customer focus, and innovation. Get to know us at genpact.com and on LinkedIn, X, YouTube, and Facebook.

Furthermore, please do note that Genpact does not charge fees to process job applications and applicants are not required to pay to participate in our hiring process in any other way. Examples of such scams include purchasing a 'starter kit,' paying to apply, or purchasing equipment or training.

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Business Consulting and Services

New York NY

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