Full job descriptionOur client, a leading Lloyd’s managing agent and part of a major global insurance group, is looking for an Underwriting Controls Manager to join its Underwriting Management team in London. You will report to the Head of Underwriting Management and play a central role in designing and strengthening the underwriting controls framework across open market and delegated business.
You will own the company’s key underwriting controls documentation, including underwriting policy and procedures, guidelines, pricing policy and the independent review policy. You will also manage the annual issue of Underwriting Letters of Authority. Each month you will produce exception reporting on key controls KPIs for the Underwriting Committee, giving assurance that underwriting stays within risk appetite. You will lead exceptions monitoring, controls testing and BAU regulatory activity such as Pool Re and ELTO. You will also support attestation against Lloyd’s Oversight Principles and the group’s internal controls framework, as well as regulatory reviews and the Independent Peer Review process. Alongside this, you will oversee underwriter onboarding, act as Responsible for Distribution for secondees to the group’s European insurance company, and line manage an Underwriting Controls Analyst.
The ideal candidate will bring Lloyd’s or London Market experience in underwriting controls, operations, risk or compliance, together with a good understanding of Lloyd’s Oversight Principles. Knowledge of pre-bind QA, Lloyd’s regulatory returns and exceptions reporting would be a real advantage. You will be a detail-focused self-starter with the confidence to challenge senior underwriters, and you will be strong in Microsoft Office.




*Our client is committed to diversity in all of its forms and operates an inclusive recruitment process*