Head of Underwriting Control Framework

Key Responsibilities

• Oversight and maintenance of the Underwriting Control Framework (UCF) for managed syndicates
• Review and oversight of underwriting governance documentation including Syndicate protocols, underwriting guidelines and other associated UCF documentation.
• Management and oversight of LOA issuance.
• To update the Head of Underwriting Oversight on syndicate control framework matters as necessary including key actions, issues or theme across managed syndicates
• Escalation of UCF issues into the Asta governance framework e.g. AWG and SB and other governance forums as necessary
• Oversight of underwriting compliance activities including exception reporting.
• Interrogate and where necessary enhance control-related MI.
• Ensure underwriting governance activities adhere to Lloyd’s Principle 1 and internal Asta underwriting governance processes.
• Lead team development within the Underwriting Controls function including people development and training

Skills, Knowledge & Expertise

• Strong knowledge of the Lloyd's market essential. Syndicate operations, and managing agency governance knowledge, advantageous.
• Extensive experience in underwriting governance, underwriting oversight, or underwriting operations.
• Deep understanding of Underwriting Control Frameworks (UCFs) and associated governance structures.
• Experience reviewing & maintaining:
  • Syndicate Protocols
  • Underwriting Guidelines
  • Delegated Authorities/Letters of Authority (LOAs) - essential
  • Underwriting authorities and controls
• Good understanding of Lloyd's Principle 1 and relevant underwriting governance expectations.
• Experience overseeing underwriting compliance activities, controls testing, and exception management.
• Ability to identify control weaknesses, governance gaps, and operational risks and confident leading escalation processes.
• Strong stakeholder management skills; ability to be pragmatic and client-focused whilst being disciplined and thorough.
• People leadership skills, beneficial.
• ACII / Cert CII qualification, beneficial