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.Title:Delegated Underwriting Authority AnalystCompany:Everest Insurance (Ireland) SpainJob Category:Compliance OversightJob Description:Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.Role Purpose:The Delegated Underwriting Authority (DUA) Operations team at Everest is looking for a DUA Analyst to join the growing division and to be based in Madrid.The fundamentals of the team are to support the post bind functionality of business processes and procedures, administration and analysis relating to the oversight and governance of Delegated Authority (DA) facilities across Everest platforms, ensuring the business has been processed in compliance with regulatory minimum standards.Whilst the individual will be based in Madrid and they will initially support the UK&I business, as we grow there will be an opportunity to support broader markets.Key Responsibilities* Day to day responsibility of all incoming Risks written and Premium Bordereaux, as appropriate and to work with BPO provider to map and upload bordereaux as appropriate to bdx system.* To process LBS bordereaux into DA-SATS promptly and efficiently and deals with any queries arising.* To ensure that all new and renewing contracts are mapped within 90 days of inception of the contract in accordance with the BPO provider.* To chase up all outstanding overdue Risks Written and Premium (where relevant) Bordereaux not received with brokers, Coverholders and within Porta* Assist the EGM Credit Control Manager in the day to day administration of Credit Control analysis and tasks relating to Coverholder / MGAs, Consortia and Lineslips.* To assist with monthly committee reporting and provide reports as and when required based on Bordereaux management.* To be the day to day contact point for BPO provider queries emanating from bordereaux processing with business stakeholders and brokers.* To assist DUA Team Manager(s) with any ad-hoc reporting, analysis and assistance as may be necessary from time to time
