Our client, Shelf Opco Bermuda Limited and Affiliates, is the Bermuda operating company for The Fidelis Partnership, a leading specialty, bespoke and (re)insurance business. The Fidelis Partnership is one of the largest Managing General Underwriters globally and its operations also include outwards reinsurance, claims handling, exposure management and portfolio analytics. The Fidelis Partnership also sponsors and incubates specialist MGAs through its Pine Walk platform. The Fidelis Partnership is separately owned and managed from the ownership and management of Fidelis Insurance Group. Reporting to the Head of D&F, the primary purpose of the role is to assist in originating, modelling, administering and underwriting a portfolio of (re)insurance business. This includes analysing and maintaining the accuracy of all (re)insurance submission data, policies, and records with the ultimate goal of ensuring that Fidelis’ interests are properly managed and protected.

Main Responsibilities:

• Participate in the underwriting process, evaluation and presentation of submissions, analysing and interpreting exposures, determining coverage and contract language.
• Assist and work with risk modeling and pricing tools.
• Originate, leverage, build and maintain broker and client relationships.
• Monitor market developments and remain current regarding knowledge of all relevant classes of business, and legislated and regulatory changes / requirements.
• Ensure accuracy and integrity of underwriting data in group underwriting systems.
• Prepare and issue quotes on an accurate and timely basis.
• Supervising and/or mentoring junior members of the team.
• Ensure compliance with internal and external underwriting regulations, liaising as appropriate with external bodies such as brokers, clients, auditors and regulators as required.
• Assist with strategic initiatives as needed to promote business growth.
• Ensuring compliance with the company’s regulatory requirements.
• Adhere to the operational risk framework for the role ensuring that all regulatory or company determined parameters are complied with.
• Role model for demonstrating highest level standards of integrity and conduct and reflecting Company values.
• At all times complying with the FCA’s Code of Conduct.
• Proactively identify and act on opportunities to foster a culture of continual improvement and high performance.
• Contribute to team efforts prioritising cost controls, productivity, work quality, process improvement and data integrity.
• To ensure that you are fully aware and adhere to the internal policies that related to you, your role or other activities for which you have any level of responsibility.
• To report any breaches of policy to your manager as required.
• To escalate risk events immediately.
• To provide input to risk management processes as required.