Junior MGA Operations Analyst

The role supports pre-bind due diligence, post bind operational oversight through ongoing audit and corresponding monitoring activities. 
 

Key duties and responsibilities

The Junior MGA Operations Analyst is to act as a key member of the SCOR MGA Operations team working in a fast-paced environment that encourages new ideas and a fresh way of thinking. Responsibilities include roles for the organisation: 

SCOR and Syndicate Delegated Authority: 

• Support completion and submission of statutory and/or regulatory reports and advance automation.
• Administration of the due diligence process for selected classes of business including new Coverholder sponsorship, annual due diligence review and approval (including all third parties),
• Actively involved in ongoing operationa tasks and services from MGAs or Coverholders and TPAs
• Liaising with underwriters, transversal functions, outsourcers and associated stakeholders,
• Participation in internal/external forums as required,
• Assist in coordinating Third Party audits, from scope definition to completion of audits.
• Third Party Audit report review and management of recommendations,
• Support of the data management function and reporting of identified gaps,
• Management of the income/EGPI review process including distribution of reports, communicating with underwriters and credit control monitoring,
• Provide support to other members of the team as required,
• Identify opportunities for improvements in cost savings and efficiency across the processes,
• Generate reporting to support the management of the departmental activities,
• Ensure compliance to Delegated Authority policy and internal controls,

• Other ad hoc tasks as required to support the portfolio 

• Change and Operational Improvements
• Contribute to defining data and risk assessment guidance related standards across SCOR.
• Support cross company collaboration through targeted workshops, status briefs and informal updates. 
• Committees and Memberships: 
• Contributor to SCOR Syndicate Conduct Risk Product Oversight Committee and Delegated Underwriting Committees.

Required experience & competencies

• Excellent quantative and qualitative skills 

• Strong attention to detail 

• Good communication skills  - being able to articulate technical matters into actionable tasks 

• Strong analytical and problem-solving approach

• Project and time management skills required. Ability to multitask and self-organise

• Experience with continuous improvement methods 

Desired

• Understanding of the delegated business environment and the insurance market preferred.

• Minimum of a couple of years working in a similar role such as strategy consulting, M&A, risk assessment, audit, risk and controls or as a risk analyst

Required Education 

Bachelor's Degree in Business related discipline