Assistant Business Manager

London, England, United Kingdom

12/20/2024

About Us

At Munich Re Specialty – Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this.

At the heart of our success is a strong culture where people are encouraged to be present, bold and curious, allowing them to achieve their individual goals.

Please see our website for more information.

Assistant Business Manager

We are currently looking for an Assistant Business Manager to be based in London on a full-time basis, reporting into the CUO of Business Management.

Company

Munich Re Specialty - Global Markets

Location

London , United Kingdom

Responsibilities:

• Support to Deputy Active Underwriter and CUO Business management:
• Assist the Deputy Active Underwriter/ CUO Business management in managing daily operations and administrative tasks within the underwriting function.
• Help coordinate the scheduling of meetings, including preparing agendas and supporting documentation.
• Provide support for regulatory and compliance requirements, ensuring adherence to FCA and PRA rules.
• Coordinate and collaborate with other departments on issues needing the Deputy Active underwriters and CUO Business Managements feedback/recommendation and develop strong relationships across the organisation.
• Project and Strategy Support:
• Assist with the implementation of strategic initiatives under the guidance of the CUO Business Management and Deputy Active Underwriter.
• Support the development and coordination of business management activities within the underwriting division.
• Help prepare reports and presentations for meetings and strategic discussions.
• Regulatory and Compliance Assistance:
• Assist in ensuring all business management activities comply with internal policies and external regulations, including Lloyd’s, FCA, and PRA standards.
• Support risk management efforts by assisting in maintaining continuity plans and monitoring compliance activities.
• Communication and Representation:
• Serve as a point of contact for the underwriting team, facilitating communication and collaboration across departments.
• Represent the business management team in internal and external communications, promoting the organisation’s reputation and integrity.
• Develop and maintain market awareness.
  
  
  

Knowledge And Skills

• Experience in an administrative or assistant business management role within the insurance or financial services industry.
• Strong organisational and time-management skills, tasks to be performed accurately and on time
• Excellent written and verbal communication abilities.
• Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).
• Ability to work independently and collaboratively within a team.
• High level of discretion and professionalism in handling confidential information
• Knowledge and understanding of:
• Underwriting Principles.
• Legal Principles
• FCA and Lloyd’s rules and regulations including contract certainty issues.
• All company specific procedures that relate to own role
  
  
  

If you are excited about this role but your experience does not align perfectly with everything outlined, or you don’t meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for!