The Fidelis Partnership is a leading privately-owned, Bermuda-based Managing General Underwriter, which, through its subsidiaries, is a global underwriter of property, bespoke and specialty insurance and reinsurance products. 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.
Across product lines and geographies, we focus on three diversified pillars: reinsurance, specialty and bespoke solutions. We are truly diversified. Our long-standing partnerships with capital providers and quota share partners make us nimble. Our breadth of expertise and capabilities deliver outstanding market returns.
The role
We are seeking an experienced and proactive Underwriting Governance Consultant to support and enhance the underwriting governance framework across The Fidelis Partnership ("TFP"). Working closely with underwriting teams, senior management and key stakeholders, the successful candidate will play a critical role in ensuring underwriting activities operate within an effective governance and control environment. The role demands both hands-on delivery and the ability to influence, working closely with senior underwriters and other control functions in a collaborative, fast-paced and entrepreneurial environment.
This role offers exposure to a broad range of underwriting governance activities, building out and enhancing the underwriting governance framework, testing and strengthening UW controls, enhancing documentation, assisting with audit coordination, data analysis, regulatory compliance and strategic initiatives. The position is well suited to an individual with strong analytical and organisational capability, a self-starter with excellent stakeholder management skills and a thorough understanding of underwriting operations within the London Insurance Market.
Key accountabilities
Support the development, enhancement and operation of TFP's underwriting governance framework.
Build and enhance underwriting-related controls to ensure effectiveness and compliance with established standards.
Develop and enhance underwriting governance policies, procedures and guidelines.
Assist with tracking and reporting on actions arising from audits, reviews and governance forums. Build enhanced monitoring tools and processes.
Enhance underwriting authority frameworks and ensure controls are appropriately designed and remain up to date and effective.
Assist with internal and external underwriting audits, including stakeholder engagement and evidence gathering. Develop learnings into new processes / controls and documentation
Assist with regulatory reporting and governance submissions where required.
Support development of training materials
Contribute to strategic governance and underwriting improvement projects.
Skills & experience
Experience within underwriting, underwriting operations, governance, risk, compliance or a related insurance function.
Strong understanding of underwriting processes and governance frameworks.
Experience working within the London Insurance Market, MGA environment or specialty insurance sector would be advantageous.
Excellent analytical and problem-solving skills with the ability to interpret complex datasets and identify trends.
Advanced Excel skills and confidence working with large data sets.
Experience using or willingness to work with analytical tools such as SQL, Power BI or similar reporting platforms.
Strong attention to detail and ability to identify anomalies, control weaknesses and process improvement opportunities.
Excellent written and verbal communication skills with the ability to influence stakeholders at all levels.
Proven ability to manage multiple priorities and deliver high-quality work within tight deadlines.
Experience supporting audits, regulatory reviews or governance assessments.
Ability to work independently while building strong collaborative relationships across underwriting and business functions.
Experience of using AI to drive efficiencies
Other
The Fidelis Partnership Ethos
At The Fidelis Partnership, we aim to be different while making a difference.
We set the standard for quality in our industry. Guided by our expertise, our clients can take unique and material risks with confidence.
Our approach is tailored and designed to deliver excellence for our clients. We are trailblazers, creating unique solutions in the (re)insurance space.
We are experts. Our brokers and clients value the depth of our knowledge and experience. We leverage state-of-the-art underwriting technology to be a market leader.
We believe sound ethics make for good business. We deliver value for our customers, investors and communities while actively avoid trading with industries that cause harm to people, the environment and animals.
We pride ourselves in creating a workplace that prizes execution, meritocracy, Diversity & Inclusion. Our people herald from countless backgrounds and are united by ambition and the unabashed desire to deliver excellence every day. We provide a competitive environment that helps people cultivate themselves professionally and personally and balance a rigorous workplace with a mindset that prioritises environmental and charitable activities in our communities worldwide.
Our ethos dictates our decisions and actions. It unites us as a team of experts and colleagues and provides us with a compass for ensuring we deliver our best to every stakeholder we serve.
Diversity, Equity & Inclusion
Diversity & Inclusion in the workplace
Insofar as possible, we aim to ensure the composition of our workforce reflects the make-up of the local community
We have specific programmes in all our offices to support diversity within the hiring process, e.g. internship and scholarship award programmes
This is a particular focus in Bermuda, where we engage actively with local organisations to source diverse talent and provide coaching/mentoring for underrepresented groups
We aim to maintain a focus on equal opportunities across all stages of hiring process
We measure and minimise the pay gap where possible.
Bring Your Whole Self to Work
Our vision is for a workplace culture where differences are valued and where diversity of background, experience and thought are welcomed. We want to create an environment where all employees, regardless of who they are, are given equal opportunities for career progression and enjoy fair reward from their and The Fidelis Partnership's successes. This will be driven by a workforce that embraces Diversity & Inclusion at every level, in every department across The Fidelis Partnership.
To ensure that all candidates have a fair opportunity to show their abilities during the recruitment process, adjustments may be required. If your physical or mental health or disability may necessitate an adjustment, please contact fidelis@avenciaconsulting.com to discuss. All information relating to your health or disability will be treated in accordance with our data protection policy.
