Senior Delegated Underwriting Assistant
Application Deadline: 31 August 2025
Department: Underwriting Operations
Employment Type: Permanent - Full Time
Location: London
Description
The key purpose of this role is to provide support to the Delegated Underwriting Manager in any activities relating to the monitoring and compliance with underwriting requirements as set out within the Lancashire Delegated Underwriting policy and procedures.
To assist with administration and other clerical duties that impacts the Delegated Underwriting team.
Specific Responsibilities
* Responsibility for the completion of Coverholder due diligence
* Responsibility for the review and approval of binding authority agreements across Lancashire Syndicates Limited and Lancashire Insurance Company (UK) Limited
* Responsibility for the review and registration of all consortia that Lancashire participate
* Responsibility for the Coverholder audit process, including scheduling, reviewing reports and resolution of any issues raised from the reports
* Responsibility for maintaining and monitoring Lloyd’s ATLAS and DCOM systems.
* The production of delegated underwriting information for monthly packs and regulatory returns.
* The production of conduct and product related management information in respect of delegated underwriting
* Regular attendance at Underwriting and Claims forums as required
* Represent the Delegated Underwriting team at internal forums, including the Delegated Authority Oversight Group
* Ensuring compliance with the Lloyd’s “Principles” as they relate to Delegated Underwriting.
* Ensuring that delegated underwriting policies and procedures are maintained and reviewed on a regular basis
* Keeping up to date on technical and operational issues that relate to Delegated Underwriting business
* Communicating changes to key Delegated Underwriting controls to the business
* Attending meetings and liaising with the Lloyd’s Coverholder and Customer Oversight teams
* Assisting the Delegated Underwriting Manager with ad hoc duties as and when required.
Essential Skills & Requirements
* A thorough understanding of Lloyd’s reporting requirements and the requirements under “The Principles”.
* Experience in a Delegated Underwriting role.
* The ability to prioritise and handle the allocation of workloads, ensuring specific deadlines are met.
* Strong communication skills with the ability to build strong relationships both internally within the claims and underwriting teams and with coverholders and brokers.
* The ability to work well within the team, sharing their knowledge and training to meet business and team goals.
* Good mathematical and analytical skills
* Ability to review and analyse Coverholder MI against key controls
* Strong attention to detail in maintaining accurate records in the syndicate’s coverholder information systems
* Strong IT skills
The Lancashire Way
At Lancashire, we believe our culture sets us apart. The way we behave and approach our work day-to-day is what makes us unique and creates a positive experience for our people, business partners and other stakeholders. Honesty and integrity in all we do is a given and The Lancashire Way reflects our true character and spirit.
Straight-talking
We feel empowered to share thoughts and ideas, because everyone’s voice matters.
Collaborative
We work together towards common goals, share knowledge and support each other.
Hard-working
We all have a stake in the company’s success and are proactive in contributing to our goals and vision.
Responsible
We focus on achieving tangible results with consistent standards across the Group.
Positive
We engage with brokers, clients, communities, stakeholders and colleagues professionally and passionately as proud ambassadors of Lancashire.
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