Job Description
New Vacancy - Delegated Authority Analyst Lloyd's SyndicateLondon
I am currently partnered with a leading Syndicate business who are seeking a Delegated Authority Analyst to join their growing team.
This role will be completing onboarding due diligence for new coverholders, managing coverholders throughout the cycle, conducting renewal due diligence for existing binders/ lineslips/consortia business and much more.
My client is looking for someone with strong DA experience within a Lloyd's environment, who has Atlas, DCOM, DAM, Wordings Repository and Crystal Plus system experience.
Key Responsibilities
Support the management of a delegated authority portfolio by:
* Completing onboarding due diligence for new coverholders, including sponsorship submissions to Lloyd's
* Maintaining ongoing due diligence throughout the lifecycle of coverholder relationships and associated contracts
* Conducting renewal due diligence for existing binders, lineslips, and consortia
* Preparing and processing applications covering classes of business, branch offices, and regional extensions
* Assisting underwriting and claims teams with delegated authority queries, approvals, and mid-term changes
* Contributing to the overall lifecycle management of the delegated authority portfolio
* Assist in reviewing binding authority contracts and liaising with brokers where required.
* Support the management of coverholder audits, including scheduling annual audits, processing audit reports, and tracking audit recommendations.
* Maintain accurate coverholder and binding authority records within the relevant management system.
* Monitor the team mailbox and distribute communications to appropriate stakeholders.
* Collaborate with internal teams such as underwriting, operations, finance, compliance, and claims to resolve day-to-day queries.
* Assist with the preparation of regular and ad hoc business reports.
* Provide general support to the team as needed.