Job Description
Delegated Authority
Your new companyA leading global speciality insurer is seeking a Senior Delegated Authority Analyst to join its Delegated Authority function. The organisation is well regarded for its financial strength, specialist underwriting expertise and commitment to innovation, customer service and employee development. It operates in a dynamic market environment and continues to grow, offering a collaborative culture and strong professional development opportunities.
Your new roleIn this role, you will act as a central point of contact for all matters relating to delegated underwriting arrangements. You will be responsible for conducting due diligence reviews for new and renewing delegated authority agreements, working closely with internal stakeholders throughout the approval process. You will also manage the annual audit schedule, which includes scoping and arranging audits, reviewing reports, discussing findings with relevant teams and ensuring that recommendations are implemented in a timely manner.You will review new and renewing lineslips and master policies to ensure compliance with internal standards, while also supporting the maintenance of the CRM system to ensure accurate and up-to-date records of all third-party relationships. The role involves conducting quality control reviews of work completed by other Senior Analysts and identifying any training needs. You will develop an understanding of the company’s various divisions and classes of business so that you can provide cover and support when required.Additionally, you will assist in reviewing and maintaining policies and procedures relating to third-party oversight, and you will support the preparation of quarterly reports for internal management committees. You will attend market forums and stay informed on regulatory and Lloyd’s market developments. The role also includes providing guidance and training to internal teams on delegated underwriting and regulatory requirements, supporting internal audit reviews, completing ad hoc compliance tasks and building strong working relationships with business units and the Lloyd’s Delegated Authority Team.
What you'll need to succeedTo be successful in this role, you will need strong attention to detail and excellent due diligence and investigative skills. You should have a highly analytical mindset, strong written and verbal communication abilities and the confidence to engage effectively with stakeholders at all levels. Strong organisational and time-management skills are essential, along with the ability to work independently and proactively. You should be IT literate and have experience in delegated authority or compliance within an insurance environment. Experience within the Lloyd’s Delegated Authority market and familiarity with systems such as Atlas, DCOM and DAM would be advantageous.
What you'll get in returnYou will be joining a successful and growing organisation that offers a competitive salary and a comprehensive benefits package. The company promotes a supportive and collaborative culture, with a strong focus on professional development and long-term career progression.
What you need to do nowIf you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.If this job isn't quite right for you but you are looking for a new position, please contact us for a confidential discussion on your career. # 4789183