Claims Delegated Authority Assistant

Edenbrook Ltd.; Greater London; Hybrid; GBP 33,000 - 55,000; Full time

Job summary

Edenbrook Ltd. is seeking a Claims Delegated Authority Assistant in London with hybrid working. The role supports onboarding of DA claims, creation of DA agreements, and ongoing oversight and reporting of DA performance.

Applicants should have 1-2 years insurance experience, solid knowledge of underwriting principles, and proficiency with MS Office tools. Strong regulatory awareness and collaboration across teams are essential for success.

Qualifications

• Solid understanding of insurance principles and regulatory requirements.
• Experience with delegated authorities and Lloyd's reporting templates.
• Awareness of risks and controls in claims environments.

Responsibilities

• Onboarding of new and existing claims DA.
• Creation and maintenance of claims DA agreements.
• Oversight and reporting of claims DA performance.
• System upkeep for claims DA processes
• Support for claims DA manager on projects and audits
• Maintain Lloyd's and Group DA practices and conduct risk oversight

Skills

Insurance knowledge

Risk awareness

Regulatory understanding

1-2 years insurance experience

Interdepartmental collaboration

Tools

MS Word

Excel

Outlook

PowerPoint

Project

Job description

Claims Delegated Authority Assistant

London - flexible hybrid working

Up to £55,000

A leading Reinsurance Group are seeking a Claims Delegated Authority Assistant to contribute towards the management of delegated claims, incorporating applicable regulatory requirements.

Key Responsibilities & Accountabilities:

• Onboarding of new and existing claims DA
• Creation of claims DA agreements
• Oversight of claims DA performance
• Claims DA reporting
• Claims DA system upkeep
• Supporting claims DA manager with any project work
• Supporting claims DA manager with claims DA auditsSupporting claims DA manager with maintaining oversight of claims DA loss funds
• Supporting claims DA manger with upkeep of Lloyd's and Group DA practices
• Drive good Conduct for the business to deliver the best outcomes for customers / policyholders
• Understand all appropriate lines of escalation and the responsibilities of the Product Conduct Risk Strategy Group (PCRSG), Underwriting & Claims Sub Committee (UCSC), ExCo and Board for Conduct Risk

You will need to be able to display you have the following qualifications and experience:

• Good knowledge and understanding of: Underlying Principles of Insurance, Legal Principles, FSA and rules and regulations, Lloyds regulations
• Good knowledge of claims delegated authorities
• Good knowledge of Lloyd's Standard Claims Reporting template
• Demonstrate growing understanding of the roles of colleagues and their relationships to the structure and business plans of the Firm
• Willingness to continue to develop knowledge of policies, underwriting and related issues through formal and informal learning, both internally and externally to the firm
• Be aware of the potential risks facing the business within own job role and the controls that are in place to mitigate them
• 1-2 years insurance experience
• MS Word, Excel, Outlook, PowerPoint, Project