Delegated Authority Analyst

HFG Insurance Recruitment; City Of London; On-site; GBP 45,000 - 60,000; Full time

Job summary

A leading Lloyd's Insurer in the City of London is seeking a Delegated Authority Analyst to support their Underwriting and Claims function. The role involves oversight of DA arrangements, preparing MI reports, and collaborating with multiple teams. Ideal candidates will have 3-5+ years of relevant experience and strong analytical skills.

Qualifications

• 3-5+ years of experience in Delegated Authority, Governance, and MI.

Responsibilities

• Collaborate with teams to prepare delegated authority proposals.
• Oversee management and auditing of delegated authority agreements.
• Prepare MI reports for underwriting and claims committees.

Skills

Governance

Management Information (MI)

Delegated Authority (DA)

Tools

Excel

Job description

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Senior Consultant | Insurance Recruitment Specialist | Underwriting, Claims & Broking | Lloyd’s & London Market

New Vacancy - Delegated Authority Analyst
Lloyd's Insurer
City of London

I am currently recruiting for a leading Lloyd's Insurer who is seeking a Delegated Authority Analyst to join their growing team.

My client is looking for someone with strong experience within DA, Governance, and MI to support the wider Underwriting & Claims function of the business. You will be responsible for the day-to-day oversight, monitoring, and auditing of DA arrangements and preparing MI data packs for relevant Underwriting/Claims processes. The ideal candidate will have 3-5+ years of experience in this space.

Key Responsibilities

• Collaborate with underwriting and claims teams to prepare new and renewal delegated authority proposals for submission to the Delegated Underwriting and Product Oversight Group.
• Oversee the management, monitoring, and auditing of delegated authority agreements, including issue resolution, escalation handling, reporting, logging, and governance oversight.
• Prepare management information (MI) reports and presentation packs for underwriting and claims committees and working groups.
• Develop and generate data reports using Excel, including designing MI reports.
• Contribute to initiatives that enhance MedPro's data control and staging environments.
• Track premium development in relation to Estimated Premium Income (EPI).
• Partner with underwriting, claims, and other Group entities to ensure timely receipt and quality of bordereaux and financial data.
• Ensure all contract amendments directed by underwriting and claims are accurately reflected in binding authority agreements, working closely with Legal to escalate and resolve issues before implementation.
• Monitor contractual SLAs, including those with coverholders, and escalate non-compliance when necessary.
• Draft and manage Letters of Authority for underwriting and claims, including monitoring compliance and exceptions.
• Engage in broader business initiatives and cross-functional projects.

Seniority level

• Entry level

Employment type

• Full-time

Job function

• General Business
• Insurance

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London, England, United Kingdom 1 week ago