Delegated Authority Analyst

Insight Select; Greater London; Hybrid; GBP 50,000 - 60,000; Full time

Benefits offered by this job

Hybrid working

Job summary

Insight Select is recruiting a Delegated Authority Analyst for a Lloyd's market insurer client in London on a hybrid basis. You will support onboarding, due diligence and ongoing monitoring of delegated authority arrangements, including Coverholders, Lineslips, Consortiums and DCAs.

Responsibilities include audits, governance reporting and KPI production for Underwriting and stakeholders; reviewing delegated authority processes to ensure Lloyd's compliance; and assisting with regulatory returns

Qualifications

• Experience in Delegated Authority, Underwriting Operations or similar in Lloyd's/London Market.
• Knowledge of delegated authority processes, due diligence, audits and regulatory requirements.
• Strong analytical and problem-solving skills with attention to detail.
• Experience with Lloyd's delegated authority systems (DCOM, DAM, Lineage, Atlas, Crystal, DDM, VIPR, Intrali, LWR).
• Good Excel and reporting skills.
• Excellent communication and organisational skills.
• Ability to build relationships with internal and external stakeholders.
• Proactive with multi-tasking and meeting deadlines.

Responsibilities

• Support Underwriters with onboarding, due diligence and monitoring of delegated authority arrangements.
• Assist with the annual audit programme and follow-up actions.
• Produce governance reporting, KPIs and performance information for Underwriting and stakeholders.
• Support the review and administration of delegated authority arrangements in line with internal procedures and Lloyd's requirements.
• Assist with regulatory and Lloyd's market returns, ensuring accurate and timely submissions.
• Build effective working relationships with Underwriting, Compliance, Operations and other business functions.
• Support internal and external audit activity and delegated authority projects.
• Assist with the oversight of bordereaux management and EPI monitoring.

Skills

Delegated Authority

Underwriting Operations

Regulatory knowledge

Analytical skills

Stakeholder communication

Excel & Reporting

Task management

Tools

DCOM

DAM

Lineage

Atlas

Crystal

DDM

VIPR

Intrali

LWR

Job description

Delegated Authority Analyst | £50,000 - £60,000 | London (Hybrid)

A leading Lloyd's market insurer is seeking an experienced Delegated Authority Analyst to join their growing Delegated Authority team. This is an excellent opportunity for someone with experience within the Lloyd's or London Market who is looking to develop their career within Delegated Authority.

Responsibilities:

• Support Underwriters with the onboarding, due diligence and ongoing monitoring of delegated authority arrangements, including Coverholders, Lineslips, Consortiums and Delegated Claims Administrators (DCAs)
• Assist with the annual audit programme, ensuring audits and follow-up actions are completed within required timescales
• Produce regular governance reporting, KPIs and performance information for Underwriting and key stakeholders
• Support the review and administration of delegated authority arrangements in line with internal procedures and Lloyd's requirements
• Assist with regulatory and Lloyd's market returns, ensuring accurate and timely submissions
• Build effective working relationships with Underwriting, Compliance, Operations and other business functions
• Support internal and external audit activity and delegated authority projects
• Assist with the oversight of bordereaux management and EPI monitoring

Skills & Experience:

• Experience within Delegated Authority, Underwriting Operations or a similar role within the Lloyd's/London Market
• Good understanding of delegated authority processes, due diligence, audits and regulatory requirements
• Strong analytical and problem-solving skills with excellent attention to detail
• Experience using Lloyd's delegated authority systems such as DCOM, DAM, Lineage, Atlas, Crystal, DDM, VIPR Intrali or LWR would be advantageous
• Good Excel and reporting skills
• Excellent communication and organisational skills
• Ability to build effective relationships with internal and external stakeholders
• A proactive approach with the ability to manage multiple tasks and meet deadlines

Package:

• Hybrid working – 3 days in the office and 2 days from home
• Excellent opportunity to develop within a growing Delegated Authority team