Delegated Authority Assistant

Starr Companies; City Of London; On-site; GBP 25,000 - 35,000; Full time

Job summary

A global insurance organization is seeking a Delegated Authority Assistant in London. The role involves supporting the Delegated Authority Team with binding authorities business, maintaining records, and preparing various reports. Ideal candidates will have experience in General Insurance, excellent attention to detail, strong problem-solving abilities, and advanced Excel skills. This position offers opportunities for training and career development in a supportive and inclusive environment.

Benefits

First-class training and development opportunities

Qualifications

• 1–2 years’ experience in General Insurance or the London Market.
• Recent graduates or well-qualified school/college leavers may apply.
• High attention to detail and excellent communication skills required.

Responsibilities

• Manage the ‘Coverholder Tracker’ sheet and Line slip Sheet for all accounts.
• Assist with preparation of Coverholder, Line, and Audit reports.
• Support with Bordereaux into VIPR and any ad hoc reporting requests.

Skills

Attention to detail

Problem-solving

Communication

Advanced Excel skills

Education

CII qualifications (or pursuing)

Degree or equivalent

Job description

Delegated Authority Assistant page is loaded

Delegated Authority Assistant

Apply locations 30 Fenchurch Avenue, London, UK time type Full time posted on Posted 30+ Days Ago job requisition id JR3131

Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world.

Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.

Role Purpose

To provide the Delegated Authority Team support in relation to binding authorities business, Line slips, Consortium, Bordereaux and Coverholder Audits. The Delegated Authority Assistant will provide support to the Delegated Authority team in their day-to-day activities.

Responsibilities:

To manage the ‘Coverholder Tracker’ sheet, and Line slip Sheet for all accounts recorded. Assistance in the preparation of Coverholder, Line and Audit reports. Undertake line slip due diligence with training and guidance. Assistance with the monthly Delegated Authority Oversight Group Reports. Production of ad-hoc management information reports upon request. Assistance with the Bordereaux into VIPR Assistance with any Ad hoc Reporting request. Assistance with VIPR broker and Underwriter liaison. Immediately report any suspicion of financial crime to the Money Laundering Reporting Officer. Manage any potential conflicts of interest to avoid disrepute to the company’s integrity. Immediately advise Compliance of any complaints. Operate within the Company’s standards for Treating Customers Fairly. Timely and accurate information submitted for internal reports. Feedback from internal and external stakeholders on service delivery and knowledge of their specific business needs. High standards of accuracy and data integrity. Accuracy of file construction / binder construction.

Experience:

This is the perfect opportunity for a candidate who has 1 – 2 years’ experience in General Insurance or the London Market and is looking to attain CII qualifications, or a recent graduate / well-qualified school/college leaver. We are looking for a candidate who will have a high attention to detail, good at problem solving, be an excellent communicator and have advanced excel skills.

Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.

About Us

Starr Insurance is a global insurance and investment organization providing property and casualty insurance solutions to business and industry, and one of the fastest-growing insurance companies in the world. Our talented and experienced associates manage risk and ultimately support the profitable growth of organizations in a dynamic, competitive and ever-changing marketplace. Join us and become part of our talented and passionate workforce.