Delegated Authority Assistant

Starr Companies; London; On-site; GBP 25,000 - 45,000; Full time

Job summary

Join a dynamic and rapidly growing insurance organization as a Delegated Authority Assistant. This role offers an excellent opportunity for individuals with 1-2 years of experience in General Insurance or recent graduates eager to develop their careers. You will provide crucial support to the Delegated Authority Team, managing key reports and ensuring data integrity. The company values attention to detail and problem-solving skills, and offers first-class training and development opportunities. Become part of a passionate workforce dedicated to excellence and growth in a competitive market.

Benefits

First Class Training and Development

Inclusive Work Environment

Qualifications

• 1-2 years of experience in General Insurance or the London Market.
• Looking to attain CII qualifications or a recent graduate.

Responsibilities

• Manage Coverholder Tracker and Line slip Sheet for all accounts.
• Assist in preparation of Coverholder, Line and Audit reports.

Skills

Attention to Detail

Problem Solving

Communication

Advanced Excel Skills

Education

CII Qualifications

Recent Graduate

Tools

Excel

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 2 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:

1. Manage the ‘Coverholder Tracker’ sheet, and Line slip Sheet for all accounts recorded.
2. Assist in the preparation of Coverholder, Line and Audit reports.
3. Undertake line slip due diligence with training and guidance.
4. Assist with the monthly Delegated Authority Oversight Group Reports.
5. Produce ad-hoc management information reports upon request.
6. Assist with the Bordereaux into VIPR.
7. Assist with any Ad hoc Reporting request.
8. Assist with VIPR broker and Underwriter liaison.
9. Immediately report any suspicion of financial crime to the Money Laundering Reporting Officer.
10. Manage any potential conflicts of interest to avoid disrepute to the company’s integrity.
11. Immediately advise Compliance of any complaints.
12. Operate within the Company’s standards for Treating Customers Fairly.
13. Submit timely and accurate information for internal reports.
14. Receive feedback from internal and external stakeholders on service delivery and knowledge of their specific business needs.
15. Maintain high standards of accuracy and data integrity.
16. Ensure 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.