Delegated Authority Audit Analyst

ACINRecruit; United Kingdom; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading specialty insurer in the UK is seeking a Delegated Authority Audit Analyst for a 12-month fixed-term contract. You will support the audit program and ensure compliance with regulatory standards. Ideal candidates will possess strong organization skills, analytical abilities, and a good knowledge of the Lloyd's market. This hybrid role offers an opportunity to drive actionable insights and represent the organization at key forums.

Qualifications

• Good knowledge of the Lloyd's market, binding authorities, and Coverholder operations.
• Strong organisation and administration skills; confident user of Excel and Word.
• Analytical mindset with the ability to interpret audit findings.

Responsibilities

• Support annual and quarterly planning of delegated authority audits.
• Analyse and process audit reports; identify issues and track actions.
• Communicate findings and recommended actions to internal stakeholders.

Skills

Knowledge of Lloyd's market

Strong organization skills

Analytical mindset

Clear communication

Confident with Excel and Word

Tools

Power BI

Job description

Job Title: Delegated Authority Audit Analyst

Location: London (Hybrid)

Salary Range: Competitive

Reporting to: Delegated Authority Audit Manager

Type: 12-month Fixed Term Contract | Hybrid

Overview

Support the delegated authority audit programme for a leading specialty insurer. This role operates the end-to-end audit process for Coverholders and Delegated Claims Administrators (DCAs), ensuring compliance with regulatory and internal standards (including Conduct/Consumer Duty, Compliance, and Financial Crime) and driving actionable insight back to the business.

Key Responsibilities

• Support annual and quarterly planning and scheduling of delegated authority audits.
• Analyse and process audit reports for Coverholders and DCAs; identify issues, track actions, and elevate per procedures.
• Communicate findings and recommended actions to internal stakeholders and market partners.
• Ensure external partners understand and comply with delegated authority, conduct, compliance, and financial crime requirements.
• Produce exception/ad-hoc MI and maintain accurate audit records, including auditor panel management and selection.
• Scope audits on a quarterly or ad-hoc basis and provide cover for fellow Audit Analysts as needed.
• Represent the organisation at relevant Lloyd's/market forums where appropriate.

What We're Looking For

• Good knowledge of the Lloyd's market, binding authorities, and Coverholder operations.
• Strong organisation and administration skills; confident user of Excel and Word.
• Analytical mindset with the ability to interpret audit findings and drive follow-up actions.
• Clear communicator who can influence stakeholders and manage competing priorities.
• Adaptable, self-motivated, and committed to continuous development.

Desirable but Not Essential

• Experience scheduling and scoping delegated audits.
• Exposure to auditor panel management and market forums.
• Familiarity with MI/reporting tools (e.g., Power BI) and document management systems.

About the Company

A well-established Lloyd's market insurer known for technical strength, inclusive culture, and long-term partnerships. The business is investing in governance, data, and talent to support sustainable growth and high standards of conduct across its delegated authority portfolio.