Delegated Authority Audit Manager

Tokio Marine Kiln; London; On-site; GBP 60,000 - 90,000; Full time

Job summary

Tokio Marine Kiln seeks a Delegated Authority Audit Manager to lead the audit programme within their Delegated Authority Department. The role involves managing a team, building relationships with stakeholders, and ensuring compliance with Lloyd's standards. The ideal candidate will demonstrate robust leadership and extensive experience in London market insurance, contributing to a culture of empowerment and excellence.

Qualifications

• Thorough knowledge of Lloyd's Delegated Authority compliance process.
• Strong leadership skills and resilience.
• Ability to work with high-quality insurance organizations.

Responsibilities

• Manage Delegated Authority Audit Team to meet service standards.
• Build relationships with internal and external stakeholders for effective audits.
• Oversee the closure of audit assignments and manage external audit firms' performance.

Skills

Leadership

Stakeholder Management

Compliance Knowledge

Education

Extensive experience in London market insurance

Job description

We have the opportunity for a Delegated Authority Audit Manager to join our Delegated Authority department at Tokio Marine Kiln. Reporting to the Head of Delegated Authority Services, you will be responsible for managing and successfully delivering the entire TMK Coverholder/DCA audit programme. You will oversee the Delegated Audit Team and manage relationships with external Audit and DA Consultancy Firms.

This role includes responsibilities such as:

1. Managing the Delegated Authority Audit Team to meet service standards.
2. Maintaining the assurance plan for Coverholder and DCA Audits within the delegated authority framework.
3. Building strong relationships with internal and external stakeholders, including external auditors, to ensure effective and cost-efficient audits.
4. Acting as TMK's primary interface with Lloyd's on all audit matters, maintaining relationships with Lloyd's Audit Coordination team.
5. Ensuring effective use of Lloyd's DAM for TMK's audit programmes.
6. Adhering to the TMK Internal Control Framework (ICF).
7. Collaborating with internal teams to target audits effectively, considering market, regulatory, and TMK-specific issues.
8. Overseeing the closure of audit assignments, including participating in closing meetings, preparing documentation, and managing audit files.
9. Managing external audit firms' performance and conducting annual reviews.
10. Ensuring external Partners/DCAs & Coverholders comply with conduct and compliance standards.
11. Escalating audit issues through appropriate committees and forums.
12. Maintaining adherence to Lloyd's Oversight Framework and principles.

The ideal candidate will have thorough knowledge of Lloyd's Delegated Authority compliance process and extensive experience in London market insurance. Strong leadership skills, resilience, and the ability to work with high-quality insurance organizations are essential. We value diversity, inclusion, and a culture of empowerment, excellence, and integrity.

We support flexible working and are committed to an inclusive environment. If you require adjustments during the application process, please contact [e-mail]. For application issues, email [e-mail].