Delegated Authority & Compliance Analyst

Westfield Specialty International; Greater London; On-site; GBP 32,000 - 42,000; Full time

Job summary

Westfield Specialty International in London is seeking an administrative professional to assist with Lloyd’s and Non-Lloyd’s coverholder applications, due diligence information, and contract management workflows.

You will maintain QA processes, liaise with brokers, DCAs, auditors and underwriters, support regulatory compliance, and help with system testing alongside IT and business change teams.

Qualifications

• Excellent administrative experience.
• Experience of working in a Lloyds environment advantageous.
• Good knowledge of Outlook, Word, Excel and Powerpoint.
• Education to at least A-level; degree preferable.
• Desire to work towards ACII qualifications.

Responsibilities

• To assist with Lloyd’s and Non-Lloyd’s coverholder applications (including Class of Business, Regional extensions, Branch office applications for Coverholders, Westfield Service Companies and CAA applications).
• Supporting the team with preparing information required for Due Diligence reviews.
• To co-ordinate workflows for Coverholder and Binder/Lineslip/Consortia Contract management including workflow processes and compliance reviews.
• Pro-actively co-ordinate and prepare Delegated Claims Administrator due diligence information for review.
• To review weekly workflow and carry out required Quality Assurance processes.
• To be a point of contact for Brokers, Coverholders, DCAs, Auditors and Underwriters for any queries, chasing for outstanding information when required.
• Follow up and escalation of open audit recommendations to ensure completion in line with agreed service levels.
• Assist on system testing and liaise with the IT and Business Change teams as and when required.
• Ad hoc tasks as required.
• Comply with all regulatory requirements for delegated underwriting and Westfield internal protocols and procedures.
• Attend market forums and workshops as and when required to stay abreast of ongoing regulatory and market changes.

Skills

Administrative experience

Lloyd's environment

Outlook

Excel

PowerPoint

Education

A-level or higher

Tools

Lloyd's systems knowledge

Job description

Westfield Specialty International in London is seeking an administrative professional to assist with Lloyd’s and Non-Lloyd’s coverholder applications, due diligence information, and contract management workflows.

You will maintain QA processes, liaise with brokers, DCAs, auditors and underwriters, support regulatory compliance, and help with system testing alongside IT and business change teams.