Delegated Authority Financial Risk

Lloyd; Greater London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading financial services firm in the UK is seeking a Delegated Authority Contractor to manage financial risk. The role requires a strong underwriting background, particularly in Delegated Authority business within a Lloyd’s context. Responsibilities include professional assurance reporting, governance evaluations, and risk assessments. The position offers a generous benefits package, including a hybrid working model and support for training and development.

Benefits

Generous pension scheme

Healthcare and wellbeing programmes

Financial support for training

Flexible benefit allowance

Employee recognition scheme

Qualifications

• Experience in writing and overseeing Delegated Authority business.
• Practical understanding of delegated underwriting operations.
• Knowledge of Lloyd’s Principles‑Based Oversight framework.

Responsibilities

• Deliver professional assurance reporting to senior stakeholders.
• Evaluate governance and risk management from an assurance perspective.
• Analyze business outputs to form evidence‑based conclusions.

Skills

Proven underwriting background

Excellent communication skills

Analytical capability

Ability to work in a team

Job description

Position Summary

Delegated Authority (Contractor) – Financial Risk (3‑month contract on a day rate)

Location: Lloyd’s UK, London
Job Type: Full time
Posted: Today | End Date: February 4, 2026 (26 days left to apply)
Job Requisition ID: R4681

Responsibilities

• Deliver clear, professional assurance reporting to senior stakeholders.
• Evaluate governance, control frameworks and risk management from a second‑line assurance perspective.
• Analyze underwriting MI, business outputs and performance measures to form evidence‑based conclusions.
• Work collaboratively within the team, applying sound judgement and delivering high‑quality outputs within tight timelines.

Qualifications

• Proven underwriting background within the Lloyd’s market, with direct experience of writing and overseeing Delegated Authority business, including broker facilities, binders, coverholders and TPAs.
• Practical understanding of how delegated underwriting operates, with the ability to assess oversight effectiveness from a practitioner perspective.
• Demonstrable knowledge of Lloyd’s Principles‑Based Oversight (PBO) framework and its application to Delegated Authority business.
• Experience operating at a senior level within underwriting, underwriting management, DA governance or assurance functions in a Lloyd’s context.
• Analytical capability, including review of underwriting MI, wider business outputs and performance measures to form evidence‑based conclusions.
• Excellent written and verbal communication skills, with experience delivering clear, professional assurance reporting.
• Ability to work as part of a team, apply sound judgement and deliver high‑quality outputs within tight timelines.

Benefits & Reward

• Generous pension scheme.
• Healthcare and wellbeing programmes.
• Financial support for training, education & development.
• Benefit allowance for flexible benefits such as gym membership, dental insurance, extra holiday or cycle‑to‑work scheme.
• Employee recognition scheme and various discount schemes.
• Hybrid working model offering flexibility between office and home.

Diversity and Inclusion

We actively promote an inclusive environment that reflects the global markets we serve. Lloyd’s aims to treat everyone with dignity and respect, offering workplace adjustments, regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities, and investment in professional development.

Application

To apply or request application support and adjustments, please follow the provided link (note: clicking does not register your application).