Delegated Authority Operations Associate

HFG Insurance Recruitment

City Of London

On-site

GBP 42,000 - 64,000

Full time

5 days ago
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Job summary

Major Global in London is seeking an Delegated Authority Operations Associate to take end-to-end control of allocated Coverholder accounts across specialty classes. You will draft Binding Authority Agreements, manage endorsements, and ensure smooth processing within Lloyd’s framework.

You will use ATLAS, DCOM, PPL, and IMR/Xchanging daily and act as the primary liaison for underwriters and clients on reporting and premium settlements, maintaining accuracy and regulatory compliance in a

Qualifications

  • Solid experience working with Lloyd's Binding Authorities.
  • Hands-on experience with ATLAS, DCOM, PPL and IMR/Xchanging.
  • Experience processing premium bordereaux and coordinating market stakeholders.

Responsibilities

  • Take end-to-end control of allocated Coverholder accounts.
  • Draft Binding Authority Agreements and mid-term endorsements.
  • Utilize Market Systems for processing and reporting.
  • Coordinate premium settlements with underwriters and clients.

Skills

Lloyd's Binding Authorities
Operational risk management
Premium bordereaux processing

Tools

ATLAS
DCOM
PPL
IMR/Xchanging

Job description

Role: Delegated Authority Operations Associate

Location: City of London (EC3)

Client: Major Global, Employee-Owned Lloyd’s Broker

I am currently recruiting for a rapidly growing Binders team at one of the market’s leading independent brokers. Known for an exceptional employee-owned culture and real flexibility, they offer true account ownership without the red tape.

The Role

Take end-to-end operational control of allocated Coverholder accounts across specialty classes:

  • Contracts: Draft new/renewal Binding Authority Agreements and mid-term endorsements.
  • Market Systems: Full use of ATLAS, DCOM, PPL, and internal broking systems.
  • Processing: Review and process premium bordereaux and contracts via IMR / Xchanging.
  • Relationships: Act as the primary liaison for underwriters and clients on reporting and premium settlements.
What You Need
  • Solid operational background in Lloyd’s Binding Authorities.
  • Hands-on experience with ATLAS, DCOM, PPL, and IMR/Xchanging.
  • Experience processing premium bordereaux and managing market stakeholders.
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