Delegated Authority Senior Audit Analyst

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

Job summary

A leading Lloyd's market insurer in the United Kingdom is seeking a Delegated Authority Senior Audit Analyst. This role focuses on coordinating audit activities, managing regulatory compliance, and building relationships with stakeholders. The ideal candidate will have experience in the Lloyd's / London Market, strong analytical skills, and the ability to influence cross-functional teams. This hybrid position offers a collaborative environment and opportunities for professional growth.

Qualifications

• Proven experience working in the Lloyd's / London Market environment.
• Confidence interpreting audit reports and driving follow-up actions.
• Working knowledge of key regulatory and governance requirements.

Responsibilities

• Lead the oversight of delegated authority audit activity.
• Analyse audit reports and identify findings and risks.
• Support risk-based audit planning and manage audit schedules.

Skills

Analytical skills

Organisational capability

Stakeholder management

Communication skills

Proficiency in Excel

Proficiency in Word

Job description

Job Title: Delegated Authority Senior Audit Analyst

Location: London (Hybrid)

Salary Range: Competitive (dependent on experience)

Reporting to: Delegated Authority Audit Manager

Type: Permanent / Hybrid

Overview

This role sits at the centre of delegated authority oversight, coordinating and strengthening audit activity across Coverholders and Delegated Claims Administrators (DCAs). The Delegated Authority Senior Audit Analyst helps ensure robust governance, strong risk management, and consistent regulatory compliance across delegated arrangements. It's a highly collaborative position with exposure to senior stakeholders, market forums, and meaningful influence over audit standards, insights, and continuous improvement.

Key Responsibilities

• Lead the coordination and day-to-day oversight of delegated authority audit activity, ensuring audits are planned, tracked, completed, and reported on time
• Analyse audit reports for Coverholders and DCAs, identifying findings, trends, and areas of risk or non-compliance, and ensuring issues are escalated and resolved appropriately
• Support risk-based audit planning, including maintaining and managing the audit schedule and assigning Coverholders/DCAs to appropriate audit cycles
• Scope audits in collaboration with internal stakeholders, ensuring objectives are clear, proportionate, and aligned to the nature of the delegated arrangement
• Review audit proposals/quotes for scope accuracy and value, support invoice processing, and maintain oversight of audit firm performance against agreed standards/KPIs
• Produce and contribute to audit-related MI, KPIs, and governance reporting for senior stakeholders and committees
• Build strong working relationships with internal teams and external parties (Coverholders, DCAs, auditors), acting as a key point of contact for audit queries and communications
• Deliver training and guidance on audit processes and expectations to internal and external stakeholders as required
• Represent the business at relevant market forums and contribute to best‑practice discussions across the delegated authority community

What We’re Looking For

• Strong analytical and organisational capability, with the ability to manage multiple audits and competing priorities effectively
• Proven experience working in the Lloyd's / London Market environment, with a solid understanding of delegated authority arrangements
• Confidence interpreting audit reports, identifying risk themes, and driving follow‑up actions through to resolution
• Excellent stakeholder management and communication skills, with the ability to influence and collaborate across functions and external partners
• Working knowledge of key regulatory and governance requirements, including delegated authority standards, conduct expectations (e.g., Consumer Duty), and financial crime considerations
• Proficiency in Excel and Word, with the ability to produce clear MI/KPI reporting

Desirable but Not Essential

• Familiarity with audit methodologies and frameworks within insurance, compliance, or regulated environments
• Experience in monitoring third‑party/audit supplier performance and contributing to supplier selection or reviews
• Experience delivering training or process guidance to internal teams and external partners

About the Company

A well‑established Lloyd's market insurer with a strong reputation for technical underwriting, robust governance, and a collaborative culture. The business operates internationally and is committed to investing in its delegated authority oversight, risk management, and operational capability as part of its ongoing growth and regulatory focus.