Delegated Underwriting Authority Lead

Berkley Specialty London (a Berkley Company); Greater London; On-site; GBP 70,000 - 110,000; Full time

Job summary

Berkley Specialty London (a Berkley Company) is seeking a knowledgeable professional to oversee our delegated authority portfolio, perform due diligence on coverholders, manage audits, and monitor ongoing compliance. You will liaise with underwriters, regulators, and internal teams to ensure controls reflect our risk framework.

The role requires experience with Lloyd's delegated systems such as Atlas, DCOM and DAM, plus ability to coordinate audits, bordereau reviews, reporting, and issuer

Qualifications

• Strong knowledge of delegated authority management; including due diligence, audit, bordereau, reporting, and regulatory requirements.
• Demonstrable experience and success in relevant roles within career history.
• Understanding of Lloyd’s delegated systems; including Atlas, DCOM, and DAM

Responsibilities

• Carrying out due diligence into coverholders and third parties; including new, renewal, and Lloyd's coverholder tribunalisations.
• Reviewing binding authorities and lineslips to ensure that these include suitable controls, and reflect the intended nature of the relationships.
• Proactively managing our coverholder audit cycle; including planning, scheduling, scoping, auditor liaison, and the remediation of recommendations.
• Supporting wider efforts to ensure that other delegated deliverables (e.g. bordereaux, EPI reviews) are achieved on time and to specification.
• Acting as a subject matter expert in delegated authority, with the knowledge and experience to advise underwriters and troubleshoot issues.
• Ensuring compliance with internal and regulatory obligations relating to delegated underwriting authority.
• Ensuring that our delegated underwriting authority processes and framework remain current, effective, streamlined, and suitable for our risk profile.
• Disseminating market news and publications to relevant internal stakeholders.
• Supporting the development of junior members of the team.
• Ensuring that the best interests of our customers are at the forefront of our work
• Membership of groups and committees involved in delegated oversight; including the Delegated Underwriting Group, Product Oversight Group, and other forums.
• Deputising for the Head of Delegated Operations as necessary.
• Assisting with the testing of our SEND workbench and IT systems as necessary.

Skills

Delegated authority

Due diligence

Audit management

Lloyd's systems

Tools

Atlas

DCOM

DAM

Job description

Berkley Specialty London (a Berkley Company) is seeking a knowledgeable professional to oversee our delegated authority portfolio, perform due diligence on coverholders, manage audits, and monitor ongoing compliance. You will liaise with underwriters, regulators, and internal teams to ensure controls reflect our risk framework.

The role requires experience with Lloyd's delegated systems such as Atlas, DCOM and DAM, plus ability to coordinate audits, bordereau reviews, reporting, and issuer