Senior Delegated Authority Auditor

MLM Search LTD; London; On-site; GBP 60,000 - 90,000; Full time

Job summary

A leading insurance organization in London is seeking a Senior Delegated Authority Auditor to lead pivotal audits of third-party underwriting agents. This high-impact role involves ensuring robust governance and regulatory compliance, while driving improvements in audit practices across delegated arrangements.

Qualifications

• Deep knowledge of delegated authority arrangements.
• Ability to challenge and influence at a senior level.

Responsibilities

• Lead strategic audits across underwriting, sales, claims, and complaints.
• Conduct reviews to evaluate customer journeys and regulatory performance.
• Deliver risk-rated audit reports with remediation strategies.

Skills

Audit Management

Risk Management

Regulatory Compliance

Stakeholder Management

Customer Focus

Job description

A leading insurance organisation is seeking an experienced Senior Delegated Authority Auditor to lead critical audits of third-party underwriting agents (MGAs), coverholders, and binding authorities across its delegated authority portfolio.

This is a high-impact role, central to ensuring robust governance, regulatory compliance, and effective risk management across delegated underwriting arrangements.

Key Responsibilities:

• Lead Strategic Audits: Design and execute risk-based audit plans covering underwriting, sales, claims, and complaints, from planning to reporting.
  
• Customer-Centric Assessments: Conduct file reviews and call listening to evaluate customer journeys and identify any gaps in regulatory or outcome-based performance.
  
• Ensure Regulatory Compliance: Monitor and assess adherence to FCA, PRA, Lloyd s standards, internal policies, and contractual agreements.
  
• Manage Stakeholder Risk: Escalate material risks promptly with actionable insights for leadership and governance forums.
  
• Drive Continuous Improvement: Deliver risk-rated audit reports with practical remediation strategies and track resolution.
  
• Shape Oversight Strategy: Use audit findings and performance trends to influence partner oversight and embed best practices across functions.
  

What We re Looking For:

A confident and proactive audit professional with deep knowledge of delegated authority arrangements, regulatory frameworks, and the ability to challenge and influence at a senior level.