Delegated Authority audit Analyst

New role in DA audit management which consists of 2/3 Cover holder and 1/3 DCA agreements, Assisting in analysis of audits, and ensuring that Coverholders and DCAs are operating appropriately.

• Supporting Audit Manager in the annual and quarterly review process for audit scheduling & preparation of the annual Cover holder and DCA audit plans.

• Analysing and processing audit reports for both Coverholders and DCAs, ensuring that issues are identified, followed up and escalated in accordance with DA Audit procedures.

• Communication with the business, and where relevant market stakeholders, to determine appropriate actions to be taken for each Cover holder and DCA.

• Assist with the monitoring the closure of audit assignments upon satisfactory conclusion, including but not limited to; participate in closing meetings, committee presentation, preparing high level documentation for discussion with and review by internal stakeholders.

• Scoping of audits for Coverholders and DCA’s on a quarterly or adhoc basis; including the agreement of audit fees in line with agreed procedures.

• Prepare, compile and submit monthly report of open and overdue audit recommendations to each underwriting division / team.

• Prepare and provide regular analysis and Management Information on audit plan progress,

You must have a solid understanding of DA processes within the Lloyds market. You may have come from a DA Claims role and want to move into DA Auditing or could be working as an auditor presently. You must be able to read and action Audit reports and act as a technical referral point.

The syndicate are going through a large transformation so your ability to support and work within change is essential.