Delegated Authority Analyst

Delegated Authority Analyst | £50,000 - £60,000 | London (Hybrid)

A leading Lloyd's market insurer is seeking an experienced Delegated Authority Analyst to join their growing Delegated Authority team. This is an excellent opportunity for someone with experience within the Lloyd's or London Market who is looking to develop their career within Delegated Authority.

Responsibilities:

• Support Underwriters with the onboarding, due diligence and ongoing monitoring of delegated authority arrangements, including Coverholders, Lineslips, Consortiums and Delegated Claims Administrators (DCAs)
• Assist with the annual audit programme, ensuring audits and follow-up actions are completed within required timescales
• Produce regular governance reporting, KPIs and performance information for Underwriting and key stakeholders
• Support the review and administration of delegated authority arrangements in line with internal procedures and Lloyd's requirements
• Assist with regulatory and Lloyd's market returns, ensuring accurate and timely submissions
• Build effective working relationships with Underwriting, Compliance, Operations and other business functions
• Support internal and external audit activity and delegated authority projects
• Assist with the oversight of bordereaux management and EPI monitoring

Skills & Experience:

• Experience with in Delegated Authority, Underwriting Operations or a similar role within the Lloyd's/London Market
• Good understanding of delegated authority processes, due diligence, audits and regulatory requirements
• Strong analytical and problem-solving skills with excellent attention to detail
• Experience using Lloyd's delegated authority systems such as DCOM, DAM, Lineage, Atlas, Crystal, DDM, VIPR Intrali or LWR would be advantageous
• Good Excel and reporting skills
• Excellent communication and organisational skills
• Ability to build effective relationships with internal and external stakeholders
• A proactive approach with the ability to manage multiple tasks and meet deadlines

Package:

• Hybrid working – 3 days in the office and 2 days from home
• Excellent opportunity to develop within a growing Delegated Authority team