Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join a dynamic team to support delegated underwriting processes and maintain accurate records.
- Company: Be part of a leading insurer known for its positive and collaborative culture.
- Benefits: Enjoy a permanent role with opportunities for growth and development.
- Why this job: Make a real impact while learning about the insurance industry and regulatory practices.
- Qualifications: Ideal for those with insurance experience or transferable skills; enthusiasm is key!
- Other info: Located in Chelmsford, Essex, this role offers a chance to work with top industry professionals.
The predicted salary is between 36000 - 60000 £ per year.
Working within a high performing, positive and collaborative team, where you can make a difference, within this leading Insurer.
Delegated Underwriting processes, maintaining accurate information in DU systems and liaising with all members of the DU team in relation to:
- Client on-boarding
- Binding Authority Agreements
- Audits
- Bordereaux Management
Understand and support business relating to first on-boarding and Binding Authority renewals.
Maintain accurate records, including Client Account and Binding Authority entries, and undertake quality control of the underwriting teams’ entries on a weekly and monthly basis.
Support the delivery of the audit plan.
Assist with the management of bordereaux records including:
- Chasing bordereaux
- Keeping records
- Liaising with relevant internal and external stakeholders such as Lloyd's brokers and Underwriters as required
Review Lloyd's international regulatory trading requirements.
Support the implementation of Lloyd's, FCA and other regulators’ policies and procedures.
Understand all appropriate lines of escalation and the responsibilities of governance.
Any other tasks as appropriate to this role.
Understanding of Lloyd's delegated authority tools and Lloyd's Market practices and regulation, specifically relating to delegated underwriting.
If you have worked within a similar role or have transferable Insurance skills and are interested to know more then please submit your CV for consideration.
Delegated Underwriting Support Technician employer: The Recruiter Ltd
Contact Detail:
The Recruiter Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Delegated Underwriting Support Technician
✨Tip Number 1
Familiarise yourself with Lloyd's delegated authority tools and market practices. Understanding these will not only help you in the interview but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the insurance industry, especially those who have experience in delegated underwriting. Engaging with them can provide insights and potentially lead to referrals.
✨Tip Number 3
Stay updated on regulatory changes from Lloyd's and the FCA. Showing that you are proactive about compliance can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss specific examples of how you've maintained accurate records or managed audits in previous roles. Real-life scenarios can illustrate your skills effectively during the interview.
We think you need these skills to ace Delegated Underwriting Support Technician
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in delegated underwriting or similar roles. Emphasise any specific skills related to Lloyd's market practices and regulatory requirements.
Craft a Strong Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention your enthusiasm for working within a collaborative team and how you can contribute to their success.
Highlight Relevant Skills: In your application, focus on skills such as attention to detail, organisational abilities, and experience with quality control processes. These are crucial for maintaining accurate records and supporting audit plans.
Showcase Your Knowledge: Demonstrate your understanding of Lloyd's delegated authority tools and regulatory requirements in your application. This will show that you are well-prepared for the responsibilities of the role.
How to prepare for a job interview at The Recruiter Ltd
✨Know Your Underwriting Basics
Make sure you have a solid understanding of delegated underwriting processes and the specific responsibilities of the role. Brush up on key terms and concepts related to Binding Authority Agreements and bordereaux management, as these will likely come up during the interview.
✨Demonstrate Team Collaboration Skills
Since this role involves working within a collaborative team, be prepared to discuss your experience in teamwork. Share examples of how you've successfully worked with others to achieve common goals, especially in high-pressure situations.
✨Showcase Your Attention to Detail
Given the importance of maintaining accurate records and undertaking quality control, highlight your attention to detail. Prepare to discuss specific instances where your meticulousness has positively impacted your previous work.
✨Familiarise Yourself with Regulatory Requirements
Understanding Lloyd's international regulatory trading requirements is crucial for this position. Research the relevant regulations and be ready to discuss how you would ensure compliance in your role, demonstrating your proactive approach to governance.
