At a Glance
- Tasks: Join our team to support clients in the insurance sector with audits and consulting.
- Company: Polo Commercial Insurance Services is a growing, inclusive organisation based in London.
- Benefits: Enjoy flexible working, private health insurance, and 25 days annual leave plus more perks.
- Why this job: This role offers exposure to the insurance market and a chance to grow your career.
- Qualifications: Ideal for graduates or those keen on insurance; entry-level understanding required.
- Other info: Be part of a people-centric culture that values empowerment and teamwork.
The predicted salary is between 30000 - 32000 £ per year.
Delegated Authority Technician Department: Delegated Authority Employment Type: Permanent Location: London Compensation: £30,000 – £32,000 / year Description This is a new exciting opportunity to join the Polo Delegated Authority Practice, a growing department within Polo Commercial Insurance Services. Based in our London office, the team offers specialist support to Lloyd’s and non-Lloyd’s clients through the provision of services, audit and consulting. The Delegated Authority Analyst will have exposure across the end-to-end delegated authority lifecycle along with client duties and collaboration with other Polo teams, including the Claims Practice. This role is a great opportunity for those interested in joining an inclusive and well-respected organisation and could be suited to a graduate with an interest in the insurance market and Lloyd’s, or applicants looking to further their insurance career. We are a people-centric culture of togetherness, empowerment and involvement. It is our team that makes PoloWorks. Key Responsibilities Co-ordinating Coverholder and Delegated Claim Administrator due diligence, ensuring that all files are complete and up to date. Assisting with the co-ordination of external audits and managing the process through to closure of audit findings. Liaising with insurers, Coverholders, audit firms and brokers to ensure that approvals and renewals are processed in line with SLAs. The preparation of renewal slips and endorsements. Production of reports and meeting packs. Reviewing reports and chasing of outstanding queries. Assisting with client proposals. Ensuring all activities are completed in line with client expectations, regulatory requirements and best practices. Skills, Knowledge and Expertise An entry level understanding of delegated authority or Lloyd’s requirements. System savvy, preferably with knowledge of market systems including Atlas, DCOM, DAM, DDM, Crystal and Risk Locator. Attention to detail, excellent due diligence, and investigative skills. Strong analytical, written and communication skills. Excellent organisation and time management skills. Strong interpersonal skills with the ability to communicate effectively with individuals at all levels of the business in a confident and professional manner. Commitment to complete the Chartered Insurance Institute exams to a minimum of Certificate level. Demonstrates behaviours aligned to the PoloWorks PRIDE values: · Pioneering – we don’t stand still · Responsible – We do the right thing · Inclusive – we all play a role · Delivery Focussed- we provide services we are proud of · Empowering – we equip people to be their best Benefits As well as a competitive salary, discretionary annual bonus, and 25 days of annual leave (with the option to buy more), you will also get an excellent benefits package, including flexible, hybrid working, private health insurance, life assurance, income protection, enhanced pension contributions, and occupational maternity and paternity pay. You will also have access to company volunteering days, an employee assistance programme with retail discounts and savings, a generous employee referral scheme, regular sports and social events, and free Cheltenham bus travel. #J-18808-Ljbffr
Delegated Authority Technician employer: Polo
Contact Detail:
Polo Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Delegated Authority Technician
✨Tip Number 1
Familiarise yourself with the key systems mentioned in the job description, such as Atlas and DCOM. Having a basic understanding of these tools will not only boost your confidence but also show your proactive approach to learning about the role.
✨Tip Number 2
Network with professionals already working in the insurance sector, particularly those involved with Lloyd’s. Engaging in conversations can provide you with valuable insights and may even lead to referrals or recommendations.
✨Tip Number 3
Demonstrate your commitment to the industry by researching the Chartered Insurance Institute exams. Mentioning your intention to pursue these qualifications during any discussions can highlight your dedication and ambition.
✨Tip Number 4
Prepare to discuss how your personal values align with PoloWorks' PRIDE values. Reflect on examples from your past experiences that showcase your pioneering spirit, responsibility, inclusivity, delivery focus, and empowerment.
We think you need these skills to ace Delegated Authority Technician
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Delegated Authority Technician position. Understand the key responsibilities and required skills to tailor your application accordingly.
Highlight Relevant Experience: In your CV and cover letter, emphasise any relevant experience or education that aligns with the role. If you have knowledge of delegated authority or Lloyd’s requirements, be sure to mention it.
Showcase Your Skills: Demonstrate your analytical, written, and communication skills in your application. Provide specific examples of how you've used these skills in previous roles or projects.
Align with Company Values: Familiarise yourself with Polo's PRIDE values: Pioneering, Responsible, Inclusive, Delivery Focused, and Empowering. Reflect these values in your application to show that you are a good cultural fit for the organisation.
How to prepare for a job interview at Polo
✨Understand the Delegated Authority Lifecycle
Make sure you have a solid grasp of the delegated authority lifecycle, as this role involves exposure to various stages. Familiarise yourself with key terms and processes related to Lloyd’s and non-Lloyd’s clients to demonstrate your interest and knowledge during the interview.
✨Showcase Your Analytical Skills
Since the role requires strong analytical skills, be prepared to discuss examples from your past experiences where you've successfully analysed data or solved problems. Highlight any relevant coursework or projects that showcase your ability to think critically and pay attention to detail.
✨Familiarise Yourself with Relevant Systems
Research the market systems mentioned in the job description, such as Atlas, DCOM, and Risk Locator. Even if you haven't used them before, showing that you’ve taken the initiative to learn about these tools can set you apart from other candidates.
✨Emphasise Your Interpersonal Skills
This role involves liaising with various stakeholders, so it's crucial to demonstrate your strong communication and interpersonal skills. Prepare examples of how you've effectively communicated with different levels of an organisation and how you handle collaborative tasks.