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- Tasks: Manage delegated authority agreements and oversee a diverse portfolio of Coverholders.
- Company: Join a specialist insurance group known for technical excellence and global reach.
- Benefits: Enjoy opportunities for growth, collaboration, and a supportive team environment.
- Why this job: Make a tangible impact while building your experience in the London Market.
- Qualifications: Previous experience in delegated authority within the London insurance market is essential.
- Other info: Engage with market initiatives and contribute to internal projects.
The predicted salary is between 36000 - 60000 £ per year.
Join a specialist insurance group that thrives on technical excellence and a truly international reach. This is a fantastic opportunity to step into a key role where you will support the end-to-end management of delegated authority agreements and play a pivotal part in maintaining robust governance and oversight standards.
As a Delegated Authority Technician, you will work alongside experienced professionals to oversee a diverse portfolio of Coverholders, Service Companies and Consortia. With a focus on bordereaux oversight, you will handle everything from onboarding and monitoring to renewals and terminations, all while developing strong relationships with internal teams, brokers and market stakeholders. This is the perfect chance to build on your London Market experience and contribute to a forward-thinking, global business.
Key responsibilities:
- Process and monitor bordereaux data, ensuring accuracy and timely uploads to internal systems and Lloyd’s platforms.
- Support the approval and renewal of Coverholders, including due diligence, drafting agreements and coordinating sign-offs.
- Manage lineslips and consortia in line with internal procedures and market standards.
- Maintain high-quality data entry, reporting and system updates to support underwriting and finance teams.
- Resolve audit recommendations and ensure conduct risk reviews are carried out effectively.
- Contribute to internal projects and engage with market initiatives to strengthen delegated authority practices.
Experience you’ll need:
- Previous experience in a delegated authority function within the London insurance market.
- Familiarity with Lloyd’s requirements and systems including DCOM, DDM and Atlas.
- Strong data handling and analysis skills, with a keen eye for detail.
- Confident communicator who can work collaboratively with diverse stakeholders.
- Proficiency with bordereaux management systems and Excel.
If you’re looking for a role where you can make a tangible impact and grow within a supportive and globally respected team, we would be keen to discuss this with you further. Get in touch to learn more. #J-18808-Ljbffr
Delegated Authority Technician employer: Arthur
Contact Detail:
Arthur Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Delegated Authority Technician
✨Tip Number 1
Familiarise yourself with the specific requirements and systems used in the London insurance market, particularly those related to delegated authority. Understanding platforms like DCOM, DDM, and Atlas will give you a significant edge during discussions.
✨Tip Number 2
Network with professionals already working in delegated authority roles or within the London Market. Engaging with them can provide insights into the role and may even lead to referrals, which can be incredibly beneficial for your application.
✨Tip Number 3
Brush up on your data handling and analysis skills, especially with Excel and bordereaux management systems. Being able to demonstrate your proficiency in these areas during interviews will show that you're ready to hit the ground running.
✨Tip Number 4
Prepare to discuss your previous experience in delegated authority functions and how it relates to the responsibilities outlined in the job description. Highlighting specific examples of your work with Coverholders and consortia will help you stand out.
We think you need these skills to ace Delegated Authority Technician
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Delegated Authority Technician. Familiarise yourself with terms like 'bordereaux oversight' and 'Coverholders' to demonstrate your knowledge in your application.
Tailor Your CV: Highlight your previous experience in the London insurance market, especially any roles related to delegated authority. Use specific examples that showcase your data handling skills and familiarity with Lloyd's requirements.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your skills align with the key responsibilities, such as managing lineslips and contributing to internal projects.
Proofread Your Application: Ensure your application is free from errors. A well-presented CV and cover letter reflect your attention to detail, which is crucial for this role. Consider asking a friend or colleague to review your documents before submission.
How to prepare for a job interview at Arthur
✨Know Your Bordereaux
Make sure you understand the intricacies of bordereaux management. Be prepared to discuss your experience with data handling and how you've ensured accuracy in previous roles. This will show your technical expertise and attention to detail.
✨Familiarise Yourself with Lloyd's Systems
Brush up on your knowledge of Lloyd's requirements and systems like DCOM, DDM, and Atlas. Being able to speak confidently about these platforms will demonstrate your readiness for the role and your understanding of the industry standards.
✨Showcase Your Communication Skills
As a Delegated Authority Technician, you'll need to work with various stakeholders. Prepare examples of how you've successfully collaborated with teams or brokers in the past. Highlighting your communication skills will be key to impressing the interviewers.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities, especially regarding audit recommendations and conduct risk reviews. Think of specific situations where you resolved issues effectively, as this will showcase your critical thinking and proactive approach.
