At a Glance
- Tasks: Support delegated underwriting operations and ensure compliance in a fast-paced environment.
- Company: Join a dynamic insurance team with a focus on collaboration and growth.
- Benefits: Flexible hours, hybrid working, and support for your needs.
- Other info: Opportunities for professional development and continuous learning.
- Why this job: Gain valuable insurance expertise while making a real impact in the industry.
- Qualifications: 2 years' experience in insurance and strong Excel skills required.
The predicted salary is between 30000 - 40000 £ per year.
We’re looking for a Delegated Authority Technician to join our fast‑paced team supporting delegated underwriting operations. This hybrid role offers variety, collaboration, and the chance to grow your insurance expertise. You’ll deliver accurate and efficient support across delegated authority processes. Your work will ensure compliance, maintain data integrity, and enable smooth operational delivery.
Key Accountabilities
- Deliver risk, premium and claims bordereaux that are accurate and meet agreed timescales and standards.
- Draft and present delegated authority agreements and endorsements for sign‑off.
- Monitor gross written premium and notifiable limits, ensuring timely reporting.
- Calculate profit commission and provide information related to treating customers fairly (TCF).
- Collate and analyse data for internal and external collaborators.
- Ensure compliance with Lloyd’s regulatory standards and FCA principles.
- Maintain up‑to‑date knowledge of market bulletins and Lloyd’s international trading advice.
- Use Lloyd’s systems efficiently and adapt to new systems, procedures and DA structures.
- Support the team and manager with day‑to‑day operations and project work.
- Liaise professionally with insurers and internal teams.
- Ensure all client records and communications are accurately documented and securely stored.
- Align with GDPR, the Bribery Act 2010, anti‑money laundering regulations and sanctions policies.
- Uphold Howden’s standards, market best practises and the CII Code of Ethics.
- Adhere to the firm’s treating customers fairly policy and segregation of duties guidelines.
Skills & Experience
- Strong knowledge of the insurance market and delegated authorities, including experience preparing risk, premium and claims bordereaux, agreements and endorsements.
- Proficient in Excel, with confidence using lookups, formulas, pivot tables and macros.
- Minimum of 2 years’ experience in the insurance industry.
- Cert CII qualified or committed to achieving the qualification within 18 months of joining.
- Strong attention to detail and ability to manage high volumes of work efficiently.
- Highly organised with excellent time management and prioritisation skills.
- Ability to work effectively under pressure and adhere to correct procedures at all times.
- Committed to continuous learning through eLearning and professional development.
- Proactive in identifying and improving inefficient processes.
- Demonstrates core values of passion, integrity, expertise and deliver – motivated, trustworthy, eager to grow professionally and a strong team contributor.
Benefits
We offer reasonable adjustments to support your needs. This may include accommodations such as software, IT and office set‑ups, flexible hours or hybrid working, where possible.
Delegated Authority Technician in Colchester employer: 2136GB00 Howden UK Brokers Limited
Join our dynamic team as a Delegated Authority Technician, where you'll thrive in a collaborative and fast-paced environment that champions professional growth and development. With a strong commitment to employee well-being, we offer flexible working arrangements and continuous learning opportunities, ensuring you can enhance your insurance expertise while maintaining a healthy work-life balance. Our culture is built on integrity and passion, making us an excellent employer for those seeking meaningful and rewarding careers in the insurance industry.
Contact Details:
2136GB00 Howden UK Brokers Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Delegated Authority Technician in Colchester
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We think you need these skills to ace Delegated Authority Technician in Colchester
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
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Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at 2136GB00 Howden UK Brokers Limited.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at 2136GB00 Howden UK Brokers Limited. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at 2136GB00 Howden UK Brokers Limited
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at 2136GB00 Howden UK Brokers Limited to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
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✨Prepare for Behavioural Questions
As a full-timer at 2136GB00 Howden UK Brokers Limited, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
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Understanding 2136GB00 Howden UK Brokers Limited's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
