Delegated Authority Audit Coordinator

Delegated Authority Audit Coordinator

Full-Time 35000 - 45000 £ / year (est.) No working from home possible
Accredited - Specialty Insurer

At a Glance

  • Tasks: Coordinate audits to ensure compliance and good customer outcomes.
  • Company: Join a leading insurance firm committed to excellence.
  • Benefits: Competitive salary, learning opportunities, and a supportive team environment.
  • Other info: Dynamic role with opportunities for growth and development in a collaborative setting.
  • Why this job: Make a real impact by ensuring quality and compliance in the insurance industry.
  • Qualifications: Strong communication skills and a willingness to learn; insurance experience is a plus.

The predicted salary is between 35000 - 45000 £ per year.

The role of the Delegated Authority Audit (DA) team is to provide independent, reasonable, and unbiased assurances to the Senior Management of Accredited that their Delegated Partners have appropriate systems and controls in place to comply with contractual conditions, regulatory requirements, and market best practices to ensure good customer outcomes. This role supports the delivery of the annual Delegated Partner audit plan to ensure that the DA team can meet its objective.

Department: Audit

Location: London

Key Responsibilities:

  • Oversee timely completion of all Subject Matter Expert (SME) Technical audits to ensure adherence to the agreed audit plan and process.
  • Collaborate, follow up, and review the SME audit reports.
  • Build and maintain effective working relationships with key internal and external stakeholders.
  • Maintain audit records, databases, team e-mail mailbox and the SharePoint site.
  • Work with teammates to close outstanding audit actions following verification of implementation.
  • Produce monthly, quarterly and ad-hoc reports as required.
  • Maintain working registers as required.
  • Perform additional tasks as assigned by line management.
  • Keep abreast of regulatory and industry developments.
  • Ensure compliance with all applicable UK and international statutory or regulatory obligations as required by the role.

This includes but is not limited to obligations arising from:

  • Prudent management of the business.
  • Placing due regard on good customer outcomes.
  • Observing rules on International Sanctions and Financial Crime.
  • Regulatory requirements and local licensing restrictions.
  • Promoting and following the Group’s internal processes and procedures.

Skills, Knowledge and Expertise:

  • Experience within the insurance industry is beneficial but not essential.
  • Proficient in standard office applications.
  • Excellent written and verbal communication skills.
  • Ability to work autonomously and collaboratively.
  • Effective planning and organisational skills.
  • Willingness to learn, adapt, explore new ideas and progress.
  • Commitment to progressing in the CII learning program.
  • Education to an O level / GCSE standard or above.
  • Working experience of 1 to 2 years of general insurance experience is desirable.

Delegated Authority Audit Coordinator employer: Accredited - Specialty Insurer

As a Delegated Authority Audit Coordinator in London, you will join a dynamic team dedicated to ensuring compliance and excellence within the insurance sector. Our company fosters a collaborative work culture that values continuous learning and professional development, offering opportunities for growth through the CII learning program. With a commitment to good customer outcomes and a supportive environment, we provide a rewarding workplace where your contributions truly matter.

Accredited - Specialty Insurer

Contact Details:

Accredited - Specialty Insurer Recruitment Team

We think you need these skills to ace Delegated Authority Audit Coordinator

Audit Management
Stakeholder Engagement
Report Writing
Regulatory Compliance
Technical Auditing
Data Management
Communication Skills