At a Glance
- Tasks: Conduct independent audits and enhance operational standards in the insurance sector.
- Company: Global specialty insurance organisation known for its collaborative culture and technical excellence.
- Benefits: Competitive salary, hybrid work model, and opportunities for professional development.
- Why this job: Make a real impact in the insurance industry while developing your audit skills.
- Qualifications: 5+ years in insurance audit and strong analytical skills required.
- Other info: Dynamic environment with excellent career growth opportunities.
The predicted salary is between 42000 - 84000 £ per year.
This role is responsible for delivering independent delegated authority audits across selected third‑party partners within the UK insurance market. The position plays a key part in strengthening oversight, improving operational standards, and ensuring regulatory and contractual compliance. It offers the opportunity to work across underwriting and claims operations while contributing to the ongoing development of audit frameworks and governance processes within a growing specialty insurance environment.
Key Responsibilities
- Conduct independent on‑site and remote audits of delegated underwriting and claims partners in line with the annual audit schedule.
- Lead pre‑audit scoping discussions with internal stakeholders to understand agreements, operational processes, and audit objectives.
- Coordinate the full pre‑audit process, including scheduling, information gathering, file selection, and preparation activities.
- Manage professional communication with third‑party partners throughout the end‑to‑end audit lifecycle.
- Produce high‑quality audit reports and executive summaries in line with defined service standards.
- Participate in peer reviews of audit reports to ensure consistency and quality.
- Contribute to the ongoing enhancement and review of delegated authority audit frameworks and methodologies.
- Support the development and planning of the annual audit programme.
- Monitor regulatory developments and market changes, incorporating relevant updates into audit processes.
- Build and maintain strong working relationships with compliance teams, internal stakeholders, and external partners.
What We're Looking For
- Approximately 5+ years' experience in an insurance audit or delegated authority oversight role.
- Strong technical understanding of underwriting processes, operational controls, and claims handling within delegated authority arrangements.
- Excellent analytical, investigative, and due diligence capabilities.
- Strong written communication and report‑writing skills.
- Confident interpersonal skills with the ability to engage professionally with a range of stakeholders.
- Highly organised with effective time‑management skills and the ability to manage multiple audits simultaneously.
- Willingness to travel within the UK as required.
Desirable but Not Essential
- Degree‑level education or equivalent professional experience.
About the Company
A global specialty insurance organisation with a strong technical focus and a reputation for disciplined underwriting and operational excellence. The business operates across multiple specialist lines and is investing in governance, data capabilities, and talent as part of its continued growth strategy. Known for its collaborative culture and commitment to professional development, the organisation offers an environment where technical expertise and continuous improvement are highly valued.
Delegated Authority Auditor employer: ACINRecruit
Contact Detail:
ACINRecruit Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Delegated Authority Auditor
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work in audit or delegated authority roles. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Make sure you can confidently discuss underwriting processes and operational controls. We want you to shine when they ask about your experience!
✨Tip Number 3
Showcase your analytical skills during interviews. Bring examples of past audits you've conducted and how you improved processes. This will demonstrate your value and fit for the role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Delegated Authority Auditor
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Delegated Authority Auditor role. Highlight your relevant experience in insurance audit and any specific skills that match the job description. We want to see how you fit into our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background aligns with our needs. Keep it professional but let your personality come through – we love a bit of character!
Showcase Your Communication Skills: Since strong written communication is key for this role, make sure your application is clear and concise. Use proper grammar and structure your thoughts well. We appreciate a well-organised application that reflects your attention to detail.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts and submit your materials!
How to prepare for a job interview at ACINRecruit
✨Know Your Auditing Basics
Make sure you brush up on your knowledge of delegated authority audits and the insurance market. Understand the key responsibilities of the role, like conducting audits and producing reports. This will help you speak confidently about how your experience aligns with what they’re looking for.
✨Prepare for Scoping Discussions
Since leading pre-audit scoping discussions is a big part of the job, think about how you would approach these conversations. Prepare questions that show your understanding of operational processes and audit objectives. This will demonstrate your proactive attitude and analytical skills.
✨Showcase Your Communication Skills
You’ll need to manage professional communication with third-party partners, so be ready to discuss examples of how you've successfully engaged with stakeholders in the past. Highlight your written communication skills by bringing along samples of audit reports or summaries you've produced.
✨Demonstrate Organisational Skills
With multiple audits to manage, being organised is crucial. Share specific strategies you use to stay on top of your workload, such as prioritising tasks or using project management tools. This will reassure them that you can handle the demands of the role effectively.