At a Glance
- Tasks: Manage delegated authorities and oversee due diligence processes in a dynamic insurance environment.
- Company: Join AEGIS London, a forward-thinking company that values diversity and collaboration.
- Benefits: Enjoy a competitive salary, hybrid working, and opportunities for professional growth.
- Other info: Be part of a diverse workforce that values different perspectives and insights.
- Why this job: Make a real impact in the insurance sector while developing your skills in a supportive team.
- Qualifications: Experience in the London insurance market and strong communication skills are essential.
The predicted salary is between 50000 - 60000 € per year.
Time Type: Full time
Working Pattern: Hybrid
Purpose of the Role
AEGIS London is currently seeking a Delegated Authorities Manager to join the DUA team on a 6 months Fixed Term Contract basis (initially). Your main focus during this period would be on the due diligence process thus experience/strengths in this area would be advantageous. Amongst other things you will ensure the Syndicate operates an effective monitoring and supervision control framework to the syndicate’s portfolio of delegated underwriting contracts. This position is suited to someone who can offer immediate expertise during a busy phase in the cycle.
Duties and Accountabilities
- Oversee the approval process for new delegated arrangements to both Lloyd’s and AEGIS in line with company procedures, regulatory requirements and best practice.
- Manage the annual due diligence process and the ongoing monitoring and oversight of existing Coverholders, Binding Authorities and DCAs.
- Allocate the delegated arrangements to DA Analysts, ensuring a balanced distribution and maintain oversight so that they are managed in line with company procedures, regulatory requirements and best practice.
- Manage the audit process for all delegated arrangements. Set the annual audit plan, be the central contact point for audit queries and ensure that a coordinated approach is adopted between due diligence and audit when managing delegated arrangements.
- Carry out quality control assessments of DA Analyst tasks, ensuring a high standard of completion and consistency across the business.
- Oversee the EPI process ensuring adherence to the Syndicate’s procedures.
- Liaise with the Operations Team on bordereaux receipt, timeliness and data quality issues, ensuring that feedback is provided to Coverholders.
- Provide the business with delegated authority related support, advice and guidance, ensuring that a high level and collaborative service is delivered to key areas of the business.
- Assist other members of the Delegated Authorities team with various tasks as and when required to do so.
Skills, Knowledge and Experience
- Have relevant work experience gained in the London insurance market specifically within delegated authorities (and the due diligence process).
- Have a good understanding of Lloyd’s Delegated Authority systems.
- Be computer literate, they should have the ability to develop a full understanding and capability of in-house and MS systems.
- Have the ability to work on own initiative and as part of the team.
- Ability to build and maintain effective working relationships with colleagues at all levels within the organisation. Assertive but pragmatic in the conduct of the role with the ability to see the wider business context.
- Good people management skills and the ability to oversee delegation of work.
- Have well developed communication and stakeholder management skills.
AEGIS London is an equal opportunities employer and recognises the value of a diverse workforce in facilitating better decision making and business growth. We encourage a variety of differing views, perspectives and insights to create a collaborative working environment. Diversity and Inclusion are fundamental to our business and we encourage applications from all backgrounds recognising the diversity of society and our customers.
Delegated Authorities Manager (6 Months FTC) employer: AEGIS
AEGIS London is an exceptional employer that values diversity and fosters a collaborative work culture, making it an ideal place for professionals seeking meaningful employment. With a focus on employee growth and development, the company offers opportunities to enhance skills in the dynamic London insurance market while ensuring a supportive environment where every voice is heard. The hybrid working pattern allows for flexibility, enabling employees to balance their professional and personal lives effectively.
StudySmarter Expert Advice🤫
We think this is how you could land Delegated Authorities Manager (6 Months FTC)
✨Tip Number 1
Network like a pro! Reach out to your connections in the London insurance market, especially those who know about delegated authorities. A quick chat can lead to insider info on job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your due diligence knowledge. Be ready to discuss your experience and how it aligns with the role. We want to see you shine, so practice common interview questions and have your own ready!
✨Tip Number 3
Showcase your skills! If you’ve got experience with Lloyd’s Delegated Authority systems, make sure to highlight that in conversations. We love candidates who can demonstrate their expertise and how they can add value to our team.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we’re always on the lookout for passionate individuals who fit our culture and values.
We think you need these skills to ace Delegated Authorities Manager (6 Months FTC)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of Delegated Authorities Manager. Highlight your experience in the London insurance market and any specific skills related to due diligence and delegated authorities. We want to see how your background fits with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your understanding of Lloyd’s Delegated Authority systems and how you can contribute to our team. Keep it engaging and personal – we love to see your personality!
Showcase Relevant Experience:In your application, be sure to showcase any relevant work experience you've had, especially in managing delegated arrangements or conducting audits. We’re keen on seeing how your past roles have prepared you for this position, so don’t hold back!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates directly from us. Plus, it shows you're keen on joining the StudySmarter family!
How to prepare for a job interview at AEGIS
✨Know Your Due Diligence Inside Out
Since the role focuses heavily on the due diligence process, make sure you brush up on your knowledge in this area. Be prepared to discuss your previous experiences and how you've successfully managed due diligence in past roles. This will show that you can hit the ground running.
✨Familiarise Yourself with Lloyd’s Systems
Understanding Lloyd’s Delegated Authority systems is crucial for this position. Do some research on these systems and be ready to explain how you've used similar tools in your previous jobs. This will demonstrate your readiness to adapt and contribute effectively.
✨Showcase Your People Management Skills
The job requires good people management skills, so think of examples where you've successfully overseen a team or delegated tasks. Be ready to discuss how you maintain effective working relationships and ensure high standards across the board.
✨Prepare Questions About Company Culture
AEGIS London values diversity and collaboration, so prepare thoughtful questions about their company culture. This shows you're not just interested in the role but also in how you can fit into and contribute to their team dynamics.
