At a Glance
- Tasks: Support the Delegated Authority team in enhancing processes and compliance.
- Company: Join AIG's Talbot, a leader in innovative insurance solutions.
- Benefits: Comprehensive benefits package focusing on health, wellbeing, and professional growth.
- Other info: Inclusive culture with opportunities for continuous learning and career advancement.
- Why this job: Make a real impact in the insurance industry while developing your skills.
- Qualifications: Experience in Delegated Authority practices and strong stakeholder management skills.
The predicted salary is between 55000 - 65000 £ per year.
At Talbot and AIG, we are reimagining the way we help customers to manage risk. Join us as a Senior Delegated Authority Analyst to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.
Talbot operates within the Lloyd's Insurance Market through Syndicate 1183 and Syndicate 2019. With an expert team of highly skilled and experienced underwriters and a balanced, geographically diverse portfolio of business, Talbot has earned a reputation as an industry leading insurance specialist. Talbot writes a diversified portfolio including Crisis Management, Energy, Financial Lines, Marine, Political Risk, Property and Terrorism. Drawing on our deep industry expertise, Talbot develops tailored insurance solutions that address clients' evolving and often unique needs.
Syndicate 2019 provides Lloyd’s investors with access to AIG’s Private Client Select (PCS) portfolio. Part of AIG since 2018, Talbot is committed to working with brokers and clients to deliver industry leading solutions. It is headquartered in London with offices in New York and Singapore.
How you will create an impact
This is a senior role within the existing DA team to support the DA Manager. This includes, but is not limited to:
- Development work on current processes
- Development work within the bordereaux management processes
- Design improvement to current reporting
- On-boarding new Coverholders and Delegated Claims Administrators
- Reviewing new business submissions to ensure proposals align with Talbot’s strategy and appetite, ensuring appropriate sign-offs are received
- Work collaboratively with the Senior Claims Delegated Authority Analyst to ensure Talbot’s compliance with its Claims Delegated Authority Framework and Lloyd’s Principles for doing business
- Ongoing monitoring of Coverholder and DCA performance
- Periodic due diligence reviews of Coverholders and Delegated Claims Administrators, in line with the relevant framework
- Undertake reviews of Binding Authority Agreements and Delegated Claims Administrator contracts
- Assist in the administration of Delegated Authority Audit Programme, including scheduling and scoping of audits
- Analyse audit reports, agree recommendations with internal stakeholders and track recommendations through to completion
- Liaise with internal and external stakeholders including but not limited to Underwriters, Claims Adjusters, Brokers, External Auditors, Lloyd’s
- Support the Product Governance process
- Prepare committee packs and attend internal committee meetings where required; You may be expected to present at Committee Meetings when requested by either the Head of Underwriting Management or by the DA Manager
- Escalation of Delegated Authority breaches to appropriate forums
- Provide technical advice to internal stakeholders on Delegated Authority matters
- Develop and maintain effective relationships with Underwriters and other internal stakeholders
- Assist in the mentoring of other members of the DA team
- You will be expected to provide training throughout the business, with the support of the DA Manager, this will include Lineslip training with both internal and external requirements
What you’ll need to succeed
- Experience of Delegated Authority Practices, essential that there is significant knowledge of Lloyd’s processes/Regulatory requirements
- Excellent attention to detail
- Excellent stakeholder management skills
- Knowledge of Conduct Risk and Product Oversight
- Ability to manage workload, multi-task and work to tight deadlines
- Proactive attitude and good problem-solving skills
- Excellent communicator that has the ability to present to a Senior Management level
Ready to take your career to the next level? We would love to hear from you.
Senior Delegated Authority Analyst in London employer: AIG Insurance
At Talbot and AIG, we pride ourselves on being an exceptional employer, offering a dynamic work environment in the heart of London. Our commitment to employee growth is reflected in our comprehensive Total Rewards Program, which prioritises health, wellbeing, and professional development. With a culture that values collaboration and inclusion, you will have the opportunity to thrive alongside a talented team while making a meaningful impact in the insurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Delegated Authority Analyst in London
✨Tip Number 1
Network like a pro! Reach out to current employees at Talbot or AIG on LinkedIn. Ask them about their experiences and any tips they might have for landing the Senior Delegated Authority Analyst role. Personal connections can make a huge difference!
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of Lloyd’s processes and Delegated Authority practices. Be ready to discuss how your experience aligns with Talbot’s strategy and appetite. Show them you’re not just a fit, but the perfect fit!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After your interview, send a thank-you email to express your appreciation for the opportunity. It’s a great way to keep your name fresh in their minds and show your enthusiasm for the role.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in being part of the Talbot team. Let’s get you that dream job!
We think you need these skills to ace Senior Delegated Authority Analyst in London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience with Delegated Authority practices and Lloyd's processes. We want to see how your skills align with the role, so don’t hold back on showcasing your relevant achievements!
Showcase Your Attention to Detail:Given the importance of detail in this role, ensure your application is free from typos and errors. We appreciate a polished presentation, so take the time to proofread and make it shine!
Demonstrate Stakeholder Management Skills:In your application, share examples of how you've effectively managed relationships with various stakeholders. We’re looking for someone who can communicate well and collaborate across teams, so let us know how you’ve done this in the past.
Apply Through Our Website:We encourage you to submit your application directly through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at AIG Insurance
✨Know Your Delegated Authority Inside Out
Make sure you brush up on your knowledge of Delegated Authority practices, especially within the Lloyd's framework. Familiarise yourself with the specific processes and regulatory requirements that Talbot adheres to, as this will show your commitment and understanding of the role.
✨Showcase Your Stakeholder Management Skills
Prepare examples of how you've effectively managed relationships with various stakeholders in previous roles. Be ready to discuss how you can apply these skills at Talbot, particularly in liaising with Underwriters, Claims Adjusters, and Brokers.
✨Demonstrate Attention to Detail
Given the importance of accuracy in this role, be prepared to discuss how you ensure attention to detail in your work. You might even want to bring along a sample of your previous reports or analyses to illustrate your meticulous approach.
✨Be Ready to Present
Since you'll likely need to present at committee meetings, practice articulating your thoughts clearly and confidently. Consider preparing a brief presentation on a relevant topic to demonstrate your communication skills and ability to engage with senior management.
