At a Glance
- Tasks: Support the DA Manager in enhancing processes and compliance within the Delegated Authority team.
- Company: Join Talbot, a leading insurance specialist within the Lloyd's Insurance Market.
- Benefits: Enjoy a comprehensive benefits package focused on health, wellbeing, and professional development.
- Other info: Embrace a culture of inclusion and continuous learning at AIG.
- Why this job: Make a real impact in transforming risk management with a dynamic and innovative team.
- Qualifications: Experience in Delegated Authority Practices and strong stakeholder management skills required.
The predicted salary is between 36000 - 60000 £ 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.
At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.
Enjoy benefits that take care of what matters. At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.
AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories. AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.
Senior Delegated Authority Analyst employer: AIG
AIG is an exceptional employer located in Manchester, offering a dynamic work environment that fosters professional growth and development within the Financial Lines sector. With a strong emphasis on employee wellbeing, AIG provides a comprehensive benefits package and encourages a culture of collaboration and innovation, making it an ideal place for those looking to make a meaningful impact in the field of cyber underwriting.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Delegated Authority Analyst
✨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 serious about joining the team at Talbot and AIG. Let’s get you that dream job!
We think you need these skills to ace Senior Delegated Authority Analyst
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 what we're looking for!
Showcase Your Attention to Detail:In a role like this, attention to detail is key. Use specific examples in your application that demonstrate your ability to manage complex information and ensure compliance with regulatory requirements.
Highlight Stakeholder Management Skills:We value excellent communication and stakeholder management skills. Be sure to include instances where you've successfully collaborated with various teams or presented to senior management.
Apply Through Our Website:Don't forget to submit your application through our website! It’s the best way for us to receive your details and get you into our system quickly. We can’t wait to hear from you!
How to prepare for a job interview at AIG
✨Know Your Lloyd's Stuff
Make sure you brush up on your knowledge of Lloyd’s processes and regulatory requirements. This role is all about Delegated Authority Practices, so being able to discuss these confidently will show that you're serious about the position.
✨Showcase Your Stakeholder Skills
Prepare examples of how you've effectively managed relationships with various stakeholders in the past. This could include Underwriters, Claims Adjusters, or Brokers. Being able to demonstrate your excellent communication skills will set you apart.
✨Be Ready to Problem-Solve
Think of a few scenarios where you've had to tackle complex problems or tight deadlines. The interviewers will want to see your proactive attitude and good problem-solving skills in action, so be ready to share your thought process.
✨Practice Your Presentation Skills
Since you may need to present at committee meetings, it’s a good idea to practice your presentation skills. Prepare a short presentation on a relevant topic and get comfortable speaking to senior management. This will help you feel more confident during the interview.