Senior Delegated Authority Analyst

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.

Welcome to a culture of inclusion

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

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.

Functional Area: UW - Underwriting

Location: London

Type: Full time