Delegated Authority Technician

Delegated Authority Technician

Full-Time 40000 - 50000 £ / year (est.) No working from home possible
American International Group

At a Glance

  • Tasks: Join a dynamic team to manage risk and support innovative insurance solutions.
  • Company: AIG, a global leader in insurance with a collaborative culture.
  • Benefits: Comprehensive benefits package focusing on health, wellbeing, and professional development.
  • Other info: Inclusive culture that values diversity and fosters continuous learning.
  • Why this job: Make a real impact in the insurance industry while growing your skills.
  • Qualifications: Experience in Delegated Authority Practices and strong stakeholder management skills.

The predicted salary is between 40000 - 50000 £ per year.

At Talbot and AIG, we are reimagining the way we help customers to manage risk. Join us as a Senior Delegated Authority Technician to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.

Make your mark in Talbot

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

  • Work with Senior DA Analysts in the onboarding of 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 if they do not
  • Work collaboratively with the Senior Claims Delegated Authority Technician 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 and follow up of recommendations
  • 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
  • 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

What you’ll need to succeed

  • Experience of Delegated Authority Practices, preferably at Lloyd’s
  • Excellent attention to detail
  • Excellent stakeholder management skills
  • Some knowledge of Conduct Risk and Product Oversight in insurance
  • Ability to manage workload, multi-task and work to tight deadlines
  • Proactive attitude and good problem solving skills

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.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

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.

Delegated Authority Technician employer: American International Group

At Talbot, part of AIG, we pride ourselves on being an exceptional employer that values collaboration and professional growth. Located in the heart of London, our inclusive work culture fosters innovation and supports your career development through comprehensive benefits and continuous learning opportunities. Join us to make a meaningful impact in the insurance industry while enjoying a supportive environment that celebrates diversity and individual contributions.

American International Group

Contact Details:

American International Group Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Delegated Authority Technician

Tip Number 1

Network like a pro! Reach out to people in the industry, especially those at Talbot or AIG. A friendly chat can open doors and give you insights that a job description just can't.

Tip Number 2

Prepare for interviews by researching common questions for Delegated Authority Technicians. Practise your answers, but keep it natural. We want you to sound confident and knowledgeable!

Tip Number 3

Showcase your skills during the interview. Bring examples of how you've handled delegated authority practices or stakeholder management. Real-life stories make you memorable!

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 Technician

Delegated Authority Practices
Attention to Detail
Stakeholder Management
Conduct Risk Knowledge
Product Oversight Knowledge
Workload Management
Multi-tasking

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter for the Delegated Authority Technician role. Highlight your experience with Delegated Authority Practices and any relevant skills that match the job description. We want to see how you can make an impact at Talbot!

Showcase Your Attention to Detail:Since this role requires excellent attention to detail, don’t shy away from demonstrating this in your application. Use clear formatting, check for typos, and ensure your examples are precise. It’s all about making a great first impression!

Highlight Stakeholder Management Skills:The job involves liaising with various stakeholders, so be sure to mention any relevant experience you have in managing relationships. Share specific examples of how you've successfully collaborated with others in previous roles. We love teamwork!

Apply Through Our Website:We encourage you to apply directly through our website for the best chance of being noticed. It’s super easy and ensures your application goes straight to us. Don’t miss out on this opportunity to join our amazing team!

How to prepare for a job interview at American International Group

Know Your Delegated Authority Stuff

Make sure you brush up on your knowledge of Delegated Authority practices, especially within the Lloyd's market. Familiarise yourself with Talbot’s specific strategies and appetite for risk, as this will show that you're not just interested in the role but also understand how it fits into their overall business.

Show Off Your Attention to Detail

In this role, attention to detail is key. Prepare examples from your past experiences where your meticulous nature made a difference, whether it was in reviewing contracts or ensuring compliance with frameworks. This will help demonstrate your fit for the position.

Stakeholder Management is Crucial

Since you'll be liaising with various stakeholders, think about times when you've successfully managed relationships in previous roles. Be ready to discuss how you handle different personalities and ensure effective communication, as this will be vital in your new role.

Be Proactive and Problem-Solving Savvy

Prepare to discuss situations where you've taken the initiative to solve problems or improve processes. Talbot values a proactive attitude, so showcasing your ability to think on your feet and come up with solutions will definitely set you apart in the interview.