At a Glance
- Tasks: Support brokers in managing delegated underwriting arrangements and ensure smooth client experiences.
- Company: Join Price Forbes, part of The Ardonagh Group, known for its inclusive culture.
- Benefits: Enjoy flexible working, competitive salary, and perks like discounts and wellbeing programmes.
- Other info: Dynamic team environment with opportunities for growth and development.
- Why this job: Be a vital link in the London Market and make a real impact on client service.
- Qualifications: Experience in insurance operations and understanding of delegated underwriting processes.
The predicted salary is between 37800 - 46200 £ per year.
Location: London/Hybrid (Typically 2/3 days in the office)
Type: Full time – Permanent
At Price Forbes, we provide much more than just a workplace. We are dedicated to fostering skill development and knowledge within a team that is passionate about their work, values their Employees, and truly celebrates diversity. Working at Price Forbes means you’ll be part of The Ardonagh Group. We are proud of our innovative environment offering many opportunities for growth across the wider group. Employees regularly move between our united teams, and we encourage you to make your role your own. Our offices are lively and exciting places to be, but we understand that life needs flexibility, and offer a genuinely flexible approach to working.
If you are looking to join a thriving, energetic business with exciting plans, this role could be an ideal fit for you.
What we can offer:
- Inclusive culture with apprenticeships, study support, participation in our annual Spotlight Awards, Community Trust, Sports Teams, office socials, events and so much more.
- Supportive management team alongside some of the industry’s top talent.
- Access to wellbeing programs, fantastic discounts across many big-name businesses including supermarkets, gym memberships, restaurants, and healthcare cash plans.
- Employer pension contribution of 10% (providing you, the Employee provides 5%).
- Good work life balance - flexibility to suit you.
- Competitive salary.
- Life Assurance at X4 of your base salary.
- Group Income Protection.
- Generous Annual Leave entitlement.
- Private Medical Insurance.
- Group annual bonus scheme.
What you will do:
- Act as a daily point of contact for placing brokers on all delegated authority matters.
- Work closely with brokers during the placement and renewal of binders, providing support with documentation, onboarding, and coverholder engagement.
- Proactively liaise with Clients and TPAs to ensure a smooth operational experience.
- Support the delivery of client service standards through regular touchpoints, updates, and issue resolution.
- Assist brokers in the collation and completion of placement documentation.
- Track and manage outstanding items to allow brokers to focus on relationship and market-facing responsibilities.
- Coordinate internally with compliance, finance, and technical teams.
- Assist with new coverholder onboarding including due diligence, system setup, and introduction to processes.
- Ensure all binder arrangements are managed in line with FCA, Lloyd’s, and internal delegated authority requirements.
- Maintain accurate and up-to-date registers of all delegated authority agreements.
- Ensure all required documentation is logged, reviewed, and followed up appropriately.
- Assist with audit tracking and data collection.
- Receive and validate monthly bordereaux (BDX) submissions from Clients.
- Work with Clients to resolve data issues or discrepancies.
- Support reconciliation of data against expected underwriting performance or accounting schedules.
- Flag late submissions or data anomalies proactively.
- Support the monthly reporting process by preparing BDX summaries or assisting in the analysis of premium and claims data.
- Assist placing brokers with performance insights.
- Help prepare renewal packs and MI for internal and external distribution.
What you will bring:
- Strong understanding of delegated underwriting arrangements including binder structure, compliance, and reporting requirements.
- Working knowledge of Lloyd’s and London Market delegated authority processes.
- Understanding of TOBA agreements, coverholder onboarding, and audit protocols.
- Familiarity with bordereaux processing systems.
- Knowledge of placing support practices and broker-client servicing.
- Prior experience in an insurance operation, delegated underwriting, broker support, or technical processing role.
- Demonstrated experience working with BDX data and binder contracts.
- Exposure to Lloyd’s and/or company market binder business.
- Experience liaising directly with brokers and external stakeholders.
- Comfortable operating within a regulatory and compliance-focused environment.
Think you don’t meet every requirement? We are an equal opportunities Employer, dedicated to creating a diverse, inclusive, and authentic workplace where everyone can thrive. If you’re excited about this role, but your experience doesn’t perfectly match what we are looking for, please apply anyway.
Interview Process:
- Submit your application with your CV, emphasising your skills and experience related to the job.
- Our Talent Acquisition team will arrange a call to discuss the role and the team.
- If successful, you will generally be invited to engage in a 1-hour interview with the Hiring Manager and selected team members.
- Depending on the role, you may be invited to attend a second stage interview.
- We value the diversity of our teams and are committed to supporting individuals from all backgrounds.
If your application is successful, we will conduct relevant employment checks prior to you commencing employment with us.
DUA Account Handler - International PI in City of London employer: Ardonagh Specialty
Price Forbes is an exceptional employer, offering a dynamic work environment in London that fosters collaboration and innovation. With a strong emphasis on employee growth, you will have the opportunity to lead a talented technical team while enjoying the benefits of hybrid working. The company values work-life balance and provides unique advantages such as access to industry-leading resources and a supportive culture that encourages professional development.
StudySmarter Expert Advice🤫
We think this is how you could land DUA Account Handler - International PI in City of London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Ardonagh Specialty). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Ardonagh Specialty. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace DUA Account Handler - International PI in City of London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Ardonagh Specialty.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Ardonagh Specialty. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Ardonagh Specialty
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Ardonagh Specialty to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Ardonagh Specialty, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Ardonagh Specialty's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.