At a Glance
- Tasks: Lead the management of Delegated Authority framework and develop a team of analysts.
- Company: Dynamic company in the Lloyd's and London Market with a focus on innovation.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Collaborative environment with opportunities to build relationships across the industry.
- Why this job: Make an impact by overseeing delegated authority processes and improving governance.
- Qualifications: Strong experience in Delegated Authority and excellent stakeholder management skills.
The predicted salary is between 60000 - 80000 £ per year.
Key Responsibilities
- Leading the day to day management of the Delegated Authority framework across the business
- Managing and developing a team of Delegated Authority Analysts while acting as the technical referral point for complex queries
- Taking ownership of the onboarding and approval process for new delegated authority arrangements
- Developing and maintaining delegated authority governance processes, controls and procedures
- Managing the Coverholder audit programme including remediation activity and ongoing oversight
- Monitoring delegated authority performance, identifying areas of risk and supporting renewal or remediation decisions
- Producing high quality management information and reporting for senior governance committees
- Working closely with underwriting, operations, finance, compliance and risk teams to ensure effective oversight across the delegated portfolio
- Supporting process improvement initiatives, system enhancements and wider delegated authority projects
- Building strong relationships with brokers, Coverholders, Lloyd's and other external stakeholders while providing technical guidance across the business
Experience You'll Need
- Strong Delegated Authority experience gained within the Lloyd's or London Market
- Excellent understanding of delegated authority governance, Coverholder oversight and Lloyd's requirements
- Experience managing delegated authority onboarding, audits and ongoing oversight activities
- Strong stakeholder management skills with the ability to influence at all levels
- Experience producing management information and driving process improvements
- Knowledge of Lloyd's systems such as ATLAS, DCOM, DAM and related delegated authority platforms would be advantageous
StudySmarter Expert Advice🤫
We think this is how you could land DA Manager in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Arthur. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace DA Manager in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Arthur.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Arthur's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Arthur
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Arthur.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Arthur will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Arthur employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
