At a Glance
- Tasks: Lead technical delivery and oversight of Delegated Authority activities with a hands-on approach.
- Company: Join Chaucer, a global insurer with a diverse and inclusive culture.
- Benefits: Enjoy flexible hybrid work, extensive benefits, and wellbeing support.
- Other info: Opportunity for career growth and to work with a collaborative team.
- Why this job: Make a real impact in a dynamic environment while developing your skills.
- Qualifications: Experience in delegated arrangements and strong communication skills required.
The predicted salary is between 60000 - 75000 £ per year.
The successful candidate will play a key role in the technical delivery, oversight and continuous improvement of Delegated Authority activities performed by Coverholders and Delegated Claims Administrators (DCAs), Consortium agreements, Lineslips and Master/Group Policies. This is a hands‑on technical role, requiring strong expertise across delegated arrangements, combined with the ability to manage and develop junior resources.
The role will lead complex onboarding, due diligence and oversight activity, acting as a technical reference point for the team while maintaining direct involvement in delivery.
- Lead and execute Coverholder and DCA onboarding and due diligence, including sponsorships to Lloyd's and the Central Bank of Ireland (CBI).
- Support and manage renewal due diligence activity, ensuring high technical standards and consistency of approach.
- Take ownership of non-standard and complex delegated arrangements, including direct deals using Chaucer's in‑house broking (CSN) capability.
- Act as a technical lead on delegated arrangements, providing clear guidance to stakeholders and supporting resolution of complex issues.
- Execute and oversee all Master/Group Policy arrangements, ensuring they are correctly structured and compliant with regulatory requirements, working closely with the Head of Compliance.
- Oversee the DCOM binder registration process, ensuring timely creation and escalations where required.
- Ensure breaches and issues are identified, assessed and escalated appropriately, including adherence to the Lloyd's Third Party Material Issues (TPMI) process.
- Maintain regular engagement with key stakeholders across Underwriting, Compliance, Operations and Audit to resolve issues and provide technical direction.
- Support and deliver changes required to oversight as a result of regulatory or business developments, ensuring practical and effective implementation.
- Support the Delegated Authority Department in ensuring adherence to FCA, PRA, CBI and Lloyd's requirements for delegated business.
- Lead by example through hands‑on delivery, setting the standard for quality, accuracy and technical excellence across the team.
- Identify and implement practical process improvements to enhance efficiency, consistency and control across delegated oversight activities.
- Support the implementation of technology and process changes that enable more effective and efficient ways of working.
- Support the development of consistent and reliable management information, ensuring outputs support effective oversight and decision making (supporting responsibility, not core focus).
Regulatory responsibilities
To the extent directed, support the Group's responsibility in relation to following:
- Comply with all policies and procedures and ensure that due regard is paid to providing good customer outcomes and the fair treatment of customers.
- Compliance with Lloyd's Byelaws and Minimum standards, FCA and PRA requirements (UK Regulator), Central Bank of Ireland (Irish Regulator).
- Ensure that the principles of providing good customer outcomes and the fair treatment of customers are upheld by Agents and Service Providers.
Requirements
- MGA / Coverholder / Binder experience, ideally within a Syndicate / Managing Agent / Lloyd's environment.
- Strong understanding of Lloyd's Delegated Authority framework and regulatory requirements.
- Proven experience handling complex delegated arrangements and due diligence processes.
- Demonstrable ability to own and deliver technical work end‑to‑end, not just review or coordinate.
- Experience managing or supporting junior team members while remaining hands‑on in delivery.
- Strong communication and stakeholder management skills.
- DCOM and ATLAS knowledge.
- ACII (or working towards).
Personal skills
- Proactive and self‑motivated, with a good sense of ownership.
- Comfortable operating in a hands‑on, delivery‑focused role.
- Technical problem‑solving capability.
- Confident communicator with the ability to challenge and influence stakeholders.
- Excellent organisational skills and attention to detail.
- Collaborative team player, willing to support wider team objectives.
- Continuously seeks to improve processes and ways of working.
Why Join Chaucer?
Chaucer is a leading global insurer operating in both Lloyd's and company markets, helping industries worldwide manage risk from nuclear, shipping, manufacturing, and property. Headquartered in London, with offices in Copenhagen, Bermuda, Sydney, Ireland, Miami, Dubai, and Singapore, we are close to our clients wherever they are.
We offer:
- A flexible hybrid work model that supports individual and team needs.
- A diverse, inclusive culture that values people for who they are.
- Extensive, non‑contributory benefits, including medical, life, and pension cover, flexible holidays, and wellbeing support.
Delegated Authority Technical Manager employer: Chaucer Group
Chaucer is an exceptional employer, offering a dynamic work environment in the heart of London, where you can thrive as a Delegated Authority Technical Manager. With a flexible hybrid work model and a commitment to diversity and inclusion, we empower our employees to excel while providing extensive non-contributory benefits that prioritise your wellbeing. Join us to be part of a collaborative team that values technical excellence and supports your professional growth through hands-on experience and mentorship opportunities.
StudySmarter Expert Advice🤫
We think this is how you could land Delegated Authority Technical Manager
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We think you need these skills to ace Delegated Authority Technical Manager
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 Chaucer Group.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Chaucer Group. 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 Chaucer Group
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Chaucer Group 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 Chaucer Group, 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 Chaucer Group'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.