At a Glance
- Tasks: Support management of delegated authority business and ensure compliance with internal standards.
- Company: Chaucer, a leading insurance group at Lloyd’s, committed to diversity and inclusion.
- Benefits: Flexible working arrangements, diverse workplace culture, and opportunities for career growth.
- Other info: Engage with stakeholders and develop your career in a supportive environment.
- Why this job: Join a dynamic team and make an impact in the insurance industry.
- Qualifications: Experience in Lloyd’s market, strong communication, and advanced Microsoft skills.
The predicted salary is between 40000 - 50000 € per year.
The DA Oversight Analyst will be responsible for supporting the effective management and oversight of delegated authority business across Chaucer, covering both Lloyd’s syndicate and company market platforms. The role supports underwriting teams in ensuring full compliance with Chaucer’s internal standards and regulatory requirements. Strong stakeholder engagement—both internal and external—is essential to the success of the wider Delegated Authority Oversight function.
Job Description
- Complete onboarding due diligence reviews for new Coverholders to Chaucer, including new Coverholder sponsorships to Lloyd’s and Central Bank of Ireland (CBI).
- Perform renewal due diligence checks for existing Coverholders in line with Chaucer’s DA framework.
- Undertake Pre-Bind Quality Assurance checks for all new and renewing delegated authority business; including binding authorities, lineslips, consortia and master policy arrangements.
- Support the team in maintaining adherence to the control framework while meeting agreed SLAs and KPIs through accurate, timely and consistent delivery of tasks.
- Monitor and triage queries sent to the centralised team mailbox, responding to queries promptly and escalating where required.
- Manage endorsement requests, including any associated ATLAS tasks.
Regulatory Responsibilities
- Ensure all delegated arrangements comply with Lloyd’s, internal Chaucer standards, and relevant regulatory frameworks (e.g., FCA, CBI).
- Demonstrate a clear understanding of regulatory requirements relating to Delegated Authority, Conduct (including Consumer Duty), Compliance, and Financial Crime.
Skills and Competencies
- Lloyd’s / London Market experience
- Effective communication skills
- Advanced Microsoft skills – Word, Excel & PowerPoint
- Strong organisational and time management skills
- Experience and knowledge of Lloyd’s systems including Atlas, DCOM, LWR and Crystal+
Chaucer is committed to diversity, actively values difference and respects people regardless of the protected characteristics which are outlined in the Equality Act 2010 (UK legislation) as a result of the Equal Treatment Directive 2006 (EU legislation). A diverse workforce and an inclusive workplace are core to our success as a business and integral to our winning strategy and culture. We recruit from the widest available pool of talent, and our hiring, assessment and selection process is fair, free from bias and one which ensures we select the right person for the job, based on merit. We are committed to promoting a culture that actively values difference, and recognises that everyone has the right to be treated with dignity and respect throughout their employment. We are open to considering flexible working arrangements for all roles and encourage you to outline your needs during the interview process.
Delegated Authority Oversight Analyst in London employer: Chaucer Underwriting Services
Chaucer is an exceptional employer, offering a dynamic work environment in the heart of London, where employees are empowered to thrive through strong stakeholder engagement and a commitment to compliance excellence. With a focus on diversity and inclusion, Chaucer fosters a culture that values individual contributions and promotes professional growth, ensuring that every team member has the opportunity to develop their skills and advance their career within the global insurance market.
Contact Detail:
Chaucer Underwriting Services Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Delegated Authority Oversight Analyst in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work at Chaucer or have connections there. A friendly chat can open doors and give you insights that might just help you land that interview.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of Lloyd’s and the regulatory frameworks mentioned in the job description. Show us you know your stuff and can hit the ground running!
✨Tip Number 3
Don’t forget to showcase your communication skills during the interview. We love candidates who can articulate their thoughts clearly and engage with stakeholders effectively—so practice makes perfect!
✨Tip Number 4
Finally, apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at Chaucer.
We think you need these skills to ace Delegated Authority Oversight Analyst in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Delegated Authority Oversight Analyst role. Highlight your Lloyd’s market experience and any relevant regulatory knowledge to catch our eye!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about the role and how your background aligns with Chaucer’s values. Don’t forget to mention your effective communication skills!
Showcase Your Organisational Skills:In this role, strong organisational and time management skills are key. Use your application to demonstrate how you've successfully managed multiple tasks or projects in the past. We love seeing real examples!
Apply Through Our Website:We encourage you to apply directly through our website for the best chance of success. It’s the easiest way for us to keep track of your application and ensure it gets the attention it deserves!
How to prepare for a job interview at Chaucer Underwriting Services
✨Know Your Regulatory Stuff
Make sure you brush up on the regulatory requirements related to Delegated Authority, especially those from Lloyd’s and the FCA. Being able to discuss these confidently will show that you understand the landscape and can navigate it effectively.
✨Showcase Your Stakeholder Skills
Prepare examples of how you've engaged with stakeholders in previous roles. Whether it's internal teams or external partners, demonstrating your communication and relationship-building skills will be key to showing you can thrive in this role.
✨Master the Tools of the Trade
Familiarise yourself with the systems mentioned in the job description, like Atlas and DCOM. If you can speak to your experience with these tools or similar ones, it’ll give you a leg up and show you’re ready to hit the ground running.
✨Be Organised and Timely
Since the role involves managing multiple tasks and adhering to SLAs, come prepared with examples of how you've successfully managed your time and organised your workload in the past. This will demonstrate your ability to handle the demands of the position.
