At a Glance
- Tasks: Lead technical delivery and improvement of Delegated Authority activities with a hands-on approach.
- Company: Join Chaucer, a diverse and inclusive company committed to excellence.
- Benefits: Competitive salary, flexible working arrangements, and opportunities for professional growth.
- Other info: Collaborative team culture with a focus on continuous improvement.
- Why this job: Make a real impact in a dynamic environment while developing your skills.
- Qualifications: Experience in MGA/Coverholder roles 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 resource. 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.
Main duties
- 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.
- Compliance with FCA and PRA requirements (UK Regulator).
- Compliance with 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.
Relevant Experience
Essential
- 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.
Desirable
- DCOM and ATLAS knowledge.
- ACII (or working towards).
Personal skills
- Proactive and self‑motivated, with a strong sense of ownership.
- Comfortable operating in a hands‑on, delivery‑focused role.
- Strong technical problem‑solving capability.
- Able to balance competing priorities in a pressured environment.
- 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.
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 Technical Manager employer: Chaucer
Chaucer is an exceptional employer, offering a dynamic work environment in the heart of the insurance sector. With a strong commitment to employee development and a culture that values diversity and inclusion, we provide our team members with opportunities for growth and hands-on experience in managing complex delegated authority activities. Our focus on continuous improvement and regulatory compliance ensures that you will be part of a forward-thinking organisation that prioritises both professional excellence and meaningful contributions to the industry.
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.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Chaucer. 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
✨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 to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
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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, 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'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.