DUA
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DUA

London Full-Time 40000 - 60000 £ / year (est.) No home office possible
Apply now
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At a Glance

  • Tasks: Support governance and compliance for Coverholders and Delegated Claims Administrators.
  • Company: Join a dynamic Specialty Insurance business known for its growth and innovation.
  • Benefits: Enjoy a competitive salary of £50,000 and a hybrid work model with 4 days in the office.
  • Why this job: Be part of a respected Syndicate during an exciting growth phase, enhancing your skills in underwriting.
  • Qualifications: 3-4 years in delegated underwriting or compliance; strong analytical and communication skills required.
  • Other info: Familiarity with Lloyd’s market systems is a plus; collaborative team environment.

The predicted salary is between 40000 - 60000 £ per year.

An exciting Specialty Insurance business is searching for a Delegated Underwriting Analyst to support the governance and oversight of their Coverholders and Delegated Claims Administrators (DCAs). In this role, you will review applications, manage due diligence, coordinate audits and ensure compliance with regulatory requirements while collaborating with teams across Underwriting, Compliance, Finance and Claims.

Key Responsibilities

  • Support delegated underwriting governance and regulatory compliance.
  • Review Coverholder applications, due diligence, and contracts.
  • Coordinate audits, review reports, and track recommendations.
  • Produce management reports and MI for internal stakeholders.
  • Maintain Lloyd’s market systems (Atlas, DCOM, DAM).
  • Work on projects and process improvements.

Desired Experience

  • Around 3-4 years of experience in delegated underwriting, compliance or risk governance.
  • Previous experience of working within the audit space within delegated underwriting.
  • A strong analytical, investigative and communicative personality.
  • An ability to work independently whilst collaborating with a team.
  • A familiar understanding of Lloyds market systems is a plus.

This is an excellent opportunity to join a well-respected Syndicate in what is an exciting period of growth.

DUA employer: Cornwallis Elt

Join a dynamic Specialty Insurance business in London, where you will thrive in a collaborative work culture that values innovation and professional growth. With competitive benefits, including a salary of £50,000 and the opportunity to work four days in the office, this role as a Delegated Underwriting Analyst offers a unique chance to engage with diverse teams while ensuring compliance and governance in a rapidly evolving industry. Embrace the potential for career advancement in a well-respected Syndicate during an exciting period of growth.
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Contact Detail:

Cornwallis Elt Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land DUA

✨Tip Number 1

Familiarise yourself with Lloyd's market systems like Atlas, DCOM, and DAM. Understanding these systems will not only help you in the role but also show us that you're proactive and knowledgeable about the tools we use.

✨Tip Number 2

Network with professionals in the delegated underwriting and compliance sectors. Attend industry events or join relevant online forums to connect with people who can provide insights and potentially refer you to opportunities within our company.

✨Tip Number 3

Brush up on your analytical and investigative skills. Since the role involves reviewing applications and coordinating audits, demonstrating your ability to analyse data and draw conclusions will set you apart from other candidates.

✨Tip Number 4

Showcase your collaborative spirit. In this role, you'll be working closely with various teams, so highlighting any past experiences where you've successfully collaborated on projects will demonstrate that you're a team player, which is crucial for us.

We think you need these skills to ace DUA

Delegated Underwriting Knowledge
Regulatory Compliance
Due Diligence Management
Audit Coordination
Analytical Skills
Investigative Skills
Communication Skills
Report Writing
Management Information (MI) Production
Lloyd's Market Systems Familiarity (Atlas, DCOM, DAM)
Project Management
Process Improvement
Team Collaboration
Independent Working

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in delegated underwriting, compliance, and risk governance. Use specific examples from your past roles that demonstrate your analytical and investigative skills.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention your familiarity with Lloyd's market systems and how your previous audit experience aligns with the responsibilities of the position.

Highlight Key Skills: Emphasise your ability to work independently while also collaborating effectively with teams. Showcase your communication skills and any experience you have in producing management reports or tracking recommendations.

Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail.

How to prepare for a job interview at Cornwallis Elt

✨Know Your Stuff

Make sure you have a solid understanding of delegated underwriting, compliance, and the specific responsibilities of the role. Brush up on your knowledge of Lloyd's market systems like Atlas, DCOM, and DAM, as this will show your preparedness and enthusiasm for the position.

✨Showcase Your Analytical Skills

Since the role requires strong analytical abilities, be ready to discuss examples from your past experience where you've successfully analysed data or reports. Highlight any instances where your investigative skills led to improvements or compliance in previous roles.

✨Prepare for Scenario Questions

Expect questions that assess how you would handle specific situations related to audits, due diligence, or compliance. Think through potential scenarios and how you would approach them, demonstrating your problem-solving skills and ability to work independently while collaborating with a team.

✨Ask Insightful Questions

At the end of the interview, have a few thoughtful questions prepared about the company's growth plans, team dynamics, or specific projects. This not only shows your interest in the role but also gives you a chance to gauge if the company is the right fit for you.

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