Work alongside the Head of Delegated Underwriting in the review and oversight of delegated authority arrangements.
Assist in the delivery of Asta’s Delegated Underwriting Policy & Process and provide managed syndicates with assistance and guidance on Delegated Underwriting Matters.
Assist in the delivery of Asta’s Delegated Underwriting Policy & Process and provide managed syndicates with assistance and guidance on Delegated Underwriting Matters.
Key Responsibilities
- Review and approval of due diligence information and delegated authority contracts for DUA business written by Asta’s syndicates and managed MGAs.
- Coordination of coverholder audits in the DAM system. Review of audit reports and followup of audit recommendations with managed syndicates.
- Maintenance of records in the Asta DUA system
- Responsible for the production of reports and MI management information (MI) for internal meetings and regular syndicate meetings
- Administration of Atlas tasks, entry of new binders on the Delegated Contract and Oversight
Manager (DCOM), and Delegated Audit manager (DAM) audit scoping. - Assist the Head of DUA in the delivery of Asta’s delegated authority oversight strategy in line with Lloyd’s Minimum Standards.
Skills, Knowledge & Expertise
- Current and relevant experience in a delegated underwriting role.
- Good working knowledge of MS Office (or similar) programs, particularly Word and Excel
- A good understanding of Lloyd’s requirements for delegated underwriting arrangements
- Working knowledge of the structure and content of binding authority, lineslip and consortium agreements 5 Prior use of Lloyd’s systems including Atlas, DCOM, DAM, Crystal+ and Risk Locator.
Job Benefits
At Asta, you’ll enjoy a market-leading benefits package that puts your wellbeing, career development and financial future first. We combine flexible working, strong family-friendly policies and exceptional rewards to create a supportive, inclusive and high-performing workplace.
Our benefits include:
Work-life balance you can rely on
Work-life balance you can rely on
- 35-hour working week with hybrid and flexible working
- Generous holiday allowance that increases with service
Your health & wellbeing covered
- Private medical insurance with virtual GP access
- Annual health screening, dental cover and eye care
- Subsidised gym or sports club membership
Support for you and your family
- Enhanced maternity, paternity, adoption and shared parental pay
Rewarding your contribution
- Highly competitive pension with up to 13% employer contribution
- Life assurance and income protection
- Discretionary annual bonus scheme
- Interest-free season ticket loan and salary sacrifice schemes
Delegated Underwriting Analyst in London employer: Davies
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