At a Glance
- Tasks: Plan and conduct audits for Lloyd’s Managing Agents and assess compliance with standards.
- Company: Join a specialist advisory firm with a focus on collaboration and integrity.
- Benefits: Hybrid work model, professional development opportunities, and a supportive team environment.
- Other info: Great opportunity for career growth and continuous learning in a dynamic setting.
- Why this job: Make a real impact in the insurance industry while developing your auditing skills.
- Qualifications: Experience in delegated authority or audit within the insurance market is preferred.
The predicted salary is between 40000 - 55000 £ per year.
Role Description
This is a full-time hybrid role for Delegated Authority Auditors at Junior, Senior, and Manager levels.
Day-to-day, the role involves planning and conducting delegated authority audits / reviews for Lloyd’s Managing Agents, Global Risk Carriers and Insurers of their Coverholders, and TPAs / DCAs, assessing compliance with Lloyd’s Minimum Standards and internal client standards and requriements.
Auditors will analyse / review underwriting, claims, and operational processes / procedures, review bordereaux and MI reporting, and document findings in clear, structured reports.
Responsibilities include engaging with our Clients and Coverholder's / TPAs / DCAs and stakeholders, discussing recommendation and observations, and agreeing practical remediation actions and timelines.
Senior and Manager-level team members will also contribute to methodology development, supervise and coach Junior Auditors, support business development activities, and help enhance DA Advisory’s service offerings.
Qualifications
- Experience in delegated authority, compliance, or audit within the Lloyd’s or London insurance market, with understanding of Lloyd’s Minimum Standards and market governance frameworks.
- Knowledge of insurance operations such as underwriting, claims handling, bordereaux management, and regulatory reporting, ideally within a Managing Agent, Global Risk Carrier, Insurer, Coverholder, or TPA environment.
- Strong analytical and problem-solving skills, including the ability to interpret data, identify control gaps, and formulate practical, risk-based recommendations.
- Excellent written and verbal communication skills, with the ability to prepare clear audit reports, present findings, and build constructive relationships with stakeholders at different levels.
- High level of organisation and attention to detail, with capability to manage multiple assignments, meet deadlines, and work independently in a hybrid office/home environment.
- Professional qualifications or progress toward them (e. g., ACII, CII, CIA, or equivalent) and prior experience in risk, audit, or delegated authority roles are strongly beneficial.
- Demonstrated commitment to continuous learning, integrity, and a collaborative working style suitable for a small, specialist advisory firm.
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Contact Details:
Delegated Authority Advisory Limited Recruitment Team
