At a Glance
- Tasks: Conduct audits for Lloyd’s Managing Agents and assess compliance with standards.
- Company: Join a specialist advisory firm in the insurance sector.
- Benefits: Hybrid work, competitive salary, and opportunities for professional growth.
- Other info: Collaborative environment with a focus on continuous learning and career advancement.
- Why this job: Make a real impact in the insurance industry while developing your skills.
- Qualifications: Experience in audit or compliance within the insurance market is preferred.
The predicted salary is between 40000 - 55000 £ per year.
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 requirements.
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 Coverholders/TPAs/DCAs and stakeholders, discussing recommendations 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.
Delegated Authority Auditor (Junior, Senior and Manager level) in London employer: Delegated Authority Advisory Limited
As a leading specialist advisory firm in the insurance sector, we pride ourselves on fostering a collaborative and inclusive work culture that values continuous learning and professional growth. Our hybrid working model allows for flexibility while engaging with prestigious clients in the Lloyd's market, providing unique opportunities to develop your skills and advance your career. Join us to be part of a dedicated team where your contributions are recognised and rewarded, and where you can make a meaningful impact in the industry.
Contact Details:
Delegated Authority Advisory Limited Recruitment Team
