At a Glance
- Tasks: Join a team transforming risk management and support onboarding new Coverholders.
- Company: Talbot and AIG, leaders in innovative insurance solutions.
- Benefits: Comprehensive benefits package focusing on health, wellbeing, and professional growth.
- Other info: Dynamic work environment with opportunities for career advancement.
- Why this job: Make a real impact in the insurance industry while developing your skills.
- Qualifications: Experience in Delegated Authority Practices and strong attention to detail.
The predicted salary is between 40000 - 50000 £ per year.
At Talbot and AIG, we are reimagining the way we help customers to manage risk. Join us as a Senior Delegated Authority Technician to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.
How you will create an impact:
- Work with Senior DA Analysts in the onboarding of new Coverholders and Delegated Claims Administrators.
- Review new business submissions to ensure proposals align with Talbot’s strategy and appetite, ensuring appropriate sign-offs are received if they do not.
- Work collaboratively with the Senior Claims Delegated Authority Technician to ensure Talbot’s compliance with its Claims Delegated Authority Framework and Lloyd’s Principles for doing business.
- Ongoing monitoring of Coverholder and DCA performance.
- Periodic due diligence reviews of Coverholders and Delegated Claims Administrators, in line with the relevant framework.
- Undertake reviews of Binding Authority Agreements and Delegated Claims Administrator contracts.
- Assist in the administration of Delegated Authority Audit Programme, including scheduling and scoping of audits and follow up of recommendations.
- Liaise with internal and external stakeholders including but not limited to Underwriters, Claims Adjusters, Brokers, External Auditors, Lloyd’s.
- Support the Product Governance process.
- Prepare committee packs and attend internal committee meetings where required.
- Escalation of Delegated Authority breaches to appropriate forums.
What you’ll need to succeed:
- Experience of Delegated Authority Practices, preferably at Lloyd’s.
- Excellent attention to detail.
- Excellent stakeholder management skills.
- Some knowledge of Conduct Risk and Product Oversight in insurance.
- Ability to manage workload, multi-task and work to tight deadlines.
- Proactive attitude and good problem solving skills.
Enjoy benefits that take care of what matters. At AIG, our people are our greatest asset. Our Total Rewards Program is a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security, as well as your professional development.
AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories. AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.
Delegated Authority Technician employer: Dormont Manufacturing Co
At Talbot and AIG, we pride ourselves on fostering a dynamic work environment that prioritises employee growth and well-being. As a Senior Delegated Authority Technician, you will benefit from our comprehensive Total Rewards Program, which supports your health, financial security, and professional development. Join us in London, where collaboration and innovation are at the heart of our culture, ensuring that every team member is valued and empowered to make a meaningful impact.
StudySmarter Expert Advice🤫
We think this is how you could land Delegated Authority Technician
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Dormont Manufacturing Co). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Dormont Manufacturing Co. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Delegated Authority Technician
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 Dormont Manufacturing Co.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Dormont Manufacturing Co. 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 Dormont Manufacturing Co
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Dormont Manufacturing Co to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
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 Dormont Manufacturing Co, 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 Dormont Manufacturing Co'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.
