At a Glance
- Tasks: Manage delegated authority and ensure compliance with regulatory standards.
- Company: Leading specialty insurance business with a supportive team culture.
- Benefits: Competitive salary, professional development, and opportunities for impactful projects.
- Other info: Opportunity for career growth and involvement in transformative initiatives.
- Why this job: Join a respected team and make a difference in the insurance industry.
- Qualifications: Experience in delegated authority and strong analytical skills required.
The predicted salary is between 63000 - 77000 £ per year.
A leading specialty insurance business is seeking an experienced Delegated Authority professional to join its established delegated underwriting function.
Working closely with underwriting teams, senior stakeholders and external market participants, you will help ensure that coverholders, binding authorities and other facilities are managed effectively and in accordance with regulatory expectations, internal governance and commercial objectives.
Alongside business-as-usual delegated authority activity, the position offers meaningful involvement in projects, process improvement and wider transformation initiatives.
Provide advice and oversight in relation to facilities such as lineslips, consortium arrangements and master policies.
Partner closely with underwriting teams on delegated authority requirements, risks and operational matters.
Monitor the quality and consistency of work delivered across internal and outsourced teams.
Support the implementation of regulatory developments, new systems and business-wide change initiatives.
Promote consistency, collaboration and best practice across the wider business.
Good understanding of Lloyd’s, FCA and broader regulatory requirements relating to delegated underwriting.
The confidence and judgement to approve arrangements, manage risk and escalate issues appropriately.
Strong analytical skills, including the ability to identify trends, anomalies and areas of concern within data.
Excellent organisational skills and the ability to manage competing priorities with limited supervision.
This is an excellent opportunity to join a respected and supportive team with strong relationships across the underwriting business.
Performance Business Partner in City of London employer: Eames Consulting
Eames Consulting is an exceptional employer that fosters a collaborative and innovative work culture, ideal for actuaries looking to make a significant impact in portfolio management. With a strong emphasis on employee growth, we offer ample opportunities for professional development and mentorship, all while enjoying the vibrant atmosphere of London. Our competitive salary package and hybrid working model ensure a balanced and rewarding work experience.
StudySmarter Expert Advice🤫
We think this is how you could land Performance Business Partner in City of London
✨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 Eames Consulting). 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 Eames Consulting. 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 Performance Business Partner in City of London
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 Eames Consulting.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Eames Consulting. 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 Eames Consulting
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Eames Consulting 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 Eames Consulting, 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 Eames Consulting'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.
