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For Companies At a Glance
- Tasks: Monitor Coverholders and brokers, ensuring best practices in delegated underwriting.
- Company: Join a leading Lloyd's Syndicate in the heart of London.
- Benefits: Enjoy a dynamic work environment with opportunities for professional growth.
- Why this job: Be part of impactful change projects and enhance your skills in a collaborative setting.
- Qualifications: Experience in DUA analysis and strong relationship management skills are essential.
- Other info: This role offers a chance to engage with diverse stakeholders and drive compliance initiatives.
The predicted salary is between 43200 - 72000 £ per year.
Currently working with a Lloyd’s Syndicate who are seeking a Senior DUA Analyst to join their team in London. This role involves monitoring and overseeing Coverholders, brokers, and TPAs, providing support for the implementation of best practices in delegated underwriting. You’ll also engage with stakeholders across the business and maintain strong relationships with customers, including Coverholders and brokers.
Key responsibilities include; approving new Coverholders, processing binding authority renewals, and reviewing lineslips. You’ll oversee audits, track recommendations, and assist with audit preparation.
Additionally, you will manage broker applications, TOBAs, and assist with offshore team management. You’ll play an active role in change projects, ensuring compliance with regulatory updates, and proposing improvements to systems and processes.
DUA Business Partner employer: Eames Consulting
Contact Detail:
Eames Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land DUA Business Partner
✨Tip Number 1
Familiarize yourself with the Lloyd's market and its specific practices. Understanding how Coverholders, brokers, and TPAs operate will give you a significant edge in discussions and interviews.
✨Tip Number 2
Network with professionals already working in the Lloyd's Syndicate space. Attend industry events or join relevant online forums to build connections that could lead to referrals or insider information about the role.
✨Tip Number 3
Stay updated on regulatory changes affecting delegated underwriting. Being knowledgeable about compliance issues will demonstrate your commitment to best practices and your proactive approach to the role.
✨Tip Number 4
Prepare to discuss your experience with audits and process improvements. Highlighting specific examples of how you've successfully managed similar tasks will showcase your suitability for the position.
We think you need these skills to ace DUA Business Partner
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly understand the responsibilities of a Senior DUA Analyst. Highlight your experience with Coverholders, brokers, and TPAs in your application.
Showcase Relevant Experience: Emphasize your previous roles that involved monitoring and overseeing delegated underwriting practices. Provide specific examples of how you've engaged with stakeholders and maintained strong relationships.
Highlight Compliance Knowledge: Since compliance with regulatory updates is crucial, mention any relevant experience you have in this area. Discuss how you've contributed to change projects or proposed improvements in past roles.
Tailor Your Application: Customize your CV and cover letter to reflect the key responsibilities mentioned in the job description. Use similar language to demonstrate your fit for the role and make it clear why you're the right candidate.
How to prepare for a job interview at Eames Consulting
✨Understand the Role
Make sure you have a clear understanding of the responsibilities of a Senior DUA Analyst. Familiarize yourself with terms like Coverholders, brokers, and TPAs, as well as the processes involved in delegated underwriting.
✨Showcase Your Stakeholder Management Skills
Prepare examples that demonstrate your ability to engage with stakeholders and maintain strong relationships. Highlight any previous experiences where you successfully managed customer interactions or collaborated with teams.
✨Be Ready to Discuss Compliance and Best Practices
Since the role involves ensuring compliance with regulatory updates, be prepared to discuss your knowledge of relevant regulations and how you've implemented best practices in previous roles.
✨Demonstrate Change Management Experience
The position requires involvement in change projects. Share specific instances where you contributed to process improvements or system enhancements, emphasizing your proactive approach to change management.
