Claims Delegated Authority Assistant
London - flexible hybrid working
Up to £55,000
A leading Reinsurance Group are seeking a Claims Delegated Authority Assistant to contribute towards the management of delegated claims, incorporating applicable regulatory requirements.
Key Responsibilities & Accountabilities:
- Onboarding of new and existing claims DA
- Creation of claims DA agreements
- Oversight of claims DA performance
- Claims DA reporting
- Claims DA system upkeep
- Supporting claims DA manager with any project work
- Supporting claims DA manager with claims DA auditsSupporting claims DA manager with maintaining oversight of claims DA loss funds
- Supporting claims DA manger with upkeep of Lloyd's and Group DA practices
- Drive good Conduct for the business to deliver the best outcomes for customers / policyholders
- Understand all appropriate lines of escalation and the responsibilities of the Product Conduct Risk Strategy Group (PCRSG), Underwriting & Claims Sub Committee (UCSC), ExCo and Board for Conduct Risk
You will need to be able to display you have the following qualifications and experience:
- Good knowledge and understanding of: Underlying Principles of Insurance, Legal Principles, FSA and rules and regulations, Lloyds regulations
- Good knowledge of claims delegated authorities
- Good knowledge of Lloyd's Standard Claims Reporting template
- Demonstrate growing understanding of the roles of colleagues and their relationships to the structure and business plans of the Firm
- Willingness to continue to develop knowledge of policies, underwriting and related issues through formal and informal learning, both internally and externally to the firm
- Be aware of the potential risks facing the business within own job role and the controls that are in place to mitigate them
- 1-2 years insurance experience
- MS Word, Excel, Outlook, PowerPoint, Project
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Claims Delegated Authority Assistant employer: Edenbrook Ltd.
Edenbrook Ltd. is an excellent employer, offering a dynamic work environment within the prestigious Lloyd's market. Employees benefit from a collaborative culture that prioritises professional growth and development, alongside flexible working arrangements that support work-life balance. With opportunities to engage with various departments and external stakeholders, this role promises meaningful contributions to governance while fostering career advancement in a supportive setting.
