Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Oversee and audit delegated authority agreements while preparing management information reports.
- Company: Join a leading Lloyd's Insurer in the heart of London.
- Benefits: Enjoy a dynamic work environment with opportunities for professional growth.
- Why this job: Be part of a collaborative team that drives impactful decisions in underwriting and claims.
- Qualifications: 3-5+ years of experience in Delegated Authority, Governance, and MI required.
- Other info: Engage in cross-functional projects and enhance your data control skills.
The predicted salary is between 36000 - 60000 £ per year.
I am currently recruiting for a leading Lloyd's Insurer who are seeking a Delegated Authority Analyst to join their growing team. My client is looking for someone with strong experience within DA, Governance and MI to support the wider Underwriting & Claims function of the business. You will be responsible for the day-to-day oversight, monitoring and auditing of DA arrangements and prepare MI data packs for relevant Underwriting/Claims processes. The ideal candidate will have 3-5+ years within this space.
Key Responsibilities
- Collaborates with underwriting and claims teams to prepare new and renewal delegated authority proposals for submission to the Delegated Underwriting and Product Oversight Group.
- Oversees the day-to-day management, monitoring, and auditing of delegated authority agreements, including issue resolution, escalation handling, reporting, logging, and governance oversight.
- Prepares management information (MI) reports and presentation packs for relevant underwriting and claims committees and working groups.
- Develops and produces data reports using Excel, including the design and generation of management information (MI).
- Contributes to initiatives aimed at enhancing MedPro's data control and staging environments.
- Tracks premium development in relation to Estimated Premium Income (EPI).
- Partners with underwriting, claims, and other Group entities to ensure timely receipt and quality assurance of bordereaux and financial data.
- Ensures all contract amendments directed by underwriting and claims are accurately reflected in binding authority agreements and other relevant contracts, working closely with Legal to escalate and resolve issues before implementation.
- Monitors contractual service level agreements (SLAs), including those with coverholders, and escalates non-compliance when necessary.
- Drafts and manages Letters of Authority for underwriting and claims, including monitoring compliance and identifying exceptions.
- Engages in broader business initiatives and cross-functional projects.
Delegated Authority Analyst - HFG employer: HFG
Contact Detail:
HFG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Delegated Authority Analyst - HFG
✨Tip Number 1
Familiarise yourself with the specific delegated authority frameworks and governance structures used in Lloyd's insurance. Understanding these will help you demonstrate your knowledge during interviews and show that you're ready to hit the ground running.
✨Tip Number 2
Network with professionals already working in delegated authority roles or within Lloyd's insurers. Attend industry events or join relevant online forums to gain insights and potentially get referrals that could boost your application.
✨Tip Number 3
Brush up on your Excel skills, particularly in data reporting and management information generation. Being able to showcase your proficiency in creating complex reports can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your experience with issue resolution and compliance monitoring in previous roles. Be ready to provide examples of how you've successfully managed similar responsibilities, as this will highlight your suitability for the position.
We think you need these skills to ace Delegated Authority Analyst - HFG
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in Delegated Authority, Governance, and Management Information (MI). Use specific examples from your past roles that demonstrate your skills in these areas.
Craft a Compelling Cover Letter: Write a cover letter that clearly outlines your interest in the role and how your background aligns with the responsibilities listed in the job description. Mention your experience with auditing and monitoring delegated authority agreements.
Highlight Technical Skills: Since the role requires proficiency in Excel for data reporting, be sure to mention any advanced Excel skills you possess. Include examples of how you've used Excel in previous roles to create reports or manage data.
Showcase Collaboration Experience: The position involves working closely with underwriting and claims teams. Provide examples in your application that demonstrate your ability to collaborate effectively across departments and contribute to team initiatives.
How to prepare for a job interview at HFG
✨Know Your Delegated Authority Inside Out
Make sure you have a solid understanding of delegated authority agreements and their importance in the insurance sector. Be prepared to discuss your previous experience with DA, governance, and MI, as this will show your expertise and relevance for the role.
✨Showcase Your Analytical Skills
Since the role involves preparing management information reports and data analysis, be ready to demonstrate your proficiency in Excel and any other analytical tools. Bring examples of reports you've created or data insights you've provided in past roles.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities, especially regarding issue resolution and escalation handling. Think of specific situations where you successfully managed challenges related to delegated authority agreements and how you approached them.
✨Understand the Company Culture
Research the Lloyd's Insurer and its values. Understanding their approach to underwriting and claims will help you align your answers with their expectations and demonstrate that you're a good fit for their team.
