At a Glance
- Tasks: Join a leading team to assess and enhance delegated underwriting practices.
- Company: Top player in the Lloyd's Market, known for innovation and excellence.
- Benefits: Short-term contract with competitive pay and valuable industry experience.
- Why this job: Make a significant impact on financial risk management in a dynamic environment.
- Qualifications: Extensive underwriting experience and strong analytical skills required.
- Other info: Opportunity to work closely with senior stakeholders and develop your professional network.
The predicted salary is between 48000 - 72000 Β£ per year.
New Vacancy - Delegated Underwriting Financial Risk Specialist (C-Suite) - 3M Contract
Lloyd's Market City of London
I am currently partnered with a leading player in the Lloyd's Market who are seeking a Delegated Underwriting Specialist to join their Financial Risk team to help out on some project work on a short contract.
My client is looking for someone who has an extensive background in Underwriting Delegated/Binder business, and someone who is up to date on Lloyd's Principles and regulatory risk involved in Underwriting, and how it applies to Delegated Authority business.
Key Responsibilities- Proven underwriting background within the Lloyd's market, with direct experience of writing and overseeing Delegated Authority business, including broker facilities, binders, cover holders and TPAs.
- Strong practical understanding of how delegated underwriting operates, with the ability to assess oversight effectiveness from a practitioner perspective.
- Demonstrable knowledge of Lloyd's Principles-Based Oversight (PBO) framework and how it applies to Delegated Authority business.
- Experience operating at a senior level within underwriting, underwriting management, DA governance or assurance functions in a Lloyd's context.
- Ability to evaluate governance, control frameworks and risk management through a second line / assurance lens while grounded in real underwriting practice.
- Strong analytical capability, including review of underwriting MI, wider business outputs and performance measures to form evidence-based conclusions.
- Excellent written and verbal communication skills, with experience delivering clear, professional assurance reporting to senior stakeholders.
- Able to work as part of a team, apply sound judgement and deliver high-quality outputs within tight timelines.
Delegated Underwriting Financial Risk Consultant - 3M Contract in City of London employer: High Finance Limited
Contact Detail:
High Finance Limited Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Delegated Underwriting Financial Risk Consultant - 3M Contract in City of London
β¨Tip Number 1
Network like a pro! Reach out to your connections in the Lloyd's Market and let them know you're on the hunt for a Delegated Underwriting role. You never know who might have the inside scoop on opportunities or can put in a good word for you.
β¨Tip Number 2
Brush up on your knowledge of Lloyd's Principles and regulatory risks. Being well-versed in these areas will not only boost your confidence but also impress potential employers during interviews. Show them youβre the expert they need!
β¨Tip Number 3
Prepare for those tricky interview questions by practising your responses. Think about your past experiences with delegated authority business and how youβve tackled challenges. We want you to shine when it comes to showcasing your skills!
β¨Tip Number 4
Donβt forget to apply through our website! Itβs the best way to ensure your application gets noticed. Plus, weβre always looking for talented individuals like you to join our team in the Lloyd's Market.
We think you need these skills to ace Delegated Underwriting Financial Risk Consultant - 3M Contract in City of London
Some tips for your application π«‘
Tailor Your CV: Make sure your CV is tailored to the role of Delegated Underwriting Financial Risk Consultant. Highlight your experience in underwriting and any specific projects you've worked on that relate to delegated authority business. We want to see how your background aligns with what we're looking for!
Showcase Your Skills: In your cover letter, donβt just list your skillsβshow us how youβve used them in real situations. Talk about your analytical capabilities and how you've delivered assurance reporting to senior stakeholders. We love seeing concrete examples that demonstrate your expertise!
Be Clear and Concise: When writing your application, clarity is key! Use straightforward language and avoid jargon unless itβs relevant to the role. We appreciate a well-structured application that gets straight to the point while still showcasing your personality.
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It helps us keep track of applications and ensures youβre considered for the role. Plus, itβs super easy to doβjust follow the prompts!
How to prepare for a job interview at High Finance Limited
β¨Know Your Lloyd's Principles
Make sure you brush up on the Lloyd's Principles and how they apply to Delegated Authority business. Being able to discuss these principles confidently will show that you're not just familiar with the theory, but that you understand their practical implications in underwriting.
β¨Showcase Your Underwriting Experience
Prepare specific examples from your past roles where you've successfully managed Delegated Authority business. Highlight your experience with broker facilities, binders, and cover holders, as this will demonstrate your hands-on knowledge and ability to oversee these processes effectively.
β¨Demonstrate Analytical Skills
Be ready to discuss how you've used analytical skills to evaluate governance and control frameworks in previous positions. Bring along examples of how you've reviewed underwriting MI and made evidence-based conclusions, as this will showcase your ability to think critically and provide valuable insights.
β¨Communicate Clearly and Professionally
Since excellent communication is key for this role, practice articulating your thoughts clearly and professionally. Prepare to discuss how you've delivered assurance reporting to senior stakeholders in the past, as this will highlight your ability to convey complex information effectively.