Delegated Authority Technician

Delegated Authority Technician

Full-Time 35000 - 45000 £ / year (est.) Home office (partial)
High Finance (UK) Limited T/A HFG

At a Glance

  • Tasks: Process and manage premium transactions while collaborating with various teams.
  • Company: Join a dynamic Lloyd's Broking firm with a growing team.
  • Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
  • Other info: Build strong relationships and enhance your career in a supportive environment.
  • Why this job: Be part of a crucial role in the insurance industry and make a real impact.
  • Qualifications: 1-2 years in Lloyd's Delegated space with Atlas and DCOM experience.

The predicted salary is between 35000 - 45000 £ per year.

I am currently partnered with a Lloyd's Broking firm who are seeking a Delegated Authority Technician to join their small, growing team. Working closely with Broking, Operations and Delegated Authority teams, you will be responsible for the accurate processing and management of premium and binder-related activities across multiple classes of business.

My client is looking for someone with 1/2+ years in the Lloyd's Delegated space, and Atlas and DCOM experience is a must have for this position.

Key Responsibilities
  • Processing binder and delegated authority premium transactions
  • Reviewing and validating bordereaux submissions
  • Managing premium accounting activities in line with market requirements
  • Maintaining accurate records within DCOM and Atlas
  • Liaising with brokers, coverholders, MGAs and insurers regarding premium and technical queries
  • Assisting with month-end and reporting activities
  • Monitoring premium settlements and outstanding items
  • Supporting the wider operations and technical teams across multiple classes of business
  • Building strong working relationships with clients and market stakeholders
  • Attending client meetings where required
Skills Experience Required

Previous experience within a London-based Lloyd's environment is essential.

Delegated Authority Technician employer: High Finance (UK) Limited T/A HFG

As a Lloyd's Broker, our firm offers a dynamic and supportive work environment in London, where you can thrive as a Delegated Authority Technician. We prioritise employee growth through continuous training and development opportunities, fostering a culture of collaboration and innovation. With a focus on work-life balance and hybrid working options, we ensure that our team members feel valued and empowered to make a meaningful impact in the insurance industry.

High Finance (UK) Limited T/A HFG

Contact Details:

High Finance (UK) Limited T/A HFG Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Delegated Authority Technician

Tip Number 1

Network like a pro! Reach out to your connections in the Lloyd's space and let them know you're on the hunt for a Delegated Authority Technician role. You never know who might have the inside scoop on job openings or can put in a good word for you.

Tip Number 2

Get your LinkedIn game on point! Make sure your profile highlights your experience with Atlas and DCOM, as well as your skills in managing premium transactions. Engage with relevant content and connect with industry professionals to increase your visibility.

Tip Number 3

Prepare for interviews by brushing up on your knowledge of premium accounting activities and market requirements. Be ready to discuss how you've successfully managed similar tasks in the past, and don’t forget to showcase your ability to build strong relationships with clients and stakeholders.

Tip Number 4

Apply through our website! We’ve got loads of opportunities that might just be the perfect fit for you. Plus, applying directly shows your enthusiasm and commitment to joining the team.

We think you need these skills to ace Delegated Authority Technician

Premium Processing
Binder Management
Bordereaux Validation
Premium Accounting
DCOM Experience
Atlas Experience
Client Liaison

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Delegated Authority Technician role. Highlight your experience in the Lloyd's Delegated space and any relevant skills with Atlas and DCOM. We want to see how your background fits perfectly with what we're looking for!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your previous experiences have prepared you for it. We love seeing genuine enthusiasm, so let your personality come through!

Showcase Relevant Experience:When detailing your work history, focus on your experience with premium transactions and managing records within DCOM and Atlas. We’re keen to see how you've handled similar responsibilities in the past, so don’t hold back!

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re proactive and ready to take the next step with us!

How to prepare for a job interview at High Finance (UK) Limited T/A HFG

Know Your Stuff

Make sure you brush up on your knowledge of the Lloyd's Delegated space. Familiarise yourself with key terms and processes related to premium transactions, binder activities, and the specific software like Atlas and DCOM. This will show that you're not just a candidate, but someone who understands the industry.

Showcase Your Experience

Prepare to discuss your previous roles in detail, especially any relevant experience you have with premium accounting and managing bordereaux submissions. Use specific examples to illustrate how you've successfully handled similar tasks in the past, as this will demonstrate your capability for the role.

Build Rapport

Since this role involves liaising with various stakeholders, practice how you'll build relationships during the interview. Think about how you can convey your communication skills and ability to work collaboratively with brokers, coverholders, and MGAs. A friendly, approachable attitude goes a long way!

Prepare Questions

Have a few thoughtful questions ready to ask at the end of the interview. This could be about the team dynamics, the company's future plans, or specifics about the role. It shows your genuine interest and helps you assess if the company is the right fit for you.