At a Glance
- Tasks: Join a leading team to assess and oversee delegated underwriting projects.
- Company: Top player in the Lloyd's Market, known for innovation and excellence.
- Benefits: Competitive contract rate, professional development, and networking opportunities.
- Why this job: Make a significant impact in financial risk management within a prestigious market.
- Qualifications: Extensive underwriting experience and strong analytical skills required.
- Other info: Short-term contract with potential for future opportunities.
The predicted salary is between 72000 - 108000 £ 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 (UK) Limited
Contact Detail:
High Finance (UK) Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Delegated Underwriting Financial Risk Consultant - 3M Contract in City of London
✨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 lookout for opportunities. A personal recommendation can go a long way in landing that dream role.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of Lloyd's Principles and the regulatory landscape. Be ready to discuss how your experience aligns with the needs of the Financial Risk team and demonstrate your understanding of delegated underwriting.
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you've evaluated governance and risk management in previous roles. This will help you stand out as someone who can provide valuable insights to the team.
✨Tip Number 4
Don't forget to apply through our website! We make it easy for you to find and apply for roles that match your expertise. Plus, it shows you're serious about joining our team!
We think you need these skills to ace Delegated Underwriting Financial Risk Consultant - 3M Contract in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to highlight your experience in Delegated Underwriting and the Lloyd's Market. We want to see how your background aligns with the key responsibilities mentioned in the job description.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. We love seeing enthusiasm and a clear understanding of the Lloyd's Principles and regulatory risks involved in underwriting.
Showcase Your Analytical Skills: Since strong analytical capability is crucial for this role, make sure to include examples of how you've used data to inform decisions or improve processes in your previous roles. We want to see your thought process!
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity. We can’t wait to hear from you!
How to prepare for a job interview at High Finance (UK) Limited
✨Know Your Lloyd's Principles
Make sure you brush up on Lloyd's Principles and the regulatory risks involved in underwriting. Being able to discuss these principles confidently will show that you're not just familiar with the theory but can apply it practically in a delegated authority context.
✨Showcase Your Underwriting Experience
Prepare specific examples from your past roles where you've successfully managed delegated underwriting or overseen broker facilities. Highlighting your hands-on experience will demonstrate your capability and understanding of the role.
✨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 to back up your claims.
✨Communicate Clearly and Professionally
Practice articulating your thoughts clearly, especially when discussing complex topics like assurance reporting. Remember, you'll be communicating with senior stakeholders, so showcasing your excellent verbal and written communication skills is key.