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- Tasks: Manage Lloyd's Coverholder relationships and ensure compliance with delegated authority contracts.
- Company: Join a growing Lloyd's syndicate with a commitment to diversity and inclusion.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Why this job: Make a real impact in the insurance industry while collaborating with diverse teams.
- Qualifications: In-depth experience in managing Lloyd's Coverholder relationships and knowledge of DA systems.
- Other info: Dynamic work environment with a focus on teamwork and career development.
The predicted salary is between 48000 - 72000 £ per year.
An excellent opportunity for a DUA Analyst to join a growing Lloyd's syndicate to support the management of the DUA portfolio. You will have in-depth experience of managing Lloyd's Coverholder relationships and working knowledge of Lloyd's DA systems.
Key responsibilities will include:
- Carrying out due diligence to ensure delegated authority contracts are within risk appetite standards, meeting necessary requirements, including regulatory compliance.
- Contributing to the review of Binding Authority contracts on behalf of the Group's Lloyd's Coverholder and engaging with brokers.
- Effective due diligence and management of all aspects of new coverholder applications to Lloyd's.
- Assisting with the management of coverholder audits, contributing to the scheduling of relevant annual audits, and processing audit reports.
- Supporting the Underwriters regarding analysing bordereaux data.
- Collaborating with other internal teams including Underwriting, Operations, Finance, Compliance and Claims to resolve day-to-day queries.
- Collating relevant MI for internal meetings.
- Review and evidencing of compliance with relevant Lloyd's Principles.
*Our client is committed to diversity in all of its forms and operates an inclusive recruitment process.*
Senior Delegated Authority Analyst in London employer: Insight Recruitment Solutions Ltd
Contact Detail:
Insight Recruitment Solutions Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Delegated Authority Analyst in 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 friendly chat can sometimes lead to job openings that aren't even advertised.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of Lloyd's DA systems and Coverholder relationships. We want you to feel confident discussing your experience and how it aligns with the role of a Senior Delegated Authority Analyst.
✨Tip Number 3
Showcase your skills! Bring along examples of your past work, especially any due diligence or compliance projects you've handled. This will help you stand out and demonstrate your expertise in managing delegated authority contracts.
✨Tip Number 4
Don't forget to apply through our website! It's the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Senior Delegated Authority Analyst in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Delegated Authority Analyst role. Highlight your experience with Lloyd's Coverholder relationships and any relevant DUA systems you've worked with. We want to see how your background fits perfectly with what we're looking for!
Showcase Your Skills: In your cover letter, don’t just list your skills—show us how you’ve used them in real situations. Talk about your experience with due diligence and managing coverholder audits. We love seeing concrete examples that demonstrate your expertise!
Be Clear and Concise: When writing your application, keep it clear and to the point. Use straightforward language and avoid jargon unless it's specific to the industry. We appreciate a well-structured application that’s easy to read and understand.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Insight Recruitment Solutions Ltd
✨Know Your Lloyd's Stuff
Make sure you brush up on your knowledge of Lloyd's Coverholder relationships and DA systems. Familiarise yourself with the latest regulatory compliance requirements and be ready to discuss how you've managed these in past roles.
✨Showcase Your Due Diligence Skills
Prepare examples that highlight your experience in carrying out due diligence for delegated authority contracts. Be specific about how you ensured compliance and risk appetite standards were met, as this will demonstrate your attention to detail.
✨Collaboration is Key
Think of instances where you've worked with different teams like Underwriting, Operations, or Compliance. Be ready to share how you resolved queries and contributed to team success, as collaboration is crucial in this role.
✨Bring Data to Life
Since you'll be analysing bordereaux data, prepare to discuss how you've used data in previous roles. Bring examples of how your analysis led to actionable insights or improvements, showing that you can turn numbers into meaningful outcomes.
