At a Glance
- Tasks: Manage binding authorities and conduct audits in the Lloyd's market.
- Company: Established London market insurer with a hybrid working model.
- Benefits: 12-month fixed term contract with a focus on diversity and inclusion.
- Other info: Collaborative environment with opportunities for professional growth.
- Why this job: Gain valuable experience in the Lloyd's market while making a real impact.
- Qualifications: Knowledge of Lloyd's market and experience in audit processes.
The predicted salary is between 36000 - 60000 £ per year.
Our client is a well established London market insurer. This role is a Fixed Term Contract for 12 months. The company have a hybrid working model. The successful candidate will have good knowledge of the Lloyd's market, Binding Authorities and Coverholder issues.
Responsibilities will include:
- Managing binding authorities and DCAs, specialising in operating the Delegated Authority audit processes, taking responsibility for analysis and audits, and ensuring that Coverholders and DCAs are operating appropriately.
- Embedding operational Risk Management in the processes, ensuring that business risks are identified and reported.
- Providing technical expertise to the business on all aspects of delegated authority business.
- Supporting the Audit Manager in the annual and quarterly review process for audit scheduling.
- Analysing and processing audit reports for both Coverholders and DCA.
- Scoping of audits for Coverholders and DCAs.
- Liaising with business and market stakeholders.
*Our client is committed to diversity in all of its forms and operates an inclusive recruitment process.*
Delegated Authority Audit Analyst in London employer: Insight Recruitment Solutions
Join a prestigious Lloyd's syndicate that values expertise and fosters a collaborative work environment. With a strong focus on employee development, you will have access to continuous learning opportunities and the chance to make a significant impact in the finance team. Located in the heart of London, this role offers not only competitive benefits but also the unique advantage of working within a dynamic and supportive culture that prioritises work-life balance.
Contact Details:
Insight Recruitment Solutions Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Delegated Authority Audit Analyst in London
✨Tip Number 1
Network like a pro! Reach out to folks in the Lloyd's market and let them know you're on the hunt for a role. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Brush up on your knowledge of Binding Authorities and Coverholder issues. Make sure you can chat confidently about these topics during interviews. We recommend preparing some examples from your past experience that showcase your expertise in managing audits and operational risk.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or use online platforms to get comfortable answering common questions. Focus on articulating how your skills align with the responsibilities of the Delegated Authority Audit Analyst role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re all about making the process as smooth as possible for you, so take advantage of our resources and support while you’re at it!
We think you need these skills to ace Delegated Authority Audit Analyst in London
Some tips for your application 🫡
Know Your Stuff:Make sure you highlight your knowledge of the Lloyd's market and Binding Authorities in your application. We want to see that you understand the ins and outs of the industry, so don’t hold back on showcasing your expertise!
Tailor Your Application:Don’t just send a generic CV and cover letter. We’re looking for candidates who can demonstrate how their skills and experiences align with the specific responsibilities of the Delegated Authority Audit Analyst role. Personalise your application to stand out!
Showcase Your Analytical Skills:Since the role involves a lot of analysis and audits, make sure to provide examples of your analytical skills in action. We want to see how you’ve tackled similar tasks in the past and what results you achieved.
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 and helps us keep track of all the amazing talent out there. Don’t miss out!
How to prepare for a job interview at Insight Recruitment Solutions
✨Know Your Lloyd's Market Stuff
Make sure you brush up on your knowledge of the Lloyd's market, Binding Authorities, and Coverholder issues. Being able to discuss these topics confidently will show that you're not just familiar with the jargon but understand how they impact the role.
✨Showcase Your Audit Skills
Prepare examples from your past experiences where you've managed audits or analysed reports. Be ready to explain your approach to ensuring compliance and how you've embedded operational risk management in your previous roles.
✨Engage with Stakeholders
Think about how you've liaised with various stakeholders in the past. Be prepared to discuss specific instances where your communication skills made a difference, especially in managing relationships with Coverholders and DCAs.
✨Ask Insightful Questions
Prepare thoughtful questions about the company's audit processes and their approach to risk management. This shows your genuine interest in the role and helps you assess if the company’s culture aligns with your values.
