At a Glance
- Tasks: Support Underwriters with delegated authority arrangements and performance reporting.
- Company: Leading Lloyd's market insurer with a collaborative team culture.
- Benefits: Competitive salary, hybrid working, and opportunities for career development.
- Other info: Dynamic role with strong potential for professional growth.
- Why this job: Join a supportive environment and grow your expertise in the Lloyd's market.
- Qualifications: Experience in Delegated Authority or Underwriting Operations is preferred.
The predicted salary is between 37500 - 37500 Β£ per year.
A leading Lloyd's market insurer is seeking a Delegated Authority Technician to join their growing Delegated Authority team. This is an excellent opportunity for someone with experience in Delegated Authority or Underwriting Operations who is looking to develop their career within a supportive, collaborative environment. The team are also open to ambitious, motivated candidates who are eager to learn and build their expertise within the Lloyd's market.
Responsibilities:
- Support Underwriters with the administration of new and existing delegated authority arrangements, including Coverholders, Binding Authorities, Lineslips, Consortiums and Delegated Claims Administrators (DCAs).
- Assist with due diligence, onboarding and ongoing monitoring of delegated authority partners.
- Support bordereaux management, EPI monitoring and resolution of bordereaux queries.
- Prepare performance reporting, KPIs and management information for Underwriting and key stakeholders.
- Coordinate audit planning and follow-up activities for Coverholders, MGAs and delegated authority partners.
- Assist with regulatory and Lloyd's market returns, ensuring delegated authority processes remain compliant.
- Build strong working relationships across Underwriting, Compliance and Operations teams.
- Provide administrative support for delegated authority projects, internal and external audits, and market initiatives.
Skills:
- Previous experience within Delegated Authority, Underwriting Operations, Technical Operations or a similar insurance support role.
- Lloyd's market or London Market insurance experience is highly desirable.
- Strong analytical skills with excellent attention to detail.
- Good organisational and time management skills with the ability to manage multiple priorities.
- Confident communicator with the ability to build relationships across the business.
- Strong Excel skills.
- Experience using Lloyd's delegated authority systems such as DCOM, DAM, Lineage, Atlas, Crystal, DDM or LWR would be advantageous but not essential.
- A proactive attitude with a genuine desire to learn and develop within Delegated Authority.
Package:
Β£35,000 - Β£40,000 per annum + Bonus Hybrid working β 3 days in the office and 2 days from home.
We think you need these skills to ace Delegated Authority Technician
Delegated Authority
Underwriting Operations
Technical Operations
Analytical Skills
Attention to Detail
Organisational Skills
Time Management