At a Glance
- Tasks: Support Underwriters and manage delegated authority arrangements with a focus on governance and compliance.
- Company: Leading Lloyd's market insurer with a strong reputation in the industry.
- Benefits: Competitive salary, hybrid working, and opportunities for professional growth.
- Other info: Mentorship opportunities available for junior team members.
- Why this job: Join a dynamic team and make a significant impact in the Lloyd's market.
- Qualifications: 5+ years in Delegated Authority or Underwriting Operations with strong analytical skills.
The predicted salary is between 80000 - 80000 £ per year.
A leading Lloyd's market insurer is seeking an experienced Senior Delegated Authority Analyst to join their growing Delegated Authority team. This is an excellent opportunity for someone with strong Lloyd's market experience looking to play a key role in supporting delegated authority governance, oversight, and compliance across a broad portfolio of arrangements.
Responsibilities:
- Support Underwriters with the onboarding, due diligence, and ongoing monitoring of delegated authority arrangements, including Coverholders, Lineslips, Consortiums, and Delegated Claims Administrators (DCAs).
- Coordinate and manage the annual audit programme, ensuring timely completion of audits and follow-up actions.
- Produce governance reporting, KPIs, and performance insights for Underwriting and key business stakeholders.
- Support the review and administration of delegated authority arrangements in line with internal frameworks and Lloyd's requirements.
- Prepare regulatory and Lloyd's market returns, ensuring compliance with delegated authority standards.
- Build strong working relationships across Underwriting, Compliance, Operations, and other business functions.
- Support internal and external audit activity, delegated authority projects, and oversight of bordereaux management and EPI monitoring.
- Mentor and support junior members of the Delegated Authority team.
Skills:
- 5+ years' experience within Delegated Authority or Underwriting Operations in the Lloyd's or London Market.
- Strong understanding of delegated authority governance, due diligence, audits, and regulatory requirements.
- Excellent analytical, investigative, and problem-solving skills with exceptional attention to detail.
- Experience using Lloyd's delegated authority systems such as DCOM, DAM, Lineage, Atlas, Crystal, DDM, VIPR Intrali, or LWR.
- Advanced Excel and reporting skills.
- Excellent communication, organisation, and stakeholder management skills, with the ability to build relationships across the business.
- Previous experience mentoring or supporting junior colleagues would be advantageous.
Package:
£70,000 - £80,000 per annum
Hybrid working – 3 days in the office and 2 days from home.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Delegated Authority Analyst in Slough
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Insight Select. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Delegated Authority Analyst in Slough
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Insight Select.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Insight Select's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Insight Select
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Insight Select.
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Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Insight Select will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Insight Select employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
