At a Glance
- Tasks: Support Underwriters and manage delegated authority governance and compliance.
- Company: Leading Lloyd's market insurer with a focus on growth and collaboration.
- Benefits: Competitive salary, hybrid working, and opportunities for mentorship.
- Other info: Mentorship opportunities and a supportive work environment.
- Why this job: Join a dynamic team and make a real impact in the insurance industry.
- Qualifications: 5+ years in Delegated Authority or Underwriting Operations with strong analytical skills.
The predicted salary is between 80000 - 80000 £ per year.
Overview
Senior Delegated Authority Analyst | £70,000 - £80,000 | London (Hybrid).
A leading Lloyd's market insurer is seeking an experienced Senior Delegated Authority Analyst to join their growing Delegated Authority team.
This role supports 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.
Qualifications / 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.
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StudySmarter Expert Advice🤫
We think this is how you could land Senior Delegated Authority Analyst
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Insight looking for candidates who are engaged and informed.
We think you need these skills to ace Senior Delegated Authority Analyst
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Insight. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Insight
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Insight’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
