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- Tasks: Join us as a Senior Delegated Authority Technician, managing delegated authority procedures and onboarding new cover holders.
- Company: Work with a global market leader in the insurance industry, known for innovation and growth.
- Benefits: Enjoy competitive pay, opportunities for professional development, and a collaborative work environment.
- Why this job: Make a real impact by supporting business growth and enhancing your skills in a dynamic setting.
- Qualifications: Experience with delegated authority procedures, strong analytical skills, and proficiency in Microsoft Office required.
- Other info: Ideal for those eager to advance their career in a fast-paced, supportive team.
The predicted salary is between 43200 - 72000 £ per year.
We are working with a global market leader, who are looking to hire a Senior Delegated Authority Technician, searching for someone who has experience with delegated authority procedures, ideally from Lloyds, being a valued team member who is eager to advance their knowledge and abilities. We need someone that is willing to make an impact to help grow the business, onboarding new cover holders and support the delegated claims administrators. You will also be able to take part in periodic due diligence reviews of Coverholders, in line with the relevant framework.In accordance with the applicable framework, we require someone who is eager to contribute to the expansion of the company by onboarding new Coverholders and participating in recurring due diligence evaluations of these parties. Furthermore, we need someone who can oversee continuous performance monitoring of DCAs and Coverholders, as well as review Delegated Claim contracts and Binding Authority Agreements.We are seeking someone who can effectively communicate, perform well under pressure, understand various regulatory frameworks, understand Conduct Risk and Product Oversight, and use tools such as Crystal to make informed decisions. Additionally, you must have strong analytical and report writing abilities and are familiar with Microsoft Office applications….
Senior Delegated Authority Technician employer: IPS Group
Contact Detail:
IPS Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Delegated Authority Technician
✨Tip Number 1
Familiarize yourself with the specific delegated authority procedures used in Lloyd's. Understanding these processes will not only help you stand out but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the insurance industry, especially those who have experience with delegated authority. Engaging with them can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Stay updated on the latest regulatory frameworks and conduct risk guidelines relevant to delegated authority. This knowledge will be crucial during interviews and will show your proactive approach.
✨Tip Number 4
Prepare to discuss your analytical skills and experiences with report writing. Be ready to share examples of how you've used these skills to make informed decisions in past roles.
We think you need these skills to ace Senior Delegated Authority Technician
Some tips for your application 🫡
Highlight Relevant Experience: Make sure to emphasize your experience with delegated authority procedures, especially if you have worked with Lloyds. Use specific examples to demonstrate your expertise and how it aligns with the job requirements.
Showcase Analytical Skills: Since strong analytical abilities are crucial for this role, include instances where you've successfully analyzed data or reports. Mention any tools you've used, like Crystal, to support your decision-making process.
Demonstrate Communication Skills: Effective communication is key in this position. Provide examples of how you've communicated complex information clearly and effectively, whether in writing or verbally, particularly in high-pressure situations.
Tailor Your Application: Customize your CV and cover letter to reflect the specific responsibilities mentioned in the job description. Address how you can contribute to onboarding new Coverholders and conducting due diligence reviews, showing your eagerness to make an impact.
How to prepare for a job interview at IPS Group
✨Showcase Your Experience with Delegated Authority Procedures
Be prepared to discuss your previous experience with delegated authority procedures, especially if it involves Lloyds. Highlight specific examples where you successfully onboarded cover holders or supported delegated claims administrators.
✨Demonstrate Your Analytical Skills
Since strong analytical abilities are crucial for this role, come ready to share instances where you've used data analysis to make informed decisions. Discuss any tools you've used, like Crystal, and how they helped you in your previous roles.
✨Understand Regulatory Frameworks
Familiarize yourself with the relevant regulatory frameworks and be ready to discuss how you've navigated these in past positions. This will show your understanding of Conduct Risk and Product Oversight, which are key aspects of the job.
✨Prepare for Situational Questions
Expect questions that assess how you perform under pressure. Prepare examples of challenging situations you've faced in previous roles and how you managed them, particularly in relation to monitoring performance and conducting due diligence reviews.
