At a Glance
- Tasks: Support management of delegated authority business and ensure compliance with internal standards.
- Company: Join the Chaucer Group, a leader in the insurance market.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Great opportunity for career growth in a supportive team.
- Why this job: Make an impact in the insurance industry while developing your skills.
- Qualifications: Experience in Lloyd’s market and strong communication skills required.
The predicted salary is between 40000 - 50000 £ per year.
The DA Oversight Analyst will support the effective management and oversight of delegated authority business across Chaucer, covering both Lloyd’s syndicate and company market platforms. The role supports underwriting teams in ensuring full compliance with Chaucer’s internal standards and regulatory requirements. Strong stakeholder engagement—both internal and external—is essential to the success of the wider Delegated Authority Oversight function.
Job Description
- Complete onboarding due diligence reviews for new Coverholders to Chaucer, including new Coverholder sponsorships to Lloyd’s and Central Bank of Ireland (CBI).
- Perform renewal due diligence checks for existing Coverholders in line with Chaucer’s DA framework.
- Undertake Pre-Bind Quality Assurance checks for all new and renewing delegated authority business, including binding authorities, lineslips, consortia and master policy arrangements.
- Support the team in maintaining adherence to the control framework while meeting agreed SLAs and KPIs through accurate, timely and consistent delivery of tasks.
- Monitor and triage queries sent to the centralised team mailbox, responding to queries promptly and escalating where required.
- Manage endorsement requests, including any associated ATLAS tasks.
Regulatory Responsibilities
- Ensure all delegated arrangements comply with Lloyd’s, internal Chaucer standards, and relevant regulatory frameworks (e.g., FCA, CBI).
- Demonstrate a clear understanding of regulatory requirements relating to Delegated Authority, Conduct (including Consumer Duty), Compliance, and Financial Crime.
Skills and Competencies
- Lloyd’s / London Market experience
- Effective communication skills
- Advanced Microsoft skills – Word, Excel & PowerPoint
- Strong organisational and time management skills
- Experience and knowledge of Lloyd’s systems including Atlas, DCOM, LWR and Crystal+
Delegated Authority Oversight Analyst - Chaucer Group employer: Jobs via eFinancialCareers
Chaucer Group is an exceptional employer that prioritises employee development and fosters a collaborative work culture, making it an ideal place for those looking to grow in the insurance sector. With a strong focus on compliance and regulatory excellence, employees benefit from engaging with diverse stakeholders while enjoying comprehensive training and support tailored to enhance their skills. Located in the heart of London, Chaucer offers a dynamic environment where innovation meets tradition, ensuring that every team member plays a vital role in shaping the future of delegated authority oversight.
Contact Details:
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