Delegated Authority Engagement Associate
Delegated Authority Engagement Associate

Delegated Authority Engagement Associate

Full-Time 36000 - 60000 ÂŁ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Engage with the market and resolve delegated authority queries while ensuring compliance.
  • Company: Join Lloyd’s, the world’s leading insurance marketplace, committed to a braver future.
  • Benefits: Enjoy flexible working, generous pension, healthcare, and professional development support.
  • Why this job: Make a real impact in a dynamic environment focused on sustainability and inclusivity.
  • Qualifications: Strong communication skills and ability to analyse complex data are essential.
  • Other info: Be part of a diverse team that values your contributions and supports your growth.

The predicted salary is between 36000 - 60000 ÂŁ per year.

Lloyd’s is the world’s leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market’s brightest minds, working together for a braver world. Our role is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks. Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that’s more sustainable, resilient and inclusive, you’ll find a home at Lloyd’s – build a braver future with us.

The purpose of this market-facing role is to act as the front of house for engaging and resolving delegated market queries. The role is expected to apply a risk-based approach to decision‑making regarding third‑party approvals, audits, and general delegated authority matters. With Delegated Authority representing ~47% of the Lloyd’s market—nearly £30bn—it’s essential that we focus on the most material areas that pose the greatest risk to the market and our members.

Principal Accountabilities

  • Leading market engagement and resolution of all delegated authority‑related queries.
  • Liaising with key internal and external stakeholders to oversee attestations for third‑party approvals (Coverholders, DCAs) and changes to permissions, and processing these requests.
  • Managing workloads in line with operational KPIs, SLAs, and KRIs, identifying opportunities for service improvement, and handling complex or non‑standard cases.
  • Contributing to the ongoing development and maintenance of market guidance and best practices.
  • Proactively identify opportunities for operational efficiency—whether that’s work we can stop because it adds little value, work we can automate, or work we can outsource.
  • Supporting Delegated Oversight thematic reviews and deep dives.
  • Building strong, open, and transparent relationships with Managing Agents, Brokers, MGAs/Coverholders, DCAs, and Lloyd’s Delegated Authority Auditors to support effective oversight and information sharing.
  • Ensuring Lloyd’s Delegated Authority systems are kept up to date and that any system changes remain fit for purpose.
  • Acting as the first point of contact for Delegated Authorities at Lloyd’s, providing internal and external stakeholders with expert knowledge of Delegated Authority processes and best practices.
  • Supporting the identification and communication of Delegated Authority insights, ensuring the wider DA team shares relevant information with both internal and external stakeholders.
  • Acting as surge capacity to support Coverholder/MGA audits—coordinating audit activity.
  • Responding to ad hoc data requests from internal teams, the wider Corporation, and market participants, ensuring accuracy, relevance, and timely delivery.

Skills

  • Good written and verbal communication skills, with the ability to convey complex information clearly and appropriately to diverse audiences.
  • Skilled in critically evaluating complex and technical documents, quickly identifying key risks and areas requiring attention.
  • A dependable team player who can also manage a demanding workload independently and make sound decisions under pressure.
  • Proficient in analysing complex data sets to extract meaningful insights and support evidence-based decision‑making.
  • Comfortable making difficult decisions and escalating issues appropriately, applying a risk‑based approach to governance and approvals.
  • Strong interpersonal skills with the ability to build and maintain effective relationships at all levels, both internally and externally.

Diversity and inclusion are a focus for us – Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments, we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development.

We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes.

By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.

Delegated Authority Engagement Associate employer: Lloyd's

Lloyd's is an exceptional employer that champions a culture of bravery, collaboration, and integrity, making it an ideal place for those looking to make a meaningful impact in the insurance and reinsurance marketplace. With a strong commitment to diversity and inclusion, employees benefit from flexible working arrangements, comprehensive health and wellbeing programmes, and ample opportunities for professional development, all while being part of a team that drives innovation and resilience in the industry. Join us at Lloyd's, where your contributions will help shape a sustainable and inclusive future.
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Contact Detail:

Lloyd's Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Delegated Authority Engagement Associate

✨Tip Number 1

Network like a pro! Reach out to people in the industry, especially those at Lloyd’s. A friendly chat can open doors and give you insights that a job description just can't.

✨Tip Number 2

Prepare for interviews by practising common questions related to delegated authority and risk management. We want you to feel confident and ready to showcase your skills!

✨Tip Number 3

Showcase your problem-solving skills! Think of examples where you've tackled complex issues or improved processes. This is key for a role that focuses on operational efficiency.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed and shows you’re serious about joining the Lloyd’s team.

We think you need these skills to ace Delegated Authority Engagement Associate

Written Communication Skills
Verbal Communication Skills
Risk-Based Decision Making
Stakeholder Engagement
Data Analysis
Problem-Solving Skills
Interpersonal Skills
Workload Management
Operational Efficiency Identification
Audit Coordination
Complex Document Evaluation
Relationship Building
Adaptability
Team Collaboration

Some tips for your application 🫡

Show Your Passion: When writing your application, let your enthusiasm for the role shine through! We want to see how your values align with ours at Lloyd’s. Share why you’re excited about building a braver future with us.

Be Clear and Concise: Make sure your written application is easy to read. Use clear language and avoid jargon where possible. We appreciate straightforward communication, especially when it comes to complex topics like delegated authority.

Highlight Relevant Experience: Tailor your application to showcase your experience that relates directly to the role. Whether it’s managing queries or liaising with stakeholders, we want to see how your background makes you a great fit for this position.

Proofread Before Submitting: Take a moment to review your application for any typos or errors. A polished application reflects your attention to detail, which is crucial in our line of work. Remember, you can apply directly through our website!

How to prepare for a job interview at Lloyd's

✨Know Your Stuff

Make sure you understand the basics of delegated authority and how it fits into the insurance and reinsurance marketplace. Familiarise yourself with Lloyd’s values and how they relate to the role, as this will show your commitment to their mission.

✨Showcase Your Communication Skills

Since this role involves liaising with various stakeholders, practice articulating complex information clearly. Prepare examples of how you've effectively communicated in past roles, especially when resolving queries or managing relationships.

✨Demonstrate Problem-Solving Abilities

Be ready to discuss how you've approached complex cases in the past. Think about specific instances where you identified opportunities for improvement or made decisions under pressure, as these experiences will resonate well with the interviewers.

✨Emphasise Teamwork and Independence

This role requires a balance of being a dependable team player while also managing your workload independently. Prepare to share examples that highlight your ability to collaborate effectively and also take initiative when needed.

Delegated Authority Engagement Associate
Lloyd's
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  • Delegated Authority Engagement Associate

    Full-Time
    36000 - 60000 ÂŁ / year (est.)
  • L

    Lloyd's

    1000+
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