At a Glance
- Tasks: Manage Delegated Authority portfolios and support Underwriters with onboarding and compliance.
- Company: Join a leading Lloyd’s syndicate with a dynamic and inclusive culture.
- Benefits: Competitive salary, performance bonuses, and flexible hybrid working model.
- Why this job: Make a real impact in the insurance industry while developing your skills.
- Qualifications: Experience in Delegated Authorities and strong communication skills required.
- Other info: Embrace diversity and be part of a team that values collaboration and growth.
The predicted salary is between 36000 - 60000 £ per year.
Location: London
Contract Type: Permanent
Work Pattern: Full Time and Hybrid
About The Job
We are excited to offer a newly created role for an experienced DUA Analyst to join our dynamic and growing team. This is a fantastic opportunity to become part of a leading Lloyd’s syndicate, where your expertise will make a real impact. As a Delegated Underwriting Analyst, you will be responsible for ensuring that all forms of Delegated authority arrangements for MS Amlin follow the policies, procedures and processes of the Delegated Authority Framework and that a professional, efficient and effective service is provided at all times. You will support Underwriters in the growth of the delegated book by facilitating effective onboarding and renewal processes providing technical advice and identifying compliant solutions. Supporting the Delegated Authority Business Partners on actioning all delegated activities, as well as collaborating with internal SMEs, including but not limited to complaints and conduct teams to ensure alignment and regulatory compliance.
What You Will Spend Your Time Doing
- Assist with managing the Delegated Authority portfolio by:
- Completing onboarding due diligence for all new Coverholders including sponsorships to Lloyds
- Maintain ongoing due diligence for the life cycle of the Coverholder relationship and underlying contracts
- Conduct renewal due diligence for all existing binders, lineslips and consortia
- Complete Coverholder applications, class of business, branch offices and regional extensions for Coverholders and MSAUL service companies
- Support Underwriting and claims teams with delegated authority queries and approval processes including Mid Term changes
- Conduct technical risk assessment reviews, ensuring third parties meet required standards
- Perform pre and post bind reviews for binders, lineslip, master policies and consortia to ensure procedural and regulatory compliance
- Support outsourced resource working on delegated activities and other supporting administrative tasks
- Support the Delegated Authority Operations team in resolving bordereaux queries, third party audit report reviews and recommendation remediation
- Use Lloyds system including Atlas, DCOM, Crystal to support registration and compliance activities
- Timely escalation of any material issues identified to appropriate forums
- Supporting the wider DA Team as required
You’re Going To Enjoy This Job If You…
- Establish, maintain and enhance the day to day relationships with internal customers.
- Keep abreast of changes and proposed changes to delegated underwriting authority rules, best practice and guidance issued by regulators
- Take pride in the quality of your work and promote best practice at all times
- Enjoy providing a valuable service to the business by supporting underwriters through change
- Are not afraid to challenge the status quo and suggest improvements to frameworks and procedures
- Enjoy constantly learning and developing yourself
What We Need From You
- Experience in the London Delegated Authorities market.
- Sound knowledge of underwriting practice
- Good understanding of the regulatory binder control frameworks
- Ability to clearly and concisely communicate in writing and verbally
- High attention to detail with great pragmatism
We are stronger together because of our common interests and rich differences. You may be the strength we didn’t know we needed. Believe in yourself, and click apply today!
What Can You Expect From Us?
As well as a competitive base salary and performance related discretionary bonus, here is a link to our employee benefits - Benefits of working at MS Amlin | MS Amlin
Hybrid Working
At MS Amlin we operate a hybrid working model to empower our people with flexibility to blend where they work. We value collaboration and believe that we work better together, our teams typically do 3 days a week in the office.
About MS Amlin
MS Amlin is a leading (re)insurer and part of the global MSAD Group, with operations across Lloyd’s of London, the Middle East, and Asia Pacific. With over 120 years of experience, we support businesses facing complex and demanding risks, providing continuity in an uncertain world. Our expertise covers Property, Casualty, Marine, Crisis Management, Natural Resources and Reinsurance, backed by strong underwriting capabilities and deep sector knowledge. At the core of our claims service is TRUST - Transparency, Responsiveness, Understanding, Solution-driven thinking, and Technical expertise. This defines how we manage claims and build lasting relationships.
DE&I at MS Amlin
We will build a workplace where all talent is welcomed, and everyone has the opportunity to influence how the business works. We have dedicated employee resource groups that support our Diversity, Equity, and Inclusion (DE&I) goals. MS Amlin is proud to be one of the founding partners of Lloyd’s Inclusive Futures programme which aims to get more Black and ethnically diverse people into the insurance industry - supporting them all the way from the classroom to the boardroom.
DUA Analyst employer: MS Amlin
Contact Detail:
MS Amlin Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land DUA Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those already working at MS Amlin. A friendly chat can open doors and give you insider info that could help you stand out.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of the Delegated Authority Framework. Show us you know your stuff and can hit the ground running!
✨Tip Number 3
Don’t just wait for the job to come to you. Apply through our website and make sure to follow up. A little persistence goes a long way in showing your enthusiasm!
✨Tip Number 4
Be ready to discuss how you can contribute to our team’s success. Think about examples from your past experience that highlight your skills in underwriting and compliance.
We think you need these skills to ace DUA Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the DUA Analyst role. Highlight your experience in the London Delegated Authorities market and any relevant underwriting practices. We want to see how your skills align with what we’re looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about the role and how you can contribute to our team. Don’t forget to mention your attention to detail and ability to communicate clearly.
Showcase Your Experience: In your application, be sure to showcase your experience with onboarding due diligence and managing delegated authority portfolios. We love seeing specific examples of how you've tackled similar challenges in the past!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at MS Amlin
✨Know Your Stuff
Make sure you brush up on your knowledge of the London Delegated Authorities market and underwriting practices. Familiarise yourself with the regulatory binder control frameworks, as this will show that you're not just a candidate, but someone who understands the industry inside out.
✨Showcase Your Attention to Detail
As a DUA Analyst, attention to detail is crucial. Prepare examples from your past work where your meticulous nature made a difference. This could be anything from successful onboarding processes to ensuring compliance in complex situations.
✨Communicate Clearly
Practice articulating your thoughts clearly and concisely, both verbally and in writing. You might be asked to explain complex concepts or provide technical advice during the interview, so being able to communicate effectively will set you apart.
✨Be Ready to Challenge the Status Quo
The job description mentions a willingness to suggest improvements. Think of instances where you've identified inefficiencies and proposed solutions. This shows that you're proactive and ready to contribute positively to the team.