Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Manage a portfolio of Delegated Authority Contracts and support brokers on complex matters.
- Company: Reputable Lloyd's Broker known for its independent and respected approach.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity to lead strategic improvements and enhance your career in a supportive team.
- Why this job: Take ownership and make a real impact in the insurance industry.
- Qualifications: 3 years of Lloyd's experience and strong relationship-building skills.
The predicted salary is between 50000 - 65000 £ per year.
An independent and well-respected Lloyd's Broker is seeking an Account Manager within their Delegated Authorities Division. This exciting position includes taking ownership of a portfolio of Delegated Authority Contracts, acting as the key link between Producing Brokers, Clients, Underwriters and the Technical Ops teams.
Role Responsibilities
- Support Producing Brokers on complex broking matters, including renewal strategy, capacity discussions, pricing dynamics and syndicate relationship management.
- Participate in (and sometimes lead) client and underwriter meetings, representing the delegated authority function with authority and credibility.
- Lead the renewal process for delegated authority contracts within the portfolio, including early-stage planning, stakeholder coordination and delivery.
- Drive strategic renewal improvements such as coverage refinement, data enhancement, pricing quality, bordereaux accuracy and capacity retention.
- Serve as the second line of defence and the senior liaison between Producing Brokers and the Technical Operations.
- Ensure all delegated authority activities meet Lloyd’s, regulatory and internal governance standards.
- Own the resolution of complex exceptions, referrals and special acceptances.
- Conduct monthly or quarterly portfolio performance reviews with brokers, underwriters and clients to highlight trends, risks, and improvement actions.
- Act as a senior point of contact for client and Coverholder issues — ensuring timely, high-quality resolution of operational and technical matters.
- Support the Producing Broker in building and maintaining strong relationships with Coverholders, TPAs and carriers.
- Support new business opportunities by providing delegated authority expertise.
About You
- 3 years of Lloyd's of London Insurance experience with a solid understanding of Lloyd’s and Delegated Authority frameworks.
- Strong knowledge of Binders.
- Solid commercial awareness with the ability to support brokers on placement structure, renewal strategy, pricing considerations and capacity management.
- Skilled in navigating underwriter discussions and client interactions with confidence, authority and technical credibility.
- Excellent relationship-building skills with brokers, underwriters, Coverholders, TPAs and internal stakeholders.
- Confident communicator, able to present technical information in a clear, structured, and commercially relevant way.
- Comfortable acting as the senior escalation point for complex referrals, exceptions and performance issues.
- Competent in reviewing and interpreting bordereaux, performance MI, loss runs, aggregate reports and underwriting KPIs.
Delegated Authorities Account Manager employer: Nashrock Insurance Recruitment
Contact Detail:
Nashrock Insurance Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Delegated Authorities Account Manager
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals on LinkedIn or at events. We all know that sometimes it’s not just what you know, but who you know that can land you that dream role.
✨Tip Number 2
Prepare for those interviews by researching the company and its culture. We want you to walk in feeling confident and ready to showcase your skills, especially your understanding of Delegated Authority frameworks and how they apply to the role.
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or mentors to refine your answers. Focus on how you can support brokers and manage relationships effectively, as this is key for the Account Manager position.
✨Tip Number 4
Don’t forget to apply through our website! We’re always looking for talented individuals who can bring their expertise in Lloyd's and Delegated Authorities to our team. Your next big opportunity could be just a click away!
We think you need these skills to ace Delegated Authorities Account Manager
Some tips for your application 🫡
Show Your Understanding of the Role: Make sure to highlight your knowledge of Delegated Authority Contracts and how they fit into the Lloyd's framework. We want to see that you understand the nuances of the role and can bring valuable insights to the table.
Tailor Your Application: Don’t just send a generic CV and cover letter! We love it when applicants tailor their documents to reflect the specific skills and experiences that match the job description. Show us why you're the perfect fit for this Account Manager position.
Highlight Your Relationship-Building Skills: Since this role involves a lot of interaction with brokers, underwriters, and clients, make sure to showcase your relationship-building abilities. Share examples of how you've successfully managed these relationships in the past.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates during the process!
How to prepare for a job interview at Nashrock Insurance Recruitment
✨Know Your Stuff
Make sure you brush up on your knowledge of Lloyd's and Delegated Authority frameworks. Understand the key concepts around Binders and be ready to discuss how they relate to the role. This will show that you’re not just familiar with the basics, but that you can navigate complex broking matters with confidence.
✨Showcase Your Relationship Skills
Since this role involves a lot of interaction with Producing Brokers, Underwriters, and Clients, be prepared to share examples of how you've built and maintained strong relationships in the past. Highlight any specific instances where your communication skills made a difference in resolving issues or improving collaboration.
✨Prepare for Scenario Questions
Expect to face scenario-based questions that test your problem-solving abilities. Think about past experiences where you had to manage complex referrals or exceptions. Be ready to explain your thought process and the steps you took to achieve a successful outcome.
✨Demonstrate Strategic Thinking
This position requires driving strategic renewal improvements, so come prepared to discuss your approach to planning and executing renewal strategies. Share insights on how you’ve enhanced coverage, improved data quality, or managed pricing dynamics in previous roles. This will illustrate your ability to think critically and strategically.