New role in DA audit management which consists of 2/3 Coverholder and 1/3 DCA agreements, Assisting in analysis of audits, and ensuring that Coverholders and DCAs are operating appropriately.
• Supporting Audit Manager in the annual and quarterly review process for audit scheduling & preparation of the annual Coverholder and DCA audit plans.
• Analysing and processing audit reports for both Coverholders and DCAs, ensuring that issues are identified, followed up and escalated in accordance with DA Audit procedures.
• Communication with the business, and where relevant market stakeholders, to determine appropriate actions to be taken for each Coverholder and DCA.
• Assist with the monitoring the closure of audit assignments upon satisfactory conclusion, including but not limited to; participate in closing meetings, committee presentation, preparing high level documentation for discussion with and review by internal stakeholders.
• Scoping of audits for Coverholders and DCA’s on a quarterly or adhoc basis; including the agreement of audit fees in line with agreed procedures.
• Prepare, compile and submit monthly report of open and overdue audit recommendations to each underwriting division / team.
• Prepare and provide regular analysis and Management Information on audit plan progress,
You must have a solid understanding of DA processes within the Lloyds market. You may have come from a DA Claims role and want to move into DA Auditing or could be working as an auditor presently. You must be able to read and action Audit reports and act as a technical referral point.
The syndicate are going through a large transformation so your ability to support and work within change is essential.
Delegated Authority audit Analyst in Bedford employer: Next Employment Ltd
Join a dynamic and supportive team that values your growth and development in the HR field. With a strong focus on learning and performance, we offer comprehensive training opportunities and a collaborative work culture that encourages innovation and personal development. Located in a vibrant area, our company provides a unique environment where you can thrive and make a meaningful impact.
