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- Tasks: Support onboarding and management of Delegated Authority facilities in compliance with regulations.
- Company: International insurer with a friendly and positive team culture.
- Benefits: Opportunity to develop knowledge in insurance and work in a dynamic environment.
- Why this job: Join a supportive team and enhance your skills in the insurance industry.
- Qualifications: 2 years' experience in insurance or due diligence; bilingual preferred.
- Other info: Great career development opportunities in a collaborative setting.
The predicted salary is between 36000 - 60000 £ per year.
Overview
International insurer are seeking a Delegated Underwriting Analyst to join their team in the London office to support the Delegated Underwriting function which involves various activities across a Company and Lloyd’s platform. The fundamental mission of this individual is to support the onboarding due diligence and ongoing management of Delegated Authority (DA) facilities across the company ensuring business has been processed in compliance with regulatory minimum standards for Delegated Authorities, Processes and Procedures. The successful person will be one of the primary liaisons within the team with Underwriting and Claims on MGA/TPA Management.
Responsibilities
- Support onboarding due diligence and ongoing management of Delegated Authority facilities across the company to ensure business is processed in compliance with regulatory minimum standards for Delegated Authorities, Processes and Procedures.
Requirements
- Minimum of 2 years’ experience working within an Insurance Company or Lloyd’s Managing Agent
- Experience with reviewing MGA’s and/or TPA’s, alternatively from a due diligence background
- Experience of non-life, specialty insurance lines
- Bi-lingual in English and another European language such as French, Italian or German preferred
- The client will also consider those from a legal or claims background.
A great role where you will be able to continue developing your knowledge with Delegated Authorities and be part of a friendly and positive team.
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Delegated Underwriting Analyst – 12 month contract employer: Next Employment
Contact Detail:
Next Employment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Delegated Underwriting Analyst – 12 month contract
✨Tip Number 1
Network like a pro! Reach out to people in the insurance industry, especially those who work with Delegated Authorities. A friendly chat can open doors and give you insights that job descriptions just can't.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of MGA and TPA management. We want you to be able to discuss your experience confidently and show how you can support the onboarding due diligence process.
✨Tip Number 3
Don’t forget to showcase your language skills! If you're bi-lingual, make sure to highlight this in conversations. It’s a great way to stand out, especially in a diverse team environment.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Delegated Underwriting Analyst – 12 month contract
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Delegated Underwriting Analyst role. Highlight your experience in insurance, especially with MGA’s and TPA’s, and any relevant regulatory knowledge. We want to see how your background fits perfectly 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 this role and how your skills align with our needs. Don’t forget to mention your experience with non-life and specialty insurance lines – that’ll catch our eye!
Showcase Your Communication Skills: As a primary liaison within the team, strong communication is key. In your application, give examples of how you've effectively communicated with different teams or stakeholders in the past. We love seeing candidates who can bridge gaps and foster collaboration!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Next Employment
✨Know Your Stuff
Make sure you brush up on your knowledge of Delegated Authorities and the regulatory standards that come with them. Familiarise yourself with the company's processes and procedures, as well as any recent changes in the industry. This will show that you're not just interested in the role but also committed to understanding the bigger picture.
✨Showcase Your Experience
Be ready to discuss your previous experience in insurance or with MGAs/TPAs. Prepare specific examples of how you've handled due diligence or compliance tasks in the past. This will help demonstrate your capability and how you can add value to their team right from the start.
✨Ask Smart Questions
Prepare thoughtful questions about the company's approach to Delegated Underwriting and how they manage their relationships with MGAs and TPAs. This not only shows your interest in the role but also gives you insight into their operations and culture.
✨Language Skills Matter
If you’re bi-lingual, don’t forget to highlight this during the interview! Being able to communicate in another European language can be a significant asset in this role, so be prepared to discuss how your language skills could benefit the team and the company.
