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- Tasks: Coordinate due diligence and manage audits in the insurance sector.
- Company: PoloWorks is a values-driven company focused on growth in the insurance market.
- Benefits: Enjoy flexible hybrid working, private health insurance, and 25 days annual leave.
- Why this job: Join a supportive team and kickstart your career in a dynamic industry.
- Qualifications: Entry-level understanding of delegated authority; strong analytical and communication skills required.
- Other info: Access to volunteering days, employee discounts, and regular social events.
The predicted salary is between 24000 - 36000 £ per year.
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This range is provided by PoloWorks. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range
Department: Delegated Authority
Location: London
Compensation: £32,000 / year
Description
We’re excited to offer a fantastic opportunity for a Delegated Authority Analyst to join our growing Delegated Authority Practice at PoloWorks. This London-based role is perfect for a graduate with a passion for the insurance market or an early-career professional looking to take the next step in a supportive, values-driven environment.
Key Responsibilities
Co-ordinating Coverholder and Delegated Claim Administrator due diligence, ensuring that all files are complete and up to date.
Assisting with the co-ordination of external audits and managing the process through to closure of audit findings.
Liaising with insurers, Coverholders, audit firms and brokers to ensure that approvals and renewals are processed in line with SLAs.
The preparation of renewal slips and endorsements.
Production of reports and meeting packs.
Reviewing reports and chasing of outstanding queries.
Assisting with client proposals.
Ensuring all activities are completed in line with client expectations, regulatory requirements and best practices.
Skills, Knowledge & Expertise
An entry level understanding of delegated authority or Lloyd’s requirements.
System savvy, preferably with knowledge of market systems including Atlas, DCOM, DAM, DDM, Crystal and Risk Locator.
Attention to detail, excellent due diligence, and investigative skills.
Strong analytical, written and communication skills.
Excellent organisation and time management skills.
Strong interpersonal skills with the ability to communicate effectively with individuals at all levels of the business in a confident and professional manner.
Commitment to complete the Chartered Insurance Institute exams to a minimum of Certificate level.
Demonstrates behaviours aligned to the PoloWorks PRIDE values:
- Pioneering – we don’t stand still
- Responsible – We do the right thing
- Inclusive – we all play a role
- Delivery Focussed- we provide services we are proud of
- Empowering – we equip people to be their best
Job Benefits
As well as a competitive salary, discretionary annual bonus, and 25 days of annual leave (with the option to buy more), you will also get an excellent benefits package, including flexible, hybrid working, private health insurance, life assurance, income protection, enhanced pension contributions, and occupational maternity and paternity pay.
You will also have access to company volunteering days, an employee assistance programme with retail discounts and savings, a generous employee referral scheme, regular sports and social events, and free Cheltenham bus travel.
Seniority level
-
Seniority level
Not Applicable
Employment type
-
Employment type
Full-time
Job function
-
Job function
Business Development and Sales
-
Industries
Insurance
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Delegated Authority Analyst employer: PoloWorks
Contact Detail:
PoloWorks Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Delegated Authority Analyst
✨Tip Number 1
Familiarise yourself with the key systems mentioned in the job description, such as Atlas and DCOM. Having a basic understanding of these tools will not only boost your confidence but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the insurance industry, especially those who work with delegated authority. Engaging in conversations can provide you with valuable insights and may even lead to referrals that could enhance your application.
✨Tip Number 3
Showcase your analytical skills by preparing for potential interview questions that require problem-solving or data interpretation. Practising these scenarios can help you articulate your thought process clearly during interviews.
✨Tip Number 4
Research PoloWorks' PRIDE values and think about how your personal values align with theirs. Being able to discuss this alignment during your interview can set you apart as a candidate who fits well within their company culture.
We think you need these skills to ace Delegated Authority Analyst
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Delegated Authority Analyst position at PoloWorks. Understand the key responsibilities and required skills to tailor your application accordingly.
Highlight Relevant Experience: In your CV and cover letter, emphasise any relevant experience you have in the insurance market or related fields. Mention specific projects or roles that demonstrate your analytical skills and attention to detail.
Showcase Your Skills: Make sure to highlight your system knowledge, especially if you are familiar with market systems like Atlas or DCOM. Include examples of how you've used these skills in previous roles or projects.
Align with Company Values: PoloWorks values behaviours aligned with their PRIDE values. In your application, reflect on how you embody these values—Pioneering, Responsible, Inclusive, Delivery Focused, and Empowering—and provide examples from your past experiences.
How to prepare for a job interview at PoloWorks
✨Understand the Role
Make sure you have a solid grasp of what a Delegated Authority Analyst does. Familiarise yourself with key responsibilities like coordinating due diligence and managing audits, as well as the skills required, such as attention to detail and strong analytical abilities.
✨Research PoloWorks
Learn about PoloWorks' values and culture, especially their PRIDE values: Pioneering, Responsible, Inclusive, Delivery Focused, and Empowering. This will help you align your answers with what they value in their employees.
✨Prepare Questions
Have a few thoughtful questions ready to ask at the end of your interview. This shows your interest in the role and helps you determine if PoloWorks is the right fit for you. Consider asking about their approach to professional development or how they support employees pursuing Chartered Insurance Institute exams.
✨Showcase Your Skills
Be prepared to discuss your relevant skills and experiences, particularly those related to the insurance market and any systems knowledge you have. Use specific examples to demonstrate your analytical and communication skills, as these are crucial for the role.
