Lloyds Delegated auditor - UK based in London
Lloyds Delegated auditor - UK based

Lloyds Delegated auditor - UK based in London

London Full-Time 36000 - 60000 £ / year (est.) Home office possible
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At a Glance

  • Tasks: Conduct underwriting and claims audits, ensuring high-quality reports for clients.
  • Company: Pro IS, Inc, a specialist in insurance and reinsurance consulting.
  • Benefits: Healthcare, life assurance, 25 days holiday, training support, and pension contributions.
  • Why this job: Join a dynamic team and make a real impact in the insurance industry.
  • Qualifications: Experience in Lloyd's delegated audits and strong report writing skills.
  • Other info: Hybrid working model with excellent career development opportunities.

The predicted salary is between 36000 - 60000 £ per year.

Pro IS, Inc has an exciting opportunity for an experienced Lloyd's/Delegated Authority Auditor to join our audit team. The candidate will undertake both underwriting and claims audits, ensuring high quality reports are generated that meet the client requirements. This role will be working on United States Audits but will be based remotely from the UK.

Responsibilities

  • Undertake underwriting, transactional, and claims audits in accordance with client scope requirements.
  • Liaise with Audit Administrator regarding audit preparations, preparedness of Coverholder/TPA, etc.
  • Review PAQ (Pre-Audit Questionnaire) responses and associated documentation, where appropriate draft follow-up questions (inquiries) that should be undertaken during on-site review and looping in senior team members (as necessary).
  • Coordinate delivery of project (audit) including liaising with clients to report any concerns or progress updates.
  • Undertaking pre audit, onsite, and post audit activities while communicating work plans to team members.
  • Allocating responsibility for scope parts; maintaining oversight of on-site work; chairing wrap-up meetings.
  • Write or supervise production of reports and appendices; if required (or if significant issues identified) prepare initial summary assessment of findings for client.
  • Communicate effectively with the various stakeholders in the project including team members.
  • Ensure weekly timesheet is completed accurately to enable effective monitoring of the audit's profitability.
  • Work with the peer reviewer to ensure high quality work product prior to releasing audit to client.

Experience and Qualifications

  • Knowledge and experience of using Lloyd's Coverholder & DCA (Delegated Claims Admin) audit scopes.
  • Strong report writing skills.
  • Analytical ability to draft and finalize reports, identify issues, and assess their importance.
  • Effective verbal and written communication with internal and external stakeholders.
  • Time management and prioritization skills.
  • Collaborate with team members with the ability to work independently.
  • Meticulous, precise, thorough, good at record keeping.
  • Proficiency in MS Office Suite; intermediate Excel, Word and PowerPoint skills, knowledge of Access beneficial.
  • Strong business and leadership presence.
  • Outcome focused, self-motivated, confident, and enthusiastic.
  • Diplomatic, cooperative, and collaborative in approach.

The Company

Pro is a specialist outsourcing and consulting company focused solely on the insurance and reinsurance industries. We work with clients to identify changes needed to improve their business processes, minimise operating overheads and implement the controls required to meet new regulations, delivering tailored solutions to meet clients' needs. Our UK offices are in Gloucester, Glasgow, Liverpool, Horsham and central London. We are also a global company with offices in the United States, Cologne and Unna (Germany) and Argentina. We also operate a hybrid working model so you can work at home and in the office. We provide expert support in the areas of underwriting, claims management, financial and technical accounting, and risk and auditing, utilising the best technology available on the market and adopting a proactive approach.

Pro Values

  • WE GET THINGS DONE: We commit concrete actions and do what we promise.
  • WE DO THE RIGHT THING: With integrity at the heart of every decision, we focus on what will add most value.
  • WE BRING NEW THINKING: We are curious, creative and insightful. We are not afraid to evolve.
  • WE ARE IN IT TOGETHER: We are inclusive. We help each other and our clients to shine.
  • WE ARE ENERGISED: We bring drive and enthusiasm to our work.

Benefits

  • Healthcare - For yourself (you can add family members on at additional cost).
  • Life assurance - death in service benefit equal to 4 times your salary.
  • Holiday - 25 days plus bank holidays and discretionary day off for your birthday.
  • Training & Development - in-house Learning and Development team to support you.
  • Employee referral scheme - Staff bonus for introducing a candidate that we employ as a result of that introduction.
  • Pension scheme - Company pension contribution up to 10%.

Lloyds Delegated auditor - UK based in London employer: PRO GLOBAL

Pro IS, Inc is an exceptional employer for those seeking a rewarding career in the insurance and reinsurance sectors. With a strong commitment to employee development, a hybrid working model, and a culture that values integrity and collaboration, we empower our team members to thrive both professionally and personally. Our competitive benefits package, including healthcare, generous holiday allowance, and a robust pension scheme, further enhances the appeal of joining our dynamic audit team based in the UK.
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Contact Detail:

PRO GLOBAL Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Lloyds Delegated auditor - UK based in London

✨Tip Number 1

Network like a pro! Reach out to your connections in the insurance and auditing sectors. You never know who might have a lead on a job or can put in a good word for you.

✨Tip Number 2

Prepare for interviews by researching the company and its values. Show them that you align with their mission and can bring new thinking to the table. We want to see your enthusiasm!

✨Tip Number 3

Practice your report writing skills. Since this role involves generating high-quality reports, being able to articulate your findings clearly will set you apart from other candidates.

✨Tip Number 4

Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us.

We think you need these skills to ace Lloyds Delegated auditor - UK based in London

Lloyd's Delegated Audits
Underwriting Audits
Claims Audits
Report Writing Skills
Analytical Ability
Effective Communication
Time Management
Prioritisation Skills
Collaboration
MS Office Suite Proficiency
Intermediate Excel Skills
Record Keeping
Self-Motivation
Leadership Presence
Diplomatic Approach

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience with Lloyd's delegated audits. We want to see how your skills match the job description, so don’t hold back on showcasing your relevant expertise!

Show Off Your Report Writing Skills: Since strong report writing is key for this role, include examples of reports you've written in the past. We love seeing how you can communicate findings clearly and effectively, so let your writing shine!

Be Clear and Concise: When filling out your application, keep it straightforward. We appreciate clarity, so avoid jargon and get straight to the point about your qualifications and experiences that relate to the role.

Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the position. We can’t wait to hear from you!

How to prepare for a job interview at PRO GLOBAL

✨Know Your Lloyd's Stuff

Make sure you brush up on your knowledge of Lloyd's Coverholder and DCA audit scopes. Familiarise yourself with the specific requirements for underwriting and claims audits, as this will show that you’re not just a good auditor but one who understands the nuances of the role.

✨Prepare Your Questions

Before the interview, draft some insightful questions based on the job description. Think about what you want to know regarding the audit processes and how they align with client expectations. This shows your interest and helps you gauge if the company is the right fit for you.

✨Showcase Your Report Writing Skills

Since strong report writing skills are crucial for this role, be ready to discuss examples of reports you've written in the past. Highlight how you identified issues and communicated findings effectively. If possible, bring a sample (keeping confidentiality in mind) to demonstrate your capabilities.

✨Demonstrate Team Collaboration

This role requires liaising with various stakeholders, so be prepared to share experiences where you successfully collaborated with team members or clients. Emphasise your ability to work independently while also being a team player, as this balance is key in audit environments.

Lloyds Delegated auditor - UK based in London
PRO GLOBAL
Location: London

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