At a Glance
- Tasks: Support Delegated Authority and Broker Administration with documentation and data management.
- Company: Join Ryan Specialty, a leader in innovative insurance solutions.
- Benefits: Gain valuable experience, training, and a supportive work environment.
- Other info: Diverse and inclusive workplace with opportunities for growth.
- Why this job: Be part of a dynamic team making an impact in the insurance industry.
- Qualifications: Organised, detail-oriented, and eager to learn; no prior experience necessary.
The predicted salary is between 30000 - 40000 £ per year.
Position Summary: Ryan Specialty Underwriting Managers International Ltd (RSUMI) working with Ryan Specialty Capital Management Ltd (RSCM), London, as our internal broker tasked with Binding Authority placement activity for policies issued by Ryan Specialty MGU’s are seeking to recruit a Delegated Authority & Broker Administrator responsible for the effective and efficient Delegated Authority and Broker Administration, within our Internal Coverholder and Broker function. Location: London - UK - Fenchurch.
Responsibilities
Delegated Authority Support
- Maintain organised team documentation and shared resources across internal systems.
- File, manage, and ensure accuracy of all binding authority documentation within Ryan systems, including data entry for new and renewing agreements.
- Maintain trackers, ensuring data integrity and accessibility.
- Ensure all Lloyd’s system requirements and amendments are accurately entered into the online systems, including completion of annual compliance checks.
- Verify that signed and documented Letters of Authority are in place, authorising Ryan to underwrite all relevant classes of business.
- Support adherence to Ryan binding authority policies, standards, and procedures.
Broker Support
- Track outstanding information requests and proactively follow up with collaborators.
- Support the development of presentations, pitches, and marketing materials.
- Assist with meeting preparation, including materials, note-taking, and action tracking.
- Assist with data collection, validation, and analysis for submissions.
- Maintain accurate records and ensure consistency across reporting tools and systems.
Meetings & General Support
- Attend internal, MGU, and broker meetings and support with follow-up actions.
- Handle general ad hoc administrative and operational tasks as required.
Continuous Improvement
- Identify opportunities for process improvements and operational efficiencies.
- Support implementation of best practices across binding authority and broker workflows.
Skills and Attributes
- Proactive, highly organized with good administrative skills.
- Accurate and numerate with a keen eye for accuracy and detail.
- Strong working knowledge of MS Office (Excel).
- Confident communicator, both verbally and in writing, who can work collaboratively with diverse stakeholders.
- Motivational skills, team worker as well as working on own initiative.
- Ability to manage time, meet deadlines and prioritise.
- Curious and motivated to learn.
- Adaptable in a fast-paced, deadline-driven environment.
- Previous work experience and an understanding of Lloyd’s and Company Insurance markets are advantageous but not essential as full training will be given.
- Familiarity with Lloyd’s systems including Atlas, DCOM, DAM systems also favorable but not essential as full training will be given.
Equal Opportunity Employer
Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.
Delegated Authority and Broker Administrator employer: Ryan Specialty Corporate Services Limited
As a Senior Finance Business Partner in our London office, you will thrive in a dynamic and inclusive work culture that values collaboration and innovation. We offer competitive benefits, including professional development opportunities to enhance your skills and advance your career, while being part of a team that is committed to driving impactful financial strategies. Join us to make a meaningful contribution in a vibrant city known for its diverse business landscape.
Contact Details:
Ryan Specialty Corporate Services Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Delegated Authority and Broker Administrator
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We think you need these skills to ace Delegated Authority and Broker Administrator
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