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- Tasks: Support the Delegated Authority Team with reports, audits, and data management.
- Company: Starr Insurance is a leading global insurance and investment organisation.
- Benefits: Enjoy first-class training, development opportunities, and a commitment to inclusivity.
- Why this job: Join a fast-growing company and develop your skills in a dynamic environment.
- Qualifications: Ideal for those with 1-2 years in General Insurance or recent graduates with strong attention to detail.
- Other info: We value diversity and are committed to creating an inclusive workplace.
The predicted salary is between 28800 - 43200 £ per year.
Delegated Authority Assistant page is loaded
Delegated Authority Assistant
Apply locations 30 Fenchurch Avenue, London, UK time type Full time posted on Posted 30+ Days Ago job requisition id JR3131
Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world.
Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.
Role Purpose
To provide the Delegated Authority Team support in relation to binding authorities business, Line slips, Consortium, Bordereaux and Coverholder Audits. The Delegated Authority Assistant will provide support to the Delegated Authority team in their day-to-day activities.
Responsibilities:
To manage the ‘Coverholder Tracker’ sheet, and Line slip Sheet for all accounts recorded. Assistance in the preparation of Coverholder, Line and Audit reports. Undertake line slip due diligence with training and guidance. Assistance with the monthly Delegated Authority Oversight Group Reports. Production of ad-hoc management information reports upon request. Assistance with the Bordereaux into VIPR Assistance with any Ad hoc Reporting request. Assistance with VIPR broker and Underwriter liaison. Immediately report any suspicion of financial crime to the Money Laundering Reporting Officer. Manage any potential conflicts of interest to avoid disrepute to the company’s integrity. Immediately advise Compliance of any complaints. Operate within the Company’s standards for Treating Customers Fairly. Timely and accurate information submitted for internal reports. Feedback from internal and external stakeholders on service delivery and knowledge of their specific business needs. High standards of accuracy and data integrity. Accuracy of file construction / binder construction.
Experience:
This is the perfect opportunity for a candidate who has 1 – 2 years’ experience in General Insurance or the London Market and is looking to attain CII qualifications, or a recent graduate / well-qualified school/college leaver. We are looking for a candidate who will have a high attention to detail, good at problem solving, be an excellent communicator and have advanced excel skills.
Starr is an equal opportunity employer, which means we\’ll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we\’re committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.
About Us
Starr Insurance is a global insurance and investment organization providing property and casualty insurance solutions to business and industry, and one of the fastest-growing insurance companies in the world. Our talented and experienced associates manage risk and ultimately support the profitable growth of organizations in a dynamic, competitive and ever-changing marketplace. Join us and become part of our talented and passionate workforce.
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Delegated Authority Assistant employer: Starr Companies
Contact Detail:
Starr Companies Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Delegated Authority Assistant
✨Tip Number 1
Familiarise yourself with the insurance industry, particularly the London Market. Understanding key terms and processes related to delegated authority will give you an edge in discussions during interviews.
✨Tip Number 2
Network with professionals in the insurance sector, especially those working in delegated authority roles. Attend industry events or join relevant online forums to make connections that could lead to valuable insights and potential referrals.
✨Tip Number 3
Brush up on your Excel skills, as advanced proficiency is a requirement for this role. Consider taking online courses or tutorials to enhance your data management capabilities, which will be crucial for tasks like managing the Coverholder Tracker.
✨Tip Number 4
Prepare to discuss your attention to detail and problem-solving skills in your interview. Think of specific examples from your past experiences where you demonstrated these abilities, as they are key attributes for the Delegated Authority Assistant position.
We think you need these skills to ace Delegated Authority Assistant
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to understand the responsibilities and requirements of the Delegated Authority Assistant position. Tailor your application to highlight relevant experience and skills that match what Starr Insurance Companies are looking for.
Highlight Relevant Experience: If you have 1-2 years of experience in General Insurance or the London Market, make sure to emphasise this in your CV and cover letter. Provide specific examples of your previous roles and how they relate to the tasks mentioned in the job description.
Showcase Your Skills: Mention your advanced Excel skills and any problem-solving abilities you possess. Use concrete examples to demonstrate your attention to detail and communication skills, as these are crucial for the role.
Craft a Strong Cover Letter: Write a compelling cover letter that not only introduces yourself but also explains why you are interested in the position and how you can contribute to the Delegated Authority Team. Make it personal and engaging to capture the hiring manager's attention.
How to prepare for a job interview at Starr Companies
✨Know Your Role
Familiarise yourself with the responsibilities of a Delegated Authority Assistant. Understand the key tasks such as managing the Coverholder Tracker and assisting with reports. This will help you demonstrate your knowledge and enthusiasm during the interview.
✨Highlight Relevant Experience
If you have 1-2 years of experience in General Insurance or the London Market, be sure to discuss this. Share specific examples of how your previous roles have prepared you for this position, especially any experience with data management or compliance.
✨Showcase Your Skills
Advanced Excel skills are crucial for this role. Be prepared to discuss your proficiency with Excel, including any specific functions or tools you are familiar with. If possible, bring examples of reports or analyses you've created in the past.
✨Demonstrate Attention to Detail
The job requires a high level of accuracy and data integrity. During the interview, provide examples of how you've ensured accuracy in your work. This could include double-checking data, following processes meticulously, or implementing checks to avoid errors.
