At a Glance
- Tasks: Support the DA Manager in enhancing processes and ensuring compliance within the Delegated Authority team.
- Company: Join Talbot, a leading insurance specialist under AIG, with a global presence.
- Benefits: Competitive salary, professional development, and opportunities for career growth.
- Why this job: Make a real impact in risk management while developing your skills in a dynamic environment.
- Qualifications: Experience in Delegated Authority Practices and knowledge of Lloyd’s processes required.
- Other info: Collaborative culture with opportunities to mentor and train others.
The predicted salary is between 36000 - 60000 £ per year.
At Talbot and AIG, we are reimagining the way we help customers to manage risk. Join us as a Senior Delegated Authority Analyst to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.
Talbot operates within the Lloyd's Insurance Market through Syndicate 1183, Syndicate 2019, Syndicate 2478 and Syndicate 2479. Part of AIG since 2018, Talbot is committed to working with brokers and clients to deliver industry leading solutions. It is headquartered in London with offices in New York and Singapore with more than 350 employees. With an expert team of highly skilled and experienced underwriters and a balanced, geographically diverse portfolio of business, Talbot has earned a reputation as an industry leading insurance and reinsurance specialist. Talbot writes a diversified portfolio including Crisis Management, Energy, Financial Lines, Marine, Political Risk, Property, Transport and Terrorism. Drawing on our deep industry expertise, Talbot develops tailored insurance solutions that address clients' evolving and often unique needs.
How you will create an impact
This is a senior role within the existing DA team to support the DA Manager. This includes, but is not limited to:
- Development work on current processes
- Development work within the bordereaux management processes
- Design improvement to current reporting
- On-boarding new Coverholders and Delegated Claims Administrators
- Reviewing new business submissions to ensure proposals align with Talbot’s strategy and appetite, ensuring appropriate sign-offs are received
- Work collaboratively with the Senior Claims Delegated Authority Analyst to ensure Talbot’s compliance with its Claims Delegated Authority Framework and Lloyd’s Principles for doing business
- Ongoing monitoring of Coverholder and DCA performance
- Periodic due diligence reviews of Coverholders and Delegated Claims Administrators, in line with the relevant framework
- Undertake reviews of Binding Authority Agreements and Delegated Claims Administrator contracts
- Assist in the administration of Delegated Authority Audit Programme, including scheduling and scoping of audits
- Analyse audit reports, agree recommendations with internal stakeholders and track recommendations through to completion
- Liaise with internal and external stakeholders including but not limited to Underwriters, Claims Adjusters, Brokers, External Auditors, Lloyd’s
- Support the Product Governance process
- Prepare committee packs and attend internal committee meetings where required; You may be expected to present at Committee Meetings when requested by either the Head of Underwriting Management or by the DA Manager
- Escalation of Delegated Authority breaches to appropriate forums
- Provide technical advice to internal stakeholders on Delegated Authority matters
- Develop and maintain effective relationships with Underwriters and other internal stakeholders
- Assist in the mentoring of other members of the DA team
- You will be expected to provide training throughout the business, with the support of the DA Manager, this will include Lineslip training with both internal and external requirements
What you’ll need to succeed
- Experience of Delegated Authority Practices, essential that there is significant knowledge of Lloyd’s processes/Regulatory requirements
- Excellent attention to detail
- Knowledge of Conduct Risk and Product Oversight
- Ability to manage workload, multi-task and work to tight deadlines
- Proactive attitude and good problem-solving skills
- Excellent communicator that has the ability to present to a Senior Management level
Ready to take your career to the next level? We would love to hear from you.
Senior Delegated Authority Analyst employer: Talbot Underwriting
Contact Detail:
Talbot Underwriting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Delegated Authority Analyst
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those at Talbot or AIG. LinkedIn is your best mate here; connect with current employees and engage with their posts. You never know who might give you a heads-up about an opportunity!
✨Tip Number 2
Prepare for interviews by diving deep into Talbot’s values and recent projects. Show us that you’re not just another candidate but someone who genuinely understands our mission in managing risk. Tailor your responses to reflect how your experience aligns with our goals.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you on our radar and shows your enthusiasm for the role. Plus, it’s a great chance to reiterate why you’re the perfect fit!
✨Tip Number 4
Apply through our website! It’s the most direct route to getting noticed. Make sure your application stands out by highlighting your relevant experience in Delegated Authority Practices and your understanding of Lloyd’s processes. We want to see what makes you unique!
We think you need these skills to ace Senior Delegated Authority Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience that align with the Senior Delegated Authority Analyst role. Highlight your knowledge of Lloyd’s processes and any relevant experience in Delegated Authority practices to catch our eye!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about the role and how your background makes you a perfect fit for Talbot. Don’t forget to mention your proactive attitude and problem-solving skills!
Showcase Your Communication Skills: As a Senior Analyst, you'll need to communicate effectively with various stakeholders. In your application, give examples of how you've successfully presented to senior management or collaborated with teams to demonstrate your communication prowess.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re serious about joining the Talbot team!
How to prepare for a job interview at Talbot Underwriting
✨Know Your Lloyd's Stuff
Make sure you brush up on your knowledge of Lloyd’s processes and regulatory requirements. Being able to discuss these confidently will show that you’re not just familiar with the industry, but that you’re ready to hit the ground running.
✨Showcase Your Attention to Detail
Prepare examples from your past work where your attention to detail made a significant impact. Whether it was reviewing contracts or managing reports, having specific instances ready will demonstrate your capability in this crucial area.
✨Be Ready to Problem-Solve
Think of a few scenarios where you faced challenges in Delegated Authority practices and how you overcame them. This will highlight your proactive attitude and problem-solving skills, which are essential for the role.
✨Practice Your Presentation Skills
Since you may need to present at committee meetings, practice explaining complex concepts clearly and concisely. This will help you feel more confident and ensure you can communicate effectively with senior management.