At a Glance
- Tasks: Manage and oversee the Delegated Underwriting Authority portfolio in a dynamic insurance environment.
- Company: Join a respected insurance group with a collaborative and supportive culture.
- Benefits: Hybrid working, professional development, and exposure to various operational functions.
- Other info: Work in lovely offices in the City with excellent career growth opportunities.
- Why this job: Deepen your expertise in delegated authority while making a real impact in the Lloyd’s market.
- Qualifications: Experience with Lloyd’s Coverholders and strong understanding of delegated authority processes.
The predicted salary is between 40000 - 50000 £ per year.
Delegated Underwriting Authority (DUA) Analyst London (Hybrid) Insurance / Lloyd’s Market
We’re working with a dynamic and growing insurance group to hire a DUA Analyst to support the oversight and development of their Delegated Underwriting Authority portfolio across multiple trading platforms. This is a fantastic opportunity for someone with experience in the Lloyd’s market who’s looking to deepen their expertise in delegated authority and work closely with underwriting, compliance, and claims teams.
The Role
You’ll play a key role in the management, monitoring, and ongoing governance of the DUA portfolio, ensuring compliance with regulatory requirements and supporting the full lifecycle of Coverholder relationships.
Key Responsibilities
- Support the onboarding of new Coverholders, including due diligence and Lloyd’s sponsorship submissions
- Maintain ongoing and renewal due diligence across binders, lineslips, and consortia
- Assist with Coverholder applications, class of business updates, and regional/branch extensions
- Act as a point of contact for delegated authority queries, including mid-term changes
- Contribute to the lifecycle management of the delegated authority book
- Review Binding Authority agreements and liaise with brokers where required
- Support the coordination and follow-up of Coverholder audits and audit recommendations
- Maintain accurate records within delegated authority systems (e.g. Intarga)
- Monitor team inboxes and ensure timely communication across stakeholders
- Collaborate with Underwriting, Claims, Compliance, Finance, and Operations teams
- Assist with regular and ad hoc reporting
About You
- Experience working with Lloyd’s Coverholders and delegated authority processes
- Strong understanding of Lloyd’s DA systems (e.g. Atlas, DCOM, DAM, Wordings Repository, Crystal Plus)
- Highly organised with excellent attention to detail
- Able to manage multiple priorities and meet deadlines
- Confident communicator with the ability to engage stakeholders at all levels
- Proactive, self-sufficient, and collaborative in approach
Why Apply?
- Join a collaborative, specialist team within a respected insurance group
- Gain exposure across underwriting, compliance, and operational functions
- Opportunity to develop deep expertise in delegated authority within the Lloyd’s market
- Hybrid working and a supportive, professional environment
If you are interested in this interesting and varied role, and carry the necessary experience to join this fantastic company based in lovely offices in the City, please get in contact.
Delegated Underwriting Authority Analyst in City of London employer: Tower Street Insurance Recruitment Limited
Contact Detail:
Tower Street Insurance Recruitment Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Delegated Underwriting Authority Analyst in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the Lloyd’s market and let them know you’re on the hunt for a DUA Analyst role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Get your research game on! Familiarise yourself with the latest trends and regulations in delegated authority. This will not only boost your confidence but also give you some great talking points during interviews.
✨Tip Number 3
Practice makes perfect! Prepare for common interview questions related to underwriting and compliance. Role-play with a friend or use online resources to refine your answers and showcase your expertise.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got a fantastic platform where you can find the latest DUA Analyst roles. Plus, it shows you’re serious about joining our team and makes it easier for us to connect with you.
We think you need these skills to ace Delegated Underwriting Authority Analyst in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the DUA Analyst role. Highlight your experience with Lloyd’s Coverholders and any relevant systems like Atlas or DCOM. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about delegated authority and how your background makes you a great fit for our team. Keep it engaging and professional, just like the role!
Showcase Your Communication Skills: As a DUA Analyst, you'll be liaising with various teams. Make sure your application reflects your strong communication skills. Whether it's in your CV or cover letter, let us know how you engage with stakeholders at all levels.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates. Plus, it shows you're keen to join our team!
How to prepare for a job interview at Tower Street Insurance Recruitment Limited
✨Know Your Lloyd's Market Stuff
Make sure you brush up on your knowledge of the Lloyd’s market and delegated authority processes. Familiarise yourself with key terms and systems like Atlas and DCOM, as this will show your interviewer that you're not just interested in the role but also understand the industry.
✨Showcase Your Organisational Skills
Since the role requires excellent attention to detail and the ability to manage multiple priorities, prepare examples from your past experiences where you've successfully juggled tasks or maintained accurate records. This will demonstrate your capability to handle the responsibilities of the position.
✨Engage Stakeholders Like a Pro
As a DUA Analyst, you'll need to communicate effectively with various teams. Think of instances where you've collaborated with different departments or handled queries. Be ready to discuss how you approach stakeholder engagement and ensure timely communication.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills, especially regarding Coverholder audits or compliance issues. Prepare by thinking through potential scenarios you might face in the role and how you would address them, showcasing your proactive and collaborative approach.