At a Glance
- Tasks: Manage and oversee Delegated Underwriting Authority portfolio while ensuring compliance.
- Company: Dynamic insurance group with a collaborative and supportive culture.
- Benefits: Hybrid working, professional development, and exposure to various operational functions.
- Other info: Join a specialist team in a respected company located in the City.
- Why this job: Deepen your expertise in the Lloyd’s market and make a real impact.
- Qualifications: Experience with Lloyd’s Coverholders and strong organisational skills.
The predicted salary is between 40000 - 50000 £ per year.
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.
Analyst, Risk & Regulatory in 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 Analyst, Risk & Regulatory in 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
Prepare for interviews by brushing up on your knowledge of delegated authority processes and Lloyd’s systems. We recommend practising common interview questions and scenarios related to compliance and underwriting to show you’re the right fit for the team.
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Mention something specific from your conversation to remind them why you’re the perfect candidate for the role.
✨Tip Number 4
Apply through our website for the best chance at landing that DUA Analyst position. We’re all about making the application process smooth and straightforward, so don’t miss out on this fantastic opportunity!
We think you need these skills to ace Analyst, Risk & Regulatory in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the DUA Analyst role. Highlight your experience in the Lloyd’s market and any relevant skills that match the job description. We want to see how you can bring value to our team!
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 aligns with our needs. Keep it concise but engaging – we love a good story!
Showcase Your Attention to Detail: In the insurance world, details matter! Make sure your application is free from typos and errors. We appreciate candidates who take the time to present their best selves, so double-check everything before hitting send.
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’s super easy!
How to prepare for a job interview at Tower Street Insurance Recruitment Limited
✨Know Your Lloyd's Market Inside Out
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 potential employer that you're not just interested in the role but also understand the industry.
✨Prepare for Scenario-Based Questions
Expect questions that assess how you would handle specific situations related to Coverholder onboarding or compliance issues. Think of examples from your past experience where you successfully managed similar tasks, and be ready to discuss them in detail.
✨Showcase Your Organisational Skills
Since the role requires managing multiple priorities, be prepared to demonstrate your organisational skills. You could mention tools or methods you use to keep track of tasks and deadlines, which will highlight your ability to stay on top of things in a fast-paced environment.
✨Engage with Stakeholders
As a DUA Analyst, you'll need to communicate effectively with various teams. During the interview, practice articulating how you would approach collaboration with underwriting, compliance, and claims teams. This will showcase your confidence and ability to engage stakeholders at all levels.