At a Glance
- Tasks: Act as a key contact for delegated underwriting, conducting reviews and managing audits.
- Company: Leading global speciality insurer known for innovation and employee development.
- Benefits: Competitive salary, comprehensive benefits, and strong professional growth opportunities.
- Other info: Collaborative culture with excellent career progression potential.
- Why this job: Join a dynamic team and make an impact in the insurance industry.
- Qualifications: Strong analytical skills, attention to detail, and experience in delegated authority or compliance.
The predicted salary is between 60000 - 75000 £ per year.
Your new company is a leading global speciality insurer seeking a Senior Delegated Authority Analyst to join its Delegated Authority function. The organisation is well regarded for its financial strength, specialist underwriting expertise, and commitment to innovation, customer service, and employee development. It operates in a dynamic market environment and continues to grow, offering a collaborative culture and strong professional development opportunities.
Your new role involves acting as a central point of contact for all matters relating to delegated underwriting arrangements. You will be responsible for conducting due diligence reviews for new and renewing delegated authority agreements, working closely with internal stakeholders throughout the approval process. Additionally, you will manage the annual audit schedule, which includes scoping and arranging audits, reviewing reports, discussing findings with relevant teams, and ensuring that recommendations are implemented in a timely manner.
You will review new and renewing lineslips and master policies to ensure compliance with internal standards while supporting the maintenance of the CRM system to ensure accurate and up-to-date records of all third-party relationships. The role involves conducting quality control reviews of work completed by other Senior Analysts and identifying any training needs. You will develop an understanding of the company's various divisions and classes of business to provide cover and support when required.
Furthermore, you will assist in reviewing and maintaining policies and procedures relating to third-party oversight and support the preparation of quarterly reports for internal management committees. You will attend market forums and stay informed on regulatory and Lloyd's market developments. The role also includes providing guidance and training to internal teams on delegated underwriting and regulatory requirements, supporting internal audit reviews, completing ad hoc compliance tasks, and building strong working relationships with business units and the Lloyd's Delegated Authority Team.
What you'll need to succeed:
- Strong attention to detail and excellent due diligence and investigative skills.
- A highly analytical mindset, strong written and verbal communication abilities, and confidence to engage effectively with stakeholders at all levels.
- Strong organisational and time-management skills, along with the ability to work independently and proactively.
- IT literate with experience in delegated authority or compliance within an insurance environment.
- Experience within the Lloyd's Delegated Authority market and familiarity with systems such as Atlas, DCOM, and DAM would be advantageous.
What you'll get in return:
You will be joining a successful and growing organisation that offers a competitive salary and a comprehensive benefits package. The company promotes a supportive and collaborative culture, with a strong focus on professional development and long-term career progression.
Senior Analyst - Delegated Underwriting. Job in London LilyLifestyle Jobs employer: United Cerebral Palsy of Georgia
As a leading global speciality insurer, this company stands out as an excellent employer due to its commitment to innovation, employee development, and a collaborative work culture. Located in London, it offers competitive salaries and a comprehensive benefits package, alongside strong professional growth opportunities that empower employees to thrive in a dynamic market environment.
Contact Details:
United Cerebral Palsy of Georgia Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Analyst - Delegated Underwriting. Job in London LilyLifestyle Jobs
✨Dive Into Industry Networking Events
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We think you need these skills to ace Senior Analyst - Delegated Underwriting. Job in London LilyLifestyle Jobs
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at United Cerebral Palsy of Georgia.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at United Cerebral Palsy of Georgia. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at United Cerebral Palsy of Georgia
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at United Cerebral Palsy of Georgia to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at United Cerebral Palsy of Georgia, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding United Cerebral Palsy of Georgia's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
