At a Glance
- Tasks: Conduct due diligence and manage audits for delegated underwriting agreements.
- Company: Leading global speciality insurer known for innovation and employee development.
- Benefits: Competitive salary, comprehensive benefits, and strong professional development 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 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. You will also 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.
Additionally, 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 are essential, along with the ability to work independently and proactively.
- IT literate and 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
Join a leading global speciality insurer in London, where you will thrive in a collaborative culture that prioritises innovation and employee development. With a competitive salary and comprehensive benefits package, this role offers significant opportunities for professional growth and career progression within 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
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work at companies you're interested in. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with your own. This will help you tailor your responses and show them you're a perfect fit!
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or use online resources. The more comfortable you are speaking about your experience and skills, the more confident you'll be when it counts.
✨Tip Number 4
Don't forget to apply through our website! We love seeing applications directly from candidates who are excited about joining us. Plus, it shows your enthusiasm for the role and the company.
We think you need these skills to ace Senior Analyst - Delegated Underwriting. Job in London LilyLifestyle Jobs
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Analyst role. Highlight your experience in delegated authority and compliance, and don’t forget to showcase your analytical skills and attention to detail. 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 the perfect fit for this role. Mention specific experiences that relate to the job description and show us your enthusiasm for working with a leading global speciality insurer like us.
Showcase Your Communication Skills:Since you'll be engaging with stakeholders at all levels, it's crucial to demonstrate your strong written and verbal communication abilities. Make sure your application is clear, concise, and free of jargon. We appreciate straightforwardness!
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 get the best experience possible. Plus, it shows us you're keen on joining our collaborative culture!
How to prepare for a job interview at United Cerebral Palsy of Georgia
✨Know Your Stuff
Make sure you brush up on delegated underwriting and compliance within the insurance sector. Familiarise yourself with key terms and concepts, especially those related to the Lloyd's Delegated Authority market. This will not only help you answer questions confidently but also show your genuine interest in the role.
✨Showcase Your Analytical Skills
Prepare examples that highlight your analytical mindset and attention to detail. Think of situations where you've conducted due diligence or quality control reviews. Be ready to discuss how you approached these tasks and what the outcomes were, as this will demonstrate your capability for the Senior Analyst position.
✨Engage with Stakeholders
Since the role involves liaising with various stakeholders, practice how you would communicate effectively with them. Prepare to discuss your experience in building relationships and how you’ve navigated challenging conversations in the past. This will showcase your strong communication skills and ability to engage at all levels.
✨Stay Updated
Keep yourself informed about recent developments in the regulatory landscape and the Lloyd's market. Being able to discuss current trends or changes during your interview will impress the interviewers and show that you’re proactive about staying relevant in your field.
