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Senior Delegated Authority Operations Analyst
Location: London - Hybrid (3 office days)
£75,000 per annum
I am currently working with an innovative and data-driven (re)insurer with strategic communication tactics that drive positive change and sustainable growth for their clients. This client is building out their Delegate Authority team and have created a new Senior Delegated Authority Operations Analyst position. This role will play a key role in the team helping to support and nurture the 2 other analysis in the team. You will be play a key role in implementing the DA strategy with a focus on servicing the Underwriting team, due diligence and audit management.
Key responsibilities:
* Support Underwriters and stakeholders by ensuring due diligence and ongoing monitoring of new and existing delegated authorities (Binding Authorities, Lineslips, Consortium, and Delegated Claims Administrators).
* Implement the audit policy and manage the annual audit program for Coverholders and DCAs.
* Prepare governance reports and insights regarding delegated authority arrangements, discussing KPIs with Underwriting teams.
* Administer the review process for all binding authorities, lineslips, and DCAs.
* Produce regulatory and Lloyd's returns, ensuring actions from market reviews are embedded within the organization.
* Build and maintain strong relationships with all business units, particularly Underwriting teams.
* Attend Delegated Underwriting Managers forums and other market seminars/workshops as needed.
* Coordinate internal/external audit reviews and support ad hoc Delegated Authority projects.
* Oversee outsourced resources managing Bordereaux data capture and EPI monitoring, assisting with queries as necessary.
Skills, Qualifications & Experience
* Extensive experience in Delegated Authorities roles within an insurance company, ideally in the Lloyd's market.
* Strong attention to detail and excellent due diligence and investigative skills.
* Exceptional analytical, written, and communication skills.
* Ability to develop and coach junior team members.
* Excellent organization and time management skills.
* Strong interpersonal skills to communicate effectively at all levels.
* Proficient in IT, particularly with third-party Lloyd's management systems (e.g., DCOM, DAM, Lineage).
* Strong Excel skills.
If you feel your skills and experience match, please send an up to date CV. #LI-PB1
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