Details:
- Salary: £35,000 - 40,000 - Annum
- Job Type: Permanent
- Job Status: Full-Time
- Salary Per: Annum
- Location: London
- Date: 3 days ago
Description:
Delegated Authority Technician | £35,000 - £40,000 | London (Hybrid)
A leading Lloyd's market insurer is seeking a Delegated Authority Technician to join their growing Delegated Authority team. This is an excellent opportunity for someone with experience in Delegated Authority or Underwriting Operations who is looking to develop their career within a supportive, collaborative environment. The team are also open to ambitious, motivated candidates who are eager to learn and build their expertise within the Lloyd's market.
Responsibilities:
Support Underwriters with the administration of new and existing delegated authority arrangements, including Coverholders, Binding Authorities, Lineslips, Consortiums and Delegated Claims Administrators (DCAs)
Assist with due diligence, onboarding and ongoing monitoring of delegated authority partners
Support bordereaux management, EPI monitoring and resolution of bordereaux queries
Prepare performance reporting, KPIs and management information for Underwriting and key stakeholders
Coordinate audit planning and follow-up activities for Coverholders, MGAs and delegated authority partners
Assist with regulatory and Lloyd's market returns, ensuring delegated authority processes remain compliant
Build strong working relationships across Underwriting, Compliance and Operations teams
Provide administrative support for delegated authority projects, internal and external audits, and market initiatives
Skills:
Previous experience within Delegated Authority, Underwriting Operations, Technical Operations or a similar insurance support role
Lloyd's market or London Market insurance experience is highly desirable
Strong analytical skills with excellent attention to detail
Good organisational and time management skills with the ability to manage multiple priorities
Confident communicator with the ability to build relationships across the business
Strong Excel skills
Experience using Lloyd's delegated authority systems such as DCOM, DAM, Lineage, Atlas, Crystal, DDM or LWR would be advantageous but not essential
A proactive attitude with a genuine desire to learn and develop within Delegated Authority
Package:
£35,000 - £40,000 per annum + Bonus
Hybrid working – 3 days in the office and 2 days from home