Lead Delegated Authority Specialist

3 weeks ago


City of London, Greater London, United Kingdom mbf Full time

Position: Lead Delegated Authority Specialist

Overview

This role presents an exceptional opportunity to become a key player in a rapidly expanding Lloyd's Syndicate, contributing significantly to the Delegated Authority Unit (DUA) under the guidance of the Head of Delegated Authority.

The Lead Delegated Authority Specialist will play a crucial role in the effective development and execution of the Syndicate's Delegated Authority strategy, emphasizing support for Underwriters, thorough due diligence, and audit oversight.

Your responsibilities will include assisting the Syndicate's Delegated Authority (DA) operations, primarily focusing on Underwriters, by drafting delegated authority agreements that align with the Company's Delegated Authority Framework. You will also engage in process and system enhancements while providing mentorship to junior team members.

We are interested in candidates who possess:

  • Significant experience in a Delegated Authorities capacity within an insurance organization, preferably in the Lloyd's sector.
  • Meticulous attention to detail, along with strong due diligence and investigative capabilities.
  • Robust analytical, written, and verbal communication skills.
  • A commitment to developing and mentoring junior staff within the DA Team.
  • Excellent organizational and time management abilities.
  • Strong interpersonal skills, enabling effective communication with individuals at all organizational levels in a confident and professional manner.
  • Proficiency in IT, with experience in third-party Lloyd's management systems such as DCOM, DAM, Lineage, Atlas, Crystal, DDM, and VIPR's Intrali & LWR.

What We Offer

Competitive base salary

25 days of annual leave

  • Discretionary bonus program
  • Employee assistance initiatives
  • Annual leave purchase option (up to 3 additional days)
  • Salary sacrifice benefits
  • Annual benefits evaluations

Enhanced Family-Friendly Policies

At mbf, we acknowledge and appreciate the advantages of fostering a diverse and inclusive workplace and are dedicated to cultivating a culture that is welcoming to all.

We encourage applications from individuals of diverse backgrounds, including but not limited to race, ethnicity, gender, age, religion, disability, sexual orientation, and gender identity, and we promise to evaluate each application based on skills and qualifications without bias.

Our aim is to ensure that everyone feels valued, supported, and represented appropriately. If you require any assistance or accommodations during the application process, please inform us.

We are excited about the prospect of collaborating with our clients to build diverse teams that contribute to a more innovative and inclusive future.



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