Senior Delegated Authority Operations Specialist

3 weeks ago

London, Greater London, United Kingdom Oliver James Full time
Job Title: Senior Delegated Authority Operations Analyst

Join our team at Oliver James as a Senior Delegated Authority Operations Analyst, where you will play a key role in implementing the DA strategy and supporting the Underwriting team.

About the Role:

We are seeking an experienced Senior Delegated Authority Operations Analyst to join our team. As a key member of the Delegate Authority team, you will be responsible for ensuring due diligence and ongoing monitoring of new and existing delegated authorities. You will also implement the audit policy and manage the annual audit program for Coverholders and DCAs.

Key Responsibilities:

  • Support Underwriters and stakeholders by ensuring due diligence and ongoing monitoring of new and existing delegated authorities.
  • 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.
Requirements:

We are looking for an experienced Senior Delegated Authority Operations Analyst with a strong background in Delegated Authorities roles within an insurance company, ideally in the Lloyd's market. You should have excellent analytical, written, and communication skills, as well as the ability to develop and coach junior team members.

Key Skills and Qualifications:

  • 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 are a motivated and experienced Senior Delegated Authority Operations Analyst looking for a new challenge, please send an up-to-date CV to Oliver James.

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