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Delegated Authority Specialist
2 months ago
We are seeking a highly skilled Delegated Authority Analyst to join our team at Markel International Services Ltd. As a key member of our Governance & Delegated team, you will play a critical role in ensuring the effective management of our International Delegated Authority.
Key Responsibilities:- Support the Delegated Authority Manager and Senior Delegated Authority Analyst in undertaking due diligence reviews of cover holders, dealing with referrals from the business, and aligning with all internal policies, procedures, and regulatory requirements.
- Ensure post-bind activities are undertaken efficiently and effectively in your role and the wider team.
- Align and work closely with other members of the Due Diligence team to ensure unified delegated authority due diligence covering delegated underwriting and claims.
- Support the Delegated Authority Manager and Senior Delegated Authority Analyst with the ongoing management of Service Company Arrangements globally in line with agreed procedures and standards.
- Review line slip, consortium, and master policy arrangements as required.
- Provide insight and support to the cover holder audit team to ensure full cycle reviews of delegated authority business are effective.
- Work closely with the Governance team to ensure all regulatory requirements for Delegated business are adhered to and evidenced.
- Liaise with the Underwriting Support Delegated data entry team to ensure all bordereaux on cover holder business is of good quality and is received regularly.
- Prepare information for Delegated groups/committees or other organisations as needed.
- Deputise for the Senior Delegated Authority Analyst or other senior team members as required.
- Provide administrative assistance and coordination support for internal/external audit reviews and other ad-hoc Governance & Delegated projects as needed.
- Previous experience of working in Delegated Authority due diligence is essential.
- Good understanding of Lloyd's and delegated authority requirements.
- Good and effective communicator – open, honest, and respectful.
- High level of accuracy and attention to detail.
- Willingness to take responsibility and accountability in a collaborative manner.
- Ability to deliver work on time to set deadlines.
- Good understanding of Microsoft Office, Word, and Excel.
- Effective partner management skills.
Markel Corporation (NYSE – MKL) is a Fortune 500 company with over 60 offices in 20+ countries, operating as a holding company for insurance, reinsurance, specialist advisory, and investment operations around the world.
We are committed to creating a diverse and inclusive work environment that values the contributions of all employees. We believe in the importance of equal opportunities and strive to create a workplace where everyone feels valued, respected, and empowered to succeed.
We offer a competitive salary, annual bonus, and strong benefits package, including 25 days paid holiday plus Bank Holidays, with the opportunity to buy/sell extra leave. We also provide a fantastic company pension scheme, private medical and dental cover, life assurance, travel insurance cover, income protection, season ticket loan, and other great benefits.
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.
We will ensure that individuals with disabilities are provided with all reasonable accommodations to be able to participate in the job application or interview process and to perform essential job functions if successful. Please contact us via email at or call us at to request any accommodations that may be needed.
