Delegated Authority Specialist

4 weeks ago

London, Greater London, United Kingdom Markel International Services Ltd Full time

Are you looking for a challenging role in Delegated Authority due diligence? We have an exciting opportunity for a Delegated Authority Specialist to join our team at Markel International Services Ltd.



As a Delegated Authority Specialist, you will be responsible for supporting the Delegated Authority Manager and Senior Delegated Authority Analyst in undertaking due diligence reviews of cover holders, dealing with referrals from the business, and ensuring alignment with all internal policies, procedures, and regulatory requirements.



You will also be responsible for ensuring any post-bind activities are undertaken efficiently and effectively, aligning and working closely with other members of the Due Diligence team to ensure that delegated authority due diligence covering delegated underwriting and claims is unified, and undertaking delegated claims on-boarding activities where directed.



In addition, you will support the Delegated Authority Manager and Senior Delegated Authority Analyst with the ongoing management of the Service Company Arrangements globally in line with the agreed procedures and standards, review line slip, consortium, and master policy arrangements as required, and provide insight and support to the cover holder audit team to ensure full cycle reviews of delegated authority business is effective.



You will work closely with the Governance team to ensure that all regulatory requirements for Delegated business are adhered to and evidenced, liaise with the Underwriting Support Delegated data entry team to ensure that all bordereaux on cover holder business is of good quality and is received regularly, prepare information for the Delegated groups/committees or other organisations as needed, and deputise for the Senior Delegated Authority Analyst or other senior team members as required.



We are looking for a highly motivated and organized individual with previous experience of working in Delegated Authority due diligence, a good understanding of Lloyd's and delegated authority requirements, and excellent communication and interpersonal skills.



The successful candidate will have a high level of accuracy and attention to detail, be willing to take responsibility and accountability in a collaborative manner, and be able to deliver work on time to a set deadlines.



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, a fantastic company pension scheme, private medical and dental cover, life assurance, travel insurance cover, income protection, season ticket loan, and other great benefits on offer.



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.



This includes any alternative formats of any documents or information on how to apply offline.

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