Senior Delegated Authority Analyst

3 days ago

London, Greater London, United Kingdom Markel International Services Ltd Full time
About the Role

We are seeking an experienced Senior Delegated Authority Analyst to join our Governance and Delegated team at Markel International Services Ltd.

Key Responsibilities
  • Support the Delegated Authority Manager in undertaking due diligence reviews of cover holders, dealing with referrals from the business, and ensuring compliance with internal policies, procedures, and regulatory requirements.
  • Ensure post-bind activities are undertaken efficiently and effectively, and align with the wider team.
  • Collaborate with the Due Diligence team to ensure unified delegated authority due diligence, undertaking delegated claims on-boarding activities as directed.
  • Manage 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 effective full-cycle reviews of delegated authority business.
  • Work closely with the Governance team to ensure adherence to regulatory requirements for Delegated business and evidence compliance.
  • Liaise with the Delegated Operations team to ensure high-quality bordereaux on cover holder business is received regularly.
  • Prepare information for Delegated groups/committees or other groups as needed.
  • Deputise for the Delegated Authority Manager as required.
  • Provide administrative assistance and coordination support for internal/external audit reviews and other Governance & Delegated projects.
Requirements
  • Previous experience of working in Delegated Authority due diligence.
  • Good understanding of Lloyd's and Delegated Authority requirements.
  • Effective communication skills, being 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 stakeholder management skills.

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