Delegated Authority Specialist

1 month ago

London, Greater London, United Kingdom Markel International Services Ltd Full time
Delegated Authority Analyst

Are you looking for a challenging role in risk governance and compliance? We have an exciting opportunity for a Delegated Authority Analyst to join our team at Markel International Services Ltd.

About the Role

We are seeking a highly motivated and detail-oriented individual to support our 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.

Key Responsibilities
  • Support the Delegated Authority Manager and Senior Delegated Authority Analyst in undertaking due diligence reviews of cover holders and dealing with referrals from the business.
  • Ensure post-bind activities are undertaken efficiently and effectively.
  • 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 the Service Company Arrangements globally.
  • 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.
  • 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 the 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 co-ordination support for internal/external audit reviews and other ad-hoc Governance & Delegated projects.
Requirements
  • 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 a set deadlines.
  • Good understanding of Microsoft Office, Word, and Excel.
  • Effective partner management skills.
About Us

Markel Corporation (NYSE – MKL) is a Fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory, and investment operations around the world.

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.

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