Expert Delegated Authority Specialist

3 weeks ago


London, Greater London, United Kingdom The Hartford Full time

About the Role

The Delegated Authority Analyst will play a key role in the operation of the Delegated Authority Framework for The Hartford International (HIG). Working closely with the Delegated Authority Manager and other Analysts, the successful candidate will ensure the process remains up-to-date and effective.

Key Responsibilities

  • Process new and renewal delegated facilities, including binding authorities, lineslips, consortia, and master policies, working closely with underwriters and other key stakeholders.
  • Ensure the appropriate approval process for delegated facilities is followed and assist with ongoing monitoring, tracking actions and subjectivities as necessary.
  • Monitor and complete tasks in Lloyd's delegated systems, including Atlas, Delegated Contract and Oversight Manager (DCOM) and Delegated Audit Manager (DAM).
  • Prepare management information for the business, including reporting for the Delegated Underwriting and Claims Committee (DUCC) such as portfolio stats, Coverholder due diligence items, and issues identified.
  • Assist with the creation and monitoring of the Coverholder audit plan, reviewing audit reports and tracking actions through to completion.
  • Maintain effective relationships with internal and external stakeholders.
  • Provide advice to underwriters in relation to delegated underwriting.
  • Act as a referral point for the Delegated Authority Administrators.
  • Assist with the operation of the facility EPI and credit control process.
  • Assist with projects relating to delegated authority business as required.

Requirements

  • Knowledge of general insurance and its underlying principles.


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