Delegated Authority Scheme Expert

4 weeks ago


London, Greater London, United Kingdom Finitas Full time

We are seeking an experienced Delegated Authority Scheme Expert to join Finitas' underwriting team in the City of London.

The estimated salary for this role is £65,000 - £85,000 per annum, depending on experience.

Job Overview:

Finitas is a reputable insurance firm in the City of London, and we are looking for a skilled individual to take ownership of delegated authority schemes. As a key member of our underwriting team, you will be responsible for managing a designated panel of brokers and collaborating with internal and external stakeholders to drive the profitable growth of delegated authority schemes.

Job Description:

As a Delegated Authority Scheme Expert, you will:

  • Manage a designated panel of brokers to generate profitable business.
  • Collaborate with Underwriting and Operations teams to review scheme performance and identify growth opportunities.
  • Analyse underperforming accounts and work with Senior Underwriters to implement improvement actions.
  • Participate in departmental KPIs and budget planning to ensure alignment with strategic goals.
  • Ensure timely and accurate account servicing and support credit control processes.
  • Support junior team members by acting as a technical referral point and contributing to their development.
  • Perform regular analysis of accounts and prepare reports for internal meetings.
  • Attend binder renewal meetings and present renewal proposals to the Underwriting Committee.
  • Assist in annual cover holder audits and provide audit reports.
  • Provide insights on competitors, market conditions, and product improvements to senior management.

About You:

  • 5+ years of experience managing delegated authority accounts, ideally from an insurance carrier or MGA.
  • Proven relationship management skills with excellent communication and negotiation abilities.
  • Strong organisational and time management skills to meet deadlines.
  • Knowledge of the UK insurance market, including regulatory requirements and underwriting practices.
  • Analytical skills with the ability to write reports and proficiency in MS Office, particularly Excel and Word.
  • Ability to work independently and as part of a team to meet business objectives.


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