Senior Delegated Authority Analyst

3 weeks ago

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

About the Role:

We are seeking a highly skilled Senior Delegated Authority Analyst to join our Governance & Delegated team at Markel International Services Ltd. The successful candidate will be responsible for supporting the Delegated Authority Manager in undertaking due diligence reviews of cover holders, dealing with referrals from the business, and ensuring compliance with all internal policies, procedures, and regulatory requirements.

Key Responsibilities:

  • Support the Delegated Authority Manager in undertaking due diligence reviews of cover holders and dealing with referrals from the business.
  • Ensure compliance with all internal policies, procedures, and regulatory requirements.
  • Align and work closely with other members of the Due Diligence team to ensure that delegated authority due diligence covering delegated underwriting and claims is unified.
  • On-going 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.
  • Provide insight and support to the cover holder audit team to ensure full cycle reviews of delegated authority business is effective.
  • Work closely with the Governance team to ensure that all regulatory requirements for Delegated business are adhered to and evidenced.
  • Liaise with the Delegated Operations 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 groups as needed.
  • Deputise for the Delegated Authority Manager as required.
  • Where 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.
  • 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 stakeholder management skills.

About Markel International Services Ltd:

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.

What We Offer:

  • A great starting salary plus annual bonus & strong benefits package.
  • 25 days paid holiday plus Bank Holidays, with the opportunity to buy / sell extra leave.
  • Fantastic company pension scheme, private medical and dental cover, life assurance, travel insurance cover, income protection, season ticket loan as well as other great benefits on offer.
  • Countless opportunities to learn new skills and develop in your career, and we can provide the support needed to do just that.

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