Senior Delegated Authority Assurance Analyst

2 weeks ago


City Of London, United Kingdom Canopius Full time

OverviewAs a Senior Analyst within the Delegated Authority Management team for Canopius UK Operations, you will support the assurance process for delegated authority partners including Coverholders, DCAs, and Product Partners. You will contribute to onboarding, contract reviews, and ongoing oversight activities, ensuring compliance with Canopius Delegated Underwriting and Claims policies. You will support underwriters in the growth of the delegated book by facilitating effective onboarding and renewal processes, providing technical advice and identifying compliant solutions. You will collaborate with wording specialists during new contract negotiations and with the Coverholder and internal SMEs, including but not limited to, Complaints and Conduct teams to ensure alignment and regulatory compliance. You will also be involved in bespoke applications where deep knowledge of delegated authority is essential, and you will oversee the day-to-day activities of junior members and analysts within the team. Reporting to the Delegated Authority Assurance manager, you will work closely with them and other internal teams to uphold governance standards and mitigate operational risks across the Delegated Authority Portfolio.Key ResponsibilitiesResponsibility for completion of due diligence and submission of new applications to Lloyd’s, including UK, EEA, and International Coverholders, DCAs and Product Partners.Conduct technical risk assessment reviews, ensuring partners meet required standards.Support underwriting and claims teams with delegated authority queries and approval processes.Perform pre- and post-bind reviews for binders, line slips, master policies, and consortia to ensure procedural and regulatory compliance.Participate in bespoke applications where deep knowledge of delegated authority is essential.Collaborate with internal teams including Compliance, Operational Resilience, and Cyber Security to ensure effective oversight.Engage with complaints and conduct teams to ensure alignment with regulatory and operational standards.Monitor regulatory changes and escalate relevant updates to the DA Assurance Manager.Oversee junior analysts, provide support in DA Assurance Manager’s absence and contribute to team development.Deputise for the DA Assurance Manager as needed and directed.Prepare data and insights for internal reporting packs.Collaborate with wording specialists in new contract negotiations and coverholder arrangements.Contribute to the review of DCA Master Agreements.Maintain quality and consistency in contract checks through peer reviews.Participate in internal change projects and systems testing as a business SME.Use Lloyd’s systems including Atlas, DCOM, and Insights Hub to support registration and compliance activities.SkillsSolid understanding of delegated underwriting and claims authority practices, ideally within the Lloyd’s market.Ability to provide technical expertise and guidance on DA business processesFamiliarity with Coverholder and DCA onboarding processes.Strong attention to detail and analytical skills.Effective communication and interpersonal skills.Proficiency in Microsoft Excel and other MS Office tools.Strong organisational and time management skills.Willingness to learn and take initiative in personal development. #J-18808-Ljbffr



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