Delegated Authority Analyst

Delegated Authority Analyst – Lloyd’s Insurer – £50-65k

Hybrid working.

Supporting the management and monitoring of the Delegated Underwriting Authority (DUA) portfolio, as required by the DUA Manager and Chief Underwriting Officers of both trading platforms.

Contributing to the set up and ongoing operation of all DUAs and their compliance with relevant regulatory requirements.

Assist with managing the Delegated Authority portfolio by:

• Completing onboarding due diligence for all new Coverholders including sponsorships to Lloyds
• Maintain ongoing due diligence for the life cycle of the Coverholder relationship and underlying contracts
• Conduct renewal due diligence for all existing binders, lineslips and consortia
• Complete Coverholder applications, class of business, branch offices and regional extensions for Coverholders
• Support Underwriting and claims teams with delegated authority queries and approval processes including Mid Term changes
• Contribute to the life cycle management of the delegated authority book of business

Experience of managing Lloyd’s Coverholder relationships and associated processes and regulations.

Have a working knowledge of Lloyd’s DA systems including Atlas, DCOM, DAM, Wordings Repository, Crystal Plus etc.

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