Oversee the approval process for new delegated arrangements to both Lloyd’s and AEGIS in line with company procedures, regulatory requirements and best practice
Manage the annual due diligence process and the ongoing monitoring and oversight of existing Coverholders, Binding Authorities and DCAs
Allocate the delegated arrangements to DA Analysts, ensuring a balanced distribution and maintain oversight so that they are managed in line with company procedures, regulatory requirements and best practice
Manage the audit process for all delegated arrangements
Set the annual audit plan, be the central contact point for audit queries and ensure that a coordinated approach is adopted between due diligence and audit when managing delegated arrangements
Carry out quality control assessments of DA Analyst tasks, ensuring a high standard of completion and consistency across the business
Oversee the EPI process ensuring adherence to the Syndicate’s procedures
Liaise with the Operations Team on bordereaux receipt, timeliness and data quality issues, ensuring that feedback is provided to Coverholders
Provide the business with delegated authority related support, advice and guidance, ensuring that a high level and collaborative service is delivered to key areas of the business
Assist other members of the Delegated Authorities team with various tasks as and when required to do so
Requirements
Have relevant work experience gained in the London insurance market specifically within delegated authorities (and the due diligence process)
Have a good understanding of Lloyd’s Delegated Authority systems
Be computer literate, they should have the ability to develop a full understanding and capability of in-house and MS systems
Have the ability to work on own initiative and as part of the team
Ability to build and maintain effective working relationships with colleagues at all levels within the organisation
Good people management skills and the ability to oversee delegation of work
Have well developed communication and stakeholder management skills