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New Vacancy - Delegated Authority AnalystLloyd's InsurerCity of London I am currently recruiting for a leading Lloyd's Insurer who are seeking a Delegated Authority Analyst to join their growing team. My client is looking for someone with strong experience within DA, Governance and MI to support the wider Underwriting & Claims function of the business. You will be responsible for the day to day oversight, monitoring and auditing of DA arrangements and prepare MI data packs for relevant Underwriting/Claims processes. The ideal candidate will have 3-5+ years within this space.
Key Responsibilites
- Collaborates with underwriting and claims teams to prepare new and renewal delegated authority proposals for submission to the Delegated Underwriting and Product Oversight Group.
- Oversees the day-to-day management, monitoring, and auditing of delegated authority agreements, including issue resolution, escalation handling, reporting, logging, and governance oversight.
- Prepares management information (MI) reports and presentation packs for relevant underwriting and claims committees and working groups.
- Develops and produces data reports using Excel, including the design and generation of management information (MI).
- Contributes to initiatives aimed at enhancing MedPro's data control and staging environments.
- Tracks premium development in relation to Estimated Premium Income (EPI).
- Partners with underwriting, claims, and other Group entities to ensure timely receipt and quality assurance of bordereaux and financial data.
- Ensures all contract amendments directed by underwriting and claims are accurately reflected in binding authority agreements and other relevant contracts, working closely with Legal to escalate and resolve issues before implementation.
- Monitors contractual service level agreements (SLAs), including those with coverholders, and escalates non-compliance when necessary.
- Drafts and manages Letters of Authority for underwriting and claims, including monitoring compliance and identifying exceptions.
- Engages in broader business initiatives and cross-functional projects.
