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The successful applicant will be an integral employee within a high performing, progressive and collaborative team working for this leading insurer.
Key duties will be dealing with the Delegated Underwriting processes, maintaining accurate information in DU systems and liaising with all members of the DU team in relation to Client on-boarding, Binding Authority Agreements, Audits and Bordereaux Management.
Other responsibilities will include:
- Understand and support business relating to first on-boarding and Binding Authority renewals.
- Maintain accurate records, including Client Account and Binding Authority entries, and undertake quality control of the underwriting teams’ entries on a weekly and monthly basis.
- Support the delivery of the audit plan.
- Assist with the management of bordereaux records including chasing bordeaux, keeping records and liaising with relevant internal and external stakeholders as such Lloyd's brokers and Underwriters as required.
- Review Lloyd's international regulatory trading requirements.
- Support the implementation of Lloyd's, FCA and other regulators’ policies and procedures.
- Understand all appropriate lines of escalation and the responsibilities of governance
- Any other tasks as appropriate to this role
- Understanding of Lloyd's delegated authority tools.
- Lloyd’s Market practices and regulation, specifically relating to delegated underwriting.
If you have worked within a similar role or have transferable Insurance skills and are interested to know more then please submit your CV for consideration.
The Recruiter Insurance Specialists are acting as a Recruitment Agency.
