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Delegated Authority Officer

Finitas
Posted a day ago, valid for 4 days
Location

London, Greater London EC1R 0WX

Salary

£30,000 - £36,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The London Market Insurer is seeking a Delegated Authority Officer to join their team in a hybrid role based in London, offering a salary between £65,000 and £75,000 depending on experience.
  • The position involves supporting the governance of delegated authorities, attending market meetings, and overseeing annual reviews, among other responsibilities.
  • Candidates should have a minimum of 5 years of experience in a technical delegated authority role, including experience with Coverholder Applications and due diligence.
  • Strong communication skills and the ability to work both collaboratively and independently are essential for this role.
  • The role offers significant opportunities for growth and influence within a supportive team environment.

Delegated Authority Officer | London Market Insurer | London/Hybrid | £65 -75,000 (doe)

Finitas are delighted to be partnering with an established London market insurer in their search Delegated Authority Officer to join their team. Reporting into the Head of Delegated Authority, you will also have the opportunity to support two junior members of the team. This is a well-rounded delegated authority position, where you will have a variety of responsibilities including but not limited to:

  • Supporting the governance of all delegated authorities written.
  • Attending Lloyd's or Market DA meetings.
  • Providing day to day support to junior members of the team.
  • Coordinating and overseeing the annual review of the Delegated Authority process guides.
  • Delivering the quarterly Delegated Authority Controls Reviews and presenting findings.
  • Processing Lead DCOM entries.
  • Processing New Coverholder Applications.
  • Processing mid-term contract changes.
  • Deputising for the Head of Delegated Authority as required.

Experience required:

  • Minimum 5 years' experience in a technical delegated authority role.
  • Experience of Coverholder Applications and conducting Coverholder due diligence.
  • Effective communication skills with the ability to build relationships at varying levels with both internal and external parties.
  • Collaborative team player but also has the ability to work independently.
  • Able to multi-task whilst working in a challenging but rewarding environment.

Please note you will be required to travel their London office 2/3 days per week.

This is an excellent opportunity if you are a Delegated Authority Analyst looking for the next step up - you will be able to influence, develop & drive a small team, deputise for the Head of Delegated Authority but also have a very dynamic role where you will touch on all areas of delegated authority whilst working in a very collaborative team. This is an established business that heavily invest in their employees and there is lots of growth on the horizon!

So, if you have the right experience, please apply now! Or alternatively, for more information, please get in touch with Raj on / r.basra @ finitas.co.uk

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.