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    Senior Delegated Authority Technician - London, United Kingdom - mbf

    mbf
    mbf London, United Kingdom

    1 week ago

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    Description

    Job Description

    Role: Senior Delegated Authority Analyst

    Our Client is seeking an experienced Delegated Underwriting Technician / Analyst to join their team, to ensure efficient management of Coverholders, Service Companies, Lineslips, and Consortia in accordance with internal procedures, regulatory standards, and best practices.

    This role, aligned with Underwriting, involves end-to-end portfolio management, from onboarding to renewal/termination. The role also has a focus on Audit so if you have experience on the Audit side of DUA it would be favourable.

    Responsibilities include:

    • Manage approval of new Coverholders and Binding Authority Agreements.
    • Process renewals, conduct Conduct Risk reviews, and resolve audit recommendations.
    • Review and manage lineslips and consortiums adhering to procedures and regulatory requirements.
    • Ensure accurate risk entry and rating, process endorsements, and update systems.
    • Monitor bordereaux data quality, resolve data issues, and manage premium income/commissions.
    • Attend DAMG meetings, participate in internal projects, and contribute to market forums.

    Experience Required:

    • Previous experience of 3 years plus in working within Delegated Authority teams
    • Understanding of insurance industry practices and regulatory requirements.
    • Familiarity with Lloyd's delegated authority systems (DCOM/DAM/Atlas) and Microsoft Office.
    • Comfortable with bordereaux management systems; CII qualification preferred.

    What you will get:

    • Commitment to fair recruitment from diverse backgrounds.
    • Healthy culture, excellent behaviours, and supportive leadership.
    • Emphasis on work/life balance and career support for employees.
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