A fantastic opportunity to join a growing London Market insurer in a key Delegated Authority Oversight role. This position will take ownership of governance and assurance across a broad delegated portfolio with real scope to influence how the function develops. A great step for a senior DA Analyst.
You will act as a senior point of expertise for Delegated Authority while working closely with Underwriting, Compliance and external partners. The role offers strong visibility across the business with the opportunity to improve controls, challenge existing processes and help shape best practice as the portfolio continues to grow.
Key responsibilities:
Taking ownership of the governance and oversight of Delegated Authority arrangements.
Managing the full lifecycle of delegated relationships from due diligence and onboarding through to ongoing oversight and renewal.
Leading risk based reviews of Coverholders and TPAs.
Reviewing underwriting, claims and reporting standards across delegated partners.
Monitoring Bordereaux, MI and KPI information to identify emerging risks or areas for improvement.
Managing remediation actions following oversight reviews.
Producing regular reporting for senior management and governance forums.
Supporting compliance monitoring and thematic reviews across delegated business.
Identifying and escalating risks, breaches or control weaknesses.
Keeping Delegated Authority processes and frameworks aligned with regulatory requirements.
Providing guidance to internal teams on Delegated Authority controls and best practice.
Building strong relationships with Underwriters, Brokers, capacity providers and external partners.
Representing the business at relevant market forums where required.
Experience you’ll need:
Strong Delegated Authority experience within the London Market.
Good understanding of Coverholder and TPA oversight.
Experience across due diligence, governance and ongoing delegated oversight.
Strong knowledge of regulatory requirements affecting Delegated Authority business.
Confidence working with senior stakeholders and challenging where required.
A proactive approach with the ability to identify improvements and strengthen existing processes.
This is a great opportunity for an experienced Delegated Authority professional who wants broader ownership and more influence. You will join a developing function where your experience and ideas can have a genuine impact on how Delegated Authority oversight is managed.
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