Coverholder Oversight Assistant
A great opportunity to join a growing London Market insurance business within its Coverholder Oversight team. This role will give you broad exposure across delegated authority while supporting the management of Coverholder relationships, due diligence and ongoing compliance.
You will work closely with the wider business while building strong knowledge across the full Coverholder lifecycle. It is a good move for someone with early Delegated Authority experience who wants to broaden their technical knowledge and develop within a supportive team.
Key responsibilities:
Experience you’ll need:
A great opportunity to join a growing London Market insurance business within its Coverholder Oversight team. This role will give you broad exposure across delegated authority while supporting the management of Coverholder relationships, due diligence and ongoing compliance.
You will work closely with the wider business while building strong knowledge across the full Coverholder lifecycle. It is a good move for someone with early Delegated Authority experience who wants to broaden their technical knowledge and develop within a supportive team.
Key responsibilities:
- Supporting the oversight of existing Coverholders and ensuring ongoing compliance with insurer requirements.
- Assisting with due diligence for prospective new Coverholders.
- Reviewing due diligence information and identifying any gaps before approval.
- Supporting Coverholder applications and changes through Lloyd’s Atlas.
- Completing checks ahead of delegated authority renewals.
- Monitoring annual compliance requirements and Coverholder attestations.
- Supporting the scheduling and management of Coverholder and TPA audits.
- Helping track audit recommendations through to completion.
- Producing reports for internal committees and senior stakeholders.
- Working directly with Coverholders to obtain required compliance information.
- Supporting the onboarding of new brokers, insurers and other external partners.
- Maintaining accurate records across internal systems.
Experience you’ll need:
- Experience within the Lloyd’s or London Market would be beneficial.
- Some exposure to Delegated Authority or Coverholder oversight.
- A good understanding of compliance and due diligence processes would be useful.
- Strong attention to detail.
- Confidence working with internal teams and external stakeholders.
- A proactive approach with a willingness to learn.
Apply now
Tom
Consultant
Delegated Authority
Tom
O'Dell
Senior Consultant
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Apply for this role by sending us your CV today.
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