Assistant Manager - Delegated Authority - London
- Recruiter
- BCT Resourcing
- Location
- London, London
- Salary
- £65,000 per annum
- Posted
- 02 Aug 2017
- Closes
- 30 Aug 2017
- Ref
- 1448977
- Sectors
- Banking & Financial Services
- Contract Type
- Permanent
- Hours
- Full Time
Delegated Authority Assistant Manager
London
£65000 per annum + bonus
Delegated Authority Assistant Manager required for a leading Lloyd's Syndicate. You will be responsible for the management of insurance through binders and coverholders, ensuring all processes meet business standards and guidelines.
Job Responsibilities:
* Management of Delegated Authority relationships across the business
* Coverholer / Delegated Authority reviews and renewals
* End-to-end contract checks for Coverholders and Binders to ensure in line with DA policy
* End-to-end due diligence and regulatory checks of Coverholders, Brokers
* Working closely with Underwriters on wide range of Delegated Authority activities
* Involvement in Coverholder approvals, applications and DDMA's
* Draft contract when required and peer reviews of contract checks
* Management and oversight of product review process
* Management of internal / external stakeholders
* Interaction with Atlas, BAR, Xchanging
* Conduct risk reviews and ensuring continuous improvement
Skills / Experience Required:
* Strong experience within delegated authority practices, gained within Lloyd's
* Clear understanding of Lloyd's minimum standards for Coverholder business
* Ability to work closely with senior management on DUA strategy
* General commercial insurance knowledge
* Experience of drafting and checking binding authority contracts
* ACII highly preferred
* Reconciliations background preferred
Keywords:"delegated authority" and "manager"
London
£65000 per annum + bonus
Delegated Authority Assistant Manager required for a leading Lloyd's Syndicate. You will be responsible for the management of insurance through binders and coverholders, ensuring all processes meet business standards and guidelines.
Job Responsibilities:
* Management of Delegated Authority relationships across the business
* Coverholer / Delegated Authority reviews and renewals
* End-to-end contract checks for Coverholders and Binders to ensure in line with DA policy
* End-to-end due diligence and regulatory checks of Coverholders, Brokers
* Working closely with Underwriters on wide range of Delegated Authority activities
* Involvement in Coverholder approvals, applications and DDMA's
* Draft contract when required and peer reviews of contract checks
* Management and oversight of product review process
* Management of internal / external stakeholders
* Interaction with Atlas, BAR, Xchanging
* Conduct risk reviews and ensuring continuous improvement
Skills / Experience Required:
* Strong experience within delegated authority practices, gained within Lloyd's
* Clear understanding of Lloyd's minimum standards for Coverholder business
* Ability to work closely with senior management on DUA strategy
* General commercial insurance knowledge
* Experience of drafting and checking binding authority contracts
* ACII highly preferred
* Reconciliations background preferred
Keywords:"delegated authority" and "manager"