Purpose of the Role

As a Senior Delegated Authorities Analyst you will manage a portfolio of delegated authority contracts through their lifecycle, ensuring the Syndicate operates an effective monitoring and supervision control framework. You will assume responsibility for more complex delegated arrangements at AEGIS, ensuring that they are managed in line with regulatory and internal requirements. In addition, you will be the main contact for delegated authority audits, liaising closely with all key stakeholders as well as providing guidance to the Delegated Authority Analysts.

Duties and Accountabilities

Manage the approval process for new delegated arrangements to both Lloyd’s and AEGIS in line with company procedures, regulatory requirements and best practice
Manage the annual due diligence process and the ongoing monitoring and oversight of existing Coverholders, Binding Authorities and DCAs allocated to you, in line with company procedures, regulatory requirements and best practice.In particular, assume responsibility for complex delegated arrangements across the Syndicate
Manage the audit process for all contracts assigned to you ensuring that a coordinated approach is adopted between due diligence and audit when managing delegated arrangements
Liaise closely with Lloyds, external parties and the business to ensure that the audit process is managed in line with internal requirements
Assist the Head of Delegated Authorities with the EPI process ensuring that the process is followed as set out in the Delegated Authorities Policy & Procedures
Collaborate with the Operations Team on bordereaux receipt, timeliness and data quality issues, ensuring that feedback is provided to Coverholders in your portfolio
Coordinate and produce management information and reports to assist key stakeholders responsible for delegated authority arrangements
Provide the business with delegated authority related support, advice and guidance, ensuring that a high level and collaborative service is delivered to key areas of the business
Assist other members of the Delegated Authorities team with various tasks as and when required to do so

Skills, Knowledge and Experience

Demonstrable experience gained in the London insurance market in delegated authorities
Relevant experience in delegated authority audits
A good understanding of Lloyd’s Delegated Authority systems
A good working knowledge of Microsoft packages including Word and Excel
Computer literate, with the ability to develop a full understanding and capability of in-house and MS systems.
The ability to work on own initiative and as part of the team
Excellent communication and social skills
Solid numerical and analytical ability

AEGIS Values

Fairness and respect

We make decisions considering the best interests of key stakeholders. We are direct and straightforward in our actions, working collaboratively to create a culture of fairness and respect.

Open and inclusive

We act with integrity, valuing diversity of thought and background. We take time to listen to the needs of our customers, stakeholders and colleagues working together to seek and share information.

Ambitious

We have a passion for success, aspiring to be recognised as best in class. We embrace new opportunities, encouraging innovation in pursuit of our goals.

Striving to be better

We strive to improve at all times, challenging complacency, being agile and adapting to change. We always seek to improve our customers’ experience with us.

Investing in people’s potential

We provide an environment where each employee can reach their personal potential. We encourage personal accountability for performance and individual ownership for growth and success.

AEGIS London is an equal opportunities employer and recognises the value of a diverse workforce in facilitating better decision making and business growth. We encourage a variety of differing views, perspectives and insights to create a collaborative working environment. Diversity and Inclusion are fundamental to our business and we encourage applications from all backgrounds recognising the diversity of society and our customers.

It’s important to us that you are able to perform at your best when applying for a role with AEGIS London. If there are any adjustments we can reasonably make to ensure that the process is accessible for you please telephone us on+44(0)20 7856 7856or email recruitment@aegislondon.co.uk

As a business, we understand individual circumstances may differ and aim to be adaptable and to support flexible working practices. Talk to our recruitment team to understand how AEGIS London can help support you in reaching your full potential

Aegis London jobs

Senior Delegated Authorities Analyst