Senior Delegated Authority Assistant

-6 month Fixed Term Contract, with potential to extend to 9 months.
-City of London based with some WFH flexibility
-Salary to £75,000 p.a. pro rata

An opportunity to join one of the world's largest and most successful global (re)insurers.

POSITION SUMMARY
Reporting to the Delegated Underwriting Manager in London, the Senior Delegated Underwriting Assistant's responsibilities include assistance with delegated underwriting compliance to meet MS9, ensuring information is correctly and accurately recorded in the binder management and Coverholder approval tools, assisting in the audit process and monitoring any exceptions, as well as any ad hoc tasks or projects where required.

RESPONSIBILITIES INCLUDE:
Support the work of the Delegated Underwriting Manager (DUM) in controlling and monitoring the syndicate's delegated underwriting business, ensuring adherence to Lloyd's Underwriting Management Standards.
Running reconciliations between the accounting, UW and risk systems to ensure data is consistent and complete.
Review of audit schedule and scoping of Coverholder audits.
Review of audit reports, loading audit requests and recommendations into audit tool, tracking recommendations, and following up with brokers and coverholders to resolve recommendations.
Review of risk and premium data assessing the current credit control position, raising any outcome with underwriters, brokers and coverholders.
Development, implementation and documentation of processes and controls for efficient handling of the Delegated Authority accounts.
Maintenance and testing of delegated underwriting processes and systems.
Responsible for ensuring the RSM Standard of Service is communicated to third parties.
During busy periods supporting onboarding and ongoing monitoring of Coverholders ensuring their compliance with reporting requirements, following up on any areas of non-compliance with underwriters and coverholders and reporting on any findings.

QUALIFICATIONS, SKILLS & EXPERIENCE:
Manages expectations effectively and adapts to changing needs, concerns and priorities of internal and external clients/stakeholders.
Clearly and concisely presents information in group settings adapting messages to the needs of the audience and effectively responds to Q&A.
Prioritizes responsibilities, makes effective use of time and remains flexible to changing work needs/demands.
Remains open to new thinking and ideas, and views situations from multiple perspectives.
Performs with minimal supervision.
Applies strong technical skills to achieve results.
Minimum of 4 years Delegated Authority experience.

Ref ~ 8009

MW Appointments is acting as an Employment Business in relation to this vacancy.