Delegated Authority Senior Analyst

G MASS

  • London
  • £55,000-70,000 per year
  • Contract
  • Full-time
  • 1 month ago
  • Apply easily
We’re working with a leading Lloyd’s Syndicate to appoint a highly motivated individual to strengthen their delegated authority team. This role will be responsible for the due diligence, onboarding, monitoring and audit of coverholders and TPAs – ensuring compliance with Lloyd’s Minimum Standards, FCA/PRA requirements and the Syndicate’s internal governance framework.You will play a key role in safeguarding the business by managing delegated relationships end-to-end, from onboarding and risk assessment to ongoing performance oversight and audit remediation.Key Responsibilities:
  • Conduct due diligence on new and existing coverholders.
  • Oversee coverholder/TPA audits and manage external auditors.
  • Review and track audit findings and remediation actions.
  • Maintain accurate records on systems (e.g. Atlas, DAM, DCOM).
  • Ensure compliance with Lloyd’s Minimum Standards and regulatory frameworks.
  • Support internal governance reporting and audit processes.
  • Act as a point of contact for coverholder compliance queries.
Requirements
  • Strong understanding of the Lloyd’s delegated authority model and regulatory frameworks.
  • Demonstrated experience conducting due diligence reviews and/or managing coverholder audits.
  • Strong working knowledge of systems such as PoloWorks, DCOM, Atlas, and DAM.
  • Strong attention to detail and risk awareness.
  • Excellent stakeholder communication and coordination skills.
  • Experience managing audits and third-party auditors.
  • Understanding of international insurance regulation.
  • Relevant professional qualifications (e.g. CII, ICA).
BenefitsSalary: £55k-70k per annumLength: Initial 6 Month FTC, with potential to extend.

G MASS