Senior Delegated Authority Analyst

Senior Delegated Authority Analyst page is loaded Senior Delegated Authority Analystremote type: Hybridlocations: UK - London ( St Botolph )time type: Full timeposted on: Posted Todayjob requisition id: Job Title: Senior Delegated Authority Analyst Reporting to: Delegated Authority Manager Position Type: Permanent, 35 hours per week Hybrid: 3 days in the office, 2 days working from home Overview: Why Standing still is not an option in the current world of Insurance. TMHCC are one of the world's leading Specialty Insurers. With deep expertise in our chosen lines of business, our unparalleled track record and a solid balance sheet, TMHCC evaluates and manages risk like no one else in the industry. Looking beyond profit, empowering our people and delivering on our commitments are at the core of our customer values, and so is a desire to grow and provide creative and innovative solutions to our clients. Job Purpose: Assisting the Delegated Authority Manager and other team members with ensuring compliance with TMHCC International's Delegated Authority Framework for all applicable Delegated Authority arrangements Key Responsibilities: To act as a focal point for all matters relating to use of delegated underwriting for TMHCC International. This will encompass performing the due diligence review for new and renewing arrangements, including liaising with key stakeholders, as well as the ongoing management of said arrangements. To ensure compliance with the annual Audit Schedule. This includes scoping and arranging the audits, reviewing reports, discussing the findings with key stakeholders and following up on recommendations to ensure the timely implementation. To review all new and renewing lineslips and master policies to ensure that internal standards are met. To work alongside the Delegated Authority Assistant to maintain the Customer Relationship Management ('CRM') system, housing a central database for all third parties. To conduct quality control reviews of the other Senior Analysts within the Team to ensure internal standards are being met and identify areas of required training. To learn the different divisions and classes of business across the Company as managed by other members of the Team to be able to provide cover, as required. To assist the Delegated Authority Manager in ensuring that all relevant policies and procedures relating to the management of third parties are kept under regular review. To assist the Delegated Authority Manager with reporting on delegated authority arrangements to internal management committees on a quarterly basis. To attend market forums and meetings, where applicable, and stay up to date with the latest market correspondence, changes and practices. To provide Delegated Underwriting guidance and training as necessary to others in the company on compliance with regulatory and Lloyd's rules pertaining to the use of third parties and circulate information to key stakeholders within TMHCC International as appropriate. To provide co-ordination support for internal audit reviews. To complete ad hoc Compliance tasks and produce ad hoc reports as requested by the Delegated Authority Manager or Head of Delegated Authority. To build and maintain a strong relationship with all business units and the Lloyd's Delegated Authority Team. This should include setting up meetings with key stakeholders across the business involved in the Delegated Authority approval process. Performance Objectives: To learn TMHCC Internationals Delegated Underwriting procedures and perform the due diligence review process for new or renewing agreements to a high standard. To Manage Audit reports received in line with the DA Audit Framework. Discussing findings with key stakeholders and following up on recommendations to ensure timely implementation. Skills and Experience Specification: Essential: Experience of similar responsibilities in a delegated authority or compliance role within an insurance company. Attention to detail, excellent due diligence and investigative skills. Strong analytical, written and communication skills. Excellent organisation and time management skills. Strong interpersonal skills with the ability to communicate effectively with individuals at all levels of the business in a confident and professional manner. Self-starter and hardworking. IT literateDesirable: Experience within the Lloyd's Delegated Authority Market. Knowledge of the Lloyd's Delegated Authority Systems, e.g. Atlas, DCOM and DAM preferable. What We Offer The Tokio Marine HCC Group of Companies offers a competitive salary and employee benefit package. We are a successful, dynamic organization experiencing rapid growth and are seeking energetic and confident individuals to join our team of professionals. The Tokio Marine HCC Group of companies is an equal opportunity employer. Please visit for more information about our companies.The Tokio Marine HCC Group of companies is an equal opportunity employer. Please visit for more information about our companies.