Delegated Authority Analyst
Delegated Authority Analyst
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Job Description
We have the opportunity for a Delegated Authority Analyst to join our Delegated Authority department here at Tokio Marine Kiln. Reporting into the Delegated Authority Senior Analyst you will participate in the day to day and ongoing technical oversight of TMKs Delegated Authority Network ensuring that TMKs and Lloyds Coverholder Standards are met. You will manage the approval of new Delegated Authority relationships (Coverholders and DCAs) and embed Operational Risk Management into processes ensuring that business risks are identified reported and managed in accordance with TMK procedures.
This role includes responsibility for:
Managing administering and conducting the due diligence process for existing Coverholders and DCAs.
Managing the process for New Coverholders from initial notification of the opportunity through to gaining internal and Lloyds approval.
Conducting contract reviews to ensure the contract meets TMK standards and has the appropriate clauses for the business to be written. Contracts include Binding Authority Agreements Lineslips and Consortiums.
Communicating developments in delegated authority business to the appropriate stakeholders within and outside of the business.
Administering run-off procedures when a binding authority comes to an end.
Providing support for to the wider Delegated Authority department where required.
Presenting at internal committees and forums when required.
Escalation of Coverholder issues to the appropriate forums.
Ensuring fair customer outcomes & commerciality when decision making.
To have a clear understanding of the companys risk appetites in terms of delegated authority conduct and financial crime.
The successful candidate will have appropriate knowledge of Lloyds market and Delegated Authorities. They will have excellent organisational and administrative skills including the use of Microsoft Office. We are looking for someone with strong communication skills with a process driven mindset.
The successful candidate will be welcomed into the TMK family to help us further our purpose of enabling our clients to fulfil their ambitions whilst benefiting society and our people. We are committed to ensuring a safe open inclusive and empowering environment in which all of our people can thrive. All employees have the opportunity to join one or a number of inclusion network groups or take part in CSR and charitable activities. TMK is signed up to the Disability Confident Employer Scheme and we also accommodate flexible working subject to the TMK flexible working policy.
As an underwriting firm with over 140 years experience of protecting clients from changing risks we put our confidence in the ability and talent of our people. We aim to be a Good Company and this means being a great and inclusive company to do business with and being a great place to work. Our culture is founded on our core values of empowerment inclusion excellence integrity teamwork and innovation. We seek to recruit the best talent by endeavouring to reach diverse talent pools offering dynamic working arrangements and investing in development.
To make your experience as comfortable as possible please let us know if you require any reasonable adjustments or additional assistance during your application process. At Tokio Marine Kiln we are here to support you please be reassured that we will do all that we can to ensure that your specific needs are met. Please reach out to in confidence to discuss any specific assistance or requirements that you have.
If you encounter difficulties submitting your application please email.
If you are interested in this vacancy and would like to apply or find out more please follow the links to apply. You can also share this vacancy with your network using a number of social media platforms.
Required Experience:
IC
Employment Type
Full-Time
