Delegated Authority Technician

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Job description

Delegated Authority Technician - Global Lloyds Broker - up to \u00A350,000

Delegated Authority Technician - Global Lloyds Broker - up to \u00A350,000

Your new company
Your new job working as a Delegated Authority Technician means you will be working for a global (re)insurance group that operates across both the underwriting and broking sectors. Their success has been created from always looking to make insurance better. Due to the growth within the Delegated Authority division, a permanent position for a Delegated Authority Technician has arisen Your new role Your new role as a Delegated Authority Technician means, you will be responsible for ensuring DUA's across all approved &\/or new Classes of Business are established and controlled in accordance with group Delegated Authority Framework and Operational Procedures and within London Market and Lloyds DUA Code of Practice guidelines and standards. You will assist new business prospects seeking Agency status or to establish DUA arrangements, involving extensive internal & external stakeholder engagement, to achieve desired outcomes. Other duties will include drafting of templated and bespoke DA Agreements and Line slip wordings, as well as the oversight of the new Coverholder approvals, renewals and post approval changes including assisting key stakeholders. You will also monitor the processing of Risk, Premium, Claims bordereaux and Gross Written & Estimated Premium Income Limits, using Policy Administration Systems, addressing the development of system capabilities.

What you will need to succeed
Your previous experience working as a Delegated authority Technician will lead to your success in securing this role. Ideally you will be Cert CII Qualified or working towards and have 3 years minimum experience within a similar role. You will have experience in delegated authority business, preferably working in an insurance company or Lloyds syndicate, and experience of working within the London \/ Lloyd's insurance market, regulation, specifically relating to delegated underwriting authority. You will be confident stakeholder management skills to create positive new and continue established working relationships with both internal and external stakeholders. Strong communication skills face to face, written and verbal. You will have knowledge using Lloyd's tools such as Atlas, BAR, LM TOM DA SATS, SDC

What you'll get in return
You'll be offered a salary of up to \u00A350,000 DOE.You'll receive supports from Directors and Managers and you will enjoy working for global (re)insurance group, who offer personal growth and development.

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