Senior Delegated Authority Analyst

At Talbot and AIG, we are reimagining the way we help customers to manage risk. Join us as a Senior Delegated Authority Analyst to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.

Make your mark in Talbot

Talbot operates within the Lloyd's Insurance Market through Syndicate 1183 and Syndicate 2019.   With an expert team of highly skilled and experienced underwriters and a balanced, geographically diverse portfolio of business, Talbot has earned a reputation as an industry leading insurance specialist.

Talbot writes a diversified portfolio including Crisis Management, Energy, Financial Lines, Marine, Political Risk, Property and Terrorism.  Drawing on our deep industry expertise, Talbot develops tailored insurance solutions that address clients' evolving and often unique needs.

Syndicate 2019 provides Lloyd’s investors with access to AIG’s Private Client Select (PCS) portfolio.

Part of AIG since 2018, Talbot is committed to working with brokers and clients to deliver industry leading solutions.  It is headquartered in London with offices in New York and Singapore.

How you will create an impact

This is a senior role within the existing DA team to support the DA Manager

This includes, but is not limited to:

Development work on current processes

Development work within the bordereaux management processes

Design improvement to current reporting

On-boarding new Coverholders and Delegated Claims Administrators

Reviewing new business submissions to ensure proposals align with Talbot’s strategy and appetite, ensuring appropriate sign-offs are received

Work collaboratively with the Senior Claims Delegated Authority Analyst to ensure Talbot’s compliance with its Claims Delegated Authority Framework and Lloyd’s Principles for doing business

Ongoing monitoring of Coverholder  and DCA performance

Periodic due diligence reviews of Coverholders and Delegated Claims Administrators, in line with the relevant framework

Undertake reviews of Binding Authority Agreements and Delegated Claims Administrator contracts

Assist in the administration of Delegated Authority Audit Programme, including scheduling and scoping of audits

Analyse audit reports, agree recommendations with internal stakeholders and track recommendations through to completion

Liaise with internal and external stakeholders including but not limited to Underwriters, Claims Adjusters, Brokers, External Auditors, Lloyd’s

Support the Product Governance process

Prepare committee packs and attend internal committee meetings where required; You may be expected to present at Committee Meetings when requested by either the Head of Underwriting Management or by the DA Manager

Escalation of Delegated Authority breaches to appropriate forums

Provide technical advice to internal stakeholders on Delegated Authority matters

Develop and maintain effective relationships with Underwriters and other internal stakeholders

Assist in the mentoring of other members of the DA team

You will be expected to provide training throughout the business, with the support of the DA Manager, this will include Lineslip training with both internal and external requirements

What you’ll need to succeed

Experience of Delegated Authority Practices, essential that there is significant knowledge of Lloyd’s processes/Regulatory requirements

Excellent attention to detail

Excellent stakeholder management skills

Knowledge of Conduct Risk and Product Oversight

Ability to manage workload, multi-task and work to tight deadlines

Proactive attitude and good problem-solving skills

Excellent communicator that has the ability to present to a Senior Management level

Ready to take your career to the next level? We would love to hear from you.