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This role, within the Delegated Authority Practice, is a fantastic opportunity to develop into a growing team based in both London and Cheltenham, with responsibilities across services, audit and consulting. The Delegated Authority Analyst will have exposure to the end-to-end delegated authority lifecycle along with client facing duties and collaboration with other Polo teams, including Claims. This role is a great opportunity for those interested in joining an inclusive and well-respected organisation and could be suited to a graduate with an interest in the insurance market and Lloyd’s, or applicants at the start of their insurance career.
Job Responsibility:
Co-ordinating Coverholder and Delegated Claim Administrator due diligence, ensuring that all files are complete and up to date
Assisting with the co-ordination of external audits and managing the process through to closure of audit findings
Liaising with insurers, Coverholders, audit firms and brokers to ensure that approvals and renewals are processed in line with SLAs
The preparation of renewal slips and endorsements
Production of reports and meeting packs
Reviewing reports and chasing of outstanding queries
Assisting with client proposals
Ensuring all activities are completed in line with client expectations, regulatory requirements and best practices
Requirements:
An entry level understanding of delegated authority or Lloyd’s requirements
System savvy, preferably with knowledge of market systems including Atlas, DCOM, DAM, DDM, Crystal and Risk Locator
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
Commitment to complete the Chartered Insurance Institute exams to a minimum of Certificate level
Demonstrates behaviours aligned to the Polo Works PRIDE values
What we offer:
Discretionary annual bonus
Minimum 24 days of annual leave (with the option to buy more)
Flexible, hybrid working
Private health insurance
Life assurance
Income protection
Enhanced pension contributions
Occupational maternity and paternity pay
Company volunteering days
Electric Vehicle (EV) leasing scheme
Employee assistance programme with retail discounts and savings