Our client, a highly respected Syndicate within the City are looking to recruit a Senior Delegated Technician to join their technical team.
The purpose of the role is to provide assistance and back-up to the Delegated Underwriting Authority Team to ensure that the Syndicate operates an effective monitoring and supervision control framework in respect of its portfolio of delegated underwriting contracts. Other duties involved in the role include the following:-
- Managing the Delegated Authority Compliance approval process.
- Working alongside the DUA Officer to complete ATLAS applications for changes to Coverholder authorisations.
- Ensuring binder and Coverholder mid-term changes are adequately assessed and approved in line with the ATL delegated authority procedures and Lloyd’s requirements.
- Providing advice to Underwriters in relation to delegated underwriting issues, liaising with the Delegated Authorities Officer as required.
You must have experience of working within Binding Authorities arena and must have a strong background within the Lloyd’s and London market. In addition, you must have a strong technical knowledge of the Lloyd’s requirements around binding authorities.