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About the Role

We're looking to add a Delegated Authority Technician to our team in Leadenhall to proactively partner and foster relationships with our teams to ensure they have all the support they need to look after our clients effectively. Pro-actively support the business in the effective management of the underwriting agreements held, providing technical guidance and recommending controls to help ensure market standards are upheld, binder requirements are met and internal best practices are followed.

Responsibilities

Provide high quality and effective, technical and administrative support in relation to the management of new and existing underwriting agreements.
Draft and review underwriting agreements in accordance with internal standards and contractual and regulatory requirements, recommending amendments as needed.
Ensure any changes to underwriting agreements are documented and processed accordingly.
Assist with the approval and registration process of underwriting agreements using Lloyd’s and London Market tools.
Assist with Coverholder approvals and ongoing Lloyd’s compliance/due diligence requirements, ensuring accurate records are maintained.
Carry out system testing (UAT) to ensure new underwriting agreements, products and other system functionality have been programmed correctly.
Be responsible for the creation and upkeep of underwriting agreement manuals and other centrally held files.
Be responsible for the accurate and timely upkeep of the master underwriting agreement list/central database.
Assist in the risk/written bordereaux preparation process for review and distribution.
Assist with the coordination and organisation of capacity provider/carrier partner audits, responding to audit recommendations promptly.
Be responsible for the updating of internal trackers and other reporting mechanisms.
Produce reports/MI to assist key stakeholders in the management and oversight of underwriting agreements.
Respond quickly to ad-hoc requests from external and internal contacts.
Deal with multiple complex requests with similar priority and take a pragmatic approach to prioritisation.
Build and develop trusted relationships with Underwriters and Directors/Department Heads, acting under a Business Partner structure and working collaboratively across teams.
Perform other regular and ad-hoc activities/duties as required.
Meet the objectives set out in the End of Year Performance Review.
Complete a minimum of 15 hours of Continuous Professional Development annually.
Refer any matter beyond the level of an individual’s experience or authority to their line manager.

Requirements

Ideally educated to ‘A’ level, or equivalent, with strong GCSE, or equivalent, in maths.
Proven track record in a similar role.
Knowledge of binders and delegated authority practices.
Experience of Lloyd’s and London Market tools. (DCOM, ATLAS etc.)
Previous experience within either an independent or Broker-owned MGA preferred.
Broker technician experience advantageous.
Knowledge of RiskWrite advantageous but not essential.

Skills

Highly organised and self-motivated.
Ability to work under pressure as part of a small team.
Excellent communication skills.
Attention to detail and deadlines.
Ability to filter information, assess priorities and make informed decisions.
Ability to maintain and develop good working relationships at all levels.
Accurate record keeping.
Confident and able to work on own initiative and with limited supervision.
IT literacy including advanced skills in Word, Excel, PowerPoint, Outlook and other Microsoft Office applications.
Excellent problem-solving skills.

Location

London

Work Type

Full-time

Experience Level

Proven track record in a similar role

Education Level

A level or equivalent
Strong GCSE or equivalent in maths

Salary/Compensations

£Negotiable

Benefits

Benefits

About the Company

Founded in 1939 as a small, two-partner firm, Brown & Brown (NYSE: BRO) and our team of companies have grown into one of the world’s largest insurance brokerages while staying true to our foundation of trust, resilience and delivering results.
With a team that is as connected locally as it is globally, our high-performing, highly collaborative team delivers innovative risk and insurance solutions.
We look for individuals who embrace our culture, thrive in a collaborative environment, are driven to grow and succeed and are committed to always doing what is right.
With a unique culture built on integrity, superior capabilities and grit, we value teamwork, trust and courage.
We think of ourselves as a team, so we have teammates—not employees, and leaders—not managers.
Everything we do is about the greater “WE”—never “me.”
While diverse in abilities and experience, we are all connected through our core values, a commitment to our local communities and a shared mission—always doing what is best for our customers.

Equal Opportunity

We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.