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OverviewGrade: 3Reporting to: Delegated Authority Compliance ManagerLocation: LondonAbout usIQUW is a speciality (re)insurer at Lloyds (Syndicate 1856) underwriting a diverse range of Property, Commercial and Speciality (re)insurance products from Cargo and Marine to Political Violence, Terror and War. We combine data, intelligent automation and human expertise to make smart decisions, fast.ERS is the UK''s largest specialist motor insurer with an A+ rating. We recognise that for some, motor insurance is more than just a must-have; it''s a way of taking care of what stands at the heart of their passion or livelihood. For those people, standard insurance isn''t enough. That''s why we work exclusively with motor insurance brokers to help get under the skin of the most difficult insurance risks, helping build products to meet their customers needs.The roleThe role of the Senior Delegated Authority Operations Analyst is vital to support the DA team with the successful implementation of IQUWs Delegated Authority strategy, with focus on service to Underwriters, due diligence and audit management.The purpose of the role is to support the IQUW delegated authority (DA) function, primarily Underwriters writing delegated authority arrangements within IQUWs Syndicate 218 and 1856, ensuring compliance with the companys Delegated Authority (DA) Framework.Key responsibilitiesIn line with the DA Framework provide full support to Underwriters and other relevant stakeholders by ensuring due diligence and ongoing monitoring is undertaken across all new and existing delegated authorities (Binding Authorities, Lineslips, Consortium and Delegated Claims Administrators (DCAs).To undertake all the steps of the IQUW audit policy and to ensuring the timely implementation of the annual audit programme for Coverholders and DCAs.Prepare governance and other performance reporting and insights of IQUWs delegated authority arrangements, including discussing KPIs with Underwriting and relevant stakeholder teams.To support the Delegated Authority Team with administrating the review process for all binding authorities, lineslips, consortium and DCAs falling within IQUW.To produce any DA regulatory and Lloyds returns as required and actions arising from market thematic reviews are embedded within the company.To build and maintain a strong relationship with all business units, particularly Underwriting teams.Qualifications, skills and experienceExtensive experience working in Delegated Authorities role within an insurance company, ideally within the Lloyds market.Attention to detail, excellent due diligence, and investigative skills.Strong analytical, written and communication skills.Developing and coaching junior members of the DA Team.IT literate with experience of third-party Lloyds management systems, including DCOM, DAM, Lineage, Atlas, Crystal, DDM, VIPRs Intrali & LWR.Strong Excel skills.BenefitsCompetitive Benchmarked Salary25 days holidayDiscretionary bonus schemeEmployee assistance programmeAnnual holiday buy (up to 3 extra days)Salary sacrifice benefitsAnnual benefits reviewsThe option for professional qualifications and study supportAdditional InformationA full job description can be seen here. #J-18808-Ljbffr