Delegated Authority Analyst

This role will be based in IGI’s London Office and will be situated in IGI’s Delegated Authority onboarding and renewals team.
It is an exciting time to be joining a growing delegated authority function and you will have the opportunity to support and influence Delegated Authority best practice and be part of a global team.
The successful candidate will have a background in the undertaking of Due Diligence and have proven onboarding experience of new Coverholders. Experience of TPA onboarding is advantageous as is experience in handling contracts of delegation and Line slips. Strong stakeholder management is required internally and externally.Job Description

Company Description

IGI - International General Insurance Co. Ltd. is a leading international specialist commercial insurer and reinsurer with a global portfolio of Energy, Property, Construction & Engineering, Ports & Terminals, Marine, Financial Institutions, General Aviation, Professional Indemnity, Casualty, Directors’ and Officers’, Legal Expenses, Political Violence, Contingency and Treaty Reinsurance. Registered in Bermuda as a limited liability company, with operational headquarters in Amman, Jordan and offices in London, Malta, Bermuda, Norway, Dubai, Kuala Lumpur and Casablanca, we aim to deliver outstanding levels of service to our clients and brokers. The company has a strong financial position, with a financial strength rating of "A-" (Stable) from Standard and Poor's, and an "A" (Stable) rating from A.M. Best. IGI seeks to maintain profitability through prudent risk selection and a diversified business model.

Key Responsibilities

• Undertaking Due Diligence on new Coverholders/TPA’s and following the onboarding policy framework

• Assessing Due Diligence information and making recommendations

• Identifying areas of concern in Due Diligence and all aspects of Delegated Authority risk and escalating accordingly

• Supporting annual Due Diligence, annual compliance and contract renewals

• Undertaking comprehensive written presentations to the Delegated Authority Committee

• Maintaining all information in a secure, presentable fashion

• Identify opportunities for improvement in respect of Due Diligence, Compliance and Onboarding in respect of emerging risks and regulation

• Supporting various related additional ad hoc requests and be open to supporting the wider DA team and business when required

• Adherence to the companies Delegated Authority framework at all times

Key Attributes & Professional Qualifications

• A minimum of 3 - 5 years experience working in Delegated Authorities

• Ideally Cert CII/Dip CII qualified

• A commitment to continue your own professional development and meet CPD requirements.

• Strong team player who is also able to work on own initiative

• Excellent attention to detail in order to identify risks and maintain accurate and secure records.

• Ability to work to deadlines, manage own priorities and perform well under pressure.