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Lloyd's

Delegated Authority (Contractor) Financial Risk

Posted 3 Days Ago
Be an Early Applicant
In-Office
London, England
Senior level
In-Office
London, England
Senior level
The role involves overseeing Delegated Authority business within Lloyd's, ensuring risks are managed, and delivering assurance reporting to stakeholders.
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Lloyd’s is the world’s leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market’s brightest minds, working together for a braver world. 

 

Our role is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks.  

 

Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that’s more sustainable, resilient and inclusive, you’ll find a home at Lloyd’s – build a braver future with us. 

Lloyd’s are recruiting for a Delegated Authority Contractor on a 3 Months basis on a day rate.

All roles within Lloyd’s have an integral part to play in the achievement of the Strategy: Lloyd's becoming a brand that is globally admired and recognised and respected for its reputation as the world's specialist centre for (re)insurance. Lloyd's will be known around the world for its integrity and will be a place where talented, diverse and socially responsible employees feel proud to work. Risk & Regulatory is critical to Lloyd’s achieving its long term aims by ensuring risks to the strategy are effectively identified, assessed and managed within risk appetites set by the Council.

Skills, Knowledge and Experience

Proven underwriting background within the Lloyd’s market, with direct experience of writing and overseeing Delegated Authority business, including broker facilities, binders, coverholders and TPAs.

Practical understanding of how delegated underwriting operates, with the ability to assess oversight effectiveness from a practitioner perspective.

Demonstrable knowledge of Lloyd’s Principles-Based Oversight (PBO) framework and how it applies to Delegated Authority business.

Experience operating at a senior level within underwriting, underwriting management, DA governance or assurance functions in a Lloyd’s context.

Ability to evaluate governance, control frameworks and risk management through a second line / assurance lens while grounded in real underwriting practice.

Analytical capability, including review of underwriting MI, wider business outputs and performance measures to form evidence-based conclusions.

Excellent written and verbal communication skills, with experience delivering clear, professional assurance reporting to senior stakeholders.

Able to work as part of a team, apply sound judgement and deliver high-quality outputs within tight timelines.



Diversity and inclusion are a focus for us – Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in.  One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments, we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development. You can read more about diversity and inclusion on our website. 

 

We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility.  Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc).  These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes.  

By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems. 

Should you require any additional support with your application, or any adjustments, please click the following link;

https://cleartalents.com/apply/lloyds-msa1645695881

Please note, clicking on this link does not register your application for the vacancy
HQ

Lloyd's London, England Office

One Lime Street, London, United Kingdom, EC3M 7HA

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