Work alongside the Delegated Underwriting manager in the review and oversight of delegated authority arrangements. Assist in the delivery of Asta's Delegated Underwriting Policy & Process and provide managed syndicates with assistance and guidance on Delegated Underwriting Matters###
Key Responsibilities
Review and approval of due diligence information and delegated authority contracts for DUA business written by Asta's syndicates and managed MGAs.
Coordination of coverholder audits in the DAM system. Review of audit reports and follow-up of audit recommendations with managed syndicates.
Maintenance of records in the Asta DUA system
Responsible for the production of reports and MI management information (MI) for internal meetings and regular syndicate meetings.
Administration of Atlas tasks, entry of new binders on the Delegated Contract and Oversight Manager (DCOM), Delegated Audit manager (DAM) audit scoping, monitoring and providing support to syndicates on Delegated Data Manager (DDM).
Assist the DUA manager in the delivery of Asta's delegated authority oversight strategy in line with Lloyd's Minimum Standards
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Key personal and technical skills required
Key personal skills required
Communication: good interpersonal and written skills that enable the individual to build trust with senior members of managed syndicates, coverholders and brokers
Effective organisational skills and a proactive outlook in setting and prioritising work and meeting deadlines
Flexibility: A sense of perspective and commercial awareness
Able to work unsupervised, the role assumes a degree of autonomy
Good level of numeracy and attention to detail
Ability to work as an effective team member or as an individual, as circumstances dictate.
Key technical skills, knowledge and professional qualifications required
Current and relevant experience in a delegated underwriting role.
Good working knowledge of MS Office (or similar) programs, particularly Word and Excel
A good understanding of Lloyd's requirements for delegated underwriting arrangements, essential
Working knowledge of the structure and content of binding authority, lineslip and consortium agreements
Prior use of Lloyd's systems including Atlas, DCOM, DAM, DDM, Crystal and Risk Locator, essential
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About Asta
We are a specialist professional services and technology firm, working in partnership with leading insurance, highly regulated and global businesses.
We help our clients to manage risk, operate their core business processes, transform and grow. We deliver professional services and technology solutions across the risk and insurance value chain, including excellence in claims, underwriting, distribution, regulation & risk, customer experience, human capital, digital transformation & change management.
Our global team of more than 8,000 professionals operate across ten countries, including the UK & the U.S. Over the past ten years Davies has grown its annual revenues more than 20-fold, investing heavily in research & development, innovation & automation, colleague development, and client service. Today the group serves more than 1,500 insurance, financial services, public sector, and other highly regulated clients.
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