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Delegated Authority Technician

Posted 5 January by MW Appointments Ended

Delegated Authority Technician City to £35,000

About the Role:
Work within Delegated Authority team providing assurance to the company that all forms of delegated authority are being underwritten, registered, processed, managed and audited in accordance with the agreed Delegated Authority and audit policies.

Main Responsibilities:
·Pre & post contract checks for lead coverholders, binders, master policies and consortium (and lineslips where required) to ensure in line with Delegated Authority policy.
·Oversee ongoing due diligence of coverholders, brokers - including chasing brokers, Coverholders and relevant TOBA's.
·Completion of new Class of Business, regional and branch applications.
·Support the Delegated Authority Manager and Technician Manager with new coverholder approvals, applications, DDMA's and permitted lead where appropriate.
·Conduct Risk Coverholder Segmentation reviews.
·Draft direct dealing contracts & any endorsements as and when required/requested.
·Interaction with Atlas and BAR.
·Peer Review of contract checks
·Collation of CHMC pack and administrative activities associated with this committee.
·Responding to Xchanging queries on direct business.
·Assessment of coverholder policy and procedures.
·Assist in the management of the internal process manual for technical area of DA
·Assessment of coverholder policy and procedures.
·Liaise with outsource partners and undertake sample peer review when required/requested.
·Provide assistance to underwriters as required in relation to other aspects of delegated authority including technical advice, coverholder approval and binding authority audit reviews.
·Scoping and review of audits for existing coverholders under the oversight of the Delegated Authority Manager and Audit & Conduct Analyst.
·Manage and maintain the TOBA process for brokers.
·Organise the workflow management system and allocate it to the appropriate technician.

Skills and Experience:
·Experience of delegated authority practices
·General insurance knowledge
·Experience of drafting and checking binding authority contracts

Please quote reference 5824

MW Appointments is acting as an Employment Agency in relation to this vacancy.

Reference: 33784395

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