Do you have a background in Delegated Authority?
Come and work with us as a Delegated Authority Analyst here at Markel
What part will you play? If you're looking for a place where you can make a meaningful difference, you've found it. The work we do at Markel gives people the confidence to move forward and seize opportunities, and you'll find your fit amongst our global community of optimists and problem-solvers. We're always pushing each other to go further because we believe that when we realise our potential, we can help others reach theirs.
Join us and play your part in something special!
The opportunity:
We have an exciting opportunity for a Delegated Authority Analyst to join the Markel team in our London office. The Governance & Delegated team at Markel International are responsible for the 1st controls of our International Delegated Authority in respect of underwriting across all divisions and delegated claims covering our Wholesale, State National Global, Global Re and Global Specialty Divisions. In addition, we provide assurance from a Product and Underwriting Governance perspective for Wholesale and State National Global divisions
What you'll be doing:
- Support the Delegated Authority Manager and Senior Delegated Authority Analyst by undertaking due diligence reviews of cover holders, dealing with referrals from the business whilst aligning with all internal policies, procedures and regulatory requirements
- Ensure any post-bind activities are undertaken efficiently and effectively in your role and the wider team
- Align and work closely with other members of the Due Diligence team to ensure that delegated authority due diligence covering delegated underwriting and claims is unified, undertaking delegated claims on-boarding activities where directed
- Support the Delegated Authority Manager and Senior Delegated Authority Analyst with the ongoing management of the Service Company Arrangements globally in line with the agreed procedures and standards
- Review line slip, consortium and master policy arrangements as required
- Provide insight and support to the cover holder audit team to ensure full cycle reviews of delegated authority business is effective
- Work closely with the Governance team to ensure that all regulatory requirements for Delegated business are adhered to and evidenced
- Liaise with the Underwriting Support Delegated data entry team to ensure that all bordereaux on cover holder business is of good quality and is received regularly
- Prepare information for the Delegated groups/committees or other organisations as needed
- Deputise for the Senior Delegated Authority Analyst or other senior team members as required
- Where required, provide administrative assistance and co-ordination support for internal/external audit reviews and other ad-hoc Governance & Delegated projects
Our must haves:
- Previous experience of working in Delegated Authority due diligence is essential
- Good understanding of Lloyd's and delegated authority requirements
- Good and effective communicator - open, honest, and respectful
- High level of accuracy and attention to detail
- Willingness to take responsibility and accountability in a collaborative manner
- Ability to deliver work on time to a set deadlines
- Good understanding of Microsoft Office, Word and Excel
- Effective partner management skills
Who we are:
Avencia Consulting are an RPO who provide a recruitment service to our client Markel International.
Markel Corporation (NYSE - MKL) a Fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world.
We're all about people | We win together | We strive for better | We enjoy the everyday | We think further
What's in it for you:
- A great starting salary plus annual bonus & strong benefits package...
- 25 days paid holiday plus Bank Holidays, with the opportunity to buy / sell extra leave
- Fantastic company pension scheme, private medical and dental cover, life assurance, travel insurance cover, income protection, season ticket loan as well as other great benefits on offer
- There are countless opportunities to learn new skills and develop in your career, and we can provide the support needed to do just that!
Are you ready to play your part?
Chose 'Apply Now' to fill out our short application, so that we can find out more about you.
Markel celebrates the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. Whatever your background, if you feel you meet the requirements of this role then we want to hear from you. We are also happy to consider candidates who are looking for flexible working patterns.
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.
We will ensure that individuals with disabilities are provided with all reasonable accommodations to be able to participate in the job application or interview process and to perform essential job functions if successful.