Main purpose of the job:
Working closely with the DUA Manager you will help ensure all delegated arrangements operate within risk appetite and meet Lloyd ’s and regulatory requirements.
Supporting the management and monitoring of the Delegated Underwriting Authority (DUA) portfolio, as required by the DUA Manager and Chief Underwriting Officers of both trading platforms.
Key tasks:
- Oversee and manage the lifecycle of delegated authority business for specific classes of business which would include:
- Conduct comprehensive due diligence for new and renewing Lloyd's Cover holder applications to ensure alignment with internal appetite and Lloyd's Principles
- Perform technical reviews of Binding Authority Agreements, line slips, and consortia to guarantee procedural and regulatory compliance before and after they are bound.
- Maintain ongoing due dili...