Delegated Authority Manager
This job is no longer available.
INTL Product Manager, UW - UW08YZ
We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future.
This role will be based in London, UK and you are required to have the necessary right to work details prior to application.
Purpose of Job
Oversee and manage the operation of the Delegated Authority Framework for The Hartford International (HIG), working with key stakeholders to ensure the process remains up to date and effective
Reporting Relationships
- Reports directly to the Underwriting Performance Manager
- Supervisory responsibility for the Delegated Authority Analysts
- Works closely with the GS Underwriting Team
- Member of Delegated Underwriting and Claims Committee and Underwriting and Claims Committee
Job Responsibilities & Competence
- Work with the International Product & Underwriting Quality Lead to ensure Delegated Authority procedures remain current, effective, and aligned to Lloyd's requirements, regulatory expectations, and internal underwriting governance and risk appetite
- Own and oversee the end-to-end approval and onboarding process for Delegated Authority arrangements, ensuring compliance with defined standards, with clear tracking, escalation, and resolution of outstanding actions
- Develop, maintain, and execute a risk-based Coverholder audit plan, ensuring audit findings are reviewed, challenged where appropriate, and remediation actions are tracked to completion with clear accountability
- Ensure timely receipt, completeness, and accuracy of delegated data (e.g. bordereaux and exposure data) in collaboration with Operations, including enforcement of escalation protocols for late, incomplete, or poor-quality submissions
- Oversee the effective use and governance of Lloyd's systems (e.g. Atlas, DAM, DCOM), ensuring required tasks, approvals, and compliance activities are completed accurately and within required timeframes
- Produce and continuously enhance management information and exception reporting for DUCC, including clear articulation of data gaps, control breaches, performance issues, and emerging reputational or regulatory risks
- Lead ongoing monitoring of Delegated Authority arrangements, including:
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- Performance against business plans and risk appetite
- Resolution of subjectivities and post-inception changes
- Identification and management of underperforming or high-risk Coverholders
Qualifications and Capabilities
- Knowledge of general insurance and its underlying principles
- Ability to develop and sustain relationships with internal and external customers
- Ability to prioritise and organise workload and follow through on tasks/projects
- Team player with ability to work on a stand-alone basis
- Good communication skills and ability to deliver technical training
- Logical, analytical and resourceful with good attention to detail
- Strong IT Skills - MS Office, Excel in particular, underwriting systems (Subscribe), bordereaux management tools, document repository and workflow systems, Lloyd's tools (Atlas, Crystal, BARS, AIMS)
- Significant progress towards ACII preferred
Experience
- Must have experience in delegated authority business, preferably working in an insurance company or Lloyd's Syndicate in a role with responsibility for Delegated Authority oversight.
- Experience of working in an office environment, often under some pressure
- Experience of identifying and implementing process improvements
- Experience of working to deadlines and managing other's priorities.
Perks and Benefits
Health and Wellness
- Health Insurance
- Health Reimbursement Account
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short-Term Disability
- Long-Term Disability
- On-Site Gym
- Mental Health Benefits
- Virtual Fitness Classes
- Fitness Subsidies
- FSA
- HSA
Parental Benefits
- Birth Parent or Maternity Leave
- Non-Birth Parent or Paternity Leave
- Fertility Benefits
- Adoption Assistance Program
- Family Support Resources
- Adoption Leave
Work Flexibility
- Hybrid Work Opportunities
- Remote Work Opportunities
- Flexible Work Hours
Office Life and Perks
- Commuter Benefits Program
- Casual Dress
- On-Site Cafeteria
- Company Outings
- Holiday Events
Vacation and Time Off
- Paid Vacation
- Paid Holidays
- Volunteer Time Off
- Personal/Sick Days
Financial and Retirement
- 401(K) With Company Matching
- Stock Purchase Program
- Performance Bonus
- Relocation Assistance
- Financial Counseling
- Profit Sharing
Professional Development
- Internship Program
- Leadership Training Program
- Associate or Rotational Training Program
- Tuition Reimbursement
- Promote From Within
- Mentor Program
- Shadowing Opportunities
- Access to Online Courses
- Lunch and Learns
- Learning and Development Stipend
Diversity and Inclusion
- Employee Resource Groups (ERG)
- Diversity, Equity, and Inclusion Program
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