Delegated Authorities & Compliance Technician

Job Type:
Permanent
Job Sector:
General Insurance
Region:
London
Location:
London
Salary:
£30,000 to £50,000 per annum
Posted:
27/08/2019
Recruiter:
AMC Insurance Appointments Ltd
Job Ref:
A/19730

We are looking for someone with reasonable delegated authorities experience, who is keen to work in a growing specialist DA Lloyd’s broker. Whilst broker experience is preferred, DA experience gained at a managing agent or at the Corporation of Lloyd’s would also be considered.

As a member of the Delegated Authorities and Compliance Team, the purpose of this role will be to process Regulatory, Compliance and Audit requirements in accordance with agreed procedures and protocols. Specific duties to include:-

Audit
• Liaising with the auditor and Coverholder to confirm audit dates
• Reviewing audit report and recommendations; liaising with the syndicate relative to any inaccuracies
• Forwarding recommendations to the Coverholder with appropriate comments and if necessary guidance
• Ensuring recommendations are complied with in an appropriate time frame.

Compliance
• Processing information on Atlas such as Coverholders annual compliance and updating financials and licences for all Coverholders
• Researching websites to obtain Coverholder licences
• Annual compliance return processing for all Coverholders/PINS at various times when falling due with Lloyd’s
• Coverholder applications – assisting the applicant with their application in terms of reviewing it in preparation for it being reviewed by the sponsoring MGA and Lloyd’s
• Client and Market TOBAs
• New Clients due diligence and New Market due diligence

Previous experience in a compliance / regulatory role within the London Insurance market is essential for consideration in relation to this role – ideally with some exposure to USA and Canadian Binder business.

Contact Details:
AMC Insurance Appointments Ltd
Tel: 020 7621 1800
Contact: Chris Croucher
Email:

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