Claims Delegated Authority Assistant

Location London
Discipline: Claims
Job type: Permanent
Contact name: Matthew Gowan
Contact email:
Job ref: J3614
Published: about 2 months ago
Claims Delegated Authority Assistant London - flexible hybrid working Up to £55,000 A leading Reinsurance Group are seeking a Claims Delegated Authority Assistant to contribute towards the management of delegated claims, incorporating applicable regulatory requirements. Key Responsibilities & Accountabilities: • Onboarding of new and existing claims DA • Creation of claims DA agreements • Oversight of claims DA performance • Claims DA reporting • Claims DA system upkeep • Supporting claims DA manager with any project work • Supporting claims DA manager with claims DA audits • Supporting claims DA manager with maintaining oversight of claims DA loss funds • Supporting claims DA manger with upkeep of Lloyd’s and Group DA practices • Drive good Conduct for the business to deliver the best outcomes for customers / policyholders • Understand all appropriate lines of escalation and the responsibilities of the Product Conduct Risk Strategy Group (PCRSG), Underwriting & Claims Sub Committee (UCSC), ExCo and Board for Conduct Risk You will need to be able to display you have the following qualifications and experience: • Good knowledge and understanding of: Underlying Principles of Insurance, Legal Principles, FSA and rules and regulations, Lloyds regulations • Good knowledge of claims delegated authorities • Good knowledge of Lloyd’s Standard Claims Reporting template • Demonstrate growing understanding of the roles of colleagues and their relationships to the structure and business plans of the Firm • Willingness to continue to develop knowledge of policies, underwriting and related issues through formal and informal learning, both internally and externally to the firm • Be aware of the potential risks facing the business within own job role and the controls that are in place to mitigate them • 1-2 years insurance experience • MS Word, Excel, Outlook, PowerPoint, Project