Audit Analyst, Delegated Underwriting Authority

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Audit Analyst, Delegated Underwriting Authority

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ARCH EUROPE INSURANCE SERVICES LTDAudit Analyst, Delegated Underwriting Authority

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Audit Analyst, Delegated Underwriting Authority

role at

ARCH EUROPE INSURANCE SERVICES LTDWith a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility?.

Role

Summary and Purpose

To support the Delegated Underwriting Authority Audit Manager in overseeing the coverholder audit function of Arch UK

Key Tasks And Responsibilities

Assist in maintaining the coverholder audit scheduleAssist in the scheduling and scoping of auditsAssist in the review of audit reports and identifying required follow up actions to be issued to the coverholderMonitor the timely receipt of audit reports and record their findings and recommendations in Arch internal systems and Lloyd’s Delegated Audit Management system where requiredManage the DUA Audit mailboxLiaise with internal and external stakeholders to ensure remediation of findings and recommendations, updating Arch and Lloyd’s systems to assist with monitoring progressMaintain Arch approved auditors list and associated auditor Terms of Business AgreementsMaintain the Arch coverholder and binding authority management systemLiaise with Arch Compliance team where High Conduct Risk products are sold under binding authority arrangements

Role Requirements and Skills

An understanding of delegated authority contracts and the governance process around thesePrior experience undertaking audits and/or reviewing audit reports desirableMS Office, Excel intermediateDemonstrated project management skillsExcellent communications skills, both verbal and writtenStrong interpersonal and team working skills

Ability to review significant quantities of information, identifying and extracting key issues

Qualifications

Degree level education preferred, “A” Level education minimum or equivalent relevant professional qualificationStrong analysis and data processing skillsKnowledge of Lloyd’s structure and policies in delegated underwriting

Experience

At least one year’s experience working within delegated authorities, preferably within a delegated underwriting team.

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

14101 Arch Europe Insurance Services LtdSeniority level

Seniority level Entry levelEmployment type

Employment type Full-timeJob function

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