Job Title: Delegated Authority Audit Analyst
Location: London (Hybrid)
Salary Range: Competitive
Reporting to: Delegated Authority Audit Manager
Type: 12-month Fixed Term Contract | Hybrid
Overview
Support the delegated authority audit programme for a leading specialty insurer. This role operates the end-to-end audit process for Coverholders and Delegated Claims Administrators (DCAs), ensuring compliance with regulatory and internal standards (including Conduct/Consumer Duty, Compliance, and Financial Crime) and driving actionable insight back to the business.
Key Responsibilities
- Support annual and quarterly planning and scheduling of delegated authority audits.
- Analyse and process audit reports for Coverholders and DCAs; identify issues, track actions, and escalate per procedures.
- Communicate findings and recommended actions to internal stakeholders and market partners.
- Ensure external partners understand and comply with delegated authority, conduct, compliance, and financial crime requirements.
- Produce exception/ad-hoc MI and maintain accurate audit records, including auditor panel management and selection.
- Scope audits on a quarterly or ad-hoc basis and provide cover for fellow Audit Analysts as needed.
- Represent the organisation at relevant Lloyd’s/market forums where appropriate.
What We're Looking For
- Good knowledge of the Lloyd’s market, binding authorities, and Coverholder operations.
- Strong organisation and administration skills; confident user of Excel and Word.
- Analytical mindset with the ability to interpret audit findings and drive follow-up actions.
- Clear communicator who can influence stakeholders and manage competing priorities.
- Adaptable, self-motivated, and committed to continuous development.
Desirable but Not Essential
- Experience scheduling and scoping delegated audits.
- Exposure to auditor panel management and market forums.
- Familiarity with MI/reporting tools (e.g., Power BI) and document management systems.
About the Company
A well-established Lloyd’s market insurer known for technical strength, inclusive culture, and long-term partnerships. The business is investing in governance, data, and talent to support sustainable growth and high standards of conduct across its delegated authority portfolio.