Audit Analyst, Delegated Underwriting Authority

Audit Analyst, Delegated Underwriting Authority page is loaded Audit Analyst, Delegated Underwriting Authority Apply remote type Hybrid Working locations London, United Kingdom time type Full time posted on Posted 30+ Days Ago job requisition id R25_493With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility.Overview

Role Summary and PurposeTo support the Delegated Underwriting Authority Audit Manager in overseeing the coverholder audit function of Arch UKResponsibilities

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 arrangementsRole 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 skillsAbility to review significant quantities of information, identifying and extracting key issuesQualifications

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 underwritingExperience

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 LtdArch Capital Group Ltd. is a Bermuda-based specialty insurer that provides insurance, reinsurance and mortgage insurance on a worldwide basis. With a 20+-year track record of delivering results and a coveted position on the SandP 500 index, Arch is a great place to grow your career.Arch Capital Group Ltd. (Arch) and its affiliates take your interest in working here very seriously.Please be vigilant to fraudulent activity if you receive a communication or email asking you to submit any personal information. Do not send money or pass any details to someone suggesting they can provide employment with Arch. You should only enter your information into our official career portal.Please know the following about our interviewing and hiring practices.We never make job offers without a formal, in person, interview process.We never ask you to send money of any ..... full job details .....