Delegated Authority Due Diligence & Audit Consultant

We’re working with a leading Lloyd’s Syndicate to appoint a highly experienced professional to strengthen their delegated authority oversight team. This role will be responsible for the due diligence, onboarding, monitoring and audit of coverholders and TPAs – ensuring compliance with Lloyd’s Minimum Standards, FCA/PRA requirements and the Syndicate’s internal governance framework.

You will play a key role in safeguarding the business by managing delegated relationships end-to-end, from onboarding and risk assessment to ongoing performance oversight and audit remediation.

This is a hands-on role requiring excellent stakeholder coordination, a strong understanding of the delegated authority model and ideally experience with platforms such as PoloWorks, DCOM, and Atlas.

Key Responsibilities:

• Conduct due diligence on new and existing coverholders.
• Oversee coverholder/TPA audits and manage external auditors.
• Review and track audit findings and remediation actions.
• Maintain accurate records on systems (e.g. Atlas, DAM, DCOM).
• Ensure compliance with Lloyd’s Minimum Standards and regulatory frameworks.
• Support internal governance reporting and audit processes.
• Act as a point of contact for coverholder compliance queries.

Requirements

• Experience in delegated authority, compliance, or underwriting operations.

• Thorough understanding of
  We’re working with a leading Lloyd’s Syndicate to appoint a highly experienced professional to strengthen their delegated authority oversight team. This role will be responsible for the due diligence, onboarding, monitoring and audit of coverholders and TPAs – ensuring compliance with Lloyd’s Minimum Standards, FCA/PRA requirements and the Syndicate’s internal governance framework.
• You will play a key role in safeguarding the business by managing delegated relationships end-to-end, from onboarding and risk assessment to ongoing performance oversight and audit remediation.
• This is a hands-on role requiring excellent stakeholder coordination, a strong understanding of the delegated authority model and ideally experience with platforms such as PoloWorks, DCOM, and Atlas.

Key Responsibilities:

• Conduct due diligence on new and existing coverholders.
• Oversee coverholder/TPA audits and manage external auditors.
• Review and track audit findings and remediation actions.
• Maintain accurate records on systems (e.g. Atlas, DAM, DCOM).
• Ensure compliance with Lloyd’s Minimum Standards and regulatory frameworks.
• Support internal governance reporting and audit processes.
• Act as a point of contact for coverholder compliance queries.
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• Avoid targeting specific demographics e.g. gender, nationality and age
• No need to add a link to apply (one is added automatically)

Requirements

• The Lloyd’s delegated authority model and regulatory frameworks.
• Demonstrated experience conducting due diligence reviews and/or managing coverholder audits.
• Strong working knowledge of systems such as PoloWorks, DCOM, Atlas, and DAM.
• Strong attention to detail and risk awareness.
• Excellent stakeholder communication and coordination skills.
• Experience managing audits and third-party auditors.
• Understanding of international insurance regulation.
• Relevant professional qualifications (e.g. CII, ICA).

Benefits

Salary/rate to be discussed.