Claims Delegated Authority Analyst

[Industry: Insurance | Type: Full-time | Level: Mid-Senior level] About UsAt Munich Re Specialty – Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this.At the heart of our success is a strong culture where people are encouraged to be present, bold and curious, allowing them to achieve their individual goals.Please see our website for more information.Claims Delegated Authority AnalystTo take a proactive approach to the management of delegated claims and look to uphold a quality claims service. To take account of applicable regulatory requirements.Responsibilities:Onboarding of new and existing claims DA relationshipsCreation of claims DA agreementsOversight of claims DA performanceResponsible for claims DA reportingResponsible for claims DA system upkeepAssisting claims DA manager with any project workLiaison with the necessary key stakeholders for claim audits and reviewing reportsAssisting claims DA manager with maintaining oversight of claims DA loss fundsAssisting claims DA manager with the upkeep of Lloyd's and Munich DA practicesHelp drive forward 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.Knowledge and Skills2 years of insurance experience.Good knowledge and understanding of:Underlying Principles of lnsurance;Legal Principles;FSA and rules and regulations;Lloyds regulations;Good knowledge of claims delegated authorities .Good knowledge of Lloyd's Standard Claims Reporting template (version 5.2).Good knowledge of market strategies.All firm specific procedures that relate to own role;Demonstrate growing understanding of the ...