Coverholder Due Diligence Analyst
Role Overview
The analyst supports a client services business serving the London Market insurance sector.
The role sits within the delegated authority team and adds capacity for coverholder due diligence reviews during the run-up to 1 January and the renewal period.
Key Skills for This Role
Full Job Posting
Role overview
The analyst supports a client services business serving the London Market insurance sector.
The role sits within the delegated authority team and adds capacity for coverholder due diligence reviews during the run-up to 1 January and the renewal period.
Responsibilities
- Complete coverholder due diligence reviews, particularly renewals.
- Review ownership, financial standing, licensing, compliance arrangements and operational controls.
- Identify gaps, follow up on outstanding information and escalate risks for review.
- Liaise with coverholders, brokers and relevant client teams to progress reviews.
- Maintain accurate records and manage review deadlines throughout the renewal period.
Requirements
- At least two years of relevant experience in coverholder due diligence within the London Market.
- Good understanding of delegated authority arrangements and coverholder oversight.
- Experience reviewing due diligence submissions, identifying risks and documenting findings.
- Strong attention to detail and ability to manage competing deadlines during a busy renewal period.
- Clear communication skills and confidence engaging with internal and external stakeholders.
Contract duration
- The initial contract is six months.
Work arrangement
- Hybrid arrangement with three days per week in the office.
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