
US Coverholder Auditor β Lloyd's Delegated Authority
Posted Nov 3

Posted Nov 3
This is a fully remote position, open to applicants in United Kingdom, +1 more country.
β’ Oversee comprehensive audits of US coverholders for one or more Lloyd's managing agents, which includes Lloyd's coordinated audits, achieving approximately 2 full audits each month.
β’ Analyze binding authority agreements and the audit scopes of managing agents, providing customized pre-audit information requests.
β’ Perform both on-site and remote fieldwork, assessing underwriting, claims, governance, and controls in accordance with delegated authority terms.
β’ Conduct wrap-up meetings with coverholder management to review preliminary findings.
β’ Generate clear, evidence-driven audit reports utilizing a risk-based methodology, highlighting prioritized findings and recommendations related to delegated authority agreements.
β’ Document findings in Lloyd's Delegated Audit Manager (DAM) within the established deadlines.
β’ Assist in the closure of post-audit actions.
β’ In-depth understanding of the Lloyd's delegated authority model, the Lloyd's coordinated audit framework, and the current LMA Coverholder Audit Scope and guidance notes.
β’ Senior-level experience as an underwriter, claims manager, or delegated authority expert.
β’ Demonstrated ability to produce clear and structured audit reports.
β’ Self-assured in independently leading audits.
β’ Willingness to travel to coverholder locations as necessary.
β’ Preference for US-based candidates or those with experience working with US coverholders.
β’ Proficiency in Spanish is highly desirable.
β’ Experience in DCA or reinsurance audits is a plus.
β’ Familiarity with using DAM is advantageous.
β’ Registration as a Lloyd's auditor is beneficial.
β’ Initial 6-month contract.
β’ Immediate start available.
β’ Remote working arrangement (either US-based or London-based while delivering remotely).
β’ Travel to coverholder sites as needed.
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