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Auditor

Job purpose:

The Auditor will be responsible for organising audits of Lloyd's Coverholders with Delegated Authority Agreements and Third Party Administrator (TPA) Reviews in the United Kingdom, Republic of Ireland and Europe. This will include audit preparation, on-site fieldwork, drafting of the audit report and resolution of audit findings. Note: This is not an administrative position or financial auditing role.

Key responsibilities, duties and tasks:

• Communicate promptly and effectively with relevant parties (Managing Agents, London Brokers, Coverholders and Third Party Administrators) regarding scheduling, due diligence information required and file selection for the review.
• To plan, organise and carry out audits as per the arch.law audit plan. The audits focus on the processes and controls in all areas of the Coverholder/TPA including policy underwriting, finance and reporting, claims (where applicable), I.T., Information Security, Governance and Compliance.
• To carry out appropriate due diligence / on-boarding processes as may be requested to ensure the suitability of potential new business.
• Ensure audit issues are identified, communicated and reported accordingly.
• Quality report composition post review including finalising and collating reports as per varying client SLA deliverables and company requirements.

Key skills and experience:

• Strong grammar and writing skills (English).
• University degree, insurance qualifications or and equivalent professional experience.
• Minimum 3-5 years insurance experience in Claims, Underwriting and/or Broking.
• A good understanding of underwriting or claims processes.
• Knowledge of regulatory environment surrounding insurance products.
• Above average use of IT systems.
• Confident communicator - high functioning level of business writing in English.
• Ability to travel internationally is crucial.

Job Type: Full-time

Schedule:

• Monday to Friday

Job Type: Full-time

Pay: From £60,000.00 per year

Benefits:

• Company pension
• Life insurance
• Work from home

Work Location: In person