Delegated Authority audit Analyst

New role in DA audit management which consists of 2/3 Coverholder and 1/3 DCA agreements, Assisting in analysis of audits, and ensuring that Coverholders and DCAs are operating appropriately.

Please read the following job description thoroughly to ensure you are the right fit for this role before applying.

• Supporting Audit Manager in the annual and quarterly review process for audit scheduling & preparation of the annual Coverholder and DCA audit plans.

• Analysing and processing audit reports for both Coverholders and DCAs, ensuring that issues are identified, followed up and escalated in accordance with DA Audit procedures.

• Communication with the business, and where relevant market stakeholders, to determine appropriate actions to be taken for each Coverholder and DCA.

• Assist with the monitoring the closure of audit assignments upon satisfactory conclusion, including but not limited to; participate in closing meetings, committee presentation, preparing high level documentation for discussion with and review by internal stakeholders.

• Scoping of audits for Coverholders and DCA’s on a quarterly or adhoc basis; including the agreement of audit fees in line with agreed procedures.

• Prepare, compile and submit monthly report of open and overdue audit recommendations to each underwriting division / team.

• Prepare and provide regular analysis and Management Information on audit plan progress,

You must have a solid understanding of DA processes within the Lloyds market. You may have come from a DA Claims role and want to move into DA Auditing or could be working as an auditor presently. You must be able to read and action Audit reports and act as a technical referral point. xwzovoh

The syndicate are going through a large transformation so your ability to support and work within change is essential.