Delegated Authority Business Partner

Posted 7 Hours Ago
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London, Greater London, England, GBR
In-Office
Junior
Insurance • Agriculture
The Role
Supports delegated authority onboarding, contract reviews, stakeholder queries, service delivery administration, bordereaux processing, conduct risk compliance, product oversight, and management reporting. The role coordinates with underwriters, claims teams, brokers, coverholders, internal departments, and offshore teams while identifying trends and process improvement opportunities. Candidates need London Insurance Market experience, strong reporting and communication skills, and familiarity with Lloyd’s delegated authority processes. Progress toward ACII is preferred.
Summary Generated by Built In

Job Description

Are you looking for your next opportunity?


Sompo has a unique opportunity for a Delegated Authority Business Partner in our Delegated Authority team.


Our Delegated Authority team plays a key role in supporting the efficient and compliant oversight of delegated authority business across the organisation. Working closely with underwriters, claims teams, brokers, coverholders, and other third parties, the team helps ensure strong operational delivery, effective governance, and a high standard of service across delegated authority and conduct activities.


Location: This position will be based out of our London office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.


Our business, your impact, our opportunity:


What you’ll be doing:

  • Support all Delegated Authority onboarding activity, including coordinating pre-inception due diligence and engaging with underwriters, claims managers, brokers, coverholders, and other delegated authority holders to ensure the timely completion of questionnaires and approval processes.
  • Review delegated authority contracts to help ensure appropriate terms are in place, working closely with Underwriters, Claims, Brokers, and Coverholders.
  • Act as a key contact for delegated authorities, claims managers, and underwriters, managing queries and liaising with relevant internal departments to support efficient resolution.
  • Provide day-to-day administrative support to maintain delegated authority service delivery, including monitoring service levels, bordereaux processing, and the dissemination of performance and regulatory information linked to claims service delivery and Conduct Risk compliance.
  • Support conduct-related activities, including product oversight procedures, product reviews, and the ongoing application of delegated authority governance requirements.
  • Produce and analyse regular management information and team reporting, identifying trends, issues, and opportunities for process improvement while working collaboratively with offshore team members and wider stakeholders.

What you’ll bring:

  • Familiarity with Lloyd’s market operational processes and a good understanding of delegated authority administration within the London Insurance Market.
  • Strong attention to detail, with the ability to review detailed reports and summarise key information clearly for stakeholders and management.
  • Excellent communication and stakeholder management skills, with the ability to build effective working relationships internally and externally.
  • A collaborative approach to working, including the ability to coordinate effectively with remote and offshore teams.
  • Minimum of 2+ years’ experience in the London Insurance Market in an operational, reporting, or support role.
  • Progression toward ACII is preferred, or a willingness to undertake professional study while in role.

At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.


Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms.  The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.


We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. 

Below is a summary of some of the benefits we offer, which may vary depending on the country:


  • Health & Wellness Benefits
  • Retirement & Savings Plans
  • Global Parental Leave & Adoption Assistance
  • Employee Assistance Program
  • Tuition Reimbursement & Professional Qualification benefits

 

Who we are and what we stand for:

At Sompo, our shared purpose is to create meaningful value for clients, communities, and each other. We strive to foster a workplace where everyone feels respected, included, and empowered to excel. As a global organization, we embrace diversity and champion equal opportunity. Guided by our core values—Accountability, Agility, Collaboration, Development, and Integrity—we build trust and support one another to achieve our goals worldwide.


Life at Sompo | Sompo


Our values come to life in how we hire and grow talent. Employment decisions are based on qualifications, merit, and organizational need, and we strive to ensure equitable access to opportunities so everyone can do their best work. If you need an accommodation for any part of the application process, please contact the recruiter in charge.

Skills Required

  • Minimum 2+ years of experience in the London Insurance Market in an operational, reporting, or support role
  • Familiarity with Lloyd’s market operational processes
  • Understanding of delegated authority administration within the London Insurance Market
  • Strong attention to detail and ability to review reports and summarize information
  • Excellent communication and stakeholder management skills
  • Ability to collaborate and coordinate with remote and offshore teams
  • Progression toward ACII
  • Willingness to undertake professional study while in the role
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The Company
HQ: Hamilton
314 Employees
Year Founded: 2020

What We Do

As one of the leading writers of crop insurance in the United States, AgriSompo North America blends extensive industry experience with cutting-edge software development to provide powerful, proactive agricultural risk management for the nation’s farmers and ranchers.   We operate within a culture of integrity, and a deeply rooted belief that collaboration, agility, and stellar customer service are crucial to long-term success. Our nationwide network of independent crop insurance agents provides direct and customized options to fit each producer’s needs, with solutions ranging from traditional multi-peril, crop hail, and livestock insurance to highly innovative and unique private products.

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