01Overview
Hiring Requirement TOBA/Broker Management (DUMU)
Experience Criteria
Minimum 1+ year of experience in London Market nsurance, Delegated Underwriting, Broker Management, or TOBA Administration.
Experience in Broker Onboarding, Broker Renewals, TOBA issuance/amendments, and due diligence activities.
Exposure to Lloyd's / London Market processes preferred.
Experience working with Underwriters, Brokers, Compliance, and Operations teams.
Must-Have Functional Skills TOBA & Broker Management
Understanding of Terms of Business Agreements (TOBA).
Broker onboarding and setup activities.
TOBA issuance, renewal, amendment, and maintenance.
Review of broker documentation and regulatory information.
Broker due diligence and compliance checks.
Broker renewal tracking and monitoring.
Delegated Underwriting Knowledge
Basic understanding of Delegated Authority business.
Knowledge of Coverholders, Binders, and Binding Authorities.
Familiarity with Coverholder and Broker Management processes.
Experience supporting annual reviews and monitoring activities.
Understanding of Lloyd's regulatory requirements. Compliance & Due Diligence
Conducting desk-based due diligence.
Reviewing compliance documentation.
Financial and regulatory validation of brokers/coverholders.
Escalation of exceptions and risk findings.
Maintaining audit trails and documentation.
Preferred Systems Knowledge Candidates with exposure to any of the below should be given preference:
BRM (Business Relationship Management)
Lloyd's Atlas
OPUS
Eclipse
VIPR
DORT
Sanctions Screening tools
Delegated Authority platforms used within Lloyd's market
Key Competencies
Operational Skills
Solid attention to detail.
Ability to review legal/compliance documentation.
Data validation and reconciliation experience.
Exception handling and issue resolution.
Ability to manage multiple renewals and deadlines.
Stakeholder Management
Interaction with brokers and underwriters, need basis.
Effective written and verbal communication.
Client-focused approach.
Preferred Educational Background
Graduate in any discipline.
Insurance certifications (CII, Lloyd's certifications.) preferred.
General insurance or London Market exposure is highly desirable.
Interested candidates can walkin to the office for the interview. .
