Edenbrook
Delegated Authority Analyst
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The DUA Analyst manages and optimises The Business's Delegated Underwriting Authority (DUA) and binder operations. The role is responsible for delivering high-quality data management, robust bordereaux validation, and comprehensive reporting across our binding authorities. Acting as a key bridge between broking teams, Coverholders, and Managing Agents, this position ensures full compliance with market standards while driving operational efficiencies through system administration and innovative API integration projects.
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Key Responsibilities
- Prepare new and renewal Delegated Underwriting Authority contracts (binders) alongside broking teams, ensuring technical precision before presentation.
- Review team members’ draft binders meticulously prior to broker or underwriter review.
- Draft endorsements for existing binders, submit slips/endorsements to Velonetic, and process DCOM submissions.
- Maintain clear communication channels with Coverholders and Managing Agents regarding placement needs.
- Manage Atlas platforms on behalf of Coverholders to guarantee Annual Compliance.
- Independently investigate and clear complex Velonetic processing queries, supporting team members with technical bottlenecks.
- Validate that all incoming datasets adhere strictly to mandated Lloyd's 5.2 Reporting Standards.
- Upload and validate written, premium, and claims bordereaux in Intrali (Vipr), writing new system validation rules for complex contract terms.
- Prepare LPANs, process paid bordereaux onto Novus, and execute peer review sign-offs before data transfers to the accounts team.
- Build monthly paid and claims bordereaux tracking 4 years of account, updating templates for market changes.
- Create LORS entries for offshore processing teams to guarantee efficient remittance back to reinsurers.
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