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US Coverholder Auditor - Lloyd's Delegated Authority

G MASS · Remote, US only

Опубліковано 2 лист. 2026 р.

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G MASS Consulting are partnered with a leading global insurance services group, as they seek an experienced Coverholder Auditor to deliver audits of US coverholders on behalf of Lloyd's managing agents. The role covers end-to-end delivery of each audit, from planning and fieldwork through to the final report, against the Lloyd's audit framework and the LMA Coverholder Audit Scope. The client requires a seasoned delegated authority professional, ideally an ex-underwriter or claims manager, who can evidence every finding against the binding authority agreement. Responsibilities - Lead end-to-end audits of US coverholders on behalf of one or more Lloyd's managing agents, including Lloyd's coordinated audits, delivering approximately 2 full audits per month. - Review the binding authority agreement and the managing agent's audit scope, and issue tailored pre-audit information requests. - Conduct on-site and remote fieldwork, testing underwriting, claims, governance and controls against the terms of the delegated authority. - Hold wrap-up meetings with coverholder management to discuss initial findings. - Produce clear, evidence-based audit reports using a risk-based approach, with prioritised findings and recommendations to reduce risk and improve efficiency, linked back to the delegated authority agreement. - Record findings in Lloyd's Delegated Audit Manager (DAM) within the agreed deadlines, and support post-audit actions through to closure. Requirements - Strong knowledge of the Lloyd's delegated authority model, the Lloyd's coordinated audit framework, and the current LMA Coverholder Audit Scope and guidance notes. - A senior background as an underwriter, claims manager or delegated authority professional. - Proven ability to write clear, structured audit reports. - Confidence leading audits independently, with willingness to travel to coverholder sites. - US-based candidates, or those with experience of US coverholders, are strongly advantageous. - Spanish language skills are highly desirable; DCA or reinsurance audit experience, use of DAM and registration as a Lloyd's auditor are advantageous. Benefits Length: Initial 6 month contract Start: Immediate Office: Remote (US-based, or London-based delivering remotely), with travel to coverholder sites as required
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