Risk Assurance Graduate Trainee (Delegated Authority Review) - Immediate Start London
- Competitive + benefits
- 1st September 2020
- Start date:
- Job type:
- Graduate job
OVERVIEW OF THE SERVICE LINE & TEAM
In Consulting, you will join a growing team of 300 relationship driven, strategic thinkers who take pride in the positive impact they can have on society whilst advising the boardrooms of UK and International clients across all sectors. Our Consulting teams support clients in solving business critical, complex problems through a broad range of services including risk assurance, technology advisory, business transformation, regulatory consulting and actuarial support. Our expertise ranges from financial services and insurance to retail, as well as the breadth of public services. In a rapidly changing business world, we help clients overcome the challenges that they face today and prepare for whatever the future may hold.
As a DAR Trainee you will be supporting the DAR team in projects and work on behalf of a large number of Lloyd’s Managing Agents and Company market insurers.
Your role will be focused around client, broker, Coverholder and TPA liaison and also in supporting the DAR team in providing clients with independent assurance with regards to the design and effectiveness of a Coverholder’s / TPA’s internal control processes and compliance with their delegated binding authority agreements (BAAs).
Your time will be split between working at Coverholder’s / TPA’s premises, working in the office and studying for your professional exams.
As a DAR Trainee, your typical daily duties will include:
Assist with the planning and logistical arrangements for each review;
Assist the DAR team auditors with the performance of underwriting or claim file reviews and transactional accounting fieldwork;
Shadowing the DAR Manager to gain a knowledge of the Insurance industry, the audit scope and building a knowledge of “best practice” and audit skills;
Feed into and discuss practical recommendations for improvements to systems and controls based on observations and best practice;
Responsibility for the DAR central mailbox and ensuring that client SLAs are met for all correspondence;
Assisting with the management of Lloyd’s reviews in the Lloyd’s AiMs system, and ensuring that all data within this system is up to date;
Frequent contact with the Central Admin Support and Invoicing teams to ensure smooth running of these functions;
Ensure sound knowledge of Coverholders / TPAs and their lines of business by researching background information;
Have an awareness of the various services provided by Mazars; and
Attend training courses as required.
Interpersonal skills; the ability to build client relationships with a foundation of trust and responsibility.
Analytical skills; the ability to think critically, research and solve problems.
Attention to detail and strong time-management skills.
Commitment to self-development & learning.
Affinity with our values; in particular, respect for individuals, diversity and integrity.
Strong academic performance is important so we know that you’re ready to take your professional exams. However, we understand things don’t always go to plan – so if you don’t meet our minimum requirements, please let us know if you have any exceptional achievements or extenuating circumstances which affected your results. We also consider your achievements in the context of your socio-economic background, so encourage you to submit your contextual information.
2.1 or above in any degree discipline
Minimum of 112 UCAS points. This is based on the new 2017 UCAS Tariff. You can calculate your UCAS points here.
Grade B or above in GCSE English Language and Maths.
We will fund for you to study towards the CII qualification.
You will receive a full study package to ensure that you successfully complete your professional qualification. This includes time off to study and complete online courses. Your professional qualification is only part of the story at Mazars; we support all of our trainees with a blended approach to training and development including classroom study, 1:1 coaching, and soft skills training.
You will be supported by a mentor and an appraising manager to keep your career and aspirations on track.
CULTURE & REWARD
DIVERSITY AND INCLUSION AT MAZARS
Mazars is committed to a 360 degree diversity approach, from building diverse leadership teams which reflect our clients and society, to creating an open, inclusive, culture where individual voices are heard. Our client-facing people can be required to travel regularly or may be based at client sites - our approach to agile working (see benefits) can help achieve a lifestyle balance without compromising on client service. We welcome applications from those returning to employment after a break from their careers. Visit our D&I page to see the ways we are driving diversity https://www.mazarscareers.co.uk/about-mazars/diversity-inclusion .
If you are interested in a career in professional services, we can offer you an exciting head start by joining one of our trainee schemes for school or college leavers.
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