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.

📌 Walk-in || MEGA Walkin DRIVE Senior Executive- Lloyds OF London (Broker TOBA) (Pune)
🏢 EXL
📍 Pune