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About the Role
This role involves overseeing the Delegated Authority function for a leading global reinsurer, focusing on Company and Syndicate business across EMEA. The position requires managing relationships with Coverholders and MGAs, ensuring compliance through due diligence and audits, and serving as a key point of contact for escalations and issue resolution. It offers the opportunity to influence the evolution of the operating model and includes first-line people management responsibilities.
Responsibilities
- Own the relationship with a portfolio of Coverholders and MGAs, running due diligence, onboarding and annual review to keep them compliant with governance standards
- Lead operational and compliance audits across delegated partners, chasing resolution on findings and holding partners to service and regulatory standards
- Manage day-to-day oversight of Binding Authorities and Line Slips, including SLA performance and outsourcing arrangements
- Ensure the data and reporting produced by delegated partners is accurate and fit for purpose, resolving quality issues as they're identified
- Own the department's policy and procedure documentation, keeping it current as processes evolve
- Sit on relevant risk and delegated underwriting committees, representing operations in wider business discussions
- Identify and lead improvements to the operating model, balancing BAU delivery with change work
Requirements
- Solid P&C insurance background with a genuine understanding of underwriting operations and file management
- Experience building or evaluating operational controls
- 3+ years' experience in insurance operations or delegated authority specifically
Work Type
- Contract
Experience Level
- 3+ years
About the Company
- Leading global reinsurer