Senior Delegated Authority Specialist - London Hybrid

Nashrock Insurance Recruitment

Greater London

Hybrid

GBP 59,000 - 72,000

Full time

4 days ago
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Job summary

Nashrock Insurance Recruitment is seeking an experienced Delegated Authority professional for a London-based, hybrid role. You will manage the delegated authority lifecycle, from contracts to governance, ensuring regulatory compliance and collaboration with insurers and brokers.

The ideal candidate has 5+ years in delegated authority, with strong analytical skills and the ability to explain complex technical concepts to diverse teams.

Qualifications

  • 5+ years' experience working with delegated authority insurance and/or reinsurance agreements.
  • Strong knowledge of delegated authority arrangements and their technical requirements.
  • Experience of producing MRC Slips.
  • Experience with London Market Binding Authority and Lloyd's Coverholder application processes.
  • Strong analytical and problem-solving skills, with the ability to identify issues and opportunities for improvement.
  • Explain complex technical information to both technical and non-technical stakeholders.
  • Excellent attention to detail and organisational skills, with the ability to manage multiple priorities and deadlines.
  • Ability to work collaboratively across different teams and build relationships with stakeholders.

Responsibilities

  • Produce Binding Authority contracts, Reinsurance contracts, endorsements and other documentation throughout the delegated authority life cycle.
  • Provide technical support and guidance to internal teams across underwriting, compliance and claims.
  • Build and maintain relationships with key internal and external stakeholders, including underwriters, brokers and insurers.
  • Act as a key point of contact for delegated authority queries, issues and resolutions.
  • Ensure Placement and Delegated Authority frameworks are adhered to.
  • Assist Client Services and IBA teams with payments issues with the market and clients.
  • Support the wider team with ad hoc technical requirements and projects.

Skills

Delegated authority knowledge
Stakeholder management
Analytical skills
Communication skills
Problem solving

Job description

Nashrock Insurance Recruitment is seeking an experienced Delegated Authority professional for a London-based, hybrid role. You will manage the delegated authority lifecycle, from contracts to governance, ensuring regulatory compliance and collaboration with insurers and brokers.

The ideal candidate has 5+ years in delegated authority, with strong analytical skills and the ability to explain complex technical concepts to diverse teams.

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