Insurance Partnerships Director

4 days ago


Cardiff, Cardiff, United Kingdom Lawes Consulting Group Full time
Job Title: Insurance Partnerships Director

At Lawes Consulting Group, we are seeking an experienced Insurance Partnerships Director to join our team. As a key member of our organization, you will be responsible for overseeing and managing our global network of carrier partners, ensuring their profitability, integrity, and sustainability.

Key Responsibilities:
  • Strategic Partnership Development: Cultivate and leverage key stakeholder relationships with insurance partners, ensuring the delivery of operational excellence and serving as the primary point of contact for any insurer inquiries.
  • Business Development: Spearhead the formulation and implementation of strategies to allocate premiums among carriers, ensuring the ongoing satisfaction of each carrier with the technical, financial, and operational performance of their partnership.
  • Carrier Management: Lead regular steering and review meetings to secure buy-in and, when necessary, persuade carriers to support their endeavors in achieving their commercial goals.
  • Underwriting Capacity: Ensure the maintenance of existing underwriting capacity and, whenever feasible, its expansion to support our clients' corporate objectives.
  • Delegated Authority Agreements: Supervise the timely renewal of Delegated Authority Agreements (DAA) contracts and lead initiatives aimed at augmenting underwriting capacity to encompass new products or markets.
  • Carrier Onboarding: Take ownership of and supervise all processes associated with onboarding new carriers.
  • Compliance and Governance: Exercise oversight and assume ultimate responsibility for ensuring that all activities under delegated authority, including carrier processing, underwriting, and technical outcomes, claims management, document issuance, and complaint handling, are conducted in accordance with the terms of their DAA contracts.
  • Product Committee: Chair Product Committee and ensure that identified actions are implemented to ensure that technical outcomes meet established criteria.
  • Expertise and Collaboration: Serve as a source of expertise, both internally and externally, in all aspects of perceived product risk and collaborate closely with all departments to contribute to the achievement of corporate and departmental objectives and initiatives.
  • Operational Excellence: Contribute to the enhancement of operational excellence through the documentation, optimization, and automation of processes within Partnerships and across the wider business.
Requirements:
  • Proficient in rapidly establishing rapport, forging trusted connections with stakeholders internally and externally across all levels.
  • Brings a wealth of experience in partnership management within global MGA/Delegated Authority frameworks, whether as an intermediary or carrier, preferably within the realm of general insurance.
  • Demonstrates expertise in owning and supervising delegated authority activities, including technical performance, claims management, underwriting, processing, governance, and reporting, with a proven track record of achieving high levels of quality and compliance under audit scrutiny.
  • Possesses sound knowledge of key risk management and general insurance principles.


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