Insurance Partnerships Director

2 days ago


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

**Job Summary:**

We are seeking an experienced Insurance Partnerships Director to join our team at Lawes Consulting Group. 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:

  • Develop and implement strategies to allocate premiums among carriers, ensuring optimal revenue growth and risk management.
  • Build and maintain strong relationships with key stakeholders, including carrier partners, internal teams, and external partners.
  • Lead regular steering and review meetings to secure buy-in and persuade carriers to support their endeavors in achieving commercial goals.
  • Ensure the maintenance of existing underwriting capacity and its expansion to support our clients' corporate objectives.
  • Supervise the timely renewal of Delegated Authority Agreements (DAA) contracts and lead initiatives to augment underwriting capacity.
  • Exercise oversight and assume ultimate responsibility for ensuring that all activities under delegated authority are conducted in accordance with the terms of their DAA contracts.
  • Chair Product Committee and ensure that identified actions are implemented to ensure that technical outcomes meet established criteria.
  • Provide expertise to the Risk Committee and the broader organization on all aspects of perceived product risk.
  • Ensure timely compliance with all responsibilities identified by the Financial Conduct Authority (FCA) regarding product governance.
  • Collaborate closely with all departments to contribute to the achievement of corporate and departmental objectives and initiatives.

Requirements:

  • Proven experience in partnership management within global MGA/Delegated Authority frameworks, preferably within the realm of general insurance.
  • Robust technical skill set to effectively influence, manage, and guide critical insurance partnerships.
  • Expertise in owning and supervising delegated authority activities, including technical performance, claims management, underwriting, processing, governance, and reporting.
  • Sound knowledge of key risk management and general insurance principles, including familiarity with the UK/European/London markets.


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