Underwriting Strategy and Compliance Lead
3 weeks ago
Rokstone Underwriting is an established international underwriting MGA and approved Lloyd's of London coverholder.
We house specialist MGAs such as Novus, iSure, and iFarm, each contributing to our commitment to redefining industry standards.
The Company offers a competitive benefits package via a flexible benefits platform, where employees can tailor their benefits according to their individual needs.
Role Summary:
We are seeking an Underwriting Strategy and Compliance Lead to join our Operations Team in London.
This role requires a minimum of 5 years of experience in the Delegated Authority space, with a strong preference for candidates possessing end-to-end knowledge of Delegated Authority agreements.
The successful candidate will be responsible for developing and implementing strategies to enhance portfolio performance and ensure compliance with all relevant regulatory requirements, industry standards, and internal policies.
Key Responsibilities:
- Develop and implement strategies to enhance portfolio performance, including bordereau management, IBA, claims, compliance, exposure management, and various underwriting teams.
- Collaborate with underwriting teams, claims departments, and other relevant sources to prepare comprehensive reports on portfolio performance.
- Ensure compliance with all relevant regulatory requirements, industry standards, and internal policies throughout the reinsurance placement process.
Requirements:
- 5 years of experience in the Delegated Authority space, with a strong preference for candidates possessing end-to-end knowledge of Delegated Authority agreements.
- Experience in reinsurance, specifically with a focus on binders, delegated authorities, and retrocession contracts.
- Strong knowledge of the London insurance and reinsurance market, including an understanding of market practices, key players, and regulatory frameworks.
Estimated Salary: £65,000 - £85,000 per annum, depending on experience. We offer a collaborative and dynamic work environment that fosters professional growth and development.
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