Delegated Authority Expertise Specialist
2 days ago
Role Overview
This challenging role is a unique opportunity to contribute to the growth and success of Nashrock Insurance Recruitment. As a Senior Delegated Authority Claims and Claims Operations Specialist, you will play a critical part in overseeing and managing relationships with Third Parties and appointed experts.
Key Responsibilities:
- Claims Operations:
- Collaborate with the Claims Operations function to develop and implement "best practice" processes and technologies for the Claims team and wider business.
- Analyse and present data relevant to claims performance and operations.
- Assist with change projects involving claims operations.
- Delegated Authority Oversight:
- Oversee and manage the framework governing third-party relationships, including Delegated Claims Administrators and appointed experts.
- Maintain and manage the Risk Matrix for expert relationships.
- Manage contracts with experts and third parties, ensuring compliance with agreements.
- Monitor third-party adherence to SLAs using Delegated Claims Data.
- Oversee the due diligence process prior to contracting with experts and third parties.
- Coordinate audits and maintain audit records, including tracking recommendations.
Required Knowledge and Skills:
- Experience in data management, performance MI, and operational effectiveness in Delegated Authority teams.
- Familiarity with Lloyd's of London Delegated Authority regulatory compliance and minimum standards.
- ACII qualification (preferred) or a commitment to achieving this.
- General understanding of underwriting and reinsurance practices.
- Proficiency in Microsoft Office, particularly Excel and Power BI.
- Strong relationship management, numeracy, analytical, and communication skills.
- Ability to review and relate contracts to regulatory and company standards.
Salary: £60,000 - £80,000 per annum, depending on experience.
Company Overview:
Nashrock Insurance Recruitment is a leading underwriting organisation with a long-standing history and an outstanding reputation in the London Market. We are known for fostering a culture that empowers employees, values expertise, and supports professional growth.
Commitment to Flexibility and Inclusion:
We promote flexible working arrangements and are committed to Diversity, Equity, and Inclusion. We welcome applicants from all backgrounds and do not discriminate based on age, disability, gender reassignment, marriage or civil partnership, pregnancy or maternity, race, religion or belief, sex, or sexual orientation.
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