Risk Management Expert
3 days ago
Company Overview:
">- Rokstone, an established international underwriting MGA and Lloyd's of London coverholder, offers brokers specialised (re)insurance solutions.
We value applicants from all backgrounds and foster a culture of inclusivity. We understand the need for flexibility, so work in a hybrid model.
Role Summary:
">- We are seeking a Senior Delegated Underwriting Analyst to join our Operations Team in London, with 5 years of experience in the Delegated Authority space and end-to-end knowledge of Delegated Authority agreements.
This role requires strategic discussions to enhance portfolio performance, evaluating and negotiating delegated authority arrangements effectively, and ensuring compliance with regulatory requirements.
Key Responsibilities:
">- Take ownership of the company's delegated authority facilities, overseeing the renewal process and leading strategic discussions to enhance portfolio performance.
- Utilise advanced expertise to evaluate, negotiate, and manage delegated authority arrangements effectively, ensuring alignment with the company's strategic objectives and risk appetite.
- Lead the negotiation, placement, and ongoing management of retrocession agreements, ensuring optimal coverage and risk management.
- 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.
- Proven track record in managing Delegated Authority portfolios is preferred, with a demonstrated ability to handle complex renewals and negotiate favourable terms.
- Qualification in a related field (e.g., insurance, finance, business administration) is preferred.
Salary:
">£80,000 - £110,000 per annum, depending on experience.
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