Senior Underwriting Governance Specialist
15 hours ago
We are looking for a Senior Underwriting Governance Specialist 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 supporting the Head of Delegated Authority in compliance matters, audits, Coverholder applications, and additional duties as the business and department grow.
Key Responsibilities:
- Assist the Head of Delegated Authority in ensuring compliance with all relevant regulatory requirements, industry standards, and internal policies throughout the reinsurance placement process.
- Support the Head of Delegated Authority in leading the negotiation, placement, and ongoing management of retrocession agreements, ensuring optimal coverage and risk management.
- Collaborate with underwriting teams, claims departments, and other relevant sources to prepare comprehensive reports on portfolio performance.
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: £55,000 - £75,000 per annum, depending on experience. We offer a dynamic culture that is rooted in the continuous desire of our people to learn and challenge themselves.
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