Delegated Authority Manager
21 hours ago
Job Description
We are seeking a highly skilled Delegated Authority Manager to join our team at Nashrock Insurance Recruitment. As a key member of our Claims function, you will be responsible for overseeing and managing relationships with Third Parties and appointed experts.
Key Responsibilities
- Delegated Authority
- 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.
Benefits
- Flexible working arrangements.
- Diversity, Equity, and Inclusion.
Estimated Salary: £70,000 - £90,000 per annum.
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