Delegated Authority Manager

21 hours ago


London, Greater London, United Kingdom Nashrock Insurance Recruitment Full time

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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