Senior Delegated Underwriting Lead

4 weeks ago


London, Greater London, United Kingdom Rokstone Underwriting Full time
About the Role

We are seeking a highly skilled Senior Delegated Underwriting Analyst 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.

Key Responsibilities
  • Take ownership of the company's delegated authority facilities while overseeing the renewal process in collaboration with the teams DA Analyst, ensuring timely and accurate placement of all facilities. Lead 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 while sharing knowledge in best practices with existing team members.
  • Ensure compliance with all relevant regulatory requirements, industry standards, and internal policies throughout the reinsurance placement process while actively monitoring changes in regulations and adapting practices accordingly.
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 favorable terms.


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