Delegated Authority Portfolio Manager

6 hours ago


London, Greater London, United Kingdom Rokstone Underwriting Full time

About Us:

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Rokstone Underwriting is an established international underwriting MGA and Lloyd's of London coverholder, offering 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:

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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:

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  • Manage the company's delegated authority facilities, overseeing the renewal process and leading strategic discussions to enhance portfolio performance.
  • Evaluate and negotiate delegated authority arrangements effectively, ensuring alignment with the company's strategic objectives and risk appetite.
  • Negotiate and place 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:

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  • 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.

Estimated Salary:

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£85,000 - £105,000 per annum, depending on experience.



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