Delegated Authority Portfolio Manager
6 hours ago
About Us:
">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:
">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:
">- 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:
">- 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:
">£85,000 - £105,000 per annum, depending on experience.
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