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- Tasks: Lead the Delegated Authority team and drive strategic growth in a dynamic fintech environment.
- Company: Join Acrisure, a global leader in fintech offering innovative financial solutions.
- Benefits: Competitive salary, leadership opportunities, and a chance to shape the future of finance.
- Other info: Opportunity for travel and professional development in a collaborative culture.
- Why this job: Make a real impact in a senior role while representing the business at key market events.
- Qualifications: Extensive experience in Delegated Authority and strong leadership skills required.
The predicted salary is between 80000 - 100000 £ per year.
Acrisure is a global Fintech leader that combines the best of humans and high tech to offer multiple financial products and services to millions of businesses and individual clients. We connect clients to solutions that help them protect and grow what matters, including Insurance, Reinsurance, Cyber Services, Mortgage Origination, and more.
Role Purpose
The Head of Delegated Authority is responsible for the technical leadership and governance of the DA portfolio. This role will drive performance, ensure robust oversight, and position the business as a market leader in DA through strong internal management and external representation.
Key Responsibilities
- 1. Strategy & Leadership
- Define and deliver the Delegated Authority strategy aligned to overall business objectives
- Provide clear leadership and direction to the DA team
- Act as the senior decision-maker for DA-related matters
- Move the function from operational support to a strategic growth driver
- Lead internal DA Committee, meeting regularly to drive consistency of global knowledge and standards
- 2. Governance & Compliance
- Ensure full compliance with regulatory requirements and internal frameworks
- Maintain best-in-class oversight, audit, and control processes
- Act as the key escalation point for risk and compliance issues
- Drive continuous improvement in DA governance standards
- 3. Stakeholder Management
- Build strong relationships with Portfolio Team leadership, Account managers, Clients’ DA teams, capacity providers and carriers
- Operate with seniority and authority, influencing decisions across the business
- Ensure DA is embedded early in deal structuring and strategy discussions, facilitated by attending and participating in broking team meetings
- Engagement with travel to Acrisure offices (US/EU), in order to facilitate growing number of new business opportunities
- 4. Market Representation
- Represent the business at market forums and committees (e.g. LIIBA)
- Act as a visible leader in the DA market
- Participate in industry events, conferences, and working groups
- Shape market developments and stay ahead of regulatory/market change
- 5. Team Leadership & Development
- Lead, mentor, and develop the DA team
- Drive a high-performance, accountable and collaborative culture
- Align team structure to support strategic goals of the business
- Increase visibility and engagement across teams
- Develop and implement school leaver programme and transition strategy
- 6. Operational Excellence
- Oversee efficient and scalable DA processes
- Work closely with operations and systems teams to improve workflows
- Ensure the function is fit for growth and future expansion
Key Skills & Experience
- Extensive experience in Delegated Authority / Coverholder management
- Strong understanding of Lloyd’s / London Market frameworks
- Proven leadership experience at a senior level
- Ability to operate with autonomy and make strategic decisions
- Strong commercial acumen and stakeholder management skills
- Experience representing organisations in market forums or committees
Success Measures
- Growth and operational resilience of the DA portfolio
- Strength and effectiveness of governance frameworks
- Increased influence and visibility in the market
- Improved internal alignment and team performance
- Successful representation at market level
- Efficient internal processes to provide best in class service, resulting in client retention and new business opportunities
Positioning of the Role
- Senior leadership position with full ownership of DA
- Operates alongside senior broker level in terms of authority and decision-making
- Highly visible internally and externally
- Expected to travel and represent the business in key markets and at events
Delegated Authority Lifecycle
Full oversight and accountability for delivery by the DA team, including but not limited to:
- Lloyd’s Coverholder onboarding and approval process, ensuring effective coordination between client, market, and Lloyd’s
- Oversight of Atlas system compliance checks and renewal readiness
- Governance of DCOM setup, contract documentation, and ongoing record maintenance
- Oversight of bordereaux management, including timeliness, accuracy, and cash flow (premium and claims)
- Review and oversight of profit commission calculations
- Ownership of escalation and resolution of FDO queries, identifying root causes
- Oversight of contract review processes and standards
- Governance of consortium setup, including registration with Velonetic
- Oversight of operational service delivery, identifying and resolving issues
- Ensuring DA processes are embedded from the outset via new business and renewal engagement
Head of Delegated Authority employer: Acrisure, LLC
Contact Detail:
Acrisure, LLC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Delegated Authority
✨Tip Number 1
Network like a pro! Get out there and connect with industry folks at events or forums. Building relationships can open doors that a CV just can't.
✨Tip Number 2
Show your expertise! When you get the chance to chat with potential employers, share your insights on Delegated Authority and market trends. It’ll show you’re not just another candidate but a thought leader.
✨Tip Number 3
Be proactive! Don’t wait for job openings to pop up. Reach out directly to companies you admire, like Acrisure, and express your interest in contributing to their success.
✨Tip Number 4
Utilise our website! We’ve got loads of resources and tips to help you ace those interviews and land that dream role. Let’s make it happen together!
We think you need these skills to ace Head of Delegated Authority
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Head of Delegated Authority role. Highlight your experience in Delegated Authority and how it aligns with our strategic goals at Acrisure.
Showcase Leadership Skills: We want to see your leadership style! Share examples of how you've led teams or projects, especially in a senior capacity. This will help us understand how you can drive performance and foster a collaborative culture.
Demonstrate Market Knowledge: Familiarise yourself with the Lloyd’s and London Market frameworks. Mention any relevant experiences or insights in your application to show us you're ready to represent Acrisure effectively in market forums.
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensure you’re considered for this exciting opportunity.
How to prepare for a job interview at Acrisure, LLC
✨Know Your Delegated Authority Inside Out
Make sure you have a solid understanding of the Delegated Authority landscape, especially within the Lloyd’s and London Market frameworks. Brush up on Acrisure's specific strategies and how they align with industry trends, as this will show your commitment and readiness to lead.
✨Showcase Your Leadership Skills
Prepare examples that highlight your leadership experience, particularly in driving teams towards strategic goals. Be ready to discuss how you've fostered a high-performance culture and how you plan to mentor and develop the DA team at Acrisure.
✨Demonstrate Stakeholder Management Expertise
Think of instances where you've successfully built relationships with key stakeholders. Be prepared to discuss how you would engage with portfolio teams, clients, and capacity providers to ensure that Delegated Authority is embedded in deal structuring and strategy discussions.
✨Stay Ahead of Market Trends
Familiarise yourself with current market developments and regulatory changes affecting the Delegated Authority space. Being able to discuss these topics during your interview will position you as a knowledgeable leader who can represent Acrisure effectively at industry events and forums.