Maternity Cover - Head of Delegated Authorities in London
Maternity Cover - Head of Delegated Authorities

Maternity Cover - Head of Delegated Authorities in London

London Full-Time 48000 - 72000 £ / year (est.) No home office possible
A

At a Glance

  • Tasks: Lead and oversee delegated authority arrangements, ensuring compliance and operational efficiency.
  • Company: Join a leading insurance firm with a focus on innovation and teamwork.
  • Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
  • Why this job: Make a significant impact in a senior role while shaping the future of delegated authorities.
  • Qualifications: Chartered Insurance Institute qualifications and strong experience in delegated authority management.
  • Other info: Dynamic work environment with a focus on collaboration and career advancement.

The predicted salary is between 48000 - 72000 £ per year.

The Head of Delegated Authorities Management is a senior leadership role responsible for the day-to-day oversight and control of inwards and outwards delegated authority arrangements across Lloyd's and company markets, ensuring effective operational governance, regulatory compliance, process efficiency, and consistent execution in line with ASR's strategic objectives.

Role Responsibilities

  • Governance, Compliance & Oversight
    • Regulatory Alignment: Maintain a deep understanding of regulatory requirements (e.g., Lloyd's, PRA, FCA, Solvency II) across the entire DA chain, including Brokers, MGAs, and Reinsurers.
    • Lifecycle Governance: Oversee all DA agreements throughout their lifecycle, ensuring robust governance checks and strict adherence to company policies and contract certainty.
    • Due Diligence: Perform pre and post bind reviews for binders, lineslips and consortia to ensure procedural and regulatory compliance. Drive the onboarding, due diligence, and auditing processes for third parties to ensure effective risk management.
    • Stakeholder Liaison: Act as the primary point of contact for regulators on DA queries and maintain close working relationships with internal Underwriting, Risk, and Compliance teams. Support outsourced resources working on delegated activities and other supporting administrative tasks.
  • Bordereaux Management & Technical Analysis
    • Data Processing: Ensure the timely receipt and processing of all periodic bordereaux (Risk, Premium, and Claims) under outwards DA agreements as well as provision of timely and accurate bordereaux under inwards Delegation.
    • Standardisation: Drive the use of ASR-specific bordereau formats to ensure data is high-quality and utilised efficiently.
    • Quality Control: Identify, challenge, and correct inaccurate policy records within the Policy Administration System (PAS).
    • Reporting: Provide the business with visibility on bordereaux status (e.g., received, queried, outstanding) and produce technical analysis reports for management insight.
  • Operational Leadership & Strategy
    • Team Management: Lead and mentor the DA team, ensuring all placements and insurance documentation are stored accurately on internal systems.
    • Distribution model: Work closely with the Strategy team and manage the preparation and issuance of internal and external DA Statements to Capacity Providers, within strict deadlines.
    • Process Improvement: Identify and implement efficiencies in bordereaux management and the wider oversight framework.
    • Wider Operations: Manage intra-group reinsurance administration and support the Operations team with project-based initiatives and day-to-day BAU duties.

General Requirements

  • Ensure ASR and client interests are protected through diligent handling of all Binding Authority matters.
  • Comply with all company policies and perform any other reasonable tasks as directed by management.

Skills & Experience

  • Essential
    • Chartered Insurance Institute qualification(s).
    • Solid London Market Delegated Authority experience – with full technical knowledge of the DA products written & how to administer them.
    • Strong understanding and knowledge of FCA rules (inc. forthcoming changes) relating to commercial customers and general insurance / legal principles.
    • Strong interpersonal skills & team ethic to work with colleagues, clients, TPAs and external Capacity Providers & their brokers.
    • High level of flexibility & a willingness to take ownership.
    • Strong skills in MS Windows applications – particularly Excel, PowerPoint and Word.
  • Desirable
    • Specialty insurance lines within Africa/developing regions, ideally including current market conditions.
    • French language skills.

Maternity Cover - Head of Delegated Authorities in London employer: Africa Specialty Risks

At ASR, we pride ourselves on being an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation. Our commitment to employee growth is evident through tailored development programmes and mentorship opportunities, ensuring that our team members thrive in their careers. Located in the heart of London, we provide a vibrant workplace culture that values diversity and encourages a healthy work-life balance, making ASR a truly rewarding place to work.
A

Contact Detail:

Africa Specialty Risks Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Maternity Cover - Head of Delegated Authorities in London

✨Tip Number 1

Network like a pro! Reach out to your connections in the industry, especially those who work in delegated authorities or related fields. A friendly chat can lead to insider info about job openings that aren't even advertised yet.

✨Tip Number 2

Prepare for interviews by researching the company and its culture. Understand their approach to governance and compliance, and be ready to discuss how your experience aligns with their strategic objectives. We want you to shine!

✨Tip Number 3

Showcase your skills! Bring examples of your past work in managing delegated authority agreements and any process improvements you've implemented. This will demonstrate your hands-on experience and problem-solving abilities.

✨Tip Number 4

Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.

We think you need these skills to ace Maternity Cover - Head of Delegated Authorities in London

Regulatory Compliance
Governance
Due Diligence
Stakeholder Management
Data Processing
Quality Control
Technical Analysis
Team Leadership
Process Improvement
Chartered Insurance Institute qualification
London Market Delegated Authority experience
FCA Rules Knowledge
Interpersonal Skills
MS Windows Applications (Excel, PowerPoint, Word)
Flexibility

Some tips for your application 🫡

Know the Role Inside Out: Before you start writing, make sure you really understand what the Head of Delegated Authorities role involves. Dive into the job description and highlight key responsibilities and skills. This will help you tailor your application to show how you fit the bill.

Showcase Your Experience: When detailing your experience, focus on relevant roles that demonstrate your governance, compliance, and oversight skills. Use specific examples that align with the responsibilities mentioned in the job description to make your application stand out.

Be Clear and Concise: Keep your application clear and to the point. Avoid jargon unless it’s industry-specific and relevant. We want to see your personality shine through, so don’t be afraid to let your voice come across while maintaining professionalism.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us without any hiccups. Plus, you’ll find all the details you need about the role and our company culture there!

How to prepare for a job interview at Africa Specialty Risks

✨Know Your Regulations

Make sure you brush up on the regulatory requirements relevant to the role, such as Lloyd's, PRA, FCA, and Solvency II. Being able to discuss these confidently will show that you understand the landscape and can navigate it effectively.

✨Demonstrate Governance Experience

Prepare examples of how you've overseen delegated authority agreements in the past. Highlight your experience with lifecycle governance and compliance checks, as this will be crucial for the role.

✨Showcase Your Stakeholder Skills

Think about times when you've acted as a liaison between different teams or external parties. Be ready to share specific instances where your interpersonal skills made a difference in managing relationships and ensuring smooth operations.

✨Highlight Process Improvement Initiatives

Come prepared with examples of how you've identified and implemented efficiencies in previous roles. Discuss any process improvements you've led, especially in bordereaux management or operational oversight, to demonstrate your proactive approach.

Maternity Cover - Head of Delegated Authorities in London
Africa Specialty Risks
Location: London

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

A
Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>