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For Companies At a Glance
- Tasks: Lead the Delegated Authority team and ensure top-notch service to capacity providers.
- Company: Join a dynamic Specialty Insurer and Reinsurer that's on the rise.
- Benefits: Enjoy a collaborative work environment with opportunities for professional growth.
- Why this job: Be part of impactful projects and drive change in a fast-paced industry.
- Qualifications: Experience in Delegated Authority and some leadership skills are essential.
- Other info: Stay updated on regulatory requirements and help shape operational excellence.
The predicted salary is between 48000 - 72000 £ per year.
Job Description
An exciting and growing Specialty Insurer and Reinsurer is currently recruiting for an experienced Delegated Authority Manager to join their operational division.
You will be tasked with managing the DA team, ensuring that a first-class service is provided to the organisation’s capacity providers, ensure all inwards delegated arrangements meet company procedure's, regulatory requirements and best practice. You will provide reports to senior stakeholders on bordereaux receipts across all agreements, Binding authority matters and MI reports.
This role will also support the wider Operations division with ongoing projects, streamlining processes and implementing change. You will also need to maintain a thorough understanding of all regulatory requirements regarding delegated authorities.
The successful candidate will have a strong background with Delegated Authority, some people management or leadership experience and be very adaptive to changing environments.
Delegated Authority Manager employer: IPS Group
Contact Detail:
IPS Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Delegated Authority Manager
✨Tip Number 1
Familiarize yourself with the latest regulatory requirements and best practices related to delegated authorities. This knowledge will not only help you in interviews but also demonstrate your commitment to compliance and excellence in the role.
✨Tip Number 2
Network with professionals in the insurance and reinsurance sectors, especially those who have experience in delegated authority management. Engaging with industry peers can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed teams or projects in the past. Highlighting your leadership experience will be crucial, as this role involves managing a team and supporting operational changes.
✨Tip Number 4
Stay updated on trends and challenges within the specialty insurance market. Being knowledgeable about current events and changes in the industry will show your passion and readiness to contribute effectively to the organization.
We think you need these skills to ace Delegated Authority Manager
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Delegated Authority Manager position. Highlight key responsibilities and required skills, such as managing a team and understanding regulatory requirements.
Tailor Your CV: Customize your CV to reflect your experience with Delegated Authority and any leadership roles you've held. Use specific examples that demonstrate your ability to manage teams and streamline processes.
Craft a Compelling Cover Letter: Write a cover letter that addresses how your background aligns with the company's needs. Mention your experience in providing reports to stakeholders and your adaptability to changing environments.
Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no grammatical errors and that all information is clear and concise, reflecting your professionalism.
How to prepare for a job interview at IPS Group
✨Show Your Expertise in Delegated Authority
Be prepared to discuss your previous experience with delegated authority management. Highlight specific examples where you ensured compliance with regulatory requirements and best practices, as this will demonstrate your capability for the role.
✨Demonstrate Leadership Skills
Since the role involves managing a team, be ready to share your leadership experiences. Talk about how you've motivated your team, handled conflicts, or implemented changes that improved team performance.
✨Understand Regulatory Requirements
Make sure you have a solid grasp of the regulatory landscape surrounding delegated authorities. Be prepared to discuss how you stay updated on these regulations and how you've applied them in your previous roles.
✨Prepare for Process Improvement Discussions
The job involves streamlining processes and implementing change. Think of examples where you've successfully improved operational efficiency and be ready to discuss your approach to project management and change implementation.
