At a Glance
- Tasks: Lead and oversee the Delegated Underwriting Services Team, ensuring compliance and effective governance.
- Company: Join RenaissanceRe, a leader in Property & Casualty Reinsurance with a collaborative culture.
- Benefits: Competitive salary, comprehensive benefits, talent development, and community engagement opportunities.
- Other info: Diverse and inclusive workplace with excellent career growth potential.
- Why this job: Make a real impact by solving complex challenges in a fast-paced, innovative environment.
- Qualifications: Experience in delegated underwriting oversight and strong communication skills required.
The predicted salary is between 70000 - 90000 £ per year.
RenaissanceRe is a leading writer of Property & Casualty Reinsurance. For over 25 years, we have helped customers and communities recover and build resilience through our industry-leading ability to understand risk, source efficient capital and rapidly pay claims. Our global team shares a passion for solving our customers’ biggest problems through a collaborative and entrepreneurial culture that empowers employees and rewards creative thinking.
About the Position
The AVP, Delegated Oversight Manager (DOM) is responsible for the effective leadership and oversight of the Delegated Underwriting Services Team, ensuring full compliance with pre-bind and post-bind regulatory and contractual requirements. The role acts as a senior point of escalation and the interface with the senior delegated authority stakeholder community. It plays a key role in supporting and delivering the delegated underwriting strategy through strong team management, market insight and effective stakeholder communication.
Key Responsibilities
- Delegated Oversight & Leadership: Lead and oversee the Delegated Underwriting Services function, working closely with Service managers to ensure consistent, high-quality delivery across all delegated activities.
- Pre-Bind Oversight: Oversee the pre-bind team to ensure timely, accurate and complete onboarding of delegated underwriting arrangements.
- Post-Bind Oversight & Reporting: Oversee the post-bind team, ensuring robust and effective oversight of delegated authority processes and procedures.
- Claims Oversight: Provide oversight of the delegated claims team, ensuring effective governance of processes and controls.
- Audit Oversight: Support internal and external audit activity relating to delegated underwriting arrangements.
- Stakeholder Management: Act as the primary point of contact for the delegated authority stakeholder community, including brokers, coverholders, internal partners and external system providers.
- Strategy & Continuous Improvement: Work closely with the Head of DUST to support delivery of the delegated underwriting strategy.
Skills, Knowledge & Experience
- Essential: Proven experience in a delegated underwriting oversight or management role.
- Desirable: Experience supporting system implementations or data migration initiatives.
At RenaissanceRe, we believe in creating a workplace culture that fosters diversity, equity, and inclusion throughout our business. We are an equal opportunity employer.
AVP, Delegated Oversight Manager in London employer: RenaissanceRe
RenaissanceRe is an exceptional employer that champions a collaborative and entrepreneurial culture, empowering employees to tackle complex challenges in the reinsurance sector. With a strong commitment to diversity, equity, and inclusion, we offer competitive compensation, comprehensive talent development programmes, and a rewarding environment where your contributions are valued. Located in the heart of London, our team enjoys unique opportunities for professional growth while making a meaningful impact on communities worldwide.
