Delegated Authority Manager
Delegated Authority Manager
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Job Description
We are looking for a manager for our Delegated Authority onboarding team at Markel International. The team oversees underwriting and claims controls across multiple divisions the Delegated Authority Manager ensures effective due diligence and regulatory compliance for these processes.
What part will you play If youre looking for a place where you can make a meaningful difference youve found it. The work we do at Markel gives people the confidence to move forward and seize opportunities and youll find your fit amongst our global community of optimists and problemsolvers. Were always pushing each other to go further because we believe that when we realize our potential we can help others reach theirs.
Join us and play your part in something special!
The opportunity:
The Delegated Authority onboarding team at Markel International is responsible for the 1st controls of our International Delegated Authority in respect of underwriting across all divisions and delegated claims covering our Wholesale State National Global Global Re and Global Specialty Divisions.
The role of the Delegated Authority Manager is vital to support the effectiveness of Markel Internationals Due Diligence process and you will be a key member of the Wholesale Operations team.
What youll be doing:
In this role youll be at the forefront of ensuring thorough due diligence reviews of coverholders adhering to all internal policies and regulatory requirements. Youll enhance and embed processes for Delegated Underwriting and Claims onboarding ensuring compliance is consistently achieved. Overseeing the implementation of the Delegated workflow system youll ensure it meets all functional requirements and produces the necessary management information outputs.
Youll keep the Delegated Authority and Claims business monitoring tracker up to date ensuring your team completes it effectively. By developing and aligning the Delegated Authority and Claims function youll ensure quality and consistency in meeting KPIs and SLAs. Youll also manage the postbind activity process ensuring tasks are completed efficiently and on time.
Your role includes firstline due diligence management and oversight of global Service Company Arrangements in line with agreed procedures and standards. Youll foster close relationships with Governance Risk Compliance Underwriting and Claims teams to ensure all regulatory requirements for Delegated business are met and documented. Additionally youll cochair the Delegated Oversight Group(s) in your area of responsibility and attend the Delegated Oversight Committee as needed. This position offers a dynamic and impactful opportunity to lead and innovate within the Delegated Authority and Claims space.
Our musthaves:
The successful candidate will have:
Previous experience of working in Delegated Authority Management ideally from a Syndicate / Managing Agent / Lloyds of London perspective is essential.
Experience of both International and UK consumer delegated authority business is required with particular focus on UK binding authorities given recent regulatory changes in the UK Consumer Duty space.
Robust knowledge of Lloyds DA regulation with regards to binders including knowledge of DCOM and ATLAS
Ability to think strategically and innovatively to aid in the development of the business
Excellent interpersonal decisionmaking and organisational skills
Ability to guide inspire and manage their team or stakeholders towards achieving common objectives
Good and effective communicator open honest and respectful.
High level of accuracy and attention to detail
Willingness to take responsibility and accountability in a collaborative manner
Ability to deliver work on time to a set deadlines
Good understanding of Microsoft Office Word and Excel
Effective stakeholder management skills
Who we are:
Markel Group (NYSE MKL) a Fortune 500 company with over 60 offices in 20 countries is a holding company for insurance reinsurance specialist advisory and investment operations around the world.
Were all about people We win together We strive for better We enjoy the everyday We think further
Whats in it for you
A great starting salary plus annual bonus & strong benefits package
25 days paid holiday plus Bank Holidays with the opportunity to buy/sell extra leave
Fantastic company pension scheme private medical and dental cover life assurance travel insurance cover income protection season ticket loan as well as other great benefits on offer
There are countless opportunities to learn new skills and develop in your career and we can provide the support needed to do just that!
Are you ready to play your part
Choose Apply Now to fill out our short application so that we can find out more about you.
Markel celebrates the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. Whatever your background if you feel you meet the requirements of this role then we want to hear from you. We are also happy to consider candidates who are looking for flexible working patterns.
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race religion colour national origin sex gender gender expression sexual orientation age marital status veteran status or disability status.
We will ensure that individuals with disabilities are provided with all reasonable accommodations to be able to participate in the job application or interview process and to perform essential job functions if successful. Please contact us via email at or call us at 0 to request any accommodations that may be needed. This includes any alternative formats of any documents or information on how to apply offline.
#LISP1
#LIHybrid #PlayYourPartUK
Required Experience:
Manager
Employment Type
Full-Time
