Deputy Head of Delegated Authority

Our Client, a Lloyd’s Managing Agent, recently received private investment to further grow the business with approval from Lloyd’s.

Their success has resulted in the requirement of a Deputy Head of Delegated Authorities.

You will have a direct line into a highly experienced Head of Delegated Authorities and work with the wider team, who have received high praise from the broking community.

The delegated book has a number of complex arrangements; including SPA’s, EEA business and high conduct risk binders, so you will have the opportunity to use your extensive due diligence knowledge to support the business.

The business enjoys long standing relationships with their cover holders, and as such, being able to nurture these relationships and those of senior internal stakeholders will be highly important.

Key responsibilities will include;

• Supporting the oversight of the life cycle of all delegated arrangements aligned to the Company’s and Lloyd’s requirements; including compliance and audit
• Developing and improving reporting abilities for all delegated business and ensuring these are in line with latest regulatory requirements
• Assisting Underwriters to manage and have sight of the ongoing performance of all delegated business vs target and plan
• Partnering with the Head of to plan and implement the delegated operational strategy

You must have previous experience working within a delegated team in the Lloyd’s market and managing people.

This is an exciting position to open the door to heading up a delegated authority function.

Get in touch for a confidential chat vf@arthur.co.uk or 0203 587 7975