Broker Delegated Authority Consultant


Job Ref:
736

Job Title:
Broker Delegated Authority Consultant

Location:
Dundrum - Dublin 16

Closing date:
Close date not set

Vacancy Description

Broker Delegated Authority Consultant - Dublin

Excellent opportunity for an Broker Delegated Authority Consultant to join our expanding team in Dublin.

RSA is one of the world's leading general insurers and a FTSE 100 Company with a heritage dating back over 300 years, and we are proud of it! Our products are high quality and innovative – just ask our 20 million customers in over 100 countries. We provide a great service to our customers when they need us most. That’s why we’re always looking at new and innovative ways in which to improve our service for our customers. We set new standards in the industry every day. We are currently expanding our team here in RSA.

This new Broker Delegated Authority Consultant will be coming into a busy and well-established team.

This job will be involves developing and leading the underwriting control validation framework applicable to business underwritten on behalf of RSAII and RSANI through Underwriting Delegated Authority. For the framework to operate effectively there must be a leader with appropriate underwriting experience and accountability across Commercial and Personal Lines.

You will be responsible for designing and managing the control validation process including managing key Stakeholder relationships with Portfolio and Broker Distribution Management in RSA and externally with our Broker partners. Underwriting control validation is an integral part of Underwriting Portfolio Management and is mandated through the RSAII Underwriting Policy.

Through the underwriting control validation framework, you will provide an independent review of Delegated Authority schemes to ensure adherence to risk appetite and strategy and compliance with the Underwriting policy by evaluating the risk assessment, risk selection and pricing of risks across all underwriting lines.

Key Responsibilities:

  • Developing, implementing and managing the External control validation framework to independently review and validate the controls operating on business underwritten on behalf of RSA by brokers with Delegated Authority.
  • Ensuring internal and external controls are operating effectively and are compliant with Group policy to effectively manage Delegated Authority schemes.
  • Using your underwriting knowledge and skills to interpret and validate complex underwriting information from multiple underwriting systems across all Delegated Authority Schemes in RSAII and NI.
  • Identify breaches of delegated authority or gaps in compliance with the Delegated authority and evaluate the risk to RSA, mandating actions to mitigate the risks.
  • Preparing high quality, succinct and timely reporting of control validation findings and resulting actions to Senior managers within RSAII, GCC and our external Broker Partners and tracking actions to completion.
  • Influencing and persuading Portfolio Managers and other Senior Underwriting and Operations Leaders to maintain and improve risk management standards and underwriting controls in relation to External Delegated Authority schemes.
  • Providing expert advice to Senior Underwriting and Portfolio Managers on effective solutions for emerging underwriting issues on External Delegated Authority Schemes.
  • Providing guidance to Portfolio and Senior Managers in the development of new and revised business process in response to Group underwriting and risk requirements on External Delegated Authority schemes.
  • Working with GCC to ensure the annual External control validation plan for RSAII is undertaken efficiently and effectively.

Requirements:

  • CIP qualified
  • Ideally 2/3 years’ experience of underwriting file reviews
  • Strong Commercial and Personal Underwriting technical capability
  • Strong stakeholder management skills
  • Excellent written and verbal communication skills
  • Strong organisational skills
  • Clean Full Driving License

 

RSA Insurance Ireland DAC and its affiliate companies consider applicants on the basis of qualifications and without regard to race, colour, religion, sex, national origin, age, marital or veteran status, sexual orientation, disability or any other legally protected status
 

 

 
 

 



Sorry, this vacancy is closed.

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