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    Senior Manager, Policy - London, United Kingdom - Markel Corporation

    Markel Corporation
    Markel Corporation London, United Kingdom

    1 week ago

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    Description
    Apply locations London - UK time type Full time posted on Posted 2 Days Ago job requisition id R Do you have a background working within Delegated Authority Management?

    The work we do at Markel gives people the confidence to move forward and seize opportunities, and you'll find your fit amongst our global community of optimists and problem-solvers.

    We're always pushing each other to go further because we believe that when we realise our potential, we can help others reach theirs.

    The Governance & Delegated team at Markel International are 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.

    Oversight and day to day responsibility for ensuring that due diligence reviews of Cover holders and Delegated Claims Administrators are undertaken whilst complying with all internal policies/standards, procedures and regulatory requirements
    ~ Line management responsibility for the delegated underwriting and claims due diligence process and controls
    ~ Ensuring the quarterly Delegated Authority business monitoring tracker (incorporating both Underwriting and Delegated Claims Administrators) is kept up to date and completed effectively by the team
    ~ 1st line due diligence management and oversight of the Service Company Arrangements globally in line with the agreed procedures and standards
    ~ Provide insight and support to the cover holder audit team to ensure full cycle reviews of delegated authority (both underwriting and claims) business is effective
    ~ Foster close relationships with the Wholesale Governance/OCUO/claims and underwriting teams to ensure that all regulatory requirements for Delegated business are adhered to and evidenced
    ~ Ensure the team works closely with the Delegated Operations team (for cover holder Borderaux) and Claims team (for Delegated claims bordereaux) to ensure that it is of good quality, meets standards and is received regularly
    ~ Oversee the Delegated Claims Performance calls and associated Enhanced MI process to ensure our Delegated Claims Administrators meet both internal and external standards
    ~ Actively participate in the Delegated Oversight Group(s) in area of responsibility in International (covering both Delegated Underwriting and Claims) and attend the Delegated Oversight Committee when required by the Head of department
    ~ Oversight of line slip, consortium and master policy arrangement process if requested by Head of department or Senior Management
    ~ Form close and meaningful relationships with both underwriting and claims teams to ensure high quality support and interaction both internally and externally
    ~ Oversight of claims loss funds whilst working closely and collaboratively with Claims Operations and the wider claims team
    ~ Previous experience of working in Delegated Authority Management 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
    Previous management experience is required
    Good understanding of Microsoft Office, Word and Excel
    Effective stakeholder management skills

    Markel Corporation (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.

    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
    ~ 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.

    com or call us at to request any accommodations that may be needed.
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