ConsiliumRe the International Facultative division of Direct Insurance Group Plc, an international specialty Lloyd’s broker; has today announced its intentions to expand its operation into Miami, servicing the needs of the Latin American market.

The London based Reinsurance Broker has had significant traction in the region since its formation 18 months ago. Fernando Rojas Castillo, Head of International Facultative Reinsurance, will spearhead the US operation, based from its new Miami headquarters. Rojas Castillo’s remit will initially be to grow the team over the forthcoming months whilst also adding new product lines to the existing book.

‘Our Miami office will become the gateway to Latin America, and so makes sense that we not only build our presence within the region, but also offer other lines of business, that are becoming more relevant for Latin America,’ says David Bearman, CEO of Direct Insurance Group Plc ‘We already have a strong branch network in Latin America, extensive relationships with carriers and a global placement capability. Combined with our global knowledge and experience, the Miami expansion is the perfect hub to enable further growth with both existing and new clients; opening up many new potential opportunities for the future.”

Fernando joined ConsiliumRe in 2017, bringing with him an impressive set of credentials to underpin the Miami opening; with over 25 years’ experience in the Reinsurance market. Commenting on his new role Fernando says: ‘Miami, is the principal access point for Latin American business. We intend to produce business in all classes of insurance where there is Latin American appetite; using our proximity to the territory and the contacts and knowledge we have in the region.”

ConsiliumRe places Property, Casualty, Financial Risks, Energy & Marine (including Super Yachts), and Group Personal Accident (including crew PA) Facultative reinsurance business located worldwide.

For further information, please contact; fernando.rojasc@consiliumre.com or visit www.consiliumre.com

Due to recent growth within the business we are currently recruiting for a new position. The position of Insurance Technician is a vital role within the business. Based from our head office in London you will have the following responsibilities and duties:

Reports to:Associate Director, Aura Underwriting

Location: 6^th Floor, 34 Lime Street, London, EC3M 7AT

Hours: 8:30am to 5pm

Salary: Dependent on Experience

Holiday: 25 Days

Job Summary:

A unique and exciting opportunity has arisen within a market leading Caribbean Insurance Specialist. Aura Underwriting are a Lloyd’s Cover holder based within the City of London, currently looking for an Insurance Technician to join their skilled and ambitious team. This is principally an administrative role and its purpose is to provide assistance to the Associate Directors in order to manage their Caribbean book portfolio and ensuring high professional service delivery to agents and markets.

Key Responsibilities:

• General administrative duties including scanning, filing, entering data onto relevant spreadsheets.
• Preparing insurance documentation in accordance with instructions set out by the Associate Directors (Certificates, Endorsements, Quotes, Application Forms and Pictures).
• Producing debit/credit notes and processing premiums on in-house system.
• Preparing LPANS and submitting premium payments to markets through Xchanging.
• Ad hoc management information tasks/projects.
• Handling Xchanging and internal queries in respect of both Policy and Premium issues.
• Maintain an electronic filing system.
• Liaising with agents on minor matters and sending out policy documentation when requested by the Associate Directors.

Education and Qualifications
At least 5 A-C Grade GCSE’s including English, Maths and ICT.
Desirable: Insurance qualifications e.g. CII

Skills & abilities

• Professionalism
• Ability to manage own time, meet deadlines and prioritise work
• Attention to detail, numerate and accurate
• Able to communicate effectively with others
• Organised and methodical approach to work and problem solving
•  Strong demonstrable IT skills, including Microsoft Word, Excel and Outlook

Knowledge and Experience

• Basic core insurance principles
• Experience of working within a commercial environment, ideally within Insurance
• Familiarity with Xchanging and TAM Broker Management System (Ideal)

Aptitude

• Outcome focused, self-motivated, enthusiastic
• Team worker with the ability to work on own initiative
• Professional approach to relationships
• Takes pride in the quality of their work and self-motivated
• Confident attitude and keen learner who is not afraid to ask questions

Additional Information
Job can entail standard 5 days a week employment, but open to candidates who require part time working hours/days per week.

So if you’d like to work for an award winning company that offers training to all staff, personal development and real opportunity for growth then please send your CV to Kerry Johnson – recruitment@direct-ins.co.uk. We look forward to hearing from you.

NO AGENCIES

Due to recent growth within the business we are currently recruiting for a new position. The position of MGA Claims Manager is a vital role within the business. Based from our head office in London you will have the following responsibilities and duties:

Reports to: Chief Underwriting Officer

Location: 6^th Floor, 34 Lime Street, London, EC3M 7AT

Hours: 8:30am to 5pm

Salary: Dependent on Experience

Holiday: 25 Days

Job Summary: The MGA Claims Manager is responsible for the overseeing all claims across the International ( including USA) Rokstone MGA operation including day to day management of the Claims bdx and assessing best estimates for the purpose of reserving ultimate exposure to major events.

Key Responsibilities:

• Manage all claims incurred by Rokstone to ensure claims are being handled in accordance with our Claims Philosophy, Claims Guidelines and Lloyd’s Minimum Standards (where applicable) meeting the service levels set out therein to ensure exceptional experience;
• Handle significant and complex claims to bring them to a timely and effective resolution and take technical referral of claims above authority from the claims team;
• Identify events impacting our Rokstone book, work with underwriters and exposure management to ascertain potentially impacted policies and calculate best estimates for the purposes of reserving our exposure;
• Lead our Major Event Response Committee and play key role in assessing best estimates for major event across all our classes;
• Monitor (re)insurance and other press/publications for events and Market losses;
• Liaise with underwriters and exposure modelling team to ascertain potentially impacted policies;
• Analyse notifications, cedants’ updates and experts reports to assess likely FGU, calculate our exposure across its participations, reinstatement premiums and outward reinsurance (in conjunction with the Outward Reinsurance team), set gross and net best estimates;
• Ensure the appropriateness of the methodologies, data and underlying models used as well as the assumptions made for arriving at best estimates and present these in a transparent and reasoned fashion to the Head of Claims, actuaries and the Claims and Reserving Committee;
• Maintain strong relationships with other insurer/reinsurers, brokers, solicitors and adjusters to be able to obtain claims information on Market losses and events;
• Report to Head of Claims, Senior Management, underwriters and actuaries on events impacting the inward reinsurance book, significant claims and material developments including the completion of major event reports and monthly report;
• Work closely with the actuarial team in its quarterly reserving process providing input into the adequacy of IBNR provisions and ultimates and the reserve reports for the Claims and Reserving Committee and Underwriting Committee;
• Ensure the highest quality of data for use by actuaries, underwriters, the exposure management and outward reinsurance teams;
• Prepare reports for Rokstone Board on claims movements, performance metrics and control environment;
• Liaise with the outward reinsurance team to be fully informed as to potential recoveries and able to assist the outward RI team with the provision of information to reinsurers;
• Communicate with Lloyd’s as necessary regarding the reliability and accuracy of best estimates;
• Analyse claims developments on events against best estimates and exposure analysis to feedback on to the Head of Claims, Senior Management and underwriters including share of market exposure and lessons learned;
• Be the principal claims representative for the Rokstone book, attend internal underwriting meetings and provide feedback to the Head of Claims;
• Responsible for designing claims reports;
• Proactively and continually seeking to identify and implement improvements to streamline the inwards reinsurance claims processes, procedures and systems to drive efficiency whilst promoting best practice and reduce the level of manual or non-value added tasks undertaken by claims handlers;
• Coordinate peer review process for claims and implement any enhancements to the claims adjusting process following any significant findings;
• Liaise with auditors both internal and external to assist in audits;
• Develop, implement and maintain control framework in satisfaction of requirements
• Any other work as may be assigned by the Head of Claims. 

Skills & abilities: 

• Exceptional technical expertise and analytical skills
• Strong verbal and written communication skills
• Ability to easily manipulate data with superior Microsoft Excel skills
• Superior ability to solve problems and make decisions with limited direction/consultation
• Ability to manage a team of internationally based people
• Team player who can motivate people and drive change
• Self-starter who is results orientated
• Ability to anticipate problems/issues prior to their occurrence
• Ability to develop excellent working relationships with a variety of internal and external stakeholders
• Experience in reinsurance claims systems
• Microsoft Word, Power Point, Outlook and ECF

Knowledge and Experience 

The job requires a thorough knowledge of:

• Exceptional technical expertise and analytical skills
• Strong verbal and written communication skills
• Ability to easily manipulate data with superior Microsoft Excel skills
• Superior ability to solve problems and make decisions with limited direction/consultation
• Ability to manage a team of internationally based people
• Team player who can motivate people and drive change
• Self-starter who is results orientated
• Ability to anticipate problems/issues prior to their occurrence
• Ability to develop excellent working relationships with a variety of internal and external stakeholders
• Experience in reinsurance claims systems
• Microsoft Word, Power Point, Outlook and ECF

So if you’d like to work for an award winning company that offers training to all staff, personal development and real opportunity for growth then please send your CV to Kerry Johnson – recruitment@direct-ins.co.uk. We look forward to hearing from you.

NO AGENCIES

Direct Insurance London Market (DILM), is a specialist Wholesale Broker. We are one of the UK’s fastest growing Lloyd’s brokers and have successfully negotiated some of the UK’s leading niche schemes for industries that have traditionally been more difficult to place.

To support continued growth we have recruited a new Business Development Manager, Shaun Woodhouse.  In his new role as part of the UK Business Development Team, Woodhouse will be responsible for managing and growing some existing client accounts. He will also develop new business and help grow Direct Insurance London Market’s market presence.

Commenting on his recent appointment, Woodhouse said, “I am looking forward to my new role and getting out into the market to get to know our existing broker partners better. I hope to give them the support they need as well as meeting potential new clients. In time, I would like to develop some key relationships and play a big part in the future growth of DILM.”

Woodhouse joins DILM from Auto Legal Protection Services (ALPS), leading provider of award winning motor claims solutions, legal expenses and quality additional products.

Head of Marketing & Development, Matt Field, said Woodhouse has a “keen eye for problem solving and a reputation for first class service delivery to clients.”

“This, alongside his personality and leadership skills, makes him a great addition to the Business Development Team.”

For further information visit www.dilm.co.uk, get in touch via info@dilm.co.uk or call us on 0203 818 8060

Direct Insurance London Market’s specialist underwriting team has launched ‘DILM Commercial Combined’, a comprehensive combined package designed to meet the requirements of businesses where traditional composite markets have limited appetite.

This exclusive facility delivers market leading cover for over 300 different trades, including but not limited to: manufacturing, breweries, metalworkers & retail.

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