|
 |
|
|
| Manager - International Licences |
|
 |
 |
|
 |
|
Manage, protect, develop and enhance Lloyd’s licences and trading platform in Canada by helping Lloyd’s to meet its International Regulatory reporting and funding requirements in Canada by:
•Compiling (where appropriate), reviewing, assessing for accuracy, and assisting others with the completion of relevant international regulatory reporting, authorisations, and trust deeds;
•Overseeing the successful completion of relevant audit/actuarial/technical reserve obligations by the relevant staff in Canada and the UK;
•Developing and maintaining the relationships with the federal and provincial regulators, Lloyd’s market and other Corporation departments in the context of reporting, strategy, systems, processes and controls, and projects that may impact on Lloyd’s Canadian position;
•Ensuring that IL/IRA have the required data available to them in an appropriate format, and on a timely basis by working with the IL team and data providers to ensure relevant data is held, in an efficient and effective way, with documented procedures to support key processes; and
•Providing support (e.g. relevant data or analysis) to International Regulatory Affairs (IRA) and International Markets in seeking to change licence, funding, reporting or compliance positions.
Developing, maintaining, operating or supporting as required appropriate control frameworks around key operational processes within and overseen by the International Licences team as they relate to Canada, including as appropriate:
•The relevant sections of the International Regulatory Returns (IRR) Access database, and the IRR Monthly sign-off process; relevant entries in the Open Market Correspondents process and database; the Global Financial Filing, and Trust Deeds filing;
•Managing the controls for specific returns prepared within International Licences and overseeing the effectiveness of control frameworks for those returns prepared in the Market Reporting Department and Canadian offices;
•Undertaking/overseeing as required reviews of the control frameworks around regulatory reporting and other international compliance processes, within the relevant Corporation departments and Canadian offices, making recommendations for change as appropriate; and
•Understanding and facilitating the changes necessary to the control frameworks, helping to develop and implement solutions, including by managing or participating in projects to deliver change in Lloyd’s regulatory reporting or international compliance processes.
Providing the London input to the resolution of the outstanding issues resulting from the coming into force of the amended definition of “insure in Canada a risk” (Part XIII of the Insurance Companies Act) and, working with Lloyd’s Canada and other appropriate resource:
•Gain the required clarity from OSFI on the “insure in Canada a risk” status of Lloyd’s standard open market business model – develop and implement plans to effect changes to systems and/or processes in the market, the corporation and/or Xchanging as required
•Determine the impact on global policies – determine what further advice can be given to the market (Direct and/or Reinsurance), Federal vs Provincial & Regulatory vs Tax positions clearly understood, decisions as to the way forward made and implemented
•Finalise the position of Lloyd’s pre 1/1/2010 business – establish the registered status of Lloyd’s pre 1/1/2010 reinsurance portfolio, in conjunction with Lloyd’s Canada and Lloyd’s legal teams in the UK and Canada. Develop and implement required plans to provide appropriate confidence/assets for Lloyd’s Canadian cedants
•Review the Crystal content for Canada, and update where required
•Lead the UK market consultation and communication regarding the above.
Providing the London input into the restructure of the Federal regulatory position for Lloyd’s, including:
•Restructuring/rewriting the OSFI/Lloyd’s agreement into Prudential Agreements and Management Letters;
•Transitioning from the current calculation of capital to performing a BAAT test;
•Transitioning from the current 9100 audit to a OSFI agreed and compliant 5805;
•Developing, agreeing, and implementing the framework by which Lloyd’s will comply, and demonstrate compliance with all applicable OSFI guidelines
Participating in and supporting business process/market infrastructure reform, to understand the potential implications for Canada, develop appropriate solutions, and influence change.
•Contribute to the Management of the IL team and the IRA department by:
•Setting clear objectives and monitoring and reviewing subsequent progress and performance to ensure that work is completed to appropriate timescales and standards;
•Mentoring, coaching and supporting staff within the IL team to help them fulfil their potential and acquire the necessary skills for their jobs and careers;
•Initiate and manage training and development; |
|
  |
|
 |
|
|
|
|
Bachelors
|
|
10 years + |
|
|
|
English : Speak / Write Fluently
|
|
|
|
open-ended |
|
|
|
unspecified |
|
|
|
EU National |
|
|
|
London |
|
|
|
 |
|
 |
|
|
•Graduate / graduate calibre / relevant professional qualification preferred.
•Ability to work individually with little supervision or as part of a professional team.
•Ability to analyse, understand and manage complex issues and information, and develop and implement appropriate solutions and processes.
•Good knowledge of Lloyd’s international regulatory reporting requirements, overseas trust funds and other financial and business processes.
•Good understanding of the international insurance business and markets.
•A flexible approach to work assignments and positive response to change.
•Ability to remain calm under pressure and to handle difficult situations with tact and diplomacy
Relationship management
•Strong relationship management and partnership building skills
•Strong communication, negotiation, influencing and interpersonal skills
People management
•Ability to motivate self and teams
•Supportive and approachable management style
•Coaching and team-building skills
Information management/ Strategic thinking
•Strong strategic thinking and business analysis skills
•Sound judgement and decision making
•Problem solving skills and the ability to develop creative and innovative solutions
•Broad management vision and perspective
•Strong identification and management of key stakeholders
Project management
•Good project management skills
•Flexibility in adjusting priorities and agility in delivering performance
Risk management
•Good risk management skills
•Ability to design, implement and manage effective control frameworks, communicating and getting buy-in across all involved user groups and outsourced providers,
•Good risk “radar” and effective detection/risk escalation strategies |
|
|
|
Lloyd's is the world's leading insurance market providing specialist insurance services to businesses in over 200 countries and territories. |
|
|
|
|
