The Fidelis Partnership is a leading privately-owned, Bermuda-based Managing General Underwriter, which, through its subsidiaries, is a global underwriter of property, bespoke and specialty insurance and reinsurance products. The Fidelis Partnership is one of the largest Managing General Underwriters globally and its operations also include outwards reinsurance, claims handling, exposure management and portfolio analytics. The Fidelis Partnership also sponsors and incubates specialist MGAs through its Pine Walk platform. The Fidelis Partnership is separately owned and managed from the ownership and management of Fidelis Insurance Group.
Across product lines and geographies, we focus on three diversified pillars: reinsurance, specialty and bespoke solutions. We are truly diversified. Our long-standing partnerships with capital providers and quota share partners make us nimble. Our breadth of expertise and capabilities deliver outstanding market returns.
The role
Fidelis is searching for a talented, experienced Governance Senior Manager to join its expanding Compliance team. The Governance Senior Manager will have the opportunity to work closely with senior business leaders to mature and manage the Governance standards across The Fidelis Partnership Group. This person will also have regular and direct access to the Head of Compliance Advice, Head of Compliance and the Global Chief Risk Officer. The Compliance team covers a comprehensive view of business, regulatory and legal requirements for this global business.
The successful candidate will be expected to act independently with little day-to-day oversight. The Governance Senior Manager is a senior position and will be expected to use their skills to help influence our nimble and innovative business. This role will provide unique insight and access into the world-class underwriting process and market-leading proprietary systems along with all other key functions for the business.
The Governance Senior Manager will have to be highly organised, detail orientated and an effective stakeholder manager. This person will need to be a strong communicator (written and verbal) with a high level of emotional intelligence. We are looking for someone with notable experience in the Specialty / General Insurance and Compliance / Legal or Company Secretary functions but are open to candidates with the requisite skills and comparable experience in other sectors.
The Governance Senior Manager will be instrumental in overseeing the decision making, policy standards and committee design for the functions serving all portfolios under TFP’s management, including two Lloyd’s of London syndicates and the company market (namely, the Fidelis Insurance Group).
Key accountabilities
Design, implement and maintain a Governance Map for key committees, decisions and monitoring activity across The Fidelis Partnership Group
Chair and mature the existing Policy Working Group including progressing actions and escalating issues as required
Develop, implement and maintain a Compliance Framework which brings together the all the responsibilities and workstreams of the Compliance function into one place
Advise various function holders as to how they can mature their approach to governing the activities in their respective roles by providing subject matter expertise and support
Drafting relevant inputs to regular reports for boards, board committees, external publications and management committees across the Group
Further develop and mature the SM&CR (and equivalent for non-UK jurisdictions where applicable) arrangements including assignment and assessment of SMF and Certification staff, as well as the fit and proper requirements and Management Responsibilities Map
Develop strong relationships and work alongside the Company Secretary team (not replace them) to ensure alignment of governance standards across key forums
Further develop and maintain a register of Conflicts of Interest and Gifts & Hospitality, including auditing the relevant business functions as required and escalating issues as they arise.
Skills & experience
Strong in stakeholder management, business writing and presentation skills
University degree, preferably in Legal, English or Business/Economics
Strong preference for candidates with advanced degree or relevant industry qualifications
Strong academic background and business acumen
Experience with international standards of governance and corporate responsibilities
Experience in a Legal, Compliance, CoSec or Business Management role with a strong preference for candidates that have experience in the General/Specialty Insurance Industry
Experience in drafting policies and procedures
Excellent Microsoft Office skills, in particular Microsoft Excel, PowerPoint
Experience working with Financial Regulators across multiple jurisdictions (e.g., PRA/FCA, CBI, BMA, FSRM)
Must be a strong critical thinker who can interrogate information to ensure it makes sense and provide challenge when required
Must be able to balance working on detailed projects and maintaining the ability to step back to understand enterprise risks
Must be able to respond positively during busy periods through multi-tasking and effective prioritization against needs of business
Other
The Fidelis Partnership Ethos
At The Fidelis Partnership, we aim to be different while making a difference.
We set the standard for quality in our industry. Guided by our expertise, our clients can take unique and material risks with confidence.
Our approach is tailored and designed to deliver excellence for our clients. We are trailblazers, creating unique solutions in the (re)insurance space.
We are experts. Our brokers and clients value the depth of our knowledge and experience. We leverage state-of-the-art underwriting technology to be a market leader.
We believe sound ethics make for good business. We deliver value for our customers, investors and communities while actively avoid trading with industries that cause harm to people, the environment and animals.
We pride ourselves in creating a workplace that prizes execution, meritocracy, Diversity & Inclusion. Our people herald from countless backgrounds and are united by ambition and the unabashed desire to deliver excellence every day. We provide a competitive environment that helps people cultivate themselves professionally and personally and balance a rigorous workplace with a mindset that prioritises environmental and charitable activities in our communities worldwide.
Our ethos dictates our decisions and actions. It unites us as a team of experts and colleagues and provides us with a compass for ensuring we deliver our best to every stakeholder we serve.
Diversity, Equity & Inclusion
Diversity & Inclusion in the workplace
Insofar as possible, we aim to ensure the composition of our workforce reflects the make-up of the local community
We have specific programmes in all our offices to support diversity within the hiring process, e.g. internship and scholarship award programmes
This is a particular focus in Bermuda, where we engage actively with local organisations to source diverse talent and provide coaching/mentoring for underrepresented groups
We aim to maintain a focus on equal opportunities across all stages of hiring process
We measure and minimise the pay gap where possible.
Bring Your Whole Self to Work
Our vision is for a workplace culture where differences are valued and where diversity of background, experience and thought are welcomed. We want to create an environment where all employees, regardless of who they are, are given equal opportunities for career progression and enjoy fair reward from their and The Fidelis Partnership's successes. This will be driven by a workforce that embraces Diversity & Inclusion at every level, in every department across The Fidelis Partnership.
To ensure that all candidates have a fair opportunity to show their abilities during the recruitment process, adjustments may be required. If your physical or mental health or disability may necessitate an adjustment, please contact fidelis@avenciaconsulting.com to discuss. All information relating to your health or disability will be treated in accordance with our data protection policy.
