Head of Reinsurance Division

To manage the division in order to ensure the division lines are profitably underwritten and managed. To continue to develop the division in line with Annual Business Plan targets.

Knowledge and Qualifications

• ACII
• Professional Qualification related to Division Underwritten
• Undergraduate Degree or equivalent.
• Proven Underwriting and Managerial ability
• Experience developing and managing teams successfully to meet business objectives.
• Provide clear direction, goals, targets and constructive feedback for team members
• Amalgamate personal objectives of team members with those of the company
• Foster collaboration within and across teams
• Drive culture through open communication and demonstrated leadership behaviour
• Develop and implement the annual performance review process including objective development and development plans for team members
• Support team in identifying and addressing performance gaps, career aspirations and strategies for retention of key talent
• Team Member compliance with regulatory activities and company policies and procedures
• Contributes towards the preparation and achievement of the Syndicate Business Plan for the division and to the Antares Re business plan
• Manages the relevant underwriting business, proposes and manages departmental Business Plan and Expense Budget, and co-ordinates input to Quarterly Results process
• Monitors Business Performance constantly
• Develops Short/Medium and Long Term Strategy
• Ensure proactively communicate and collaborate with the CUOs to ensure aware of account and team developments
• Ensure communicate and collaborate with divisional Heads regularly
• Monitors and reviews the performance of the underwriting division
• Manages and co-ordinates the Account Managers’ performance, training and personal development to ensure that they have appropriate technical competence and present a unified approach to the achievement of the Business Plan
• Responsible for communication of the Underwriting Policy to division, ensuring all team members understanding is clear and able to answer any questions and training with team members as required
• Controls and sets underwriting authorities within division and ensures strategies to achieve Business Plan objectives are followed
• Communicate any emerging or potential risks, in respect of the divisions underwriting activities, to the Active Underwriter
• Profitably manage teams in order to underwrite the development of the Account in accordance with the approved business plan
• Controls and monitors accounts exposures and performance, manages the research and development of new products and services including the department’s input to cross-functional projects
• Ensures the Principles for doing business at Lloyd’s are adhered to
• Maintain and improve adherence to regulatory minimum standards in line with the organisation’s processing standards and goals
• Develop and monitor professional relationships with all stakeholders to the benefit of the organisation
• Analyse and consistently monitor wider Market Trends and behaviours with a view to maintaining and improving the division’s relative performance and exposures
• Keeps fully abreast of legal, marketing, technical and market developments of relevance to the business, the Company in general and the wider insurance/reinsurance marketplace.
• Co-ordinates involvement with cross class business/systems/distribution channels; works with underwriters to ensure cedent/broker relationships are managed on a cross-class basis.
• Manages internal and external relationships to develop New Opportunities.
• Ensure own technical training and personal development is maintained and enhanced in order to sustain and improve the account’s performance
• Manages, co-ordinates and contributes towards continuous personal development and training of the team to ensure technical abilities are consistent and improved
• Provide support and encouragement to the Team and relevant stakeholders in working towards the achievement of the Account’s development in line with business plan
• Support and encourage Class Underwriters to Investigate, recommend and implement new products, services or systems to improve the operational success of their Account
• Contributes to the wider organisations development, including cross-functional and cross-class projects with an emphasis on the improvement of the group’s underwriting performance
• Ultimate accountability for the design and operational effectiveness of assigned controls, detailed within the Risk Register, to mitigate related underwriting risks. Reporting to the Underwriting Committee any design or operational control issues identified with respect to related underwriting risks
• Will act as a Business Recovery Team Leader as part of the Antares Business Continuity Plan

All applicants must have the right to work in the UK.

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